Should I buy or sell Verra Mobility stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Verra Mobility in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" VRRM shares. View VRRM analyst ratings or view top-rated stocks .

What is Verra Mobility's stock price target for 2024?

4 Wall Street analysts have issued 12 month target prices for Verra Mobility's stock. Their VRRM share price targets range from $20.00 to $25.00. On average, they anticipate the company's share price to reach $22.33 in the next year. This suggests that the stock has a possible downside of 7.6%. View analysts price targets for VRRM or view top-rated stocks among Wall Street analysts .

How have VRRM shares performed in 2024?

Verra Mobility's stock was trading at $23.03 at the start of the year. Since then, VRRM stock has increased by 5.0% and is now trading at $24.17. View the best growth stocks for 2024 here .

When is Verra Mobility's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our VRRM earnings forecast .

How were Verra Mobility's earnings last quarter?

Verra Mobility Co. (NASDAQ:VRRM) issued its quarterly earnings data on Thursday, February, 29th. The company reported $0.22 earnings per share for the quarter, missing analysts' consensus estimates of $0.24 by $0.02. The firm had revenue of $211.01 million for the quarter, compared to the consensus estimate of $201.76 million. Verra Mobility had a trailing twelve-month return on equity of 41.86% and a net margin of 6.98%.

What ETFs hold Verra Mobility's stock?

ETFs with the largest weight of Verra Mobility (NASDAQ:VRRM) stock in their portfolio include Putnam Sustainable Future ETF (PFUT) , Invesco S&P SmallCap Industrials ETF (PSCI) , Invesco S&P SmallCap Momentum ETF (XSMO) , Pacer US Small Cap Cash Cows Growth Leaders ETF (CAFG) , ETC 6 Meridian Small Cap Equity ETF (SIXS) , Invesco S&P SmallCap 600 Pure Growth ETF (RZG) , Invesco S&P SmallCap Low Volatility ETF (XSLV) and AlphaMark Actively Managed Small Cap ETF (SMCP) .

What guidance has Verra Mobility issued on next quarter's earnings?

Verra Mobility issued an update on its FY 2024 earnings guidance on Thursday, February, 29th. The company provided earnings per share (EPS) guidance of 1.150-1.200 for the period, compared to the consensus earnings per share estimate of 1.190. The company issued revenue guidance of $865.0 million-$880.0 million, compared to the consensus revenue estimate of $859.6 million.

What other stocks do shareholders of Verra Mobility own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Verra Mobility investors own include Inseego (INSG) , iCAD (ICAD) , Marvell Technology (MRVL) , Aptiv (APTV) , Invitae (NVTA) , Akoustis Technologies (AKTS) , JD.com (JD) , Micron Technology (MU) , NVIDIA (NVDA) and CRISPR Therapeutics (CRSP) .

Who are Verra Mobility's major shareholders?

Verra Mobility's stock is owned by many different institutional and retail investors. Top institutional shareholders include Insight Wealth Strategies LLC (0.06%), Juncture Wealth Strategies LLC (0.03%), Tealwood Asset Management Inc. (0.03%) and First Hawaiian Bank (0.02%). Insiders that own company stock include Craig C Conti , David Martin Roberts , John H Rexford, Jonathan Keyser, Patricia Chiodo , Platinum Equity Llc, Rebecca Collins and Steve Lalla . View institutional ownership trends .

How do I buy shares of Verra Mobility?

Shares of VRRM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:VRRM

Verra Mobility (VRRM) Stock Price, News & Analysis

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$24.17

-0.24 (-0.98%)

(As of 04/15/2024 ET)

Compare

Today's Range: $24.00
▼
$24.98
50-Day Range: $21.55
▼
$25.16
52-Week Range: $16.22
▼
$25.57

Volume: 634,040 shs
Average Volume: 883,724 shs
Market Capitalization: $4.01 billion

P/E Ratio: 67.14
Dividend Yield: N/A
Price Target: $22.33

Get Verra Mobility alerts:

Verra Mobility MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 7.6% Downside
$22.33 Price Target
Short Interest: Healthy
2.22% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.30
Based on 4 Articles This Week
Insider Trading: Selling Shares
$402,751 Sold Last Quarter
Proj. Earnings Growth: 19.63%
From $1.07 to $1.28 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.19 out of 5 stars

Industrial Products Sector

155th out of 171 stocks

Transportation Services Industry

12th out of 15 stocks

1.3

Analyst's Opinion

Consensus Rating
Verra Mobility has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Verra Mobility has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.22% of the float of Verra Mobility has been sold short.
Short Interest Ratio / Days to Cover
Verra Mobility has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Verra Mobility has recently increased by 4.99%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Verra Mobility does not currently pay a dividend.
Dividend Growth
Verra Mobility does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for VRRM.

2.9

News and Social Media Coverage

News Sentiment
Verra Mobility has a news sentiment score of 1.30. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.65 average news sentiment score of Industrial Products companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Verra Mobility this week, compared to 3 articles on an average week.
Search Interest
Only 1 people have searched for VRRM on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Verra Mobility insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $402,751.00 in company stock.
Percentage Held by Insiders
Only 1.02% of the stock of Verra Mobility is held by insiders.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Verra Mobility are expected to grow by 19.63% in the coming year, from $1.07 to $1.28 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Verra Mobility is 67.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 146.17.
Price to Earnings Ratio vs. Sector
The P/E ratio of Verra Mobility is 67.14, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 20.97.
Price to Earnings Growth Ratio
Verra Mobility has a PEG Ratio of 1.83. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Verra Mobility has a P/B Ratio of 9.55. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Verra Mobility Stock (NASDAQ:VRRM)

Verra Mobility Corporation provides smart mobility technology solutions and services in the United States, Australia, Canada, and Europe. It operates through three segments: Commercial Services, Government Solutions, and Parking Solutions. The Commercial Services segment provides automated toll and violations management, and title and registration services to rental car companies, fleet management companies, and other large fleet owners. The Government Solutions segment offers automated safety solutions to national, state, and local government agencies, including services and technologies that enable photo enforcement through road safety cameras to detect and process traffic violations for red-light, speed, school bus, and city bus lanes. This segment serves municipalities, counties, school districts, and law enforcement agencies. The Parking Solutions segment provides an integrated suite of parking software and hardware solutions to universities, municipalities, parking operators, healthcare facilities, and transportation hubs. Verra Mobility Corporation was incorporated in 2016 and is headquartered in Mesa, Arizona.

VRRM Stock Price History

30 days | 90 days | 365 days | Advanced Chart

VRRM Stock News Headlines

April 9, 2024 | prnewswire.com

Verra Mobility Joins Connected Vehicle Systems Alliance (COVESA)

April 8, 2024 | finance.yahoo.com

When Should You Buy Verra Mobility Corporation (NASDAQ:VRRM)?

April 16, 2024 | InvestorPlace (Ad)

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April 1, 2024 | prnewswire.com

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of Verra Mobility Corporation (NASDAQ: VRRM)

March 20, 2024 | investorplace.com

Wall Street's Favorite Russell 2000 Stocks? 3 Names That Could Make You Filthy Rich

March 19, 2024 | finance.yahoo.com

Verra Mobility (NASDAQ:VRRM) Is Looking To Continue Growing Its Returns On Capital

March 8, 2024 | theglobeandmail.com

ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Verra Mobility Corporation Investors to Inquire About Securities Class Action Investigation - VRRM

March 5, 2024 | prnewswire.com

VRRM LOSS ALERT: ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Verra Mobility Corporation Investors to Inquire About Securities Class Action Investigation - VRRM

April 16, 2024 | InvestorPlace (Ad)

Elon Musk’s ChatGPT Could Soon Mint New Millionaires

Elon Musk made $180 million on PayPal… $47 Billion on SpaceX…and $94.2 Billion on Tesla. He’s about to shock the world again with his version of ChatGPT.

March 5, 2024 | finance.yahoo.com

Chief Legal Officer Jonathan Keyser Sells Shares of Verra Mobility Corp (VRRM)

March 4, 2024 | finance.yahoo.com

Verra Mobility Corporation (NASDAQ:VRRM) Q4 2023 Earnings Call Transcript

March 4, 2024 | realmoney.thestreet.com

Verra Mobility price target raised by $2 at UBS, here's why

March 4, 2024 | ca.finance.yahoo.com

VRRM Dec 2024 20.000 put

March 3, 2024 | finance.yahoo.com

Verra Mobility Corporation Just Missed Earnings - But Analysts Have Updated Their Models

March 2, 2024 | businesswire.com

ROSEN, SKILLED INVESTOR COUNSEL, Encourages Verra Mobility Corporation Investors to Inquire About Securities Class Action Investigation – VRRM

March 2, 2024 | finance.yahoo.com

Verra Mobility Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags

March 1, 2024 | finance.yahoo.com

Q4 2023 Verra Mobility Corp Earnings Call

March 1, 2024 | prnewswire.com

Verra Mobility to Participate in the Morgan Stanley Technology, Media & Telecom Conference

March 1, 2024 | markets.businessinsider.com

Analysts Are Neutral on These Industrial Goods Stocks: Verra Mobility (VRRM), Stanley Black & Decker (SWK)

February 29, 2024 | finance.yahoo.com

Verra Mobility Corp (VRRM) Reports Solid Revenue Growth Amidst Macro Trends

February 29, 2024 | prnewswire.com

Verra Mobility Announces Fourth Quarter and Full Year 2023 Financial Results

February 28, 2024 | benzinga.com

Earnings Preview: Verra Mobility

February 27, 2024 | prnewswire.com

Verra Mobility partners with Florida community to deliver school zone safety solutions

February 24, 2024 | ca.finance.yahoo.com

Verra Mobility Corporation (VRRM)

February 22, 2024 | finance.yahoo.com

Verra Mobility Schedules Fourth Quarter 2023 Earnings Call

February 20, 2024 | finance.yahoo.com

Verra Mobility Announces Appointment of Raj Ratnakar to Its Board of Directors

February 20, 2024 | prnewswire.com

Verra Mobility Announces Appointment of Raj Ratnakar to Its Board of Directors

See More Headlines

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Company Calendar

Last Earnings: 2/29/2024
Today: 4/15/2024
Next Earnings (Estimated): 5/02/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Industrial Products
Industry: Transportation services
Sub-Industry: N/A
Current Symbol: NASDAQ:VRRM
CUSIP: N/A
CIK: 1682745
Web: www.verramobility.com
Phone: (480) 443-7000
Fax: 310-209-3310
Employees: 1,788
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $22.33
High Stock Price Target: $25.00
Low Stock Price Target: $20.00
Potential Upside/Downside: -7.6%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.36
Trailing P/E Ratio: 67.14
Forward P/E Ratio: 22.59
P/E Growth: 1.83
Net Income: $57.01 million
Net Margins: 6.98%
Pretax Margin: 10.64%
Return on Equity: 41.86%
Return on Assets: 8.93%

Debt

Debt-to-Equity Ratio: 2.44
Current Ratio: 2.05
Quick Ratio: 1.96

Sales & Book Value

Annual Sales: $817.31 million
Price / Sales: 4.91
Cash Flow: $1.65 per share
Price / Cash Flow: 14.65
Book Value: $2.53 per share
Price / Book: 9.55

Miscellaneous

Outstanding Shares: 166,021,000
Free Float: 164,328,000
Market Cap: $4.01 billion
Optionable: Optionable
Beta: 1.17

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Key Executives

Mr. David Martin Roberts (Age 53)
President, CEO & Director
Comp: $1.25M
Mr. Craig C. Conti (Age 46)
Executive VP & CFO
Comp: $1.06M
Mr. Steven C. Lalla (Age 61)
Executive Vice President of Commercial Services
Comp: $897.02k
Mr. Jonathan Baldwin (Age 49)
Executive Vice President of Government Solutions
Comp: $568k
Mr. Norman P. Blake III (Age 50)
President of T2 Systems
Comp: $543.91k
Mr. Jason Rivera
Chief Technology Officer
Mr. Mark Zindler
Vice President of Investor Relations
Mr. Jon Keyser (Age 42)
Executive VP & Chief Legal Officer
Mr. Mike McMillin
Vice President of Corporate Development & Strategy
Mr. Raphael Avraham
Senior Associate General Counsel

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

VRRM Stock Analysis - Frequently Asked Questions

Should I buy or sell Verra Mobility stock right now?: 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Verra Mobility in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" VRRM shares.
View VRRM analyst ratings or view top-rated stocks.
What is Verra Mobility's stock price target for 2024?: 4 Wall Street analysts have issued 12 month target prices for Verra Mobility's stock. Their VRRM share price targets range from $20.00 to $25.00. On average, they anticipate the company's share price to reach $22.33 in the next year. This suggests that the stock has a possible downside of 7.6%.
View analysts price targets for VRRM or view top-rated stocks among Wall Street analysts.
How have VRRM shares performed in 2024?: Verra Mobility's stock was trading at $23.03 at the start of the year. Since then, VRRM stock has increased by 5.0% and is now trading at $24.17.
View the best growth stocks for 2024 here.
When is Verra Mobility's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our VRRM earnings forecast.
How were Verra Mobility's earnings last quarter?: Verra Mobility Co. (NASDAQ:VRRM) issued its quarterly earnings data on Thursday, February, 29th. The company reported $0.22 earnings per share for the quarter, missing analysts' consensus estimates of $0.24 by $0.02. The firm had revenue of $211.01 million for the quarter, compared to the consensus estimate of $201.76 million. Verra Mobility had a trailing twelve-month return on equity of 41.86% and a net margin of 6.98%.
What ETFs hold Verra Mobility's stock?: ETFs with the largest weight of Verra Mobility (NASDAQ:VRRM) stock in their portfolio include Putnam Sustainable Future ETF (PFUT), Invesco S&P SmallCap Industrials ETF (PSCI), Invesco S&P SmallCap Momentum ETF (XSMO), Pacer US Small Cap Cash Cows Growth Leaders ETF (CAFG), ETC 6 Meridian Small Cap Equity ETF (SIXS), Invesco S&P SmallCap 600 Pure Growth ETF (RZG), Invesco S&P SmallCap Low Volatility ETF (XSLV) and AlphaMark Actively Managed Small Cap ETF (SMCP).

What guidance has Verra Mobility issued on next quarter's earnings?: Verra Mobility issued an update on its FY 2024 earnings guidance on Thursday, February, 29th. The company provided earnings per share (EPS) guidance of 1.150-1.200 for the period, compared to the consensus earnings per share estimate of 1.190. The company issued revenue guidance of $865.0 million-$880.0 million, compared to the consensus revenue estimate of $859.6 million.
What other stocks do shareholders of Verra Mobility own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Verra Mobility investors own include Inseego (INSG), iCAD (ICAD), Marvell Technology (MRVL), Aptiv (APTV), Invitae (NVTA), Akoustis Technologies (AKTS), JD.com (JD), Micron Technology (MU), NVIDIA (NVDA) and CRISPR Therapeutics (CRSP).
Who are Verra Mobility's major shareholders?: Verra Mobility's stock is owned by many different institutional and retail investors. Top institutional shareholders include Insight Wealth Strategies LLC (0.06%), Juncture Wealth Strategies LLC (0.03%), Tealwood Asset Management Inc. (0.03%) and First Hawaiian Bank (0.02%). Insiders that own company stock include Craig C Conti, David Martin Roberts, John H Rexford, Jonathan Keyser, Patricia Chiodo, Platinum Equity Llc, Rebecca Collins and Steve Lalla.
View institutional ownership trends.
How do I buy shares of Verra Mobility?: Shares of VRRM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:VRRM) was last updated on 4/16/2024 by MarketBeat.com Staff

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