Verisk Analytics (VRSK) has been showing significant momentum across a swath of market assessments. From exhibiting strong trading performances to awe-inspiring year-to-date rises, VRSK consistently displays promising revenue and EPS growth. Some, however, argue that returns aren't as alluring. Despite both Geneva Capital Management and Kestra Private Wealth Services decreasing their stock positions, Argus remains firmly bullish on the VRSK stock, impressed by the company's streamlined focus post-divestiture. Notably, BMO Capital Markets have raised their VRSK price target to $241.00. Considering the Q1 2024 earnings call, VRSK posted noticeable revenue and EPS growth. Controversy, however, surrounds the company's insider trades, with the Chief Accounting Officer and CFO selling shares. Several stock analyses suggest intrinsic value and reasonable debt usage by VRSK. Amidst all these, Swiss National Bank has reportedly sold VRSK shares. Q1 2024 earnings call revealed that EPS beats expectations yet again. Nevertheless, the stock underperformed on several occasions yet consistently remained steady against competitors. In a strong move, VRSK's stock has been acquired by abrdn plc.
Verisk Analytics VRSK News Analytics from Mon, 16 Oct 2023 07:00:00 GMT to Fri, 10 May 2024 06:49:03 GMT -
Rating 6
- Innovation 3
- Information 4
- Rumor -2
