Verra Mobility Corp (NASDAQ:VRRM) Given Consensus Recommendation of "Hold" by Brokerages

Key Points

• Analyst consensus: Five analysts give Verra Mobility (NASDAQ:VRRM) an average rating of "Hold" (three holds, two buys) with a 12‑month average price target of $23.50, while recent notes show price‑target cuts by JPMorgan to $19 and Morgan Stanley to $20 and an upgrade to buy from Wall Street Zen.
• Institutional buying: Several large investors have materially increased positions — Norges Bank opened a new ~$68.6M stake and River Road, Morgan Stanley and Goldman Sachs all substantially raised their holdings in the most recent quarters.
• Recent results and valuation: Verra reported Q results of $0.30 EPS (miss) and $257.9M revenue (beat), set FY2026 guidance of 1.320–1.380 EPS, and is trading around $14.50 with a $2.19B market cap and a PE of 17.06.

Shares of Verra Mobility Corp (NASDAQ:VRRM - Get Free Report) have been assigned an average recommendation of "Hold" from the five analysts that are currently covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $23.50.

Several equities analysts recently weighed in on the company. Robert W. Baird set a $24.00 price target on Verra Mobility in a research note on Wednesday, February 25th. Weiss Ratings restated a "hold (c)" rating on shares of Verra Mobility in a research note on Monday, December 29th. Wall Street Zen upgraded Verra Mobility from a "hold" rating to a "buy" rating in a research note on Saturday. JPMorgan Chase & Co. cut their price target on Verra Mobility from $21.00 to $19.00 and set a "neutral" rating for the company in a research note on Thursday, March 26th. Finally, Morgan Stanley cut their price target on Verra Mobility from $24.00 to $20.00 and set an "equal weight" rating for the company in a research note on Wednesday, February 25th.

Hedge Funds Weigh In On Verra Mobility

Several institutional investors and hedge funds have recently modified their holdings of VRRM. Norges Bank purchased a new position in shares of Verra Mobility in the 4th quarter valued at about $68,608,000. River Road Asset Management LLC increased its stake in shares of Verra Mobility by 441.6% in the 4th quarter. River Road Asset Management LLC now owns 2,984,760 shares of the company's stock valued at $66,888,000 after purchasing an additional 2,433,610 shares in the last quarter. Morgan Stanley increased its stake in Verra Mobility by 44.8% during the 4th quarter. Morgan Stanley now owns 4,194,005 shares of the company's stock worth $93,988,000 after buying an additional 1,296,602 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in Verra Mobility by 71.8% during the 4th quarter. Goldman Sachs Group Inc. now owns 2,924,781 shares of the company's stock worth $65,544,000 after buying an additional 1,222,116 shares in the last quarter. Finally, William Blair Investment Management LLC increased its stake in Verra Mobility by 34.7% during the 3rd quarter. William Blair Investment Management LLC now owns 3,479,448 shares of the company's stock worth $85,942,000 after buying an additional 896,564 shares in the last quarter.

Verra Mobility Stock Performance

Shares of VRRM stock opened at $14.50 on Monday. The stock has a market cap of $2.19 billion, a PE ratio of 17.06, a price-to-earnings-growth ratio of 2.36 and a beta of 0.68. The business has a 50-day simple moving average of $16.32 and a 200-day simple moving average of $20.44. The company has a quick ratio of 2.00, a current ratio of 2.10 and a debt-to-equity ratio of 3.49. Verra Mobility has a 52-week low of $13.84 and a 52-week high of $25.83.

Verra Mobility (NASDAQ:VRRM - Get Free Report) last issued its quarterly earnings data on Tuesday, February 24th. The company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.02). The company had revenue of $257.86 million during the quarter, compared to analyst estimates of $241.17 million. Verra Mobility had a net margin of 13.95% and a return on equity of 57.45%. The business's quarterly revenue was up 16.4% compared to the same quarter last year. During the same period last year, the firm earned $0.33 EPS. Verra Mobility has set its FY 2026 guidance at 1.320-1.380 EPS. On average, equities analysts expect that Verra Mobility will post 1.08 EPS for the current 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.

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