Verisk Analytics, Inc. (NASDAQ:VRSK) Receives $302.40 Consensus PT from Analysts

Shares of Verisk Analytics, Inc. (NASDAQ:VRSK) have received a consensus rating of “Hold” from the ten ratings firms that are presently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating on the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $302.40.

Several equities research analysts have recently weighed in on VRSK shares. Bank of America assumed coverage on shares of Verisk Analytics in a report on Thursday, April 10th. They issued an “underperform” rating and a $280.00 target price on the stock. Robert W. Baird upped their price objective on shares of Verisk Analytics from $320.00 to $335.00 and gave the stock an “outperform” rating in a research note on Thursday, May 8th. Finally, UBS Group raised their price objective on shares of Verisk Analytics from $295.00 to $320.00 and gave the stock a “neutral” rating in a report on Monday, May 12th.

Insider Buying and Selling at Verisk Analytics

In related news, Director Samuel G. Liss sold 11,656 shares of the company’s stock in a transaction dated Friday, June 13th. The stock was sold at an average price of $313.06, for a total transaction of $3,649,027.36. Following the sale, the director owned 67,244 shares in the company, valued at approximately $21,051,406.64. This represents a 14.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Kathy Card Beckles sold 326 shares of the business’s stock in a transaction that occurred on Thursday, July 3rd. The stock was sold at an average price of $300.86, for a total value of $98,080.36. Following the transaction, the insider directly owned 9,319 shares in the company, valued at $2,803,714.34. This trade represents a 3.38% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 28,825 shares of company stock valued at $8,947,730 in the last three months. 0.46% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. EWA LLC lifted its position in Verisk Analytics by 3.6% during the second quarter. EWA LLC now owns 1,105 shares of the business services provider’s stock worth $344,000 after acquiring an additional 38 shares during the last quarter. BSW Wealth Partners increased its stake in shares of Verisk Analytics by 20.1% during the second quarter. BSW Wealth Partners now owns 1,293 shares of the business services provider’s stock worth $403,000 after purchasing an additional 216 shares during the period. USA Financial Formulas lifted its holdings in Verisk Analytics by 101.1% during the 2nd quarter. USA Financial Formulas now owns 9,493 shares of the business services provider’s stock worth $2,957,000 after purchasing an additional 4,772 shares during the last quarter. Ninety One SA PTY Ltd boosted its stake in Verisk Analytics by 1.0% in the 2nd quarter. Ninety One SA PTY Ltd now owns 25,421 shares of the business services provider’s stock valued at $7,856,000 after purchasing an additional 243 shares during the period. Finally, Panoramic Capital Partners LLC bought a new stake in Verisk Analytics in the 2nd quarter valued at $204,000. 90.00% of the stock is currently owned by institutional investors.

Verisk Analytics Stock Performance

NASDAQ:VRSK opened at $301.90 on Thursday. The firm has a market capitalization of $42.23 billion, a PE ratio of 44.20, a PEG ratio of 3.74 and a beta of 0.86. Verisk Analytics has a 1 year low of $257.59 and a 1 year high of $322.92. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 26.13. The firm’s fifty day simple moving average is $309.16 and its 200 day simple moving average is $296.34.

Verisk Analytics (NASDAQ:VRSK) last released its earnings results on Wednesday, May 7th. The business services provider reported $1.73 EPS for the quarter, beating the consensus estimate of $1.68 by $0.05. Verisk Analytics had a net margin of 33.13% and a return on equity of 396.08%. The firm had revenue of $753.00 million during the quarter, compared to analysts’ expectations of $750.31 million. During the same period in the prior year, the company earned $1.63 EPS. The business’s quarterly revenue was up 7.0% compared to the same quarter last year. On average, sell-side analysts anticipate that Verisk Analytics will post 6.63 EPS for the current year.

Verisk Analytics Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, June 13th were paid a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 0.60%. The ex-dividend date was Friday, June 13th. Verisk Analytics’s payout ratio is 26.35%.

Verisk Analytics Company Profile

Verisk Analytics, Inc provides data analytics and technology solutions to the insurance markets in the United States and internationally. It offers policy language, prospective loss costs, policy writing and rating rules, and various underwriting solutions for risk selection and segmentation, pricing, and workflow optimization; property- and auto- specific rating and underwriting information solutions that allows clients to understand, quantify, underwrite, mitigate, and avoid potential loss for risks; catastrophe modeling solutions, which enables companies to identify, quantify, and plan for the financial consequences of catastrophes for use by insurers, reinsurers, intermediaries, financial institutions, and governments.