Q1 2018 EPS Estimates for Verisk Analytics, Inc. Lifted by William Blair (VRSK)
Verisk Analytics, Inc. (NASDAQ:VRSK) – Stock analysts at William Blair upped their Q1 2018 earnings per share (EPS) estimates for Verisk Analytics in a note issued to investors on Thursday. William Blair analyst T. Mchugh now forecasts that the business services provider will post earnings per share of $0.83 for the quarter, up from their previous forecast of $0.82. William Blair also issued estimates for Verisk Analytics’ Q2 2018 earnings at $0.87 EPS, Q4 2018 earnings at $0.91 EPS and FY2018 earnings at $3.48 EPS.
VRSK has been the subject of several other research reports. Cantor Fitzgerald reiterated a “buy” rating and issued a $108.00 price target on shares of Verisk Analytics in a research report on Friday, December 8th. Barclays increased their price target on Verisk Analytics from $86.00 to $105.00 and gave the company an “overweight” rating in a research report on Thursday, November 2nd. BMO Capital Markets reiterated a “hold” rating and issued a $83.00 price target on shares of Verisk Analytics in a research report on Friday, September 15th. Morgan Stanley raised their price objective on Verisk Analytics from $83.00 to $90.00 and gave the stock an “equal weight” rating in a research report on Thursday, November 2nd. Finally, Zacks Investment Research lowered Verisk Analytics from a “hold” rating to a “sell” rating in a research report on Tuesday, October 3rd. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and five have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $91.15.
Shares of Verisk Analytics (NASDAQ VRSK) traded up $0.28 during mid-day trading on Monday, reaching $94.60. The company had a trading volume of 972,400 shares, compared to its average volume of 812,643. Verisk Analytics has a fifty-two week low of $75.60 and a fifty-two week high of $98.60. The company has a market capitalization of $15,533.74, a PE ratio of 29.48, a P/E/G ratio of 3.35 and a beta of 0.80. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.45 and a quick ratio of 0.45.
Verisk Analytics (NASDAQ:VRSK) last issued its earnings results on Tuesday, October 31st. The business services provider reported $0.84 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.78 by $0.06. The firm had revenue of $549.10 million for the quarter, compared to analyst estimates of $527.97 million. Verisk Analytics had a return on equity of 36.91% and a net margin of 22.09%. The firm’s revenue for the quarter was up 10.2% on a year-over-year basis. During the same period last year, the company earned $0.84 earnings per share.
Large investors have recently made changes to their positions in the company. Janney Montgomery Scott LLC boosted its stake in Verisk Analytics by 13.3% in the 2nd quarter. Janney Montgomery Scott LLC now owns 7,467 shares of the business services provider’s stock valued at $630,000 after buying an additional 878 shares in the last quarter. Sei Investments Co. boosted its stake in Verisk Analytics by 26.1% in the 2nd quarter. Sei Investments Co. now owns 40,471 shares of the business services provider’s stock valued at $3,414,000 after buying an additional 8,367 shares in the last quarter. Candriam Luxembourg S.C.A. boosted its stake in Verisk Analytics by 9.8% in the 2nd quarter. Candriam Luxembourg S.C.A. now owns 9,906 shares of the business services provider’s stock valued at $836,000 after buying an additional 883 shares in the last quarter. Schwab Charles Investment Management Inc. boosted its stake in Verisk Analytics by 23.9% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 594,589 shares of the business services provider’s stock valued at $50,166,000 after buying an additional 114,838 shares in the last quarter. Finally, LMR Partners LLP acquired a new position in Verisk Analytics in the second quarter worth $1,498,000. 93.27% of the stock is currently owned by institutional investors.
In other Verisk Analytics news, CAO David J. Grover sold 7,000 shares of Verisk Analytics stock in a transaction that occurred on Tuesday, November 7th. The stock was sold at an average price of $92.45, for a total value of $647,150.00. Following the transaction, the chief accounting officer now directly owns 13,028 shares of the company’s stock, valued at approximately $1,204,438.60. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Kenneth E. Thompson sold 80,207 shares of Verisk Analytics stock in a transaction that occurred on Tuesday, October 24th. The stock was sold at an average price of $85.13, for a total value of $6,828,021.91. Following the completion of the transaction, the executive vice president now directly owns 107,264 shares in the company, valued at $9,131,384.32. The disclosure for this sale can be found here. Insiders sold a total of 301,646 shares of company stock worth $26,129,619 over the last three months. 3.41% of the stock is owned by company insiders.
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Verisk Analytics Company Profile
Verisk Analytics, Inc is a data analytics provider serving customers in insurance, natural resources and financial services. The Company operates through two segments: Risk Assessment and Decision Analytics. Its Risk Assessment segment serves its property and casualty insurance customers and focuses on prediction of loss, selection and pricing of risk, and compliance with their reporting requirements in each United States state in which they operate.
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