Verra Mobility (NASDAQ:VRRM) Reaches New 1-Year Low – Should You Sell?

Verra Mobility Corp (NASDAQ:VRRM)’s share price hit a new 52-week low during trading on Thursday . The stock traded as low as $15.41 and last traded at $15.3070, with a volume of 134086 shares trading hands. The stock had previously closed at $15.73.

Wall Street Analysts Forecast Growth

VRRM has been the subject of several research analyst reports. Morgan Stanley decreased their price objective on Verra Mobility from $24.00 to $20.00 and set an “equal weight” rating for the company in a report on Wednesday, February 25th. JPMorgan Chase & Co. reduced their price target on shares of Verra Mobility from $24.00 to $21.00 and set a “neutral” rating for the company in a research report on Monday. Robert W. Baird set a $24.00 price objective on shares of Verra Mobility in a research report on Wednesday, February 25th. Wall Street Zen lowered shares of Verra Mobility from a “strong-buy” rating to a “hold” rating in a research note on Saturday, February 28th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Verra Mobility in a report on Monday, December 29th. Two analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $24.00.

Verra Mobility Stock Down 2.2%

The company has a market capitalization of $2.33 billion, a PE ratio of 18.18, a P/E/G ratio of 2.61 and a beta of 0.60. The company has a current ratio of 2.10, a quick ratio of 2.00 and a debt-to-equity ratio of 3.49. The firm has a 50 day simple moving average of $19.56 and a two-hundred day simple moving average of $22.02.

Verra Mobility (NASDAQ:VRRM) last posted its quarterly earnings data on Tuesday, February 24th. The company reported $0.30 earnings per share for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.02). The firm had revenue of $257.86 million during the quarter, compared to analysts’ expectations of $241.17 million. Verra Mobility had a net margin of 13.95% and a return on equity of 57.45%. The business’s quarterly revenue was up 16.4% on a year-over-year basis. During the same quarter last year, the business earned $0.33 earnings per share. Verra Mobility has set its FY 2026 guidance at 1.320-1.380 EPS. Research analysts expect that Verra Mobility Corp will post 1.08 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in VRRM. Global Retirement Partners LLC purchased a new position in Verra Mobility during the fourth quarter worth about $27,000. Caitong International Asset Management Co. Ltd raised its position in Verra Mobility by 967.8% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,260 shares of the company’s stock valued at $28,000 after purchasing an additional 1,142 shares during the period. Rothschild Investment LLC lifted its position in Verra Mobility by 238.3% during the 3rd quarter. Rothschild Investment LLC now owns 1,167 shares of the company’s stock worth $29,000 after acquiring an additional 822 shares in the last quarter. Salomon & Ludwin LLC boosted its stake in shares of Verra Mobility by 100.7% in the fourth quarter. Salomon & Ludwin LLC now owns 1,497 shares of the company’s stock valued at $34,000 after purchasing an additional 751 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its position in Verra Mobility by 439.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,494 shares of the company’s stock valued at $38,000 after buying an additional 1,217 shares during the last quarter.

Verra Mobility Company Profile

Verra Mobility, traded on the Nasdaq under the ticker VRRM, is a leading provider of smart mobility solutions designed to improve safety, efficiency and compliance for transportation authorities and commercial fleets. The company develops and operates automated traffic enforcement systems, toll and violation management platforms, and connected-vehicle services. Through its technology offerings, Verra Mobility helps public agencies enhance road safety, reduce congestion and streamline revenue collection for tolling and parking.

Verra Mobility’s core products include red-light and speed-camera enforcement programs, license plate recognition systems, and cloud-based violation processing software.