Brokerages Set Verra Mobility Corp (NASDAQ:VRRM) PT at $27.25

Shares of Verra Mobility Corp (NASDAQ:VRRMGet Free Report) have been given an average rating of “Hold” by the five brokerages that are covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $27.25.

Several research firms recently commented on VRRM. Wall Street Zen upgraded Verra Mobility from a “buy” rating to a “strong-buy” rating in a research report on Saturday, December 20th. JPMorgan Chase & Co. assumed coverage on Verra Mobility in a research report on Monday, January 26th. They set a “neutral” rating and a $25.00 price target for the company. Weiss Ratings restated a “hold (c)” rating on shares of Verra Mobility in a research report on Monday, December 29th. Finally, UBS Group raised their target price on shares of Verra Mobility from $29.00 to $31.00 and gave the company a “buy” rating in a research note on Thursday, October 30th.

Check Out Our Latest Stock Report on VRRM

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Global Retirement Partners LLC bought a new position in Verra Mobility in the fourth quarter valued at $27,000. Caitong International Asset Management Co. Ltd increased its position in shares of Verra Mobility by 967.8% during the 4th 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 last quarter. Rothschild Investment LLC increased its position in shares of Verra Mobility by 238.3% during the 3rd quarter. Rothschild Investment LLC now owns 1,167 shares of the company’s stock valued at $29,000 after purchasing an additional 822 shares during the last quarter. Salomon & Ludwin LLC raised its holdings in shares of Verra Mobility by 100.7% during the 4th quarter. Salomon & Ludwin LLC now owns 1,497 shares of the company’s stock valued at $34,000 after buying an additional 751 shares in the last quarter. Finally, CWM LLC lifted its position in Verra Mobility by 112.2% in the 2nd quarter. CWM LLC now owns 1,509 shares of the company’s stock worth $38,000 after buying an additional 798 shares during the last quarter.

Key Stories Impacting Verra Mobility

Here are the key news stories impacting Verra Mobility this week:

Verra Mobility Stock Performance

Verra Mobility stock opened at $18.71 on Friday. Verra Mobility has a 1-year low of $17.08 and a 1-year high of $26.38. The company has a current ratio of 2.45, a quick ratio of 2.35 and a debt-to-equity ratio of 2.55. The firm has a market capitalization of $2.99 billion, a PE ratio of 58.47, a price-to-earnings-growth ratio of 2.93 and a beta of 0.59. The firm’s 50 day simple moving average is $20.86 and its 200 day simple moving average is $22.62.

Verra Mobility (NASDAQ:VRRMGet Free Report) last released its quarterly earnings results on Tuesday, February 24th. The company reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.02). The firm had revenue of $257.86 million for the quarter, compared to analysts’ expectations of $241.17 million. Verra Mobility had a net margin of 5.42% and a return on equity of 60.72%. The firm’s revenue for the quarter was up 16.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.33 earnings per share. Verra Mobility has set its FY 2026 guidance at 1.320-1.380 EPS. As a group, analysts expect that Verra Mobility will post 1.08 earnings per share for the current fiscal year.

Verra Mobility Company Profile

(Get Free Report)

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.

Featured Stories

Analyst Recommendations for Verra Mobility (NASDAQ:VRRM)

Receive News & Ratings for Verra Mobility Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Verra Mobility and related companies with MarketBeat.com's FREE daily email newsletter.