Verisk Analytics (NASDAQ:VRSK – Get Free Report) is set to post its quarterly earnings results before the market opens on Wednesday, July 31st. Analysts expect Verisk Analytics to post earnings of $1.63 per share for the quarter. Verisk Analytics has set its FY24 guidance at $6.30-6.60 EPS and its FY 2024 guidance at 6.300-6.600 EPS.Individual interested in listening to the company’s earnings conference call can do so using this link.
Verisk Analytics (NASDAQ:VRSK – Get Free Report) last posted its quarterly earnings results on Wednesday, May 1st. The business services provider reported $1.63 EPS for the quarter, beating the consensus estimate of $1.52 by $0.11. The business had revenue of $704.00 million during the quarter, compared to analysts’ expectations of $699.07 million. Verisk Analytics had a return on equity of 268.19% and a net margin of 28.45%. The company’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same period last year, the firm earned $1.29 EPS. On average, analysts expect Verisk Analytics to post $7 EPS for the current fiscal year and $7 EPS for the next fiscal year.
Verisk Analytics Stock Up 1.4 %
VRSK opened at $283.78 on Tuesday. The company has a debt-to-equity ratio of 9.94, a current ratio of 1.09 and a quick ratio of 1.09. The business has a 50 day simple moving average of $267.55 and a 200-day simple moving average of $248.12. The stock has a market capitalization of $40.49 billion, a P/E ratio of 52.94, a P/E/G ratio of 3.48 and a beta of 0.84. Verisk Analytics has a 12 month low of $215.32 and a 12 month high of $284.74.
Insider Transactions at Verisk Analytics
Wall Street Analyst Weigh In
Several equities analysts recently weighed in on VRSK shares. Evercore ISI raised their price objective on Verisk Analytics from $250.00 to $260.00 and gave the company an “in-line” rating in a research note on Tuesday, June 25th. BMO Capital Markets raised their price objective on Verisk Analytics from $238.00 to $241.00 and gave the company a “market perform” rating in a research note on Thursday, May 2nd. Finally, UBS Group raised their price objective on Verisk Analytics from $255.00 to $285.00 and gave the company a “neutral” rating in a research note on Tuesday, July 9th. Nine equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, Verisk Analytics currently has an average rating of “Hold” and an average price target of $258.54.
View Our Latest Stock Analysis on VRSK
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.
See Also
- Five stocks we like better than Verisk Analytics
- Why Invest in High-Yield Dividend Stocks?
- Survey: Top 175 Fittest Retirement Locations in America
- 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion
- Kimberly-Clark Stock Dips and a Buying Opportunity Emerges
- Breakout Stocks: What They Are and How to Identify Them
- Leading Gold Stock Shines With Q2 2024 Earnings Release
Receive News & Ratings for Verisk Analytics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Verisk Analytics and related companies with MarketBeat.com's FREE daily email newsletter.