Verisk Stock Rises 21% Year to Date: What You Should Know

Verisk Analytics, Inc. (VRSK) has had an impressive run year to date. The stock has gained 21%, outperforming the 17% rally of the industry it belongs to.What’s Behind VRSK’s RallyVerisk posted better-than-expected earnings performance in the past three quarters, driven by strong growth in underwriting & rating and claims.Verisk’s decision to transition its business model from transactions to subscriptions favors its recurring revenues.Since the market trends give a higher valuation to SaaS companies, there ...