Verra Mobility (NASDAQ:VRRM) Hits New 12-Month Low – Time to Sell?

Verra Mobility Corp (NASDAQ:VRRM) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $13.02 and last traded at $13.3840, with a volume of 191078 shares changing hands. The stock had previously closed at $14.32.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. JPMorgan Chase & Co. cut their target price on Verra Mobility from $21.00 to $19.00 and set a “neutral” rating on the stock in a research report on Thursday, March 26th. Robert W. Baird set a $20.00 target price on Verra Mobility in a research report on Friday. Weiss Ratings downgraded Verra Mobility from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday. Wall Street Zen downgraded Verra Mobility from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, Morgan Stanley set a $15.00 price target on Verra Mobility in a research report on Thursday. Three analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $21.40.

Verra Mobility Price Performance

The firm has a 50-day simple moving average of $15.11 and a two-hundred day simple moving average of $19.33. The company has a market capitalization of $2.16 billion, a price-to-earnings ratio of 17.44, a P/E/G ratio of 2.38 and a beta of 0.67. The company has a current ratio of 1.89, a quick ratio of 2.00 and a debt-to-equity ratio of 3.76.

Verra Mobility (NASDAQ:VRRM) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $0.25 earnings per share for the quarter, hitting the consensus estimate of $0.25. The company had revenue of $223.57 million for the quarter, compared to the consensus estimate of $223.34 million. Verra Mobility had a return on equity of 55.59% and a net margin of 13.38%.The firm’s revenue for the quarter was up .1% compared to the same quarter last year. During the same period last year, the firm earned $0.30 EPS. Verra Mobility has set its FY 2026 guidance at 1.320-1.380 EPS. As a group, analysts predict that Verra Mobility Corp will post 1.23 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Verra Mobility

A number of institutional investors have recently modified their holdings of VRRM. Global Retirement Partners LLC acquired a new stake in shares of Verra Mobility during the 4th quarter valued at about $27,000. Caitong International Asset Management Co. Ltd grew its position in shares of Verra Mobility by 967.8% during 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 period. Rothschild Investment LLC grew its position in shares of Verra Mobility by 238.3% during 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 period. Salomon & Ludwin LLC grew its position in shares of Verra Mobility by 100.7% during 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 period. Finally, EverSource Wealth Advisors LLC grew its position in shares of Verra Mobility by 439.4% during 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 period.

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.