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The car insurance claims software and services company reported on May 8 third-quarter earnings of $26.7 million, or 38 cents a share, down from year-earlier earnings of $80.1 million, or $1.13 a share.
"We believe Solera's strong positioning within the automobile insurance claims processing industry, increasing cross sell opportunities, and the growing global middle class should allow the company to return to mid to high single digit organic top-line growth and continued margin expansion once the macro environment improves," Wells Fargo analysts wrote in a report on Friday. "Our Market Perform rating is based on valuation.
Forward Annual Dividend Yield: 0.9%
-- Written by Alexandra Zendrian
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