William Blair analyst Andrew Nicholas has maintained their bullish stance on VRSK stock, giving a Buy rating on February 21.
Andrew Nicholas has given his Buy rating due to a combination of factors that highlight Verisk Analytics’ strong performance and promising outlook. The company’s fourth-quarter results met expectations, with revenue slightly exceeding consensus and showing solid growth on an organic, constant-currency basis. Despite a minor shortfall in adjusted EPS compared to estimates, the overall financial performance, including adjusted EBITDA and margins, aligned well with projections.
Furthermore, the guidance for the full year indicates robust organic growth and margin expansion, consistent with Verisk’s medium-term targets. The company’s impressive subscription growth and its ability to maintain a competitive edge in the market contribute to its favorable outlook. While there are risks related to achieving growth and margin goals, as well as potential macroeconomic challenges, the company’s track record and strategic positioning support the Buy rating.
Nicholas covers the Industrials sector, focusing on stocks such as CBIZ, Cra International, and FTI Consulting. According to TipRanks, Nicholas has an average return of 0.9% and a 61.54% success rate on recommended stocks.
In another report released on February 21, Wells Fargo also maintained a Buy rating on the stock with a $325.00 price target.