Verra Mobility Corp (NASDAQ:VRRM) Receives $23.50 Consensus PT from Analysts

Shares of Verra Mobility Corp (NASDAQ:VRRM) have earned an average rating of “Hold” from the five ratings firms that are covering the firm, MarketBeat reports. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $23.50.

Several brokerages have weighed in on VRRM. Morgan Stanley cut their price target on Verra Mobility from $24.00 to $20.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 25th. Weiss Ratings restated a “hold (c)” rating on shares of Verra Mobility in a report on Monday, December 29th. Robert W. Baird set a $24.00 price target on Verra Mobility in a report on Wednesday, February 25th. JPMorgan Chase & Co. dropped their price objective on Verra Mobility from $21.00 to $19.00 and set a “neutral” rating on the stock in a report on Thursday, March 26th. Finally, Wall Street Zen upgraded Verra Mobility from a “hold” rating to a “buy” rating in a report on Saturday, April 11th.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Rothschild Investment LLC increased its holdings in shares of Verra Mobility by 238.3% in the 3rd quarter. Rothschild Investment LLC now owns 1,167 shares of the company’s stock valued at $29,000 after acquiring an additional 822 shares during the last quarter. Global Retirement Partners LLC purchased a new position in shares of Verra Mobility in the 4th quarter valued at about $27,000. Caitong International Asset Management Co. Ltd increased its holdings in shares of 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 during the last quarter. EverSource Wealth Advisors LLC increased its holdings 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 valued at $38,000 after acquiring an additional 1,217 shares during the last quarter. Finally, Salomon & Ludwin LLC increased its holdings in shares of Verra Mobility by 100.7% in the 4th quarter. Salomon & Ludwin LLC now owns 1,497 shares of the company’s stock valued at $34,000 after acquiring an additional 751 shares during the last quarter.

Verra Mobility Price Performance

Shares of NASDAQ VRRM opened at $14.98 on Monday. The stock’s 50-day moving average is $16.11 and its two-hundred day moving average is $20.27. The company has a debt-to-equity ratio of 3.49, a current ratio of 2.10 and a quick ratio of 2.00. Verra Mobility has a 1-year low of $13.84 and a 1-year high of $25.83. The company has a market cap of $2.27 billion, a price-to-earnings ratio of 17.62, a price-to-earnings-growth ratio of 2.44 and a beta of 0.68.

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

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.