Verisk Analytics Surges to Top 341 Most Actively Traded Stocks with $258 Million in Shares Traded

Generado por agente de IAAinvest Market Brief
martes, 6 de mayo de 2025, 7:35 pm ET1 min de lectura
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On May 6, 2025, Verisk AnalyticsVRSK-- (VRSK) saw a significant increase in trading volume, with a total of $258 million in shares traded, marking a 35.7% rise from the previous day. This surge placed VeriskVRSK-- among the top 341 most actively traded stocks for the day. The stock price of Verisk also experienced a modest increase, rising by 0.49% over the past two days, with a cumulative gain of 0.78%.

Verisk is scheduled to release its first-quarter fiscal 2025 earnings report on May 7, before the market opens. This report is highly anticipated as it will provide insights into the company's performance and future outlook. In the previous quarter, Verisk met analysts' revenue expectations, reporting revenues of $735.6 million, an 8.6% year-on-year increase. However, the company fell short of analysts' full-year EPS guidance estimates, indicating a slower quarter.

For the upcoming quarter, analysts are projecting Verisk's revenue to grow by 6.7% year on year to $750.8 million, a slight slowdown from the 8% increase recorded in the same quarter last year. Adjusted earnings are expected to be $1.68 per share. Verisk has a strong track record of meeting or exceeding revenue estimates, having only missed once in the last two years and exceeding top-line expectations by an average of 1.2%.

Investor sentiment in the data and business process services segment has been positive, with share prices up 11.2% on average over the last month. Verisk has seen a 6% increase during the same period and is heading into earnings with an average analyst price target of $294.02, slightly above the current share price of $294.75. This positive outlook suggests that investors are optimistic about Verisk's future performance and its ability to deliver strong earnings growth.

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