Verisk Analytics Inc (VRSK) stock price forecast predicts $235.7 value

A share price of Verisk Analytics Inc [VRSK] is currently trading at $253.64, up 0.85%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The VRSK shares have gain 2.34% over the last week, with a monthly amount glided 14.12%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Verisk Analytics Inc [NASDAQ: VRSK] stock has seen the most recent analyst activity on January 08, 2024, when BofA Securities downgraded its rating to a Neutral and also revised its price target to $260 from $270. Previously, Deutsche Bank downgraded its rating to Hold on December 08, 2023, and elevated its price target to $253. On October 30, 2023, Wells Fargo initiated with a Equal Weight rating and assigned a price target of $230 on the stock. Jefferies downgraded its rating to a Hold. Argus initiated its recommendation with a Buy and recommended $288 as its price target on September 14, 2023. BofA Securities upgraded its rating to Buy for this stock on May 04, 2023, and upped its price target to $243. In a note dated March 20, 2023, Redburn upgraded an Neutral rating on this stock.

Verisk Analytics Inc experienced fluctuations in its stock price throughout the past year between $214.67 and $253.21. Currently, Wall Street analysts expect the stock to reach $235.7 within the next 12 months. Verisk Analytics Inc [NASDAQ: VRSK] shares were valued at $253.64 at the most recent close of the market. An investor can expect a potential drop of -7.07% based on the average VRSK price forecast.

Analyzing the VRSK fundamentals

Trailing Twelve Months sales for Verisk Analytics Inc [NASDAQ:VRSK] were 2.73B which represents 8.04% growth. Gross Profit Margin for this corporation currently stands at 0.65% with Operating Profit Margin at 0.42%, Pretax Profit Margin comes in at 0.38%, and Net Profit Margin reading is 0.28%. To continue investigating profitability, this company’s Return on Assets is posted at 0.17, Equity is 2.45 and Total Capital is 0.32. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 10.19.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 251.41 points at the first support level, and at 249.17 for the second support level. However, for the 1st resistance point, the stock is sitting at 254.98, and for the 2nd resistance point, it is at 256.31.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Verisk Analytics Inc [NASDAQ:VRSK] is 1.09. As well, the Quick Ratio is 1.09, while the Cash Ratio is 0.38. Considering the valuation of this stock, the price to sales ratio is 13.24, the price to book ratio is 128.33 and price to earnings (TTM) ratio is 47.31.

Transactions by insiders

Recent insider trading involved Shavel Lee, Chief Executive Officer, that happened on May 16 ’24 when 1000.0 shares were sold. Chief Executive Officer, Shavel Lee completed a deal on May 15 ’24 to sell 1000.0 shares. Meanwhile, Chief Financial Officer Mann Elizabeth sold 200.0 shares on May 15 ’24.

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