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AMC   7.66 (-3.16%)
PFE   32.00 (-1.23%)
PYPL   56.77 (-3.67%)
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NASDAQ:VRRM

Verra Mobility (VRRM) Stock Forecast, Price & News

$18.59
+0.02 (+0.11%)
(As of 01:52 PM ET)
Compare
Today's Range
$18.49
▼
$18.79
50-Day Range
$17.48
▼
$21.07
52-Week Range
$12.76
▼
$21.54
Volume
358,533 shs
Average Volume
1.64 million shs
Market Capitalization
$3.15 billion
P/E Ratio
42.25
Dividend Yield
N/A
Price Target
$20.00
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media

Verra Mobility MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
7.1% Upside
$20.00 Price Target
Short Interest
Healthy
2.43% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.34mentions of Verra Mobility in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$723,109 Sold Last Quarter
Proj. Earnings Growth
9.09%
From $0.99 to $1.08 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.87 out of 5 stars

Industrial Products Sector

144th out of 178 stocks

Transportation Services Industry

14th out of 17 stocks

See Top Rated MarketRank™ Stocks Here

VRRM stock logo

About Verra Mobility (NASDAQ:VRRM) Stock

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. The Government Solutions segment offers automated safety solutions to national, state, and local government agencies, including services and technologies that enable photo enforcement through road safety cameras to detect and process traffic violations for red-light, speed, school bus, and city bus lanes. This segment serves municipalities, counties, school districts, and law enforcement agencies. The Parking Solutions segment provides an integrated suite of parking software and hardware solutions to universities, municipalities, parking operators, healthcare facilities, and transportation hubs. The company was incorporated in 2016 and is headquartered in Mesa, Arizona.

VRRM Price History

VRRM Stock News Headlines

September 25, 2023 | finance.yahoo.com
Returns At Verra Mobility (NASDAQ:VRRM) Are On The Way Up
September 10, 2023 | fool.com
Verra Mobility (NASDAQ: VRRM)
September 27, 2023 | Edge On The Street (Ad)
Is Gold Really Boring?
Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks.
September 4, 2023 | seekingalpha.com
Verra Mobility Is Addressing My Problems With Them
September 1, 2023 | markets.businessinsider.com
Robert W. Baird Sticks to Their Hold Rating for Verra Mobility (VRRM)
August 31, 2023 | msn.com
Verra Mobility Corp - (VRRM) Price Target Increased by 5.26% to 23.80
August 30, 2023 | sg.finance.yahoo.com
Verra Mobility Corporation (VRRMW)
August 10, 2023 | finance.yahoo.com
Q2 2023 Verra Mobility Corp Earnings Call
September 27, 2023 | Edge On The Street (Ad)
Is Gold Really Boring?
Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks.
August 10, 2023 | finance.yahoo.com
VERRA MOBILITY CORP (VRRM) Surpasses Q2 Earnings and Revenue Estimates
August 9, 2023 | seekingalpha.com
Verra Mobility Corporation 2023 Q2 - Results - Earnings Call Presentation
August 9, 2023 | finance.yahoo.com
Verra Mobility Announces Second Quarter 2023 Financial Results
August 1, 2023 | msn.com
Deutsche Bank Upgrades Verra Mobility Corp - (VRRM)
August 1, 2023 | finance.yahoo.com
4 big analyst picks: 'Tide may be turning' for Sweetgreen, says Piper Sandler
July 31, 2023 | finance.yahoo.com
Verra Mobility Schedules Second Quarter 2023 Earnings Call
July 25, 2023 | finance.yahoo.com
Verra Mobility (NASDAQ:VRRM) shareholders have earned a 24% CAGR over the last three years
July 21, 2023 | msn.com
Baird Maintains Verra Mobility Corp - (VRRM) Neutral Recommendation
July 19, 2023 | finance.yahoo.com
Verra Mobility Appoints Katrina Sevier as Chief People Officer
July 17, 2023 | finance.yahoo.com
Warning! 3 Overbought Stocks to Unload Before It’s Too Late.
June 30, 2023 | finance.yahoo.com
Estimating The Intrinsic Value Of Verra Mobility Corporation (NASDAQ:VRRM)
June 23, 2023 | finance.yahoo.com
Tourlite Capital: “Verra (VRRM) was Well-Positioned Coming Into the Year
June 21, 2023 | cnbc.com
Verra Mobility CEO David Roberts goes one-on-one with Jim Cramer
June 15, 2023 | forbes.com
Verra Mobility
June 15, 2023 | msn.com
Verra Mobility: An Underappreciated Compounder
June 10, 2023 | finance.yahoo.com
Can Verra Mobility Corporation (NASDAQ:VRRM) Maintain Its Strong Returns?
June 8, 2023 | finance.yahoo.com
Should You Consider Adding Verra Mobility Corporation (VRRM) to Your Portfolio?
June 7, 2023 | markets.businessinsider.com
Robert W. Baird Sticks to Its Hold Rating for Verra Mobility (VRRM)
See More Headlines
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VRRM Company Calendar

Last Earnings
8/09/2023
Today
9/27/2023
Next Earnings (Estimated)
11/01/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Transportation services
Sub-Industry
N/A
Sector
Industrial Products
Current Symbol
NASDAQ:VRRM
CUSIP
N/A
CIK
1682745
Web
www.verramobility.com
Phone
(480) 443-7000
Fax
310-209-3310
Employees
1,570
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$20.00
High Stock Price Forecast
$22.00
Low Stock Price Forecast
$18.00
Forecasted Upside/Downside
+7.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$0.44
Trailing P/E Ratio
42.27
Forward P/E Ratio
18.79
P/E Growth
1.87
Net Income
$92.47 million
Net Margins
9.80%
Pretax Margin
14.36%
Return on Equity
54.50%
Return on Assets
8.67%

Debt

Debt-to-Equity Ratio
2.43
Current Ratio
3.00
Quick Ratio
2.89

Sales & Book Value

Annual Sales
$741.60 million
Price / Sales
4.26
Cash Flow
$1.93 per share
Price / Cash Flow
9.63
Book Value
$1.55 per share
Price / Book
12.00

Miscellaneous

Outstanding Shares
169,670,000
Free Float
167,940,000
Market Cap
$3.16 billion
Optionable
Not Optionable
Beta
1.23
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Key Executives

  • Mr. David Martin RobertsMr. David Martin Roberts (Age 52)
    Pres, CEO & Director
    Comp: $1.25M
  • Mr. Craig C. Conti (Age 45)
    Exec. VP & CFO
    Comp: $1.06M
  • Mr. Steven C. Lalla (Age 60)
    Exec. VP of Commercial Services
    Comp: $897.02k
  • Mr. Jonathan Baldwin (Age 48)
    Exec. VP of Gov. Solutions
    Comp: $568k
  • Mr. Norman P. Blake III (Age 49)
    Pres of T2 Systems
    Comp: $543.91k
  • Mr. Jason Rivera
    Chief Technology Officer
  • Mr. Mark Zindler
    VP of Investor Relations
  • Mr. Jon Keyser (Age 41)
    Exec. VP & Chief Legal Officer
  • Mr. Mike McMillin
    VP of Corp. Devel. & Strategy
  • Ms. Katrina Kerr Sevier
    Chief People Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













VRRM Stock - Frequently Asked Questions

Should I buy or sell Verra Mobility stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Verra Mobility in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" VRRM shares.
View VRRM analyst ratings or view top-rated stocks.

What is Verra Mobility's stock price forecast for 2023?

4 Wall Street research analysts have issued 12 month price objectives for Verra Mobility's shares. Their VRRM share price forecasts range from $18.00 to $22.00. On average, they expect the company's share price to reach $20.00 in the next year. This suggests a possible upside of 7.5% from the stock's current price.
View analysts price targets for VRRM or view top-rated stocks among Wall Street analysts.

How have VRRM shares performed in 2023?

Verra Mobility's stock was trading at $13.83 at the start of the year. Since then, VRRM shares have increased by 34.5% and is now trading at $18.60.
View the best growth stocks for 2023 here.

Are investors shorting Verra Mobility?

Verra Mobility saw a increase in short interest in September. As of September 15th, there was short interest totaling 7,620,000 shares, an increase of 97.4% from the August 31st total of 3,860,000 shares. Based on an average daily volume of 1,480,000 shares, the days-to-cover ratio is presently 5.1 days. Currently, 4.8% of the shares of the company are sold short.
View Verra Mobility's Short Interest.

When is Verra Mobility's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our VRRM earnings forecast.

How were Verra Mobility's earnings last quarter?

Verra Mobility Co. (NASDAQ:VRRM) issued its quarterly earnings results on Wednesday, August, 9th. The company reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.03. The company earned $204.46 million during the quarter, compared to the consensus estimate of $199.08 million. Verra Mobility had a net margin of 9.80% and a trailing twelve-month return on equity of 54.50%.

What ETFs hold Verra Mobility's stock?

ETFs with the largest weight of Verra Mobility (NASDAQ:VRRM) stock in their portfolio include Putnam Sustainable Future ETF (PFUT), Invesco S&P SmallCap Industrials ETF (PSCI), Pacer US Small Cap Cash Cows Growth Leaders ETF (CAFG), Invesco S&P SmallCap 600 Pure Growth ETF (RZG), First Trust Small Cap Growth AlphaDEX Fund (FYC), iShares S&P Small-Cap 600 Growth ETF (IJT), SPDR S&P 600 Small Cap Growth ETF (SLYG) and Vanguard S&P Small-Cap 600 Growth ETF (VIOG).

What guidance has Verra Mobility issued on next quarter's earnings?

Verra Mobility issued an update on its FY23 earnings guidance on Wednesday, August, 9th. The company provided earnings per share guidance of $1.00-$1.10 for the period, compared to the consensus estimate of $1.08. The company issued revenue guidance of $800-$810 million, compared to the consensus revenue estimate of $792.83 million.

What other stocks do shareholders of Verra Mobility own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Verra Mobility investors own include Inseego (INSG), iCAD (ICAD), Marvell Technology (MRVL), Aptiv (APTV), Invitae (NVTA), Akoustis Technologies (AKTS), JD.com (JD), Micron Technology (MU), NVIDIA (NVDA) and CRISPR Therapeutics (CRSP).

What is Verra Mobility's stock symbol?

Verra Mobility trades on the NASDAQ under the ticker symbol "VRRM."

Who are Verra Mobility's major shareholders?

Verra Mobility's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.08%), Darlington Partners Capital Management LP (6.00%), Mackenzie Financial Corp (4.20%), State Street Corp (3.12%), William Blair Investment Management LLC (3.07%) and Handelsbanken Fonder AB (2.62%). Insiders that own company stock include Craig C Conti, David Martin Roberts, Patricia Chiodo, Platinum Equity Llc, Rebecca Collins and Steve Lalla.
View institutional ownership trends.

How do I buy shares of Verra Mobility?

Shares of VRRM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Verra Mobility's stock price today?

One share of VRRM stock can currently be purchased for approximately $18.60.

How much money does Verra Mobility make?

Verra Mobility (NASDAQ:VRRM) has a market capitalization of $3.16 billion and generates $741.60 million in revenue each year. The company earns $92.47 million in net income (profit) each year or $0.44 on an earnings per share basis.

How many employees does Verra Mobility have?

The company employs 1,570 workers across the globe.

How can I contact Verra Mobility?

Verra Mobility's mailing address is 1150 NORTH ALMA SCHOOL ROAD, MESA AZ, 85201. The official website for the company is www.verramobility.com. The company can be reached via phone at (480) 443-7000, via email at ir@verramobility.com, or via fax at 310-209-3310.

This page (NASDAQ:VRRM) was last updated on 9/27/2023 by MarketBeat.com Staff

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