Wall Street brokerages expect Verisk Analytics, Inc. (NASDAQ:VRSK) to post $565.47 million in sales for the current fiscal quarter, Zacks reports. Six analysts have provided estimates for Verisk Analytics’ earnings, with the highest sales estimate coming in at $578.30 million and the lowest estimate coming in at $537.80 million. Verisk Analytics reported sales of $502.60 million in the same quarter last year, which indicates a positive year-over-year growth rate of 12.5%. The business is expected to report its next quarterly earnings report on Tuesday, May 1st.

According to Zacks, analysts expect that Verisk Analytics will report full-year sales of $565.47 million for the current year, with estimates ranging from $2.29 billion to $2.40 billion. For the next fiscal year, analysts anticipate that the business will report sales of $2.51 billion per share, with estimates ranging from $2.43 billion to $2.58 billion. Zacks’ sales averages are an average based on a survey of sell-side research firms that follow Verisk Analytics.

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Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings results on Tuesday, February 20th. The business services provider reported $1.34 EPS for the quarter, topping the consensus estimate of $0.78 by $0.56. Verisk Analytics had a net margin of 25.88% and a return on equity of 33.58%. The firm had revenue of $570.30 million during the quarter, compared to analyst estimates of $557.09 million. During the same quarter in the prior year, the business posted $0.80 earnings per share. Verisk Analytics’s revenue for the quarter was up 12.7% compared to the same quarter last year.

VRSK has been the subject of several research analyst reports. Zacks Investment Research raised shares of Verisk Analytics from a “hold” rating to a “buy” rating and set a $107.00 price target for the company in a research report on Saturday, January 6th. BidaskClub downgraded shares of Verisk Analytics from a “strong-buy” rating to a “buy” rating in a research note on Thursday, January 4th. Keefe, Bruyette & Woods reiterated a “buy” rating and set a $106.00 price objective on shares of Verisk Analytics in a research note on Friday, December 22nd. Cantor Fitzgerald reiterated a “buy” rating and set a $108.00 price objective on shares of Verisk Analytics in a research note on Friday, December 8th. Finally, Morgan Stanley boosted their price objective on shares of Verisk Analytics from $91.00 to $106.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 31st. One investment analyst has rated the stock with a sell rating, six have given a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $103.07.

In other news, Director Andrew G. Mills sold 3,000 shares of the company’s stock in a transaction on 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 filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Lee Shavel bought 399 shares of the firm’s stock in a transaction dated Monday, February 12th. The stock was purchased at an average price of $94.05 per share, with a total value of $37,525.95. Following the completion of the purchase, the chief financial officer now directly owns 23,128 shares of the company’s stock, valued at approximately $2,175,188.40. The disclosure for this purchase can be found here. Over the last 90 days, insiders bought 1,531 shares of company stock valued at $149,796 and sold 321,560 shares valued at $33,370,848. 3.41% of the stock is currently owned by corporate insiders.

Several hedge funds have recently made changes to their positions in the company. BlackRock Inc. boosted its stake in shares of Verisk Analytics by 0.9% in the fourth quarter. BlackRock Inc. now owns 9,751,852 shares of the business services provider’s stock valued at $936,178,000 after purchasing an additional 86,377 shares during the period. Parnassus Investments CA boosted its stake in shares of Verisk Analytics by 1.1% in the fourth quarter. Parnassus Investments CA now owns 6,424,319 shares of the business services provider’s stock valued at $616,735,000 after purchasing an additional 71,746 shares during the period. Harding Loevner LP boosted its stake in Verisk Analytics by 95.4% during the 3rd quarter. Harding Loevner LP now owns 5,847,407 shares of the business services provider’s stock valued at $243,146,000 after acquiring an additional 2,855,204 shares during the last quarter. Mawer Investment Management Ltd. boosted its stake in Verisk Analytics by 6.0% during the 3rd quarter. Mawer Investment Management Ltd. now owns 1,816,797 shares of the business services provider’s stock valued at $151,102,000 after acquiring an additional 103,564 shares during the last quarter. Finally, DF Dent & Co. Inc. boosted its stake in Verisk Analytics by 19.8% during the 4th quarter. DF Dent & Co. Inc. now owns 1,724,022 shares of the business services provider’s stock valued at $165,506,000 after acquiring an additional 285,230 shares during the last quarter. Institutional investors and hedge funds own 92.46% of the company’s stock.

Shares of Verisk Analytics stock traded up $0.51 during mid-day trading on Tuesday, reaching $104.77. 960,129 shares of the company traded hands, compared to its average volume of 985,596. Verisk Analytics has a 1 year low of $75.60 and a 1 year high of $106.07. The company has a quick ratio of 0.45, a current ratio of 0.45 and a debt-to-equity ratio of 1.19. The firm has a market capitalization of $17,289.25, a price-to-earnings ratio of 31.75, a price-to-earnings-growth ratio of 2.41 and a beta of 0.71.

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

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