Verisk Analytics Inc. (NASDAQ:VRSK) – William Blair boosted their Q1 2017 earnings per share (EPS) estimates for Verisk Analytics in a research report issued to clients and investors on Monday. William Blair analyst T. Mchugh now expects that the firm will post earnings per share of $0.80 for the quarter, up from their previous forecast of $0.79. William Blair also issued estimates for Verisk Analytics’ FY2017 earnings at $3.28 EPS and FY2018 earnings at $3.51 EPS.

Verisk Analytics (NASDAQ:VRSK) last announced its quarterly earnings data on Tuesday, November 1st. The company reported $0.84 EPS for the quarter, topping the Zacks’ consensus estimate of $0.75 by $0.09. Verisk Analytics had a return on equity of 38.26% and a net margin of 29.06%. The firm had revenue of $498.10 million for the quarter, compared to the consensus estimate of $496.70 million. During the same quarter last year, the business posted $0.85 earnings per share. The firm’s revenue was up 6.0% compared to the same quarter last year. COPYRIGHT VIOLATION WARNING: “Q1 2017 EPS Estimates for Verisk Analytics Inc. (VRSK) Lifted by William Blair” was published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this report on another publication, it was stolen and reposted in violation of United States & international copyright & trademark laws. The correct version of this report can be viewed at https://www.thecerbatgem.com/2016/11/29/q1-2017-eps-estimates-for-verisk-analytics-inc-vrsk-lifted-by-william-blair.html.

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

VRSK has been the subject of several other reports. Cantor Fitzgerald set a $87.00 price target on Verisk Analytics and gave the stock a “buy” rating in a research note on Wednesday, August 3rd. Zacks Investment Research upgraded Verisk Analytics from a “sell” rating to a “hold” rating in a research note on Saturday, August 6th. Macquarie started coverage on Verisk Analytics in a research note on Thursday, August 25th. They issued a “neutral” rating and a $88.00 price target for the company. Finally, BMO Capital Markets reiterated a “hold” rating on shares of Verisk Analytics in a research note on Thursday, November 3rd. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $88.14.

Verisk Analytics (NASDAQ:VRSK) traded down 0.12% on Tuesday, reaching $84.05. The company had a trading volume of 293,416 shares. The firm has a 50-day moving average of $81.88 and a 200-day moving average of $81.42. The stock has a market capitalization of $14.07 billion, a P/E ratio of 24.22 and a beta of 0.65. Verisk Analytics has a 12 month low of $64.79 and a 12 month high of $86.00.

Institutional investors have recently bought and sold shares of the company. ETRADE Capital Management LLC raised its stake in shares of Verisk Analytics by 52.3% in the third quarter. ETRADE Capital Management LLC now owns 9,770 shares of the company’s stock worth $795,000 after buying an additional 3,354 shares during the period. D.A. Davidson & CO. raised its stake in shares of Verisk Analytics by 26.7% in the third quarter. D.A. Davidson & CO. now owns 19,778 shares of the company’s stock worth $1,604,000 after buying an additional 4,172 shares during the period. Piedmont Investment Advisors LLC bought a new stake in shares of Verisk Analytics during the third quarter worth about $443,000. Price T Rowe Associates Inc. MD raised its stake in shares of Verisk Analytics by 0.5% in the third quarter. Price T Rowe Associates Inc. MD now owns 6,942,650 shares of the company’s stock worth $564,299,000 after buying an additional 36,446 shares during the period. Finally, Covington Capital Management raised its stake in shares of Verisk Analytics by 44.7% in the third quarter. Covington Capital Management now owns 8,120 shares of the company’s stock worth $660,000 after buying an additional 2,510 shares during the period. Hedge funds and other institutional investors own 91.59% of the company’s stock.

COPYRIGHT VIOLATION WARNING: “Q1 2017 EPS Estimates for Verisk Analytics Inc. (VRSK) Lifted by William Blair” was published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this report on another publication, it was stolen and reposted in violation of United States & international copyright & trademark laws. The correct version of this report can be viewed at https://www.thecerbatgem.com/2016/11/29/q1-2017-eps-estimates-for-verisk-analytics-inc-vrsk-lifted-by-william-blair.html.

In other Verisk Analytics news, SVP Vincent De P. Mccarthy sold 2,400 shares of Verisk Analytics stock in a transaction that occurred on Tuesday, September 6th. The shares were sold at an average price of $83.70, for a total value of $200,880.00. Following the transaction, the senior vice president now owns 34,349 shares in the company, valued at $2,875,011.30. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, COO Mark V. Anquillare sold 20,000 shares of Verisk Analytics stock in a transaction that occurred on Thursday, October 13th. The stock was sold at an average price of $78.88, for a total transaction of $1,577,600.00. Following the completion of the transaction, the chief operating officer now owns 74,090 shares in the company, valued at approximately $5,844,219.20. The disclosure for this sale can be found here. Corporate insiders own 3.47% of the company’s stock.

Verisk Analytics Company Profile

Verisk Analytics, Inc is a data analytics provider serving customers in insurance, natural resources, healthcare, financial services, government and risk management. The Company provides predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, global risk analytics, natural resources intelligence and economic forecasting, among others.

5 Day Chart for NASDAQ:VRSK

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