NASDAQ:VRRM

Verra Mobility (VRRM) Stock Price, News & Analysis

$24.41
+0.53 (+2.22%)
(As of 04/23/2024 ET)
Today's Range
$23.75
$24.50
50-Day Range
$21.55
$25.16
52-Week Range
$16.22
$25.57
Volume
687,539 shs
Average Volume
1.06 million shs
Market Capitalization
$4.05 billion
P/E Ratio
67.81
Dividend Yield
N/A
Price Target
$22.33

Verra Mobility MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
8.5% Downside
$22.33 Price Target
Short Interest
Healthy
2.22% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.21mentions of Verra Mobility in the last 14 days
Based on 5 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.

1.20 out of 5 stars

Industrial Products Sector

147th out of 166 stocks

Transportation Services Industry

13th 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

The only defense company you should be looking at
This is the ONLY defense company you should be watching right now.
The only defense company you should be looking at
This is the ONLY defense company you should be watching right now.
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)
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
2/29/2024
Today
4/23/2024
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
-8.2%
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
$1.72 per share
Book Value
$2.53 per share

Miscellaneous

Free Float
164,427,000
Market Cap
$4.04 billion
Optionable
Optionable
Beta
1.17
7 Energy Stocks to Buy and Hold Forever Cover

Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.

Get This Free Report

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 analysts have issued 12 month price targets for Verra Mobility's stock. Their VRRM share price targets range from $20.00 to $25.00. On average, they expect the company's stock price to reach $22.33 in the next twelve months. This suggests that the stock has a possible downside of 8.5%.
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 6.0% and is now trading at $24.41.
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) posted its quarterly earnings results on Thursday, February, 29th. The company reported $0.22 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.24 by $0.02. The firm earned $211.01 million during the quarter, compared to analysts' expectations 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 guidance has Verra Mobility issued on next quarter's earnings?

Verra Mobility updated 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 retail and institutional investors. Top institutional investors include State of Alaska Department of Revenue (0.06%), Insight Wealth Strategies LLC (0.06%), AMI Asset Management Corp (0.05%), Louisiana State Employees Retirement System (0.05%), Maryland State Retirement & Pension System (0.04%) and Juncture Wealth Strategies LLC (0.03%). 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 4/23/2024 by MarketBeat.com Staff

From Our Partners