Verisk Analytics (NASDAQ:VRSK) Reaches New 12-Month Low - Should You Sell?

Key Points

• Verisk Analytics' stock reached a new 52-week low of $258.77 during trading, reflecting a decline of 2.7% on the day.
• Despite the recent drop, the company showed positive quarterly results with EPS of $1.88, beating expectations and experiencing a revenue increase of 7.8% compared to the previous year.
• The stock has a consensus rating of "Hold" from analysts, with a price target averaging $306.91, indicating potential for rebound despite current trading lows.

Verisk Analytics, Inc. (NASDAQ:VRSK - Get Free Report) shares reached a new 52-week low during mid-day trading on Monday . The company traded as low as $258.77 and last traded at $258.79, with a volume of 232352 shares traded. The stock had previously closed at $261.75.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on VRSK shares. Raymond James Financial set a $315.00 price target on shares of Verisk Analytics and gave the stock an "outperform" rating in a research report on Monday, August 4th. Morgan Stanley raised their price target on shares of Verisk Analytics from $317.00 to $319.00 and gave the stock an "equal weight" rating in a research report on Thursday, July 31st. UBS Group cut their target price on shares of Verisk Analytics from $320.00 to $300.00 and set a "neutral" rating for the company in a report on Thursday, July 31st. Finally, Wolfe Research assumed coverage on shares of Verisk Analytics in a report on Wednesday, September 3rd. They set an "outperform" rating and a $320.00 target price for the company. Five research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $306.91.

Verisk Analytics Stock Down 2.7%

The business's 50 day moving average is $279.01 and its 200-day moving average is $292.95. The stock has a market cap of $35.64 billion, a price-to-earnings ratio of 39.30, a PEG ratio of 3.72 and a beta of 0.86. The company has a debt-to-equity ratio of 10.34, a quick ratio of 1.53 and a current ratio of 1.53.

Verisk Analytics (NASDAQ:VRSK - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The business services provider reported $1.88 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.77 by $0.11. Verisk Analytics had a net margin of 30.67% and a return on equity of 460.89%. The firm had revenue of $772.60 million for the quarter, compared to analysts' expectations of $767.91 million. During the same quarter last year, the company earned $1.74 EPS. The firm's revenue for the quarter was up 7.8% compared to the same quarter last year. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. On average, sell-side analysts predict that Verisk Analytics, Inc. will post 6.63 EPS for the current fiscal year.

Verisk Analytics Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be paid a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Monday, September 15th. Verisk Analytics's payout ratio is 27.73%.

Insider Activity at Verisk Analytics

In other Verisk Analytics news, insider Nicholas Daffan sold 5,420 shares of Verisk Analytics stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $265.00, for a total transaction of $1,436,300.00. Following the sale, the insider owned 54,337 shares of the company's stock, valued at $14,399,305. The trade was a 9.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Lee Shavel sold 1,100 shares of Verisk Analytics stock in a transaction on Monday, August 18th. The stock was sold at an average price of $268.01, for a total transaction of $294,811.00. Following the sale, the chief executive officer directly owned 78,907 shares in the company, valued at approximately $21,147,865.07. This trade represents a 1.37% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 13,965 shares of company stock worth $3,925,916 over the last 90 days. Corporate insiders own 0.46% of the company's stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Louisbourg Investments Inc. acquired a new position in shares of Verisk Analytics during the 1st quarter valued at about $25,000. AlphaCore Capital LLC acquired a new position in shares of Verisk Analytics during the 2nd quarter valued at about $27,000. Osterweis Capital Management Inc. acquired a new position in shares of Verisk Analytics during the 2nd quarter valued at about $28,000. Spurstone Advisory Services LLC acquired a new position in shares of Verisk Analytics during the 2nd quarter valued at about $29,000. Finally, NewSquare Capital LLC boosted its position in shares of Verisk Analytics by 69.0% during the 2nd quarter. NewSquare Capital LLC now owns 98 shares of the business services provider's stock valued at $31,000 after acquiring an additional 40 shares during the last quarter. Institutional investors and hedge funds own 90.00% of the company's stock.

Verisk Analytics Company Profile

Verisk Analytics, Inc provides data analytics and technology solutions to the insurance markets in the United States and internationally. It offers policy language, prospective loss costs, policy writing and rating rules, and various underwriting solutions for risk selection and segmentation, pricing, and workflow optimization; property- and auto- specific rating and underwriting information solutions that allows clients to understand, quantify, underwrite, mitigate, and avoid potential loss for risks; catastrophe modeling solutions, which enables companies to identify, quantify, and plan for the financial consequences of catastrophes for use by insurers, reinsurers, intermediaries, financial institutions, and governments.

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