Verra Mobility Corp (NASDAQ:VRRM) Short Interest Update

Key Points

• Short interest in Verra Mobility rose 17.8% in March to 5,047,061 shares, equal to 3.4% of the float and a short-interest ratio of 3.7 days.
• For the quarter ended Feb. 24 the company reported EPS of $0.30 (missing consensus by $0.02) while revenue of $257.86M beat estimates and grew 16.4% year-over-year; management set FY2026 guidance of 1.320–1.380 EPS.
• Shares trade near $14.31 with a market cap of about $2.17B and a P/E of ~16.8; analysts have an average rating of Hold and an average target price of $23.50.

Verra Mobility Corp (NASDAQ:VRRM - Get Free Report) was the target of a significant growth in short interest in the month of March. As of March 13th, there was short interest totaling 5,047,061 shares, a growth of 17.8% from the February 26th total of 4,284,945 shares. Based on an average daily trading volume, of 1,367,571 shares, the short-interest ratio is presently 3.7 days. Currently, 3.4% of the shares of the company are sold short.

Verra Mobility Price Performance

Shares of VRRM traded up $0.17 during mid-day trading on Tuesday, hitting $14.31. The company's stock had a trading volume of 423,603 shares, compared to its average volume of 1,619,059. The company has a current ratio of 2.10, a quick ratio of 2.00 and a debt-to-equity ratio of 3.49. Verra Mobility has a 1-year low of $13.84 and a 1-year high of $25.83. The firm has a market capitalization of $2.17 billion, a P/E ratio of 16.81, a P/E/G ratio of 2.26 and a beta of 0.60. The firm has a 50-day simple moving average of $17.43 and a 200 day simple moving average of $21.06.

Verra Mobility (NASDAQ:VRRM - Get Free Report) last released 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). Verra Mobility had a return on equity of 57.45% and a net margin of 13.95%.The business had revenue of $257.86 million during the quarter, compared to analysts' expectations of $241.17 million. During the same quarter in the previous year, the company posted $0.33 EPS. The company's revenue 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 predict that Verra Mobility will post 1.08 EPS for the current fiscal year.

Institutional Trading of Verra Mobility

Hedge funds and other institutional investors have recently made changes to their positions in the stock. State of Wyoming boosted its stake in shares of Verra Mobility by 1.5% in the third quarter. State of Wyoming now owns 31,483 shares of the company's stock valued at $778,000 after purchasing an additional 454 shares during the period. Smartleaf Asset Management LLC increased its stake in Verra Mobility by 14.9% during the 3rd quarter. Smartleaf Asset Management LLC now owns 3,922 shares of the company's stock worth $97,000 after buying an additional 508 shares during the period. Victory Capital Management Inc. increased its stake in Verra Mobility by 1.1% during the 3rd quarter. Victory Capital Management Inc. now owns 45,583 shares of the company's stock worth $1,126,000 after buying an additional 511 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in Verra Mobility by 35.2% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 2,020 shares of the company's stock worth $50,000 after buying an additional 526 shares in the last quarter. Finally, Nisa Investment Advisors LLC lifted its holdings in Verra Mobility by 9.7% in the 3rd quarter. Nisa Investment Advisors LLC now owns 6,522 shares of the company's stock worth $161,000 after buying an additional 574 shares in the last quarter.

Wall Street Analyst Weigh In

Several analysts have commented on VRRM shares. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Verra Mobility in a research note on Monday, December 29th. Robert W. Baird set a $24.00 target price on Verra Mobility in a report on Wednesday, February 25th. 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. Wall Street Zen downgraded Verra Mobility from a "strong-buy" rating to a "hold" rating in a report on Saturday, February 28th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Verra Mobility from $21.00 to $19.00 and set a "neutral" rating on the stock in a research note on Thursday, March 26th. Two equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and an average target price of $23.50.

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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