Verisk Analytics (VRSK) Getting Somewhat Positive News Coverage, Accern Reports
News coverage about Verisk Analytics (NASDAQ:VRSK) has trended somewhat positive recently, according to Accern. Accern identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Verisk Analytics earned a daily sentiment score of 0.11 on Accern’s scale. Accern also gave media headlines about the business services provider an impact score of 46.6026609576582 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the media headlines that may have effected Accern Sentiment’s scoring:
- Verisk Analytics, Inc. (VRSK) Director Sells $808,200.00 in Stock (americanbankingnews.com)
- Lessons From Harvey: Insuring A Better Recovery To The Next Superstorm (finance.yahoo.com)
- Head-To-Head Comparison: Verisk Analytics (VRSK) vs. BroadSoft (BSFT) (americanbankingnews.com)
- Today’s Research Report Coverage on Business Services Stocks — First Data, Cardtronics, Verisk Analytics, and Apptio (bizjournals.com)
- Verisk Analytics to Present at the BMO Capital Markets’ 17th Annual Back to School Conference (finance.yahoo.com)
A number of equities research analysts have recently weighed in on the company. Keefe, Bruyette & Woods set a $90.00 price target on Verisk Analytics and gave the company a “buy” rating in a report on Monday, August 21st. Royal Bank Of Canada reaffirmed a “hold” rating on shares of Verisk Analytics in a report on Friday, August 4th. Credit Suisse Group reaffirmed a “neutral” rating and set a $85.00 price target (up previously from $80.00) on shares of Verisk Analytics in a report on Thursday, August 3rd. SunTrust Banks, Inc. cut Verisk Analytics from a “buy” rating to a “hold” rating and set a $85.00 price target on the stock. in a report on Thursday, August 3rd. Finally, Morgan Stanley reaffirmed an “equal weight” rating and set a $82.00 price target (down previously from $83.00) on shares of Verisk Analytics in a report on Tuesday, July 18th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and three have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $85.38.
Shares of Verisk Analytics (VRSK) traded up 0.55% during midday trading on Wednesday, reaching $81.06. The company had a trading volume of 767,721 shares. Verisk Analytics has a 12 month low of $75.60 and a 12 month high of $88.17. The firm’s 50 day moving average price is $82.79 and its 200-day moving average price is $81.79. The company has a market capitalization of $13.34 billion, a P/E ratio of 29.47 and a beta of 0.68.
Verisk Analytics (NASDAQ:VRSK) last announced its earnings results on Tuesday, August 1st. The business services provider reported $0.82 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.77 by $0.05. Verisk Analytics had a net margin of 23.13% and a return on equity of 34.04%. The company had revenue of $523.20 million for the quarter, compared to analyst estimates of $519.67 million. During the same period in the prior year, the business earned $0.73 earnings per share. Verisk Analytics’s quarterly revenue was up 5.0% on a year-over-year basis. Analysts anticipate that Verisk Analytics will post $3.14 earnings per share for the current fiscal year.
In related news, Director David B. Wright sold 10,000 shares of the stock in a transaction that occurred on Wednesday, September 6th. The shares were sold at an average price of $80.82, for a total value of $808,200.00. Following the transaction, the director now directly owns 13,951 shares in the company, valued at $1,127,519.82. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director David B. Wright sold 15,000 shares of the stock in a transaction that occurred on Thursday, June 8th. The shares were sold at an average price of $80.32, for a total transaction of $1,204,800.00. Following the completion of the transaction, the director now owns 22,025 shares in the company, valued at $1,769,048. The disclosure for this sale can be found here. Insiders have sold 29,304 shares of company stock worth $2,370,938 over the last quarter. 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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