Verisk Analytics Intrinsic Stock Value – Verisk Analytics’ Revenue Rises in 3Q, Confident of 2023 Growth

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Verisk Analytics ($NASDAQ:VRSK), Inc. is a leading provider of data analytics solutions to businesses in a wide variety of industries. The company’s 3Q revenue increase has bolstered their positive outlook for 2023 growth. This continued growth reflects Verisk’s ability to maintain their competitive edge in the industry, and they remain confident in their ability to continue to meet the ever-changing demands of its customers. Verisk’s leadership was pleased with the results of the third quarter and said that the strong results are indicative of their continued commitment to innovation and investment. The company’s research and development efforts have allowed them to develop new products and remain competitive, while also investing in technology that supports current customer needs.

Verisk has stated that they are confident that their current strategy will successfully propel them towards their 2023 growth target. They are also engaging in strategic collaborations and acquisitions in order to maintain their leadership position in the industry. The company is well-positioned to capitalize on the growth opportunities available in the market and is committed to providing customers with the best solutions available.

Earnings

Verisk Analytics recently reported their earnings for the FY2023 second quarter as of June 30 2021. According to the report, VERISK ANALYTICS earned 747.5M USD in total revenue and 154.0M USD in net income. This is a 0.2% increase in total revenue and 22.1% decrease in net income compared to last year.

In the last three years, VERISK ANALYTICS has seen their total revenue drop from 747.5M USD to 675.0M USD. Despite this, VERISK ANALYTICS remains confident that they can achieve growth in 2023.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Verisk Analytics. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Verisk Analytics. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Verisk Analytics. More…

Key Ratios Snapshot

Some of the financial key ratios for Verisk Analytics are shown below. More…

Market Price

On Thursday, VERISK ANALYTICS stock opened at $222.9 and closed at $229.9, up by 3.4% from the previous closing price of $222.2. This is in part due to the company’s strong performance in its 3Q fiscal report, which showed an increase in revenue for the period. Furthermore, the company is confident of continuing its growth trajectory and achieving success in 2023.

Overall, VERISK’s strong performance in its 3Q fiscal report and confidence for continued growth has been reflected in the rise of its stock price. This gives the company a positive outlook for the future, with investors confident that 2023 will be another successful year for VERISK Analytics. Live Quote…

Analysis – Verisk Analytics Intrinsic Stock Value

At GoodWhale, we have carefully analyzed the financials of VERISK ANALYTICS using our proprietary Valuation Line. Our calculations show that the fair value of VERISK ANALYTICS share is around $215.6. However, as of now, the stock is traded at $229.9, making it a fair price that is overvalued by 6.6%. We are confident that this is a fair price and any long-term investor would find it beneficial to invest in VERISK ANALYTICS. More…

Peers

The competition between Verisk Analytics Inc and its competitors is fierce. IHS Markit Ltd, Trinet Group Inc, and Insperity Inc are all fighting for market share in the competitive data analytics industry. Verisk Analytics Inc has a strong product offering and a solid reputation, but its competitors are not far behind. IHS Markit Ltd has a strong product offering as well, and Trinet Group Inc has a good reputation. Insperity Inc is a newer player in the industry, but it has a lot of potential.

– IHS Markit Ltd ($NYSE:TNET)

Trinet Group Inc is a professional employer organization that provides human resources solutions to small and medium-sized businesses. The company has a market cap of $4.04 billion and a return on equity of 41.85%. Trinet Group Inc offers a range of services including payroll, benefits, workers’ compensation, and compliance. The company serves businesses in a variety of industries including healthcare, technology, manufacturing, and retail.

– Trinet Group Inc ($NYSE:NSP)

Inspriety Inc is a human resources and business solutions provider based in the United States. The company has a market capitalization of 4.59 billion as of 2022 and a return on equity of 366.51%. Inspriety provides a range of services including payroll, benefits, and compliance solutions to businesses of all sizes. The company has a strong focus on small and medium-sized businesses, and has a client base of over 100,000 businesses.

Summary

Verisk Analytics, Inc. is a leading provider of data analytics and analytics-based services for customers in the insurance, energy, and financial services industries. Recently, the company reported 3Q revenue that was higher than the estimates of analysts, which helped Verisk to back its 2023 growth views. This news was positively received by investors, as the stock price moved up on the same day. Analysts believe that the company has a strong balance sheet and a growing client base, which will enable it to continue to deliver growth in the upcoming years.

Additionally, the company has been focusing on developing new products and services to meet customer needs. As such, investors may find Verisk as an attractive investment option with the potential to generate strong returns in the long term.