Verisk Analytics, Inc. Forecasted to Post FY2019 Earnings of $4.36 Per Share (VRSK)

Verisk Analytics, Inc. (NASDAQ:VRSK) – Investment analysts at William Blair reduced their FY2019 earnings per share estimates for Verisk Analytics in a report released on Wednesday, May 1st. William Blair analyst T. Mchugh now anticipates that the business services provider will earn $4.36 per share for the year, down from their prior estimate of $4.39. William Blair also issued estimates for Verisk Analytics’ Q4 2019 earnings at $1.17 EPS, Q2 2020 earnings at $1.17 EPS, Q3 2020 earnings at $1.19 EPS, Q4 2020 earnings at $1.27 EPS and FY2020 earnings at $4.75 EPS.

Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings results on Tuesday, April 30th. The business services provider reported $1.03 EPS for the quarter, hitting the Zacks’ consensus estimate of $1.03. The firm had revenue of $625.00 million for the quarter, compared to analyst estimates of $618.14 million. Verisk Analytics had a net margin of 24.60% and a return on equity of 33.36%. The business’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.94 EPS.

A number of other equities analysts have also commented on the stock. Barclays reissued a “buy” rating and issued a $155.00 price target on shares of Verisk Analytics in a report on Sunday. Morgan Stanley set a $132.00 price objective on shares of Verisk Analytics and gave the company a “hold” rating in a research note on Thursday. SunTrust Banks upped their price objective on shares of Verisk Analytics to $150.00 and gave the company a “hold” rating in a research note on Thursday. They noted that the move was a valuation call. UBS Group upped their price objective on shares of Verisk Analytics from $111.00 to $119.00 and gave the company a “sell” rating in a research note on Thursday. Finally, Zacks Investment Research cut shares of Verisk Analytics from a “hold” rating to a “sell” rating in a research note on Saturday, April 27th. Two research analysts have rated the stock with a sell rating, six have given a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $130.00.

Shares of NASDAQ:VRSK traded up $2.86 during trading on Friday, reaching $143.21. The company had a trading volume of 514,036 shares, compared to its average volume of 575,380. The firm has a market capitalization of $23.44 billion, a price-to-earnings ratio of 34.84, a PEG ratio of 3.17 and a beta of 0.80. Verisk Analytics has a 12 month low of $100.26 and a 12 month high of $143.27. The company has a debt-to-equity ratio of 1.13, a current ratio of 0.69 and a quick ratio of 0.49.

The firm also recently disclosed a special dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 14th will be paid a $0.25 dividend. The ex-dividend date is Thursday, June 13th. Verisk Analytics’s dividend payout ratio (DPR) is 6.08%.

In other Verisk Analytics news, Director Andrew G. Mills sold 3,000 shares of the stock in a transaction on Tuesday, March 19th. The shares were sold at an average price of $128.82, for a total transaction of $386,460.00. Following the completion of the sale, the director now owns 66,605 shares of the company’s stock, valued at approximately $8,580,056.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Vincent De P. Mccarthy sold 3,090 shares of the stock in a transaction on Tuesday, February 19th. The shares were sold at an average price of $124.92, for a total transaction of $386,002.80. Following the sale, the insider now directly owns 37,127 shares of the company’s stock, valued at approximately $4,637,904.84. The disclosure for this sale can be found here. Insiders sold a total of 35,139 shares of company stock valued at $4,461,097 in the last ninety days. 2.71% of the stock is owned by corporate insiders.

Institutional investors and hedge funds have recently made changes to their positions in the business. Ropes Wealth Advisors LLC purchased a new stake in Verisk Analytics during the 1st quarter valued at $39,000. Executive Wealth Management LLC purchased a new stake in Verisk Analytics during the 4th quarter valued at $33,000. Bollard Group LLC purchased a new stake in Verisk Analytics during the 4th quarter valued at $33,000. Lavaca Capital LLC boosted its position in Verisk Analytics by 789.5% during the 1st quarter. Lavaca Capital LLC now owns 338 shares of the business services provider’s stock valued at $45,000 after buying an additional 300 shares during the period. Finally, Csenge Advisory Group purchased a new stake in Verisk Analytics during the 3rd quarter valued at $45,000. 92.76% of the stock is owned by institutional investors and hedge funds.

About Verisk Analytics

Verisk Analytics, Inc provides data analytics solutions in the United States and internationally. It provides predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, natural resources intelligence, economic forecasting, and various other fields.

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

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