Brokerages expect Verisk Analytics, Inc. (NASDAQ:VRSK) to post sales of $528.28 million for the current fiscal quarter, Zacks Investment Research reports. Seven analysts have issued estimates for Verisk Analytics’ earnings. The lowest sales estimate is $514.94 million and the highest is $534.20 million. Verisk Analytics reported sales of $498.08 million during the same quarter last year, which would suggest a positive year-over-year growth rate of 6.1%. The firm is scheduled to announce its next earnings results on Tuesday, November 7th.

According to Zacks, analysts expect that Verisk Analytics will report full-year sales of $528.28 million for the current year, with estimates ranging from $2.07 billion to $2.11 billion. For the next year, analysts expect that the company will post sales of $2.22 billion per share, with estimates ranging from $2.16 billion to $2.28 billion. Zacks’ sales calculations are an average based on a survey of research firms that cover Verisk Analytics.

Verisk Analytics (NASDAQ:VRSK) last announced its earnings results on Tuesday, August 1st. The business services provider reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.77 by $0.05. Verisk Analytics had a return on equity of 38.43% and a net margin of 22.99%. The firm had revenue of $523.20 million for the quarter, compared to the consensus estimate of $519.67 million. During the same quarter in the previous year, the business earned $0.73 EPS. The company’s revenue was up 5.0% compared to the same quarter last year.

Several equities research analysts recently weighed in on VRSK shares. Keefe, Bruyette & Woods set a $90.00 price target on shares of Verisk Analytics and gave the company a “buy” rating in a research report on Monday, August 21st. Morgan Stanley reissued an “equal weight” rating and set a $82.00 price target (down previously from $83.00) on shares of Verisk Analytics in a research report on Tuesday, July 18th. BMO Capital Markets reissued a “hold” rating and set a $83.00 price target on shares of Verisk Analytics in a research report on Friday, September 15th. SunTrust Banks, Inc. downgraded shares of Verisk Analytics from a “buy” rating to a “hold” rating and set a $85.00 price target for the company. in a research report on Thursday, August 3rd. Finally, Royal Bank Of Canada reissued a “hold” rating on shares of Verisk Analytics in a research report on Friday, August 4th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have given a buy rating to the company’s stock. Verisk Analytics has an average rating of “Hold” and a consensus target price of $84.83.

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Shares of Verisk Analytics (VRSK) traded down 0.36% during trading on Thursday, hitting $83.50. The stock had a trading volume of 493,867 shares. Verisk Analytics has a 52-week low of $75.60 and a 52-week high of $88.17. The stock has a 50 day moving average of $81.71 and a 200 day moving average of $81.85. The firm has a market cap of $13.74 billion, a PE ratio of 30.35 and a beta of 0.70.

In other news, Director Andrew G. Mills sold 1,768 shares of Verisk Analytics stock in a transaction on Friday, September 29th. The shares were sold at an average price of $82.50, for a total transaction of $145,860.00. Following the transaction, the director now owns 102,525 shares in the company, valued at approximately $8,458,312.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Andrew G. Mills sold 3,000 shares of Verisk Analytics stock in a transaction on Friday, September 8th. The stock was sold at an average price of $82.50, for a total transaction of $247,500.00. Following the transaction, the director now owns 105,525 shares in the company, valued at approximately $8,705,812.50. The disclosure for this sale can be found here. In the last ninety days, insiders sold 17,304 shares of company stock valued at $1,410,728. 3.41% of the stock is currently owned by insiders.

Several institutional investors have recently modified their holdings of VRSK. Integrated Investment Consultants LLC boosted its stake in shares of Verisk Analytics by 45.8% during the 2nd quarter. Integrated Investment Consultants LLC now owns 1,330 shares of the business services provider’s stock worth $112,000 after acquiring an additional 418 shares during the last quarter. Parkside Financial Bank & Trust boosted its stake in shares of Verisk Analytics by 40.3% during the 2nd quarter. Parkside Financial Bank & Trust now owns 1,324 shares of the business services provider’s stock worth $112,000 after acquiring an additional 380 shares during the last quarter. Huntington National Bank boosted its stake in shares of Verisk Analytics by 29.6% during the 2nd quarter. Huntington National Bank now owns 1,548 shares of the business services provider’s stock worth $131,000 after acquiring an additional 354 shares during the last quarter. Advisory Services Network LLC boosted its stake in shares of Verisk Analytics by 300.5% during the 2nd quarter. Advisory Services Network LLC now owns 1,690 shares of the business services provider’s stock worth $143,000 after acquiring an additional 1,268 shares during the last quarter. Finally, Perigon Wealth Management LLC boosted its stake in shares of Verisk Analytics by 61.2% during the 2nd quarter. Perigon Wealth Management LLC now owns 1,763 shares of the business services provider’s stock worth $149,000 after acquiring an additional 669 shares during the last quarter. Institutional investors and hedge funds own 93.27% of the company’s stock.

About Verisk Analytics

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

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