Verra Mobility (NASDAQ:VRRM – Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 1.320-1.380 for the period, compared to the consensus EPS estimate of 1.330. The company issued revenue guidance of $1.0 billion-$1.0 billion, compared to the consensus revenue estimate of $1.0 billion.
Verra Mobility Price Performance
Shares of NASDAQ VRRM traded down $0.18 during trading on Wednesday, hitting $14.32. The company had a trading volume of 1,999,749 shares, compared to its average volume of 1,584,251. The business’s 50-day moving average is $15.28 and its 200 day moving average is $19.47. The company has a debt-to-equity ratio of 3.49, a quick ratio of 2.00 and a current ratio of 2.10. Verra Mobility has a 52 week low of $13.84 and a 52 week high of $25.83. The company has a market cap of $2.17 billion, a P/E ratio of 16.85, a PEG ratio of 2.40 and a beta of 0.67.
Verra Mobility (NASDAQ:VRRM – Get Free Report) last announced its earnings results on Wednesday, May 6th. The company reported $0.25 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.25. Verra Mobility had a net margin of 13.95% and a return on equity of 57.45%. The company had revenue of $223.57 million for the quarter, compared to the consensus estimate of $223.34 million. During the same period in the previous year, the business earned $0.30 EPS. The company’s revenue was up .1% on a year-over-year basis. Verra Mobility has set its FY 2026 guidance at 1.320-1.380 EPS. Equities research analysts predict that Verra Mobility will post 1.23 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
View Our Latest Analysis on Verra Mobility
Institutional Investors Weigh In On Verra Mobility
Hedge funds have recently bought and sold shares of the company. Global Retirement Partners LLC acquired a new position in shares of Verra Mobility during the fourth quarter valued at about $27,000. Caitong International Asset Management Co. Ltd raised its holdings in Verra Mobility by 967.8% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,260 shares of the company’s stock valued at $28,000 after acquiring an additional 1,142 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of Verra Mobility by 439.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,494 shares of the company’s stock worth $38,000 after acquiring an additional 1,217 shares during the period. Osaic Holdings Inc. grew its holdings in shares of Verra Mobility by 285.8% during the 2nd quarter. Osaic Holdings Inc. now owns 3,044 shares of the company’s stock worth $72,000 after purchasing an additional 2,255 shares in the last quarter. Finally, Smartleaf Asset Management LLC increased its position in shares of Verra Mobility by 46.7% during the second quarter. Smartleaf Asset Management LLC now owns 3,414 shares of the company’s stock valued at $87,000 after purchasing an additional 1,087 shares during the period.
About Verra Mobility
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.
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