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Investing.com - RBC Capital has reiterated an Outperform rating on Verisk Analytics (NASDAQ:VRSK) with a price target of $314.00, representing significant upside from the current price of $246.83. According to InvestingPro data, the stock is trading near its 52-week low of $239.83, though analysis suggests the company may be overvalued at current levels.
The firm expects Verisk to deliver a modest organic growth beat with 7.3% organic growth, though it anticipates the company will maintain its fiscal year 2025 organic guidance due to the potential for a below-average hurricane season. This aligns with the company's recent performance, as InvestingPro data shows revenue growth of 7.6% over the last twelve months, supported by impressive gross profit margins of 69.39%.
RBC Capital is monitoring Verisk's reported FY25 guidance for the closing of the AccuLynx acquisition, as the company has included $40-50 million in contribution from all acquisitions in its fiscal year 2025 guidance.
Verisk Analytics provides data analytics solutions for the insurance, energy, and financial services industries, with a significant portion of its business tied to property and casualty insurance.
The company's services include catastrophe modeling and risk assessment tools, which can be affected by seasonal weather patterns such as hurricane activity.
In other recent news, Verisk Analytics reported its Q2 2025 earnings, surpassing analyst expectations with an earnings per share of $1.88, compared to the forecasted $1.77. The company's revenue for the quarter reached $773 million, slightly above the anticipated $768.74 million. Wolfe Research initiated coverage on Verisk Analytics with an Outperform rating, highlighting the company's strong structural position and recurring revenue growth. Additionally, Verisk announced the appointment of Saurabh Khemka as president of Underwriting Solutions, a role he assumes after serving as co-president since 2024. In another development, Verisk launched XactAI, a suite of AI-powered tools designed to enhance claims processing efficiency in the insurance industry. These tools aim to automate administrative tasks, thereby streamlining the claims handling process. These recent developments reflect Verisk's ongoing efforts to strengthen its market position and operational capabilities.
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