Equities researchers at Oppenheimer initiated coverage on shares of Verisk Analytics (NASDAQ:VRSK) in a research report issued on Thursday, Analyst Ratings News reports. The firm set an “outperform” rating on the stock.
In other Verisk Analytics news, SVP Vincent De Mccarthy sold 1,250 shares of the stock on the open market in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $64.82, for a total value of $81,025.00. Following the sale, the senior vice president now directly owns 20,423 shares of the company’s stock, valued at approximately $1,323,819. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Verisk Analytics (NASDAQ:VRSK) traded down 0.25% during mid-day trading on Thursday, hitting $65.10. 975,012 shares of the company’s stock traded hands. Verisk Analytics has a one year low of $48.80 and a one year high of $69.09. The stock has a 50-day moving average of $65.67 and a 200-day moving average of $63.0. The company has a market cap of $10.952 billion and a P/E ratio of 31.22.
Verisk Analytics (NASDAQ:VRSK) last announced its earnings results on Wednesday, November 6th. The company reported $0.62 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.60 by $0.02. The company had revenue of $438.56 million for the quarter, compared to the consensus estimate of $444.78 million. During the same quarter in the prior year, the company posted $0.54 earnings per share. The company’s quarterly revenue was up 10.0% on a year-over-year basis. Analysts expect that Verisk Analytics will post $2.25 EPS for the current fiscal year.
Other equities research analysts have also recently issued reports about the stock. Analysts at Robert W. Baird initiated coverage on shares of Verisk Analytics in a research note to investors on Thursday. They set an “outperform” rating on the stock. Separately, analysts at Zacks downgraded shares of Verisk Analytics from a “neutral” rating to an “underperform” rating in a research note to investors on Thursday, November 14th. They now have a $61.40 price target on the stock. Finally, analysts at Evercore Partners raised their price target on shares of Verisk Analytics from $59.00 to $62.00 in a research note to investors on Thursday, November 7th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and ten have issued a buy rating to the company’s stock. Verisk Analytics has an average rating of “Buy” and a consensus target price of $65.52.
Verisk Analytics, Inc (NASDAQ:VRSK) is a provider of information about risk to professionals in insurance, healthcare, mortgage, government, supply chain, and risk management.
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