The stock of Verisk Analytics Inc. (NASDAQ:VRSK) increased by $1.58 on Friday to finish at $234.67, up 0.68 percent. The last five days have seen an average of 779,200 shares of common stock traded. 43 times new highs were reached in the current year, with a gain of $58.25. The average number of shares traded over the last 20 days was 1,137,600, while the average volume over the last 50 days totaled 1,190,340.
VRSK stock appreciated 3.56% since last month. On 07/14/23, the company’s shares reached a one-month low of $225.50. The stock touched a high of $238.82 on 07/27/23, after rallying from a low of $162.94 in 52 weeks. The price of VRSK stock has risen by 33.02% or $58.25 this year, reaching a new high 43 times. Still, the stock price is down -1.74% from the 52-week high.
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Insider Transactions
VRSK stock investors should be aware that Verisk Analytics Inc. (VRSK) stock had its last reported insider trading activity 6 days ago on Aug 08. On Aug 08, Director Vaughan Therese M sold 6,129 shares at $233.02 each. This transaction resulted in the insider making $1,428,180. On Jul 12, Daffan Nicholas sold 1,564 shares at a price of US$227.75. After the transaction, the insider now owns 41,607 shares. Chief Legal Officer Beckles Kathy Card had earlier sold 396 shares on Jul 05 for $222.13 a share. The transaction was completed for $87,963.
Valuation Metrics
Verisk Analytics Inc. (VRSK) has a trailing price-to-earnings (P/E) ratio of 48.64. Beta for the stock is 0.83. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 14.69, the price-to-book (PB) ratio of 115.60, and the price-to-cash flow ratio of 41.10.
Company paid $0.34 per share in dividends, remained unchanged from $0.34 last year.
Financial Health
For the three months ended June 29, Verisk Analytics Inc.’s quick ratio was 1.10, while its current ratio was 1.10, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 9.67, and the total debt to equity ratio is 9.68. As far as profitability goes, gross margin for the trailing twelve months is 68.20% percent. Verisk Analytics Inc.’s EBITDA margin for the year ended June 29 was 50.85%, whereas its operating margin stood at 47.60% for the same period. Based on annual data, it had gross profit of $1.67 billion and revenue of $2.5 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. VRSK’s return on assets (ROA) during the last 12 months has been 9.00%. There was a 21.60% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 49.10%.
Earnings Surprise
According to Verisk Analytics Inc.’s quarterly financial report for the quarter that ended June 29. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $675.0 million, while revenues fell by -10.56% to $651.6 million. It was predicted that Verisk Analytics Inc.’s quarterly earnings would be $1.51, but it ended up being $1.41, beating the consensus by 7.10%. EBITDA was $371.8 million for the quarter. At the end of Verisk Analytics Inc.’s most recent quarter ended June 29, its liabilities totaled 4.01 billion, while its total debt was $3.08 billion. Equity owned by shareholders amounts to $145.03 million.
Technical Picture
Here’s a quick look at Verisk Analytics Inc.’s (VRSK) price momentum from a technical perspective. As of 11 August, the RSI 9-day stood at 58.91%, suggesting the stock is Neutral, with a 14.03% historical volatility rate.
The stochastic %K and %D were 65.23% and 61.98% respectively, while the average true range (ATR) was 4.19. Based on the 14-day stochastic reading of 68.34%, the RSI (14) reading is 58.69%. On the 9-day MACD Oscillator, the stock is at 1.97, and the 14-day reading is at 1.61.
Analyst Ratings
In its most recent analyst report, BofA Securities raised its rating on Verisk Analytics Inc. (NASDAQ: VRSK) to a Buy. Prior to this, analysts firm rated the stock as an Underperform. Analysts have assigned Verisk Analytics Inc. (VRSK) an Overweight rating. VRSK is a stock that is recommended for selling by 0 brokerage firms, while 7 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 4 rates it overweight and 8 others recommend it as a buy.
What is VRSK’s price target for the next 12 months?
The current consensus forecast for the stock is between $215.00 and $275.00, with a median target price of $250.00. In analyzing these forecasts, the average price target given by analysts for Verisk Analytics Inc. (VRSK) is $247.64.
