S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
3 Large-Cap Stocks Buying Back Shares Aggressively
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
3 Large-Cap Stocks Buying Back Shares Aggressively
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
3 Large-Cap Stocks Buying Back Shares Aggressively
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
3 Large-Cap Stocks Buying Back Shares Aggressively
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
NASDAQ:VRRM

Verra Mobility (VRRM) Stock Price, News & Analysis

$23.77
+0.19 (+0.81%)
(As of 03/18/2024 ET)
Today's Range
$23.51
$24.14
50-Day Range
$21.46
$24.30
52-Week Range
$16.22
$24.34
Volume
968,362 shs
Average Volume
1.15 million shs
Market Capitalization
$3.95 billion
P/E Ratio
66.03
Dividend Yield
N/A
Price Target
$22.33

Verra Mobility MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
6.0% Downside
$22.33 Price Target
Short Interest
Healthy
1.75% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.06mentions of Verra Mobility in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$402,751 Sold Last Quarter
Proj. Earnings Growth
16.67%
From $1.08 to $1.26 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.

1.32 out of 5 stars

Industrial Products Sector

142nd out of 176 stocks

Transportation Services Industry

11th out of 17 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

My next big prediction isn’t a prediction
I believe this could change your life forever. I’m talking about transforming everything for you, financially. You see, a rare market anomaly has emerged that I believe is going to make some people very wealthy. Almost nobody in the mainstream media or Wall Street has connected the dots on what’s going on, but that ignorance won’t last for long. When they wake up to this situation, billions of dollars will flood in.
The AI Bottleneck No One is Talking About
Renewable energy is growing at an impressive speed - but not fast enough. This could be one of the greatest periods for the nuclear industry ever.
Verra Mobility price target raised by $2 at UBS, here's why
VRRM Dec 2024 20.000 put
Q4 2023 Verra Mobility Corp Earnings Call
Earnings Preview: Verra Mobility
Verra Mobility Corporation (VRRM)
Verra Mobility Schedules Fourth Quarter 2023 Earnings Call
VRRM Mar 2024 20.000 call
VRRM Mar 2024 20.000 put
See More Headlines
Receive VRRM Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Verra Mobility and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
3/01/2023
Today
3/19/2024
Next Earnings (Estimated)
5/02/2024
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
-6.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$57.01 million
Pretax Margin
10.64%

Debt

Sales & Book Value

Annual Sales
$817.31 million
Cash Flow
$1.70 per share
Book Value
$2.53 per share

Miscellaneous

Free Float
164,328,000
Market Cap
$3.95 billion
Optionable
Optionable
Beta
1.16
Investing Strategies To Help Grow Your Retirement Income Cover

Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.

Get This Free Report

Key Executives


VRRM Stock Analysis - Frequently Asked Questions

Should I buy or sell Verra Mobility stock right now?

4 Wall Street 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 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 brokers 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 share price to reach $22.33 in the next twelve months. This suggests that the stock has a possible downside of 6.0%.
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 beginning of the year. Since then, VRRM stock has increased by 3.2% and is now trading at $23.77.
View the best growth stocks for 2024 here
.

Are investors shorting Verra Mobility?

Verra Mobility saw a increase in short interest in the month of February. As of February 29th, there was short interest totaling 2,830,000 shares, an increase of 60.8% from the February 14th total of 1,760,000 shares. Based on an average daily volume of 1,100,000 shares, the short-interest ratio is presently 2.6 days. Currently, 1.8% of the company's stock are short sold.
View Verra Mobility's Short Interest
.

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 Wednesday, March, 1st. The company reported $0.22 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.20 by $0.02. The firm had revenue of $186.07 million for the quarter, compared to analyst estimates of $184.79 million. Verra Mobility had a trailing twelve-month return on equity of 41.86% and a net margin of 6.98%. The firm's revenue was up 9.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.23 earnings per share.

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 EPS guidance of 1.150-1.200 for the period, compared to the consensus EPS 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 a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (10.36%), Vanguard Group Inc. (10.38%), Darlington Partners Capital Management LP (4.89%), Wellington Management Group LLP (4.54%), Price T Rowe Associates Inc. MD (4.25%) and Mackenzie Financial Corp (3.98%). 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 3/19/2024 by MarketBeat.com Staff

From Our Partners