Shares of Verra Mobility Corp (NASDAQ:VRRM – Get Free Report) have received a consensus rating of “Reduce” from the ten ratings firms that are currently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating and nine have assigned a hold rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $6.83.
Several equities research analysts have commented on VRRM shares. Morgan Stanley set a $5.00 price objective on shares of Verra Mobility in a research note on Thursday, August 6th. UBS Group boosted their price target on Verra Mobility from $4.00 to $6.00 and gave the stock a “neutral” rating in a research report on Friday, August 7th. Zacks Research raised Verra Mobility from a “strong sell” rating to a “hold” rating in a research report on Thursday, August 13th. JPMorgan Chase & Co. lowered their price objective on Verra Mobility from $6.00 to $5.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 13th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Verra Mobility in a report on Monday, September 14th.
Check Out Our Latest Analysis on VRRM
Verra Mobility Stock Performance
Shares of VRRM opened at $2.80 on Friday. Verra Mobility has a 12-month low of $2.60 and a 12-month high of $23.72. The company has a quick ratio of 1.97, a current ratio of 2.05 and a debt-to-equity ratio of 3.86. The firm has a market capitalization of $425.54 million, a PE ratio of 11.67 and a beta of 0.45. The stock’s fifty day simple moving average is $3.43 and its 200-day simple moving average is $9.59.
Verra Mobility (NASDAQ:VRRM – Get Free Report) last released its quarterly earnings data on Friday, October 30th. The company reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.10. Verra Mobility had a net margin of 3.77% and a return on equity of 71.65%. The company had revenue of $258.88 million for the quarter, compared to analyst estimates of $240.57 million. During the same period in the previous year, the business earned $0.37 EPS. Verra Mobility’s revenue for the quarter was down 1.2% compared to the same quarter last year. As a group, research analysts predict that Verra Mobility will post 1.10 earnings per share for the current year.
Hedge Funds Weigh In On Verra Mobility
A number of institutional investors and hedge funds have recently bought and sold shares of VRRM. Bank of America Corp DE increased its stake in Verra Mobility by 34.4% during the first quarter. Bank of America Corp DE now owns 1,576,119 shares of the company’s stock worth $22,523,000 after purchasing an additional 403,638 shares during the period. Sei Investments Co. boosted its holdings in Verra Mobility by 10.6% in the first quarter. Sei Investments Co. now owns 1,213,838 shares of the company’s stock valued at $17,346,000 after acquiring an additional 115,968 shares during the last quarter. Punch & Associates Investment Management Inc. boosted its stake in shares of Verra Mobility by 1.7% in the first quarter. Punch & Associates Investment Management Inc. now owns 1,147,170 shares of the company’s stock valued at $16,393,000 after purchasing an additional 19,610 shares during the period. Arrowstreet Capital Limited Partnership lifted its holdings in Verra Mobility by 206.3% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 935,021 shares of the company’s stock worth $13,361,000 after buying an additional 629,754 shares during the last quarter. Finally, Edgestream Partners L.P. raised its holdings in shares of Verra Mobility by 41.5% during the first quarter. Edgestream Partners L.P. now owns 818,595 shares of the company’s stock valued at $11,698,000 after buying an additional 240,163 shares during the last quarter.
Verra Mobility News Summary
Here are the key news stories impacting Verra Mobility this week:
- Positive Sentiment: Verra Mobility earned $0.36 per share, surpassing the $0.26 analyst consensus, while revenue of $258.9 million exceeded estimates of $240.6 million. The quarter also produced $40.4 million in net income and $114.5 million in operating cash flow. Verra Mobility Announces Third Quarter 2026 Financial Results
- Positive Sentiment: Government Solutions delivered a record bookings quarter, excluding the period when Verra Mobility recorded the New York City Department of Transportation contract renewal. Management also reaffirmed its fiscal 2026 guidance, reducing the risk of an immediate outlook cut. Verra Mobility Q3 2026: EPS Beat Amid Leadership Shake-Up
- Neutral Sentiment: Analysts cited an average price target of $6.83, substantially above the recent trading level, but the target reflects expectations that may not yet account for the company’s latest operating and leadership uncertainties. Verra Mobility Corp Stock Has Average Price Target of $6.83 According to Analysts
- Negative Sentiment: Revenue declined 1.2% from the prior-year quarter, and EPS fell from $0.37 to $0.36 despite the consensus beat. The results therefore indicate limited top-line growth and year-over-year earnings pressure. Verra Mobility Surpasses Q3 Earnings and Revenue Estimates
- Negative Sentiment: The board appointed Matthew Kvarda as interim chief financial officer, creating a leadership transition at a time when investors are already concerned about execution. Verra Mobility also provided an update on Commercial Services customer contracts, adding uncertainty around future revenue stability. Verra Mobility Delivers Impressive Q3 but Stock Drops
Verra Mobility Company Profile
Verra Mobility Corporation (NASDAQ:VRRM) provides smart mobility technology and services designed to improve transportation safety, efficiency and compliance. The company develops cloud-based solutions that help government agencies, commercial fleets and mobility providers manage transportation-related processes and data.
Its government solutions include automated safety enforcement programs for red-light, speed, school-zone and bus-lane violations, as well as technology supporting school bus safety initiatives.
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