Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Verra Mobility Corp Market Cap
From what 7 stock analysts predict, the share price for Verra Mobility Corp (VRRM) might increase by 23.72% in the next year. This is based on a 12-month average estimation for VRRM. Price targets go from $25 to $33. 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 7 Wall St Analyst ratings. There are 5 buy ratings, 2 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 | $29 | Maintains | Nov 1, 2024 |
| David Koning Baird | Neutral | $28 | Maintains | Nov 1, 2024 |
| James Faucette Morgan Stanley | Equal-Weight | $25 | Maintains | Oct 30, 2024 |
| David Koning Baird | Neutral | $29 | Maintains | Oct 14, 2024 |
| 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 |
When did it IPO
2017
Staff Count
1,581
Country
United States
Sector/Industry
Industrials/Infrastructure Operations
CEO
Mr. David Martin Roberts
Market Cap
$3.91B
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
Fri, 22 Nov 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Verra Mobility Corporation (NASDAQ: VRRM) executives will participate in a fireside chat at the UBS Global Technology and AI Conference on December 3, 2024, at 2:15 PM MT.
Why It Matters - Leadership participation in a major conference can signal confidence and strategic direction, potentially influencing investor perceptions and stock performance for Verra Mobility.
Mon, 11 Nov 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Verra Mobility (NASDAQ: VRRM) reports that the Wednesday before Thanksgiving has the highest red-light violations over the holiday weekend, while Thanksgiving Day has seen the most speeding violations since 2022.
Why It Matters - Increased traffic violations on holidays may lead to higher demand for Verra Mobility's solutions, potentially boosting revenue and impacting stock performance positively.
Wed, 06 Nov 2024
Sentiment - POSITIVE
Source - Benzinga
Summary - Oversold stocks in the industrials sector may present buying opportunities for investors looking for undervalued companies.
Why It Matters - Oversold stocks in the industrials sector indicate potential bargains, suggesting a chance for investors to capitalize on undervalued companies for future gains.
Mon, 04 Nov 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Verra Mobility Corporation (NASDAQ: VRRM) has been named to the Fortune 100 Fastest-Growing Companies list for the second consecutive year, highlighting its growth and market position in smart mobility.
Why It Matters - Verra Mobility's inclusion in the Fortune 100 Fastest-Growing Companies highlights its strong growth and market leadership, potentially boosting investor confidence and stock performance.
Sat, 02 Nov 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - Verra Mobility reported strong 3Q24 results, driven by growth in Commercial Services and Government Solutions, supported by the recovery in domestic travel and expanding government programs.
Why It Matters - Verra Mobility's strong 3Q24 results and growth in key segments indicate healthy demand, while a cheaper valuation enhances potential returns, making it an appealing opportunity for investors.
Thu, 31 Oct 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Verra Mobility Corporation (NASDAQ: VRRM) will hold its Q3 2024 Earnings Conference Call on October 31, 2024, at 5:00 PM ET, featuring key executives and analysts.
Why It Matters - Verra Mobility's Q3 earnings call indicates upcoming financial performance insights, affecting stock valuation and investor sentiment. Analyst questions may reveal future growth prospects.
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