NASDAQ:VRRM

Verra Mobility (VRRM) Stock Price, News & Analysis

$26.72
+0.16 (+0.60%)
(As of 12:44 PM ET)
Today's Range
$26.30
$26.81
50-Day Range
$21.55
$26.56
52-Week Range
$17.04
$26.81
Volume
337,396 shs
Average Volume
1.04 million shs
Market Capitalization
$4.44 billion
P/E Ratio
53.44
Dividend Yield
N/A
Price Target
$22.33

Verra Mobility MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
15.3% Downside
$22.33 Price Target
Short Interest
Healthy
2.17% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.59mentions of Verra Mobility in the last 14 days
Based on 13 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.

1.46 out of 5 stars

Industrial Products Sector

146th out of 169 stocks

Transportation Services Industry

12th out of 15 stocks

VRRM stock logo

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

VRRM Stock News Headlines

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

Last Earnings
2/29/2024
Today
5/07/2024
Next Earnings (Estimated)
8/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Transportation services
Sub-Industry
N/A
Current Symbol
NASDAQ:VRRM
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
-15.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$57.01 million
Pretax Margin
13.60%

Debt

Sales & Book Value

Annual Sales
$817.31 million
Cash Flow
$1.69 per share
Book Value
$2.53 per share

Miscellaneous

Free Float
164,427,000
Market Cap
$4.38 billion
Optionable
Optionable
Beta
1.16
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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 year. 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 research analysts have issued 1-year price objectives for Verra Mobility's shares. Their VRRM share price targets range from $20.00 to $25.00. On average, they predict the company's stock price to reach $22.33 in the next twelve months. This suggests that the stock has a possible downside of 15.3%.
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 14.5% and is now trading at $26.37.
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 Wednesday, August 14th 2024.
View our VRRM earnings forecast
.

How were Verra Mobility's earnings last quarter?

Verra Mobility Co. (NASDAQ:VRRM) released its quarterly earnings results on Thursday, February, 29th. The company reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.24 by $0.02. The business had revenue of $211.01 million for the quarter, compared to analyst estimates of $201.76 million. Verra Mobility had a trailing twelve-month return on equity of 37.87% and a net margin of 9.77%.

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

Verra Mobility issued an update on its FY 2024 earnings guidance on Friday, May, 3rd. The company provided EPS guidance of 1.200-1.200 for the period, compared to the consensus estimate of 1.180. The company issued revenue guidance of $880.0 million-$880.0 million, compared to the consensus revenue estimate of $872.6 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 retail and institutional investors. Top institutional shareholders include Principal Financial Group Inc. (2.30%), WCM Investment Management LLC (1.21%), DAVENPORT & Co LLC (1.13%), Oak Family Advisors LLC (0.21%), Equitable Trust Co. (0.16%) and Texas Permanent School Fund Corp (0.09%). 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 5/7/2024 by MarketBeat.com Staff

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