Verisk Analytics (VRSK) Receiving Somewhat Favorable Press Coverage, Study Shows
Media headlines about Verisk Analytics (NASDAQ:VRSK) have been trending somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Verisk Analytics earned a news impact score of 0.12 on Accern’s scale. Accern also gave press coverage about the business services provider an impact score of 46.8643320523137 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the media headlines that may have effected Accern Sentiment Analysis’s rankings:
- Insider Selling: Verisk Analytics, Inc. (VRSK) Director Sells 3,000 Shares of Stock (americanbankingnews.com)
- Verisk (VRSK) Down 5.4% Since Earnings Report: Can It Rebound? (finance.yahoo.com)
- AIR Worldwide Updates Estimates of Insured Losses for Hurricane Irma’s Impacts in the United States (finance.yahoo.com)
- Verisk’s AIR Worldwide sees Irma-related insured loss much less than Harvey-related damage (finance.yahoo.com)
- AIR Worldwide Estimates Combined Insured Losses for Hurricane Irma for the United States and Selected Islands in the Caribbean Will Be Between USD 20 Billion and USD 65 Billion (finance.yahoo.com)
A number of analysts have commented on VRSK shares. BidaskClub upgraded shares of Verisk Analytics from a “sell” rating to a “hold” rating in a report on Thursday, June 15th. Morgan Stanley reissued an “equal weight” rating and issued a $82.00 price target (down previously from $83.00) on shares of Verisk Analytics in a research note on Tuesday, July 18th. BMO Capital Markets increased their price target on shares of Verisk Analytics from $81.00 to $83.00 and gave the company a “market perform” rating in a research note on Friday, July 14th. Zacks Investment Research raised shares of Verisk Analytics from a “sell” rating to a “hold” rating in a research note on Thursday, July 13th. Finally, Royal Bank Of Canada reissued a “hold” rating on shares of Verisk Analytics in a research note on Friday, August 4th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and three have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $85.38.
Verisk Analytics (VRSK) opened at 82.03 on Tuesday. The company’s 50 day moving average is $82.46 and its 200-day moving average is $81.77. The stock has a market cap of $13.50 billion, a PE ratio of 29.82 and a beta of 0.68. Verisk Analytics has a 52-week low of $75.60 and a 52-week high of $88.17.
Verisk Analytics (NASDAQ:VRSK) last posted its quarterly earnings data on Tuesday, August 1st. The business services provider reported $0.82 earnings per share for the quarter, beating analysts’ consensus estimates of $0.77 by $0.05. The business had revenue of $523.20 million during the quarter, compared to analyst estimates of $519.67 million. Verisk Analytics had a net margin of 22.99% and a return on equity of 38.43%. The company’s revenue was up 5.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.73 earnings per share. On average, equities analysts anticipate that Verisk Analytics will post $3.14 earnings per share for the current year.
In related news, Director Andrew G. Mills sold 3,000 shares of the business’s stock in a transaction that occurred on Friday, September 8th. The shares were sold at an average price of $82.50, for a total value of $247,500.00. Following the completion of the sale, the director now directly owns 105,525 shares in the company, valued at $8,705,812.50. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director David B. Wright sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 6th. The shares were sold at an average price of $80.82, for a total transaction of $808,200.00. Following the completion of the sale, the director now owns 13,951 shares of the company’s stock, valued at $1,127,519.82. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 17,304 shares of company stock valued at $1,413,638. 3.41% of the stock is owned by insiders.
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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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