Shares of Verra Mobility Corp (NASDAQ:VRRM – Get Free Report) have received an average recommendation of “Reduce” from the ten brokerages that are presently covering the company, Marketbeat.com reports. Three analysts have rated the stock with a sell rating and seven have given a hold rating to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $6.8333.
A number of analysts recently issued reports on the stock. Morgan Stanley set a $4.00 price target on shares of Verra Mobility in a report on Wednesday, May 27th. Zacks Research downgraded shares of Verra Mobility from a “hold” rating to a “strong sell” rating in a report on Monday, June 1st. UBS Group downgraded shares of Verra Mobility from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $23.00 to $4.00 in a report on Thursday, May 28th. Robert W. Baird lowered their price target on shares of Verra Mobility from $8.00 to $6.00 and set a “neutral” rating on the stock in a report on Tuesday, June 2nd. Finally, Wall Street Zen downgraded shares of Verra Mobility from a “buy” rating to a “hold” rating in a report on Saturday, May 9th.
Read Our Latest Stock Analysis on Verra Mobility
Verra Mobility Stock Up 7.4%
Verra Mobility (NASDAQ:VRRM – Get Free Report) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.25 EPS for the quarter, meeting the consensus estimate of $0.25. The business had revenue of $223.57 million for the quarter, compared to the consensus estimate of $223.34 million. Verra Mobility had a net margin of 13.38% and a return on equity of 55.59%. The business’s revenue for the quarter was up .1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.30 EPS. Verra Mobility has set its FY 2026 guidance at 1.320-1.380 EPS. As a group, equities research analysts forecast that Verra Mobility will post 1.08 earnings per share for the current year.
Trending Headlines about Verra Mobility
Here are the key news stories impacting Verra Mobility this week:
- Positive Sentiment: Unusual options activity and heavier-than-normal share trading suggest investors are positioning for a potential rebound or further volatility in Verra Mobility shares.
- Neutral Sentiment: Several law firms issued reminders about upcoming deadlines in the existing securities class action, which keeps the stock in the news but does not add new facts beyond the ongoing lawsuit.
- Neutral Sentiment: Verra Mobility previously updated FY2026 guidance, with EPS and revenue forecasts below Wall Street expectations, reinforcing concerns that growth may be under pressure.
- Negative Sentiment: New legal coverage broadened around the company after the CEO resignation, with allegations tied to the loss of a major customer contract and an internal review of negotiations and confidential information. Article Title
- Negative Sentiment: Multiple investor-rights firms announced or promoted securities fraud class actions for buyers of VRRM stock during the February 24 to May 26 class period, increasing overhang from potential legal liability. Article Title
Institutional Trading of Verra Mobility
Hedge funds have recently added to or reduced their stakes in the company. Global Retirement Partners LLC purchased a new stake in Verra Mobility during the fourth quarter worth $27,000. Caitong International Asset Management Co. Ltd raised its position in Verra Mobility by 967.8% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,260 shares of the company’s stock worth $28,000 after acquiring an additional 1,142 shares during the period. Salomon & Ludwin LLC raised its position in Verra Mobility by 100.7% during the fourth quarter. Salomon & Ludwin LLC now owns 1,497 shares of the company’s stock worth $34,000 after acquiring an additional 751 shares during the period. EverSource Wealth Advisors LLC raised its position in Verra Mobility by 439.4% during the second quarter. EverSource Wealth Advisors LLC now owns 1,494 shares of the company’s stock worth $38,000 after acquiring an additional 1,217 shares during the period. Finally, Neo Ivy Capital Management acquired a new position in Verra Mobility during the third quarter worth $60,000.
About Verra Mobility
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.
Further Reading
- Five stocks we like better than Verra Mobility
- Rocket Lab’s NASA Win Tests Key Support After Sharp Pullback
- AST SpaceMobile Just Nailed a Major Launch—So Why Is the Stock Crashing?
- Palantir’s Valuation Problem Just Met 2 New Growth Catalysts
- Xcel Energy Stock Offers Stability as Electricity Demand Builds
Receive News & Ratings for Verra Mobility Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Verra Mobility and related companies with MarketBeat.com's FREE daily email newsletter.
