Wells Fargo initiated coverage on Verisk Analytics with a new price target
$VRSK
EDP Services
Technology
Wells Fargo initiated coverage of Verisk Analytics with a rating of Equal Weight and set a new price target of $230.00
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/2/2024 | $279.00 | In-line | Evercore ISI |
| 8/13/2024 | $305.00 | Overweight | Wells Fargo |
| 1/8/2024 | $270.00 → $260.00 | Buy → Neutral | BofA Securities |
| 12/8/2023 | $252.00 → $253.00 | Buy → Hold | Deutsche Bank |
| 10/30/2023 | $230.00 | Equal Weight | Wells Fargo |
| 10/16/2023 | Buy → Hold | Jefferies | |
| 9/14/2023 | $288.00 | Buy | Argus |
| 5/4/2023 | $167.00 → $243.00 | Underperform → Buy | BofA Securities |
Consolidated revenues were $725 million, up 7.0%, and up 6.8% on an organic constant currency (OCC) basis for the third quarter of 2024.Income from continuing operations was $220 million, up 17.4% for the third quarter of 2024. Adjusted EBITDA, a non-GAAP measure, was $401 million, up 9.4%, and up 7.2% on an OCC basis. Diluted GAAP earnings per share from continuing operations (diluted EPS) were $1.54 for the third quarter of 2024, up 19.4%. Diluted adjusted earnings per share (diluted adjusted EPS), a non-GAAP measure, were $1.67, up 9.9%.Net cash provided by operating activities was $296 million, up 18.4% and free cash flow, a non-GAAP measure, was $241 million, up 22.9% for the third quar
JERSEY CITY, N.J., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Verisk (NASDAQ:VRSK), a leading global data analytics and technology provider, will report its financial results for the fiscal third quarter ended September 30, 2024, on Wednesday, October 30, 2024, before the market open. The press release, with accompanying financial information, will be posted on the Verisk investor website at http://investor.verisk.com. Verisk's management team will host a live audio webcast to discuss the financial results and business highlights on Wednesday, October 30 at 8:30 a.m. ET. All interested parties are invited to listen to the live event via webcast on the Verisk investor website at http://investor.
Consolidated revenues were $717 million, up 6.2%, and up 6.0% on an organic constant currency (OCC) basis for the second quarter of 2024.Income from continuing operations was $308 million, up 50.7% for the second quarter of 2024. Adjusted EBITDA, a non-GAAP measure, was $397 million, up 8.8%, and up 8.5% on an OCC basis. Diluted GAAP earnings per share from continuing operations (diluted EPS) were $2.15 for the second quarter of 2024, up 52.5%. Diluted adjusted earnings per share (diluted adjusted EPS), a non-GAAP measure, were $1.74, up 15.2%.Net cash provided by operating activities was $212 million, up 9.7% and free cash flow, a non-GAAP measure, was $154 million, up 14.3% for the second
Verisk Analytics (NASDAQ:VRSK) has outperformed the market over the past 10 years by 5.29% on an annualized basis producing an average annual return of 16.21%. Currently, Verisk Analytics has a market capitalization of $39.85 billion. Buying $1000 In VRSK: If an investor had bought $1000 of VRSK stock 10 years ago, it would be worth $4,457.87 today based on a price of $279.33 for VRSK at the time of writing. Verisk Analytics's Performance Over Last 10 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's auto
Beryl formed on the evening of June 28, quickly becoming a hurricane on the 29 and strengthening into a major hurricane the following day. On July 1, Beryl passed through the Windward Islands as a Category 4 hurricane and would go on to become a Category 5 hurricane later that day, the earliest Category 5 hurricane on record in the Atlantic. On the morning of the 2, Beryl reached its peak intensity with 165 mph sustained winds before beginning to slowly weaken later in the day as the storm encountered increasing wind shear.
UBS analyst Alex Kramm maintains Verisk Analytics (NASDAQ:VRSK) with a Neutral and raises the price target from $255 to $285.
Evercore ISI resumed coverage of Verisk Analytics with a rating of In-line and set a new price target of $279.00
Wells Fargo initiated coverage of Verisk Analytics with a rating of Overweight and set a new price target of $305.00
BofA Securities downgraded Verisk Analytics from Buy to Neutral and set a new price target of $260.00 from $270.00 previously
SC 13G/A - Verisk Analytics, Inc. (0001442145) (Subject)
SC 13G/A - Verisk Analytics, Inc. (0001442145) (Subject)
SC 13G/A - Verisk Analytics, Inc. (0001442145) (Subject)
BOSTON, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Lockton Re, a leading global reinsurance broker, has announced a strategic collaboration with Verisk (NASDAQ:VRSK), a leading global data analytics and technology provider, to bring new (re)insurance products to the market. Lockton Re will use Verisk's agricultural risk modeling solutions – including Verisk's Multiple Peril Crop Insurance (MPCI) and Crop Hail Model for the U.S. – to understand how climate change and meteorological factors are impacting crop production and potential insured losses. Given significant changes to premium rates and commodity rates, simply relying on historical losses to assess today's risk is insufficient for reinsure
JERSEY CITY, N.J., Nov. 19, 2024 (GLOBE NEWSWIRE) -- Verisk (NASDAQ:VRSK), a leading global data analytics and technology provider, today introduced LOCATION® Property Protection Score™ (PPS), which provides insurers with a score that represents fire protection capabilities at the address level. This score supports an insurers' ability to accurately rate and underwrite personal lines homeowners risks. LOCATION PPS builds on Verisk's LOCATION® Public Protection Classification® (PPC), the industry standard for community-based fire protection scoring used by more than 250 insurers. LOCATION PPC tracks the response capabilities of local fire departments across more than 36,000 fire protection
Baron Capital held its 31st Annual Baron Investment Conference today at the Metropolitan Opera House at Lincoln Center in New York City. Over 5,000 financial professional clients and shareholders of the 19 Baron Funds attended the conference. The conference featured presentations by several CEOs of long-time holdings of Baron Funds; updates on the markets and the funds by Baron Capital portfolio managers; a keynote address by Ron Baron, the Chairman, CEO, and Founder of Baron Capital; and a Q&A session with Ron and other senior executives of the Firm. "Our theme for the 31st Annual Baron Investment Conference is ‘building legacy,'" said Ron. "When I founded this Firm in 1982, I did so w
10-Q - Verisk Analytics, Inc. (0001442145) (Filer)
8-K - Verisk Analytics, Inc. (0001442145) (Filer)
10-Q - Verisk Analytics, Inc. (0001442145) (Filer)
4 - Verisk Analytics, Inc. (0001442145) (Issuer)
4 - Verisk Analytics, Inc. (0001442145) (Issuer)
4 - Verisk Analytics, Inc. (0001442145) (Issuer)
Mr. Scannell and Ms. Lane will Add Valuable Medical Technology, Finance and Corporate Governance Experience to Expanded Eight-Member Board Masimo Corporation (NASDAQ:MASI), a leading global medical innovator, today announced the appointments of Timothy J. Scannell and Wendy E. Lane to the Company's Board of Directors (the "Board"), effective immediately. Following these appointments, the Board will consist of eight directors. Quentin Koffey, Lead Independent Director of Masimo, stated, "We are pleased to welcome Tim and Wendy as our newest independent directors. Both are high-caliber professionals who will bring critical perspectives to the Board and possess expertise that closely aligns
Veteran P&C Insurance Analytics Leader Brings Deep Expertise to Guidewire's Board of Directors Guidewire (NYSE:GWRE) today announced that it appointed Mark Anquillare to its Board of Directors effective September 23, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240925715389/en/Mark Anquillare joins Guidewire Software's Board of Directors. (Photo: Business Wire) "We are thrilled to welcome Mark Anquillare to the Guidewire Board of Directors. With Guidewire Cloud Platform now established as the trusted platform used by P&C insurers globally, we are uniquely positioned to further embed data, analytics, and AI throughout ins
Motorola Solutions (NYSE:MSI) today announced that Elizabeth Mann has been appointed to its board of directors, effective Aug. 26, 2024. Mann brings close to 20 years of leadership experience in finance, strategy, data analytics and the technology industry. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240826550494/en/Motorola Solutions appoints Elizabeth Mann to Board of Directors. Photo credit: Motorola Solutions "I'm pleased to welcome Elizabeth to the board, with her proven leadership in finance including risk management, technology and analytics," said Greg Brown, chairman and CEO, Motorola Solutions. "Her extensive global
4 - Verisk Analytics, Inc. (0001442145) (Issuer)