Verisk Analytics (VRSK) Issues Quarterly Earnings Results, Beats Estimates By $0.56 EPS
Verisk Analytics (NASDAQ:VRSK) posted its quarterly earnings results on Tuesday, February 20th. The business services provider reported $1.34 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.78 by $0.56, Bloomberg Earnings reports. The firm had revenue of $570.30 million for the quarter, compared to analyst estimates of $557.09 million. Verisk Analytics had a net margin of 25.88% and a return on equity of 33.58%. The firm’s quarterly revenue was up 12.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.80 earnings per share.
Shares of Verisk Analytics (VRSK) opened at $104.26 on Friday. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.45 and a current ratio of 0.45. The firm has a market cap of $17,241.35, a P/E ratio of 31.59, a P/E/G ratio of 2.40 and a beta of 0.71. Verisk Analytics has a 12 month low of $75.60 and a 12 month high of $106.07.
VRSK has been the subject of several analyst reports. BidaskClub lowered shares of Verisk Analytics from a “buy” rating to a “hold” rating in a research note on Thursday, January 11th. BMO Capital Markets reaffirmed a “market perform” rating and issued a $102.00 price objective (up previously from $100.00) on shares of Verisk Analytics in a research note on Thursday, February 22nd. Keefe, Bruyette & Woods set a $101.00 target price on shares of Verisk Analytics and gave the stock a “buy” rating in a report on Friday, December 1st. Wells Fargo & Co reiterated an “outperform” rating and issued a $115.00 target price (up previously from $105.00) on shares of Verisk Analytics in a report on Thursday, February 22nd. Finally, SunTrust Banks boosted their price objective on shares of Verisk Analytics to $105.00 and gave the stock a “hold” rating in a report on Thursday, February 22nd. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $103.07.
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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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