The stock price of Verisk Analytics Inc (NASDAQ: VRSK) has plunged by -0.04 when compared to previous closing price of 222.18, but the company has seen a -3.17% decline in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-11 that Verisk (VRSK) gains from Rocket Enterprise Solutions’ acquisition and strong customer relationships amid data theft susceptibility.
Is It Worth Investing in Verisk Analytics Inc (NASDAQ: VRSK) Right Now?
Verisk Analytics Inc (NASDAQ: VRSK) has a higher price-to-earnings ratio of 52.82x compared to its average ratio, The 36-month beta value for VRSK is at 0.78. Analysts have varying views on the stock, with 5 analysts rating it as a “buy,” 4 rating it as “overweight,” 10 as “hold,” and 1 as “sell.”
The public float for VRSK is 142.32M, and currently, shorts hold a 1.54% of that float. The average trading volume for VRSK on April 17, 2024 was 882.95K shares.
VRSK’s Market Performance
VRSK’s stock has seen a -3.17% decrease for the week, with a -5.30% drop in the past month and a -6.30% fall in the past quarter. The volatility ratio for the week is 1.60%, and the volatility levels for the past 30 days are at 1.43% for Verisk Analytics Inc The simple moving average for the past 20 days is -3.70% for VRSK’s stock, with a -6.21% simple moving average for the past 200 days.
Analysts’ Opinion of VRSK
Many brokerage firms have already submitted their reports for VRSK stocks, with BofA Securities repeating the rating for VRSK by listing it as a “Neutral.” The predicted price for VRSK in the upcoming period, according to BofA Securities is $260 based on the research report published on January 08, 2024 of the current year 2024.
Deutsche Bank, on the other hand, stated in their research note that they expect to see VRSK reach a price target of $253, previously predicting the price at $252. The rating they have provided for VRSK stocks is “Hold” according to the report published on December 08th, 2023.
Wells Fargo gave a rating of “Equal Weight” to VRSK, setting the target price at $230 in the report published on October 30th of the previous year.
VRSK Trading at -6.55% from the 50-Day Moving Average
After a stumble in the market that brought VRSK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -11.86% of loss for the given period.
Volatility was left at 1.43%, however, over the last 30 days, the volatility rate increased by 1.60%, as shares sank -5.78% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.36% lower at present.
During the last 5 trading sessions, VRSK fell by -3.17%, which changed the moving average for the period of 200-days by -0.52% in comparison to the 20-day moving average, which settled at $229.96. In addition, Verisk Analytics Inc saw -7.02% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at VRSK starting from Daffan Nicholas, who sale 1,554 shares at the price of $222.93 back on Apr 12 ’24. After this action, Daffan Nicholas now owns 51,715 shares of Verisk Analytics Inc, valued at $346,433 using the latest closing price.
Grover David J., the Chief Accounting Officer of Verisk Analytics Inc, sale 6,481 shares at $233.06 during a trade that took place back on Mar 27 ’24, which means that Grover David J. is holding 12,140 shares at $1,510,462 based on the most recent closing price.
Stock Fundamentals for VRSK
Current profitability levels for the company are sitting at:
- 0.42 for the present operating margin
- 0.67 for the gross margin
The net margin for Verisk Analytics Inc stands at 0.28. The total capital return value is set at 0.31. Equity return is now at value 74.65, with 13.57 for asset returns.
Based on Verisk Analytics Inc (VRSK), the company’s capital structure generated 0.91 points at debt to capital in total, while cash flow to debt ratio is standing at 0.34. The debt to equity ratio resting at 9.99. The interest coverage ratio of the stock is 9.8.
Currently, EBITDA for the company is 1.41 billion with net debt to EBITDA at 1.98. When we switch over and look at the enterprise to sales, we see a ratio of 12.92. The receivables turnover for the company is 7.5for trailing twelve months and the total asset turnover is 0.61. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.05.
Conclusion
In conclusion, Verisk Analytics Inc (VRSK) has had a bad performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
