Verra Mobility (NASDAQ:VRRM) Issues FY 2026 Earnings Guidance

Verra Mobility (NASDAQ:VRRM) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 1.110-1.170 for the period, compared to the consensus estimate of 1.130. The company issued revenue guidance of $945.0 million-$965.0 million, compared to the consensus revenue estimate of $962.3 million.

Verra Mobility Trading Up 1.2%

Verra Mobility stock opened at $2.98 on Thursday. Verra Mobility has a one year low of $2.62 and a one year high of $25.45. The company has a market cap of $452.15 million, a price-to-earnings ratio of 11.52 and a beta of 0.42. The company has a debt-to-equity ratio of 4.58, a current ratio of 2.06 and a quick ratio of 1.96. The firm has a 50-day moving average of $3.83 and a 200-day moving average of $7.09.

Verra Mobility (NASDAQ:VRRM) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.38 EPS for the quarter, beating the consensus estimate of $0.33 by $0.05. Verra Mobility had a return on equity of 64.39% and a net margin of 4.40%. The firm had revenue of $263.59 million during the quarter, compared to analysts’ expectations of $254.81 million. During the same period in the prior year, the firm posted $0.34 earnings per share. The business’s quarterly revenue was up 11.7% compared to the same quarter last year. On average, equities analysts expect that Verra Mobility will post 1.11 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Morgan Stanley set a $5.00 price target on Verra Mobility in a report on Thursday, August 6th. Zacks Research upgraded shares of Verra Mobility from a “strong sell” rating to a “hold” rating in a research note on Thursday, August 13th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Verra Mobility in a report on Monday, September 14th. UBS Group upped their price target on shares of Verra Mobility from $4.00 to $6.00 and gave the company a “neutral” rating in a research note on Friday, August 7th. Finally, JPMorgan Chase & Co. lowered their price target on shares of Verra Mobility from $6.00 to $5.00 and set a “neutral” rating on the stock in a report on Tuesday. Nine research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus price target of $6.83.

About Verra Mobility

Verra Mobility Corporation (NASDAQ: VRRM) is a smart mobility technology company that provides solutions designed to make transportation safer, more efficient and easier to manage. Its customers include government agencies, commercial fleets, rental car companies and other organizations that oversee vehicles, roads and transportation programs.

The company’s government solutions include automated traffic enforcement technologies and services, such as systems used to help administer red-light, speed, school-bus-stop-arm and other roadway safety programs.