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Why Verisk Analytics (VRSK) Could Be Positioned for a Surge

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Verisk Analytics, Inc. (VRSK - Free Report) is a provider of information about risk to professionals in insurance, healthcare, financial services, government, and risk management. that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.

These positive earnings estimate revisions suggest that analysts are becoming more optimistic on VRSK’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Verisk Analytics could be a solid choice for investors.

Current Quarter Estimates for VRSK

In the past 30 days, four estimates have gone higher for Verisk Analytics while none have gone lower in the same time period. The trend has been pretty favorable too, with estimates increasing from 84 cents a share 30 days ago, to 92 cents today, a move of 9.5%.

Current Year Estimates for VRSK

Meanwhile, Verisk Analytics’s current year figures are also looking quite promising, with eight estimates moving higher in the past month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame, increasing from $3.59 per share 30 days ago to $3.97 per share today, an increase of 10.6%.


Bottom Line

The stock has also started to move higher lately, adding 6.7% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So, investors may want to consider this Zacks Rank #2 (Buy) stock to profit in the near future. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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