Verra Mobility (NASDAQ:VRRM) Releases FY 2025 Earnings Guidance

Verra Mobility (NASDAQ:VRRM) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 1.300-1.350 for the period, compared to the consensus EPS estimate of 1.320. The company issued revenue guidance of $925.0 million-$935.0 million, compared to the consensus revenue estimate of $931.6 million.

Analyst Upgrades and Downgrades

VRRM has been the subject of a number of analyst reports. Baird R W raised Verra Mobility from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 22nd. UBS Group lowered their target price on shares of Verra Mobility from $31.50 to $29.50 and set a “buy” rating for the company in a report on Thursday. Morgan Stanley decreased their price target on shares of Verra Mobility from $25.00 to $23.00 and set an “equal weight” rating for the company in a research report on Thursday, March 27th. Finally, Robert W. Baird lifted their price objective on Verra Mobility from $27.00 to $28.00 and gave the stock an “outperform” rating in a report on Thursday. One investment analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $27.38.

Verra Mobility Stock Up 9.3 %

VRRM opened at $24.28 on Friday. Verra Mobility has a twelve month low of $19.51 and a twelve month high of $31.03. The firm’s 50-day simple moving average is $21.60 and its 200-day simple moving average is $23.67. The company has a debt-to-equity ratio of 2.13, a quick ratio of 2.52 and a current ratio of 2.61. The firm has a market cap of $3.87 billion, a price-to-earnings ratio of 40.47, a PEG ratio of 2.18 and a beta of 0.80.

Verra Mobility (NASDAQ:VRRM) last released its earnings results on Wednesday, May 7th. The company reported $0.30 EPS for the quarter, beating the consensus estimate of $0.29 by $0.01. The firm had revenue of $223.25 million for the quarter, compared to analysts’ expectations of $216.94 million. Verra Mobility had a return on equity of 38.97% and a net margin of 11.64%. The business’s quarterly revenue was up 6.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.27 EPS. Equities research analysts anticipate that Verra Mobility will post 1.08 EPS for the current fiscal year.

About Verra Mobility

Verra Mobility Corporation provides smart mobility technology solutions and services in the United States, Australia, Canada, and Europe. It operates through three segments: Commercial Services, Government Solutions, and Parking Solutions. The Commercial Services segment provides automated toll and violations management, and title and registration services to rental car companies, fleet management companies, and other large fleet owners.