Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Verra Mobility Corp Market Cap
From what 1 stock analysts predict, the share price for Verra Mobility Corp (VRRM) might increase by 11.58% in the next year. This is based on a 12-month average estimation for VRRM. Price targets go from $26 to $34.5. The majority of stock analysts believe VRRM is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
Verra Mobility Corp has a total of 1 Wall St Analyst ratings. There are 1 buy ratings, 0 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Verra Mobility Corp will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of VRRM.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Faiza Alwy Deutsche Bank | Buy | $31 | Maintains | Aug 9, 2024 |
| James Faucette Morgan Stanley | Equal-Weight | $27 | Maintains | Aug 6, 2024 |
| James Faucette Morgan Stanley | Equal-Weight | $20 | Maintains | Feb 27, 2024 |
| James Faucette Morgan Stanley | Equal-Weight | $19 | Maintains | Nov 10, 2023 |
| James Faucette Morgan Stanley | Equal-Weight | $18 | Maintains | Aug 10, 2023 |
Deutsche Bank | Buy | Upgrade | Jul 31, 2023 | |
| David Koning Baird | Neutral | $22 | Maintains | Jul 20, 2023 |
| James Faucette Morgan Stanley | Equal-Weight | $17 | Maintains | May 5, 2023 |
| Nik Cremo Credit Suisse | Outperform | $19 | Maintains | Mar 3, 2023 |
| Nik Cremo Credit Suisse | Outperform | $18 | Maintains | Nov 8, 2022 |
| James Faucette Morgan Stanley | Equal-Weight | $16 | Maintains | Nov 3, 2022 |
| James Faucette Morgan Stanley | Equal-Weight | $17 | Maintains | Aug 4, 2022 |
| Faiza Alwy Deutsche Bank | Hold | $19 | Maintains | Jul 20, 2022 |
Baird | Neutral | Downgrade | Jul 13, 2022 | |
| David Koning Baird | Outperform | $18 | Maintains | Jun 9, 2022 |
| James Faucette Morgan Stanley | Equal-Weight | $16 | Maintains | May 10, 2022 |
| Nik Cremo Credit Suisse | Outperform | $20 | Maintains | Apr 25, 2022 |
| Faiza Alwy Deutsche Bank | Hold | $18 | Maintains | Apr 1, 2022 |
Deutsche Bank | Hold | Initiates | Mar 30, 2022 | |
| Nik Cremo Credit Suisse | Outperform | $19 | Maintains | Nov 9, 2021 |
When did it IPO
2017
Staff Count
1,581
Country
United States
Sector/Industry
Industrials/Infrastructure Operations
CEO
Mr. David Martin Roberts
Market Cap
$4.53B
In 2023, VRRM generated $817.3M in revenue, which was a increase of 10.21% from the previous year. This can be seen as a signal that VRRM's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Mon, 09 Sep 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Verra Mobility Corporation (NASDAQ: VRRM) has appointed Harshad Kharche as Senior Vice President of Business Transformation, bringing 15 years of experience from Fortive and Danaher.
Why It Matters - Harshad Kharche's appointment signals Verra Mobility's commitment to enhancing operational efficiency and innovation, potentially driving growth and increasing shareholder value.
Thu, 29 Aug 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Verra Mobility Corporation (NASDAQ: VRRM) appointed Lin Bo as senior vice president of T2 Systems, enhancing its leadership in parking management technology and services.
Why It Matters - Lin Bo's appointment could enhance T2 Systems' strategic direction and innovation in parking management, potentially driving growth and improving Verra Mobility's market position.
Tue, 20 Aug 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Verra Mobility partners with Xtract to enhance its tolling and registration services by integrating near-real-time collision event analysis using connected vehicle data.
Why It Matters - Verra Mobility's partnership with Xtract enhances its service offerings, potentially increasing revenue and market competitiveness, which could positively impact stock performance.
Thu, 08 Aug 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Verra Mobility Corporation (NASDAQ:VRRM) will host its Q2 2024 earnings conference call on August 8, 2024, at 5:00 PM ET, with key executives and analysts participating.
Why It Matters - Earnings calls provide insights into a company's financial performance, future outlook, and management's strategy, influencing investor sentiment and stock valuation.
Thu, 08 Aug 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Verra Mobility Corporation (NASDAQ: VRRM) reported Q2 2024 revenue of $222.4 million, net income of $34.2 million, and operational cash flow of $40.0 million, reaffirming 2024 guidance.
Why It Matters - Verra Mobility's solid revenue and net income, along with reaffirmed 2024 guidance, signal financial stability and growth potential, positively influencing investor confidence and stock performance.
Thu, 08 Aug 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Verra Mobility Corp (VRRM) reported quarterly earnings of $0.31 per share, surpassing the Zacks Consensus Estimate of $0.29 and up from $0.29 per share year-over-year.
Why It Matters - Verra Mobility's earnings beat expectations, indicating strong performance and potential for growth, which can boost investor confidence and influence stock prices positively.
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