Fintel reports that on May 11, 2023, RBC Capital maintained coverage of Verisk Analytics (NASDAQ:VRSK) with a Outperform recommendation.
Analyst Price Forecast Suggests 4.09% Upside
As of May 11, 2023, the average one-year price target for Verisk Analytics is 223.23. The forecasts range from a low of 179.78 to a high of $255.15. The average price target represents an increase of 4.09% from its latest reported closing price of 214.47.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Verisk Analytics is 2,667MM, an increase of 6.47%. The projected annual non-GAAP EPS is 5.71.
What is the Fund Sentiment?
There are 1596 funds or institutions reporting positions in Verisk Analytics. This is an increase of 17 owner(s) or 1.08% in the last quarter. Average portfolio weight of all funds dedicated to VRSK is 0.33%, an increase of 9.54%. Total shares owned by institutions decreased in the last three months by 1.02% to 169,862K shares. 
The put/call ratio of VRSK is 0.34, indicating a bullish outlook.
What are Other Shareholders Doing?
Massachusetts Financial Services holds 6,883K shares representing 4.75% ownership of the company. In it’s prior filing, the firm reported owning 7,271K shares, representing a decrease of 5.64%. The firm decreased its portfolio allocation in VRSK by 84.52% over the last quarter.
VTSMX – Vanguard Total Stock Market Index Fund Investor Shares holds 4,753K shares representing 3.28% ownership of the company. In it’s prior filing, the firm reported owning 4,678K shares, representing an increase of 1.59%. The firm decreased its portfolio allocation in VRSK by 2.92% over the last quarter.
Parnassus Investments holds 4,493K shares representing 3.10% ownership of the company. In it’s prior filing, the firm reported owning 5,522K shares, representing a decrease of 22.91%. The firm increased its portfolio allocation in VRSK by 88,166.77% over the last quarter.
Geode Capital Management holds 3,771K shares representing 2.60% ownership of the company. In it’s prior filing, the firm reported owning 3,674K shares, representing an increase of 2.58%. The firm decreased its portfolio allocation in VRSK by 1.81% over the last quarter.
VIMSX – Vanguard Mid-Cap Index Fund Investor Shares holds 3,641K shares representing 2.51% ownership of the company. In it’s prior filing, the firm reported owning 3,616K shares, representing an increase of 0.68%. The firm decreased its portfolio allocation in VRSK by 4.33% over the last quarter.
Verisk Analytics Background Information
(This description is provided by the company.)
Verisk provides predictive analytics and decision-support solutions to customers in the insurance, energy and specialized markets, and financial services industries. More than 70 percent of the FORTUNE 100 relies on the company’s advanced technologies to manage risks, make better decisions and improve operating efficiency. The company’s analytic solutions address insurance underwriting and claims, fraud, regulatory compliance, natural resources, catastrophes, economic forecasting, geopolitical risks, as well as environmental, social, and governance (ESG) matters.
See all Verisk Analytics regulatory filings.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
0 Comments :
Post a Comment