Verisk Forms Strategic Alliance to Enhance Product Offerings

A leading provider of environmental health and safety compliance, 3E Company – a division of Verisk Analytics, Inc. VRSK – recently announced a strategic alliance with Dotmatics.

Founded in 2005, Dotmatics is a leading provider of scientific informatics services, focusing on data management, analysis and visualization.

The alliance will enable Dotmatics and 3E customers to have easy access to a plethora of integrated applications designed for optimal performance at reduced costs. Clients will have access to reliable and up-to-date scientific and regulatory information that will enable them to improve knowledge management, data storage, and decision support.

Dotmatics will incorporate 3E’s Online - SDS (Safety Data Sheet) management solution and Arielsubstance-level chemical regulatory content, along with several of its applications. Combining 3E Online with the Dotmatics’ Inventory and Studies Notebook applications will help both the companies offer users a central storage area of SDSs relating to their chemical inventory to smoothly access, manage, and update it round the clock.

By collaborating with Dotmatics, 3E will be well positioned to address the unique challenges it faces in the life science domain. 3E continues to deliver outstanding upgraded solutions to customers worldwide. Such initiatives will help augment its bottom-line growth, going forward.

Verisk, the parent company of 3E, outperformed the Zacks categorized Business - Services industry with an average return of 1.4% against a negative return of 5.7% for the latter, over a period of 90 days. In addition, over the same time frame, earnings estimates have increased 0.3% for the current year to 3.09 per share, further signifying inherent fundamental strength.

Founded in 1988, 3E is headquartered in Carlsbad, CA. The company provides a combination of the industry-leading environmental health and safety compliance mission-control call center and the world's premier hazardous substance database of global regulatory and compliance information. It provides its services across Canton, OH; Bethesda, MD; Kingsport, TN; Montreal, Quebec; Copenhagen, Denmark; and Tokyo, Japan.

Verisk carries a Zacks Rank # 2 (Hold). Some other favorably ranked stocks in the industry include NV5 Global, Inc. NVEE, Gartner, Inc. IT and Clear Channel Outdoor Holdings, Inc. CCO, each carrying a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

NV5 Global has a long-term earnings growth expectation of 20%. It has beaten estimates thrice in the trailing four quarters for an average positive earnings surprise of 6.9%.

Gartner has long-term earnings growth expectation of 17.3%. It has beaten estimates in each of the trailing four quarters with an average positive earnings surprise of 14.5%.

Clear Channel Outdoor is global leader in outdoor advertising displays in countries across continents. The company currently has long-term earnings growth expectation of 3%.

Zacks' Top 10 Stocks for 2017

In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2017?

Who wouldn't? As of early December, the 2016 Top 10 produced 5 double-digit winners including oil and natural gas giant Pioneer Natural Resources which racked up a stellar +50% gain. The new list is painstakingly hand-picked from 4,400 companies covered by the Zacks Rank. Be among the very first to see it>>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Gartner Inc. (IT): Free Stock Analysis Report
 
Verisk Analytics Inc. (VRSK): Free Stock Analysis Report
 
Clear Channel Outdoor Holdings Inc. (CCO): Free Stock Analysis Report
 
NV5 Holdings Inc. (NVEE): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research