Verisk Analytics (VRSK) Releases Quarterly Earnings Results

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Verisk Analytics (NASDAQ:VRSK) released its quarterly earnings results on Tuesday. The business services provider reported $1.08 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.07 by $0.01, Briefing.com reports. The business had revenue of $598.70 million during the quarter, compared to analyst estimates of $596.79 million. Verisk Analytics had a net margin of 27.94% and a return on equity of 31.84%. The company’s quarterly revenue was up 9.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.84 earnings per share.

VRSK opened at $119.84 on Thursday. Verisk Analytics has a 52-week low of $84.66 and a 52-week high of $122.80. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.43 and a current ratio of 0.43. The stock has a market cap of $19.26 billion, a PE ratio of 37.33, a P/E/G ratio of 2.37 and a beta of 0.65.

In related news, Director Andrew G. Mills sold 3,000 shares of the stock in a transaction that occurred on Wednesday, September 19th. The shares were sold at an average price of $121.97, for a total value of $365,910.00. Following the transaction, the director now owns 82,605 shares in the company, valued at approximately $10,075,331.85. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Vincent De P. Mccarthy sold 3,090 shares of the stock in a transaction that occurred on Monday, August 20th. The stock was sold at an average price of $117.43, for a total transaction of $362,858.70. Following the completion of the transaction, the insider now owns 37,127 shares in the company, valued at approximately $4,359,823.61. The disclosure for this sale can be found here. In the last 90 days, insiders have bought 945 shares of company stock worth $112,226 and have sold 339,558 shares worth $39,942,082. Corporate insiders own 3.19% of the company’s stock.

VRSK has been the subject of several analyst reports. Zacks Investment Research raised shares of Verisk Analytics from a “hold” rating to a “buy” rating and set a $125.00 price target for the company in a research report on Tuesday, July 17th. Keefe, Bruyette & Woods restated a “buy” rating and set a $115.00 price objective on shares of Verisk Analytics in a report on Thursday, July 19th. BidaskClub downgraded shares of Verisk Analytics from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 31st. Morgan Stanley restated a “hold” rating and set a $119.00 price objective (up previously from $113.00) on shares of Verisk Analytics in a report on Thursday, September 13th. Finally, SunTrust Banks restated a “hold” rating and set a $109.00 price objective on shares of Verisk Analytics in a report on Wednesday, August 1st. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $107.93.

Verisk Analytics Company Profile

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 for Verisk Analytics (NASDAQ:VRSK)

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