Verra Mobility (NASDAQ:VRRM – Get Free Report) updated its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 1.320-1.380 for the period, compared to the consensus EPS estimate of 1.320. The company issued revenue guidance of $1.0 billion-$1.0 billion, compared to the consensus revenue estimate of $1.0 billion.
Verra Mobility Trading Up 0.8%
Shares of VRRM traded up $0.14 during trading hours on Tuesday, reaching $18.71. 1,436,564 shares of the company traded hands, compared to its average volume of 1,456,911. The stock’s fifty day moving average price is $20.92 and its 200 day moving average price is $22.65. The company has a current ratio of 2.45, a quick ratio of 2.35 and a debt-to-equity ratio of 2.55. The firm has a market cap of $2.99 billion, a price-to-earnings ratio of 58.47, a PEG ratio of 2.99 and a beta of 0.59. Verra Mobility has a 12-month low of $17.08 and a 12-month high of $26.38.
Verra Mobility (NASDAQ:VRRM – Get Free Report) last released its quarterly earnings data on Tuesday, February 24th. The company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.02). Verra Mobility had a return on equity of 60.72% and a net margin of 5.42%.The firm had revenue of $257.86 million for the quarter, compared to analysts’ expectations of $241.17 million. During the same quarter in the previous year, the business earned $0.33 earnings per share. The company’s revenue for the quarter was up 16.4% compared to the same quarter last year. Verra Mobility has set its FY 2026 guidance at 1.320-1.380 EPS. Sell-side analysts forecast that Verra Mobility will post 1.08 earnings per share for the current year.
Analysts Set New Price Targets
Check Out Our Latest Analysis on Verra Mobility
Institutional Investors Weigh In On Verra Mobility
Institutional investors have recently bought and sold shares of the company. Global Retirement Partners LLC purchased a new stake in 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% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,260 shares of the company’s stock valued at $28,000 after purchasing an additional 1,142 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of Verra Mobility by 439.4% in the second quarter. EverSource Wealth Advisors LLC now owns 1,494 shares of the company’s stock valued at $38,000 after purchasing an additional 1,217 shares during the last quarter. Osaic Holdings Inc. increased its holdings in shares of Verra Mobility by 285.8% in the second quarter. Osaic Holdings Inc. now owns 3,044 shares of the company’s stock valued at $72,000 after purchasing an additional 2,255 shares during the last quarter. Finally, Smartleaf Asset Management LLC lifted its position in Verra Mobility by 46.7% during the second quarter. Smartleaf Asset Management LLC now owns 3,414 shares of the company’s stock worth $87,000 after buying an additional 1,087 shares in the last quarter.
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.
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