Leading data analytics provider, Verisk Analytics, Inc. (VRSK - Free Report) , recently acquired a liability risk modeling and decision support company, Arium for an undisclosed amount. Per the acquisition, Arium will become part of Verisk’s AIR Worldwide (AIR) business. This will augment AIR’s product portfolio with additional modeling solutions and analytics for the casualty market.
Formed in 1998, Arium or Architects for Risk Identification, Understanding, and Management specializes in developing risk models, mainly for the reinsurance industry. The company uses a unique methodology based on dependency theory. Its casualty analytics platform enables other companies to run historical and emerging scenarios and build their own scenarios across all casualty lines.
Verisk outperformed the Zacks categorized Business - Information Services in 2016 with an average return of 5.6% compared with a negative 1.5% return for the latter. In addition, over the last 90 days, the company’s earnings estimates have increased 3.34% for the current year to $3.09, further signifying inherent fundamental strength.
Incorporating Arium’s methodologies will enable Verisk’s clients to comprehensively manage risks across their portfolios in the casualty market. We expect this acquisition to be accretive for the company in the near future. The company’s continued acquisition binge will likely boost its top line in the near future.
Headquartered in Boston, Verisk offers catastrophe risk modeling solutions to help individuals, businesses, and society become more resilient. Various key institutions rely on AIR's advanced science, software, and consulting services for catastrophe risk management, insurance-linked securities, site-specific engineering analyses, and agricultural risk management.
Verisk currently carries a Zacks Rank #2 (Buy). Some other favorably ranked stocks in the industry include Hitachi, Ltd. (HTHIY - Free Report) , FactSet Research Systems Inc. (FDS - Free Report) and Barloworld Ltd. (BRRAY - Free Report) . All three stocks carry a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here
Hitachi has a long-term earnings growth expectation of 13% and is currently trading at a forward P/E of 14.2x.
Barloworld has a long-term earnings growth expectation of 12.8% and is currently trading at a forward P/E of 11.5x.
FactSet has a long-term earnings growth expectation of 10.7% and is currently trading at a forward P/E of 23.5x.
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Leading data analytics provider, Verisk Analytics, Inc. (VRSK - Free Report) , recently acquired a liability risk modeling and decision support company, Arium for an undisclosed amount. Per the acquisition, Arium will become part of Verisk’s AIR Worldwide (AIR) business. This will augment AIR’s product portfolio with additional modeling solutions and analytics for the casualty market.
Formed in 1998, Arium or Architects for Risk Identification, Understanding, and Management specializes in developing risk models, mainly for the reinsurance industry. The company uses a unique methodology based on dependency theory. Its casualty analytics platform enables other companies to run historical and emerging scenarios and build their own scenarios across all casualty lines.
Verisk outperformed the Zacks categorized Business - Information Services in 2016 with an average return of 5.6% compared with a negative 1.5% return for the latter. In addition, over the last 90 days, the company’s earnings estimates have increased 3.34% for the current year to $3.09, further signifying inherent fundamental strength.
Incorporating Arium’s methodologies will enable Verisk’s clients to comprehensively manage risks across their portfolios in the casualty market. We expect this acquisition to be accretive for the company in the near future. The company’s continued acquisition binge will likely boost its top line in the near future.
Headquartered in Boston, Verisk offers catastrophe risk modeling solutions to help individuals, businesses, and society become more resilient. Various key institutions rely on AIR's advanced science, software, and consulting services for catastrophe risk management, insurance-linked securities, site-specific engineering analyses, and agricultural risk management.
Verisk currently carries a Zacks Rank #2 (Buy). Some other favorably ranked stocks in the industry include Hitachi, Ltd. (HTHIY - Free Report) , FactSet Research Systems Inc. (FDS - Free Report) and Barloworld Ltd. (BRRAY - Free Report) . All three stocks carry a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here
Hitachi has a long-term earnings growth expectation of 13% and is currently trading at a forward P/E of 14.2x.
Barloworld has a long-term earnings growth expectation of 12.8% and is currently trading at a forward P/E of 11.5x.
FactSet has a long-term earnings growth expectation of 10.7% and is currently trading at a forward P/E of 23.5x.
Zacks' Top 10 Stocks for 2017
In addition to the stocks discussed above, would you like to know about our 10 finest tickers for the entirety of 2017?
Who wouldn't? These 10 are painstakingly hand-picked from 4,400 companies covered by the Zacks Rank. They are our primary picks to buy and hold. Be among the very first to see them >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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