Verisk Analytics Inc (VRSK) shares projected to rise by -10.66%

Verisk Analytics Inc [VRSK] stock is trading at $270.32, up 0.83%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The VRSK shares have gain 3.08% over the last week, with a monthly amount glided 7.48%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

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 [VRSK] stock has fluctuated between $215.32 and $270.38 over the past year. Currently, Wall Street analysts expect the stock to reach $241.5 within the next 12 months. Verisk Analytics Inc [NASDAQ: VRSK] shares were valued at $270.32 at the most recent close of the market. An investor can expect a potential drop of -10.66% based on the average VRSK price forecast.

Analyzing the VRSK fundamentals

Verisk Analytics Inc [NASDAQ:VRSK] reported sales of 2.73B for the trailing twelve months, which represents a growth of 8.04%. 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 268.23 points at the first support level, and at 266.14 for the second support level. However, for the 1st resistance point, the stock is sitting at 271.56, and for the 2nd resistance point, it is at 272.80.

Ratios To Look Out For

For context, Verisk Analytics Inc’s Current Ratio is 1.09. Further, the Quick Ratio stands at 1.09, while the Cash Ratio is 0.38. Considering the valuation of this stock, the price to sales ratio is 14.11, the price to book ratio is 136.77 and price to earnings (TTM) ratio is 50.42.

Transactions by insiders

Recent insider trading involved Mann Elizabeth, Chief Financial Officer, that happened on Jun 17 ’24 when 200.0 shares were sold. Chief Executive Officer, Shavel Lee completed a deal on May 16 ’24 to sell 1000.0 shares. Meanwhile, Chief Executive Officer Shavel Lee sold 1000.0 shares on May 15 ’24.

Related Posts