Zacks: Analysts Expect Verisk Analytics (VRSK) to Post $1.00 Earnings Per Share

Brokerages expect Verisk Analytics (NASDAQ:VRSK) to report $1.00 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Six analysts have issued estimates for Verisk Analytics’ earnings, with the highest EPS estimate coming in at $1.06 and the lowest estimate coming in at $0.95. Verisk Analytics reported earnings of $0.82 per share during the same quarter last year, which indicates a positive year over year growth rate of 22%. The business is scheduled to report its next quarterly earnings report on Tuesday, August 7th.

According to Zacks, analysts expect that Verisk Analytics will report full-year earnings of $4.10 per share for the current fiscal year, with EPS estimates ranging from $3.95 to $4.25. For the next fiscal year, analysts forecast that the business will report earnings of $4.49 per share, with EPS estimates ranging from $4.28 to $4.65. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research analysts that that provide coverage for Verisk Analytics.

Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings data on Tuesday, May 1st. The business services provider reported $0.94 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.94. Verisk Analytics had a net margin of 26.05% and a return on equity of 31.75%. The firm had revenue of $581.00 million during the quarter, compared to analysts’ expectations of $565.41 million. During the same period last year, the company earned $0.74 earnings per share. The business’s revenue was up 15.6% on a year-over-year basis.

Several research analysts recently weighed in on VRSK shares. Royal Bank of Canada boosted their price target on shares of Verisk Analytics to $100.00 and gave the stock a “sector perform” rating in a report on Friday, January 19th. They noted that the move was a valuation call. Keefe, Bruyette & Woods set a $112.00 price target on shares of Verisk Analytics and gave the stock a “buy” rating in a report on Friday, February 23rd. JPMorgan Chase upgraded shares of Verisk Analytics from a “neutral” rating to an “overweight” rating and set a $100.00 price target on the stock in a report on Thursday, February 22nd. Morgan Stanley set a $107.00 price target on shares of Verisk Analytics and gave the stock a “hold” rating in a report on Thursday, February 22nd. Finally, BidaskClub upgraded shares of Verisk Analytics from a “hold” rating to a “buy” rating in a report on Tuesday, January 23rd. One analyst has rated the stock with a sell rating, six have assigned a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $104.36.

In other Verisk Analytics news, Director Andrew G. Mills sold 3,000 shares of Verisk Analytics stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $100.00, for a total value of $300,000.00. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Lee Shavel acquired 354 shares of the stock in a transaction on Monday, March 12th. The stock was bought at an average cost of $105.10 per share, for a total transaction of $37,205.40. Following the transaction, the chief financial officer now owns 23,482 shares of the company’s stock, valued at approximately $2,467,958.20. The disclosure for this purchase can be found here. In the last ninety days, insiders acquired 1,068 shares of company stock worth $112,950 and sold 518,830 shares worth $54,153,984. Insiders own 3.19% of the company’s stock.

A number of hedge funds have recently made changes to their positions in the business. Norinchukin Bank The raised its position in Verisk Analytics by 0.3% in the first quarter. Norinchukin Bank The now owns 174,536 shares of the business services provider’s stock worth $18,152,000 after acquiring an additional 489 shares during the period. New Mexico Educational Retirement Board raised its position in shares of Verisk Analytics by 4.2% in the fourth quarter. New Mexico Educational Retirement Board now owns 14,900 shares of the business services provider’s stock valued at $1,430,000 after purchasing an additional 600 shares during the period. Ladenburg Thalmann Financial Services Inc. raised its position in shares of Verisk Analytics by 6.9% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 9,589 shares of the business services provider’s stock valued at $920,000 after purchasing an additional 620 shares during the period. HPM Partners LLC raised its position in shares of Verisk Analytics by 18.9% in the fourth quarter. HPM Partners LLC now owns 4,119 shares of the business services provider’s stock valued at $395,000 after purchasing an additional 655 shares during the period. Finally, M&T Bank Corp raised its position in shares of Verisk Analytics by 1.5% in the fourth quarter. M&T Bank Corp now owns 46,584 shares of the business services provider’s stock valued at $4,472,000 after purchasing an additional 705 shares during the period. 93.48% of the stock is currently owned by institutional investors and hedge funds.

Verisk Analytics stock opened at $106.31 on Friday. Verisk Analytics has a fifty-two week low of $78.29 and a fifty-two week high of $108.58. The stock has a market cap of $17.28 billion, a P/E ratio of 33.12, a PEG ratio of 1.94 and a beta of 0.67. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.45 and a current ratio of 0.45.

About Verisk Analytics

Verisk Analytics, Inc provides data analytics solutions for customers in the insurance, energy, and financial markets in the United States and internationally. Its Decision Analytics segment develops predictive models to forecast scenarios, and produce standard and customized analytics for predicting loss, selecting and pricing risk, detecting fraud before and after a loss event, and quantifying losses.

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Earnings History and Estimates for Verisk Analytics (NASDAQ:VRSK)

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