Verra Mobility (NASDAQ:VRRM – Get Free Report) issued its quarterly earnings data on Friday. The company reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.26 by $0.10, FiscalAI reports. The firm had revenue of $258.88 million during the quarter, compared to the consensus estimate of $240.57 million. Verra Mobility had a return on equity of 64.39% and a net margin of 4.40%. The business’s revenue for the quarter was down 1.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.37 EPS.
Verra Mobility Trading Down 16.2%
VRRM stock opened at $2.80 on Friday. The company has a market cap of $425.54 million, a P/E ratio of 11.67 and a beta of 0.42. Verra Mobility has a twelve month low of $2.60 and a twelve month high of $23.72. The company has a quick ratio of 1.96, a current ratio of 2.06 and a debt-to-equity ratio of 4.58. The business has a fifty day moving average of $3.43 and a 200-day moving average of $9.59.
Analyst Ratings Changes
VRRM has been the subject of a number of research analyst reports. Zacks Research raised Verra Mobility from a “strong sell” rating to a “hold” rating in a report on Thursday, August 13th. UBS Group increased their price objective on shares of Verra Mobility from $4.00 to $6.00 and gave the stock a “neutral” rating in a report on Friday, August 7th. Weiss Ratings restated a “sell (d)” rating on shares of Verra Mobility in a research report on Monday, September 14th. Morgan Stanley set a $5.00 target price on shares of Verra Mobility in a research note on Thursday, August 6th. Finally, JPMorgan Chase & Co. reduced their target price on shares of Verra Mobility from $6.00 to $5.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 13th. Nine research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Reduce” and a consensus price target of $6.83.
View Our Latest Research Report on VRRM
Key Headlines Impacting Verra Mobility
Here are the key news stories impacting Verra Mobility this week:
- Positive Sentiment: Verra Mobility earned $0.36 per share, surpassing the $0.26 analyst consensus, while revenue of $258.9 million exceeded estimates of $240.6 million. The quarter also produced $40.4 million in net income and $114.5 million in operating cash flow. Verra Mobility Announces Third Quarter 2026 Financial Results
- Positive Sentiment: Government Solutions delivered a record bookings quarter, excluding the period when Verra Mobility recorded the New York City Department of Transportation contract renewal. Management also reaffirmed its fiscal 2026 guidance, reducing the risk of an immediate outlook cut. Verra Mobility Q3 2026: EPS Beat Amid Leadership Shake-Up
- Neutral Sentiment: Analysts cited an average price target of $6.83, substantially above the recent trading level, but the target reflects expectations that may not yet account for the company’s latest operating and leadership uncertainties. Verra Mobility Corp Stock Has Average Price Target of $6.83 According to Analysts
- Negative Sentiment: Revenue declined 1.2% from the prior-year quarter, and EPS fell from $0.37 to $0.36 despite the consensus beat. The results therefore indicate limited top-line growth and year-over-year earnings pressure. Verra Mobility Surpasses Q3 Earnings and Revenue Estimates
- Negative Sentiment: The board appointed Matthew Kvarda as interim chief financial officer, creating a leadership transition at a time when investors are already concerned about execution. Verra Mobility also provided an update on Commercial Services customer contracts, adding uncertainty around future revenue stability. Verra Mobility Delivers Impressive Q3 but Stock Drops
About Verra Mobility
Verra Mobility Corporation (NASDAQ:VRRM) provides smart mobility technology and services designed to improve transportation safety, efficiency and compliance. The company develops cloud-based solutions that help government agencies, commercial fleets and mobility providers manage transportation-related processes and data.
Its government solutions include automated safety enforcement programs for red-light, speed, school-zone and bus-lane violations, as well as technology supporting school bus safety initiatives.
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