Verisk Analytics (VRSK) Earning Somewhat Favorable Press Coverage, Report Shows
News articles about Verisk Analytics (NASDAQ:VRSK) have trended somewhat positive recently, Accern reports. The research firm identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Verisk Analytics earned a news sentiment score of 0.22 on Accern’s scale. Accern also gave headlines about the business services provider an impact score of 46.4311227968425 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Shares of Verisk Analytics (VRSK) opened at 82.31 on Friday. The firm’s 50-day moving average price is $81.49 and its 200 day moving average price is $81.67. The stock has a market capitalization of $13.54 billion, a P/E ratio of 29.92 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 issued its quarterly earnings results on Tuesday, August 1st. The business services provider reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.77 by $0.05. The business had revenue of $523.20 million for the quarter, compared to the consensus estimate of $519.67 million. Verisk Analytics had a return on equity of 38.43% and a net margin of 22.99%. The business’s quarterly revenue was up 5.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.73 earnings per share. Analysts expect that Verisk Analytics will post $3.14 earnings per share for the current year.
Several analysts recently weighed in on the company. Morgan Stanley restated 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. Zacks Investment Research upgraded Verisk Analytics from a “sell” rating to a “hold” rating in a research note on Thursday, July 13th. BMO Capital Markets increased their target price on Verisk Analytics from $81.00 to $83.00 and gave the company a “market perform” rating in a research note on Friday, July 14th. UBS AG reiterated a “sell” rating and set a $75.00 target price (up from $71.00) on shares of Verisk Analytics in a research note on Friday, July 14th. Finally, Credit Suisse Group reiterated a “neutral” rating and set a $85.00 target price (up from $80.00) on shares of Verisk Analytics in a research note on Thursday, August 3rd. One investment 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. The company has an average rating of “Hold” and a consensus price target of $85.38.
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In other news, Director Christopher M. Foskett sold 1,304 shares of the business’s stock in a transaction on Tuesday, August 8th. The shares were sold at an average price of $82.46, for a total transaction of $107,527.84. Following the sale, the director now directly owns 9,989 shares of the company’s stock, valued at $823,692.94. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director David B. Wright sold 10,000 shares of the business’s stock in a transaction 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 sale, the director now directly owns 13,951 shares in the company, valued at $1,127,519.82. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 14,304 shares of company stock worth $1,163,228. Insiders own 3.41% 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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