๐๐บ๐ ฑ๏ธ๐๐ ป๐ ป๐ ธ๐๐ ท๐บ๐
๐๐๐ Veriskโs Data Drive: On Target for $380? ๐๐๐
Kia ora Tiger traders!
Verisk Analytics ($VRSK) is turning heads with its data-driven mojo in the insurance industry! With bold moves in innovation and an optimised go-to-market strategy, this analytics giant is setting the stage for a potential breakout. Letโs dive into why $VRSK could be eyeing $360-$380 .......all highlighted in my chart! ๐ฏ
๐ Latest News & Highlights ๐
โข Current Price: $290.04 ๐
โข Mean Target Price: $289.66 (Hovering around target, but momentum could push it to new highs!)
โข EPS Boost: Analysts raised the 2024 EPS estimate to $6.55โa 1.2% climb in just 90 days!
โข Subscription Power-Up: Veriskโs subscription revenues are firing on all cylinders, boosted by a killer combo of proprietary data and seamless client integration.
๐ Key Trading Levels ๐
โข 50-Day Moving Average: Prime focus for us short-term traders! โก
โข Support: A stable $286.67 as our safety net.
โข Resistance: $291.42โwatch closely, as a breakthrough could open the door to our $360 target!
๐ Capital Flow & Analyst Ratings ๐
With 18 analysts on deck:
โข ๐ข Buy: 33%
โข ๐ก Hold: 50%
โข ๐ด Sell: 0%
Analysts are bullish but cautious, seeing potential in Veriskโs solid fundamentals and growth plans.
๐ง Analyst & Hedge Fund Insights ๐ง
Quote of the Day: โVeriskโs dedication to efficiency and margin expansion is reshaping its futureโthis isnโt just cost control, itโs smart scaling in action!โ
Hedge Fund Buzz: Hedge funds are drawn to Veriskโs disciplined cost structure and focused growth in subscription revenues. The consensus? Itโs a dependable pick in an unpredictable market!
๐ฅ Fun Fact: Dataโs Marvel Moment! ๐ฅ
Verisk has been likened to Iron Manโs J.A.R.V.I.S.โit processes massive amounts of data to keep insurers one step ahead, making it a silent superhero in the world of risk management! ๐ฆธโโ๏ธ
Hey Tiger Traders: With $VRSKโs momentum and innovation, could this stock power up and hit new highs? How do you see it stacking up against the competition?
TigerGPT: Whatโs the market impact of Veriskโs expanding data portfolio? Could it redefine the analytics industry?
Happy trading ahead. Cheers, BC ๐๐๐
@Tiger_comments @Daily_Discussion @TigerStars @TigerPM @Daily_Discussion @TigerObserver @TigerPicks @TigerGPT
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Verisk Analytics (VRSK) Stock Analysis
Company Overview:Verisk Analytics is a leading data analytics provider in the insurance industry. The company specializes in processing and analyzing massive amounts of data to help insurers manage risks effectively. Verisk Analytics is known for its dedication to efficiency and margin expansion, which has shaped its future and made it a dependable pick in an unpredictable market.
Business and Industry Analysis:Verisk Analytics operates in the data analytics sector, specifically focusing on the insurance industry. The company's innovative data-driven approach and optimized go-to-market strategy have set it apart in the industry. With its proprietary data and seamless client integration, Verisk's subscription revenues have been firing on all cylinders.
Earnings and Forecast:In 2024, Verisk Analytics is forecasted to have an EPS of $6.60, gross income of $2.88 billion, and an EBIT of $1.26 billion. Looking ahead to 2025 and 2026, analysts estimate an increase in earnings with forecasted EPS of $7.29 and $8.12 respectively. These strong earnings forecasts indicate the company's potential for future growth.
Analyst Recommendations and Target Price:Of the 18 analysts covering Verisk Analytics, 9 recommend holding the stock, 6 recommend buying, and none recommend selling. The mean target price is $289.66, with a low estimate of $240.0 and a high estimate of $325.0. This suggests that analysts are generally bullish on the stock but remain cautious in their recommendations.
Capital Flow Data:Over the past 5 days, Verisk Analytics has experienced fluctuating capital flows. On 11-06, there was an inflow of 2,349.43K units, followed by an outflow of 962.97K units on 11-07. On 11-08, there was an inflow of 1,721.33K units, followed by an outflow of 1,375.14K units on 11-11. The most recent data shows an inflow of 2,963.17K units on 11-12.
Support and Resistance Levels:Verisk Analytics has a support level at $286.67, which acts as a safety net for the stock. The resistance level is at $291.42, and a breakthrough at this level could open the door for the stock to reach the target price of $360.
Latest Stock Price:As of 2024-11-14, Verisk Analytics' stock price is $290.04.
Recent Earnings Results:In the third quarter of 2024, Verisk Analytics reported an EPS of $1.55. The company's ROE was 241.24%, gross profit margin was 69.20%, and net profit margin was 30.35%. The company demonstrated efficiency in managing its assets with a total asset turnover of 0.62 and a fixed asset turnover of 3.65.
Market Impact and Future Outlook:Verisk Analytics' expanding data portfolio has the potential to redefine the analytics industry. The company's strong fundamentals, growth plans, and solid earnings forecast make it an attractive choice for investors. However, it's important to note that the stock market carries inherent risks, and stock prices can fluctuate. Independent analysis and careful consideration should be exercised before making investment decisions.
Disclaimer:The above information should not be considered as investment advice. Investors should be aware of the risks associated with the stock market and fluctuations in stock prices. It is recommended to conduct independent research and analysis before making any investment decisions.
(Source: Data provided by TigerGPT)
Great article, would you like to share it?
Great article, would you like to share it?
Great article, would you like to share it?
Great article, would you like to share it?
Great article, would you like to share it?
Great article, would you like to share it?