Weiss Ratings Reiterates Buy (B-) Rating for Verisk Analytics (NASDAQ:VRSK)

Key Points

• Weiss Ratings has reaffirmed a "buy (B-)" rating for Verisk Analytics (NASDAQ: VRSK), while various other analysts have adjusted their price targets for the stock, with UBS lowering it from $320.00 to $300.00.
• Verisk Analytics' stock is currently trading at $243.48, down by 1.1%, with a market capitalization of $34.02 billion and a price-to-earnings ratio of 37.52.
• The company reported earnings of $1.88 per share for the last quarter, surpassing expectations, and has set a fiscal year 2025 guidance of $6.800-7.000 EPS.

Verisk Analytics (NASDAQ:VRSK - Get Free Report)'s stock had its "buy (b-)" rating reissued by stock analysts at Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.

A number of other analysts also recently issued reports on the company. UBS Group decreased their price target on Verisk Analytics from $320.00 to $300.00 and set a "neutral" rating for the company in a report on Thursday, July 31st. Wells Fargo & Company cut their target price on Verisk Analytics from $340.00 to $334.00 and set an "overweight" rating on the stock in a research report on Wednesday, September 17th. Raymond James Financial set a $315.00 target price on Verisk Analytics and gave the stock an "outperform" rating in a research report on Monday, August 4th. Seaport Res Ptn upgraded Verisk Analytics to a "strong-buy" rating in a research report on Wednesday, October 1st. Finally, Wolfe Research initiated coverage on Verisk Analytics in a research report on Wednesday, September 3rd. They set an "outperform" rating and a $320.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $311.00.

Verisk Analytics Stock Down 1.1%

NASDAQ:VRSK traded down $2.61 during midday trading on Wednesday, reaching $243.48. The company had a trading volume of 1,000,969 shares, compared to its average volume of 953,806. The firm has a market capitalization of $34.02 billion, a price-to-earnings ratio of 37.52, a PEG ratio of 3.47 and a beta of 0.85. The stock's fifty day simple moving average is $260.93 and its 200-day simple moving average is $287.55. Verisk Analytics has a 12-month low of $239.83 and a 12-month high of $322.92. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 10.34.

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

Insiders Place Their Bets

In other Verisk Analytics news, CEO Lee Shavel sold 1,100 shares of the business's stock in a transaction that occurred 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 transaction, the chief executive officer owned 78,907 shares in the company, valued at approximately $21,147,865.07. The trade was a 1.37% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Christopher John Perry purchased 1,000 shares of the stock in a transaction that occurred on Wednesday, August 13th. The stock was purchased at an average price of $259.80 per share, for a total transaction of $259,800.00. Following the acquisition, the director owned 1,773 shares in the company, valued at approximately $460,625.40. This trade represents a 129.37% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last 90 days, insiders have sold 8,520 shares of company stock worth $2,273,891. Company insiders own 0.46% of the company's stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Louisbourg Investments Inc. purchased a new position in shares of Verisk Analytics during the 1st quarter worth $25,000. AlphaCore Capital LLC purchased a new position in shares of Verisk Analytics in the 2nd quarter worth $27,000. Osterweis Capital Management Inc. purchased a new position in shares of Verisk Analytics in the 2nd quarter worth $28,000. Spurstone Advisory Services LLC purchased a new position in shares of Verisk Analytics in the 2nd quarter worth $29,000. Finally, NewSquare Capital LLC raised its position in shares of Verisk Analytics by 69.0% in the 2nd quarter. NewSquare Capital LLC now owns 98 shares of the business services provider's stock worth $31,000 after buying an additional 40 shares during the period. Hedge funds and other institutional investors 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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