As of Friday close, Verisk Analytics Inc.’s (NASDAQ:VRSK) stock was up $0.26, moving up 0.11 percent to $230.94. The average number of shares traded per day over the past five days has been 761,520 shares. 2 times new highs have been achieved over the past 5 days, with a -$3.73 fall in that time frame. In the last twenty days, the average volume was 982,025, while in the previous 50 days, it was 1,168,846.
Since last month, VRSK stock rose 0.03%. Shares of the company fell to $225.71 on 08/02/23, the lowest level in the past month. A 52-week high of $238.82 was reached on 07/27/23 after having rallying from a 52-week low of $162.94. Since the beginning of this year, VRSK’s stock price has risen by 30.90% or $54.52, and marked a new high 43 times. However, the stock has declined by -3.30% since its 52-week high.
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VRSK stock investors should be aware that Verisk Analytics Inc. (VRSK) stock had its last reported insider trading activity 5 days ago on Aug 14. Daffan Nicholas, the Chief Information Officer of the company, disposed of 1,532 shares for $235.12 on Aug 14. It resulted in a $360,204 divestment by the insider. Vaughan Therese M sold 6,129 shares at an average price of $233.02 on Aug 08. The insider now owns 27,179 shares following the transaction. On Jul 12, Chief Information Officer Daffan Nicholas sold 1,564 shares at $227.75 apiece. The transaction was valued at $356,201.
Valuation Metrics
Right now, Verisk Analytics Inc. (VRSK) has a P/E ratio of about 47.86. The stock’s beta is 0.83. Besides these, the trailing price-to-sales (P/S) ratio of 14.45, the price-to-book (PB) ratio of 113.76, and the price-to-cash flow ratio of 40.45 may also be considered.
The latest dividend of $0.34 per share was paid out, remained unchanged from last year’s $0.34.
Financial Health
In the three months ended June 30, Verisk Analytics Inc.’s quick ratio stood at 1.10, while its current ratio was 1.10, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 30 was 9.67, and the total debt-to-equity ratio was 9.68. On the profitability front, the trailing twelve-month gross margin is 68.20% percent. In the year ended June 30, EBITDA margin amounted to 50.85%, whereas operating margins totaled 47.60%. Based on annual data, VRSK earned $1.67 billion in gross profit and brought in $2.5 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 21.60%. Return on equity (ROE) for the past 12 months was 49.10%.
In Verisk Analytics Inc.’s quarter-end financial report for June 30, it reported total debt of $2.84 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. VRSK’s revenue fell -10.56% to $651.6 million during the quarter, while net income inched up to $675.0 million. While analysts expected Verisk Analytics Inc. to report $1.41 quarterly earnings, the actual figure was $1.51 per share, beating the consensus estimate by 7.10%. During the quarter, the company generated $371.8 million in EBITDA. The liabilities of Verisk Analytics Inc. were 4.01 billion at the end of its most recent quarter ended June 30, and its total debt was $3.08 billion. The value of shareholders’ equity is $145.03 million.
Technical Picture
This quick technical analysis looks at Verisk Analytics Inc.’s (VRSK) price momentum. With a historical volatility rate of 15.37%, the RSI 9-day stood at 44.76% on 18 August.
With respect to its five-day moving average, the current Verisk Analytics Inc. price is down by -1.59% percent or -$3.73. At present, VRSK shares trade -1.35% below its 20-day simple moving average and +24.67% percent above its 100-day simple moving average. However, the stock is currently trading approximately +5.70% above its SMA50 and +26.31% above its SMA200.
Stochastic coefficient K was 56.90% and Stochastic coefficient D was 67.20%, while ATR was 3.84. Given the Stochastic reading of 45.05% for the 14-day period, the RSI (14) reading has been calculated as 49.10%. As of today, the MACD Oscillator reading stands at -1.48, while the 14-day reading stands at -0.51.
Analyst Ratings
BofA Securities upgraded its rating on Verisk Analytics Inc. (NASDAQ: VRSK) to a Buy in a note to investors on May 04, 2023. The analysts firm previously had an Underperform rating on the stock.Verisk Analytics Inc. (VRSK) has been rated Overweight by analysts. According to 0 brokerage firms, VRSK is a sell, and 7 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 4 analysts rate Verisk Analytics Inc. stock as buy, with 7 recommending it as overweight.
With a median target price of $252.00, the current consensus forecast for the stock is $215.00 – $275.00. Based on these forecasts, analysts predict Verisk Analytics Inc. (VRSK) will achieve an average price target of $247.75.
