Verra Mobility Corp (NASDAQ:VRRM – Get Free Report) saw unusually-high trading volume on Thursday . Approximately 5,451,800 shares traded hands during mid-day trading, an increase of 125% from the previous session’s volume of 2,421,309 shares.The stock last traded at $4.0620 and had previously closed at $3.85.
Key Headlines Impacting Verra Mobility
Here are the key news stories impacting Verra Mobility this week:
- Negative Sentiment: Verra Mobility disclosed that Avis Budget Group is ending its contract, creating a large expected revenue and profit hole for 2026 and beyond. Verra Mobility Receives Termination of Agreement Notice From Avis Budget Group
- Negative Sentiment: Robert W. Baird downgraded Verra Mobility to neutral from outperform and cut its price target to $8 from $20, reflecting weaker confidence in the outlook. Baird Downgrades Verra Mobility to Neutral
- Negative Sentiment: JPMorgan and CJS Securities also turned more cautious on the stock, adding to the negative sentiment from analysts after the Avis news. Analyst downgrade coverage
- Negative Sentiment: Law firms including Hagens Berman, Ademi LLP, Levi & Korsinsky, Holzer & Holzer, Johnson Fistel, and Block & Leviton announced investigations into possible securities law violations tied to the company’s disclosures and the contract loss. Shareholder Alert: Ademi LLP Investigates Claims of Securities Fraud against Verra Mobility Corporation
Wall Street Analyst Weigh In
VRRM has been the topic of a number of recent analyst reports. UBS Group downgraded shares of Verra Mobility from a “buy” rating to a “neutral” rating and set a $4.00 target price on the stock. in a research note on Thursday. Weiss Ratings downgraded shares of Verra Mobility from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, May 4th. William Blair downgraded shares of Verra Mobility from an “outperform” rating to a “market perform” rating in a research note on Wednesday. Morgan Stanley set a $4.00 target price on shares of Verra Mobility in a research note on Wednesday. Finally, JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a $8.00 target price (down from $17.00) on shares of Verra Mobility in a research note on Wednesday. Seven equities research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus price target of $7.17.
Verra Mobility Price Performance
The business’s 50 day moving average is $14.16 and its two-hundred day moving average is $18.25. The firm has a market capitalization of $623.89 million, a PE ratio of 5.01, a P/E/G ratio of 2.64 and a beta of 0.67. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.89 and a quick ratio of 1.77.
Verra Mobility (NASDAQ:VRRM – Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $0.25 EPS for the quarter, meeting analysts’ consensus estimates of $0.25. Verra Mobility had a net margin of 13.38% and a return on equity of 55.59%. The business had revenue of $223.57 million for the quarter, compared to analysts’ expectations of $223.34 million. During the same period last year, the business earned $0.30 earnings per share. The business’s quarterly revenue was up .1% on a year-over-year basis. Verra Mobility has set its FY 2026 guidance at 1.320-1.380 EPS. As a group, research analysts anticipate that Verra Mobility Corp will post 1.22 EPS for the current year.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of VRRM. Global Retirement Partners LLC bought a new position in Verra Mobility during the fourth quarter valued at approximately $27,000. Caitong International Asset Management Co. Ltd grew 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 valued at $28,000 after acquiring an additional 1,142 shares during the last quarter. Rothschild Investment LLC grew its position in Verra Mobility by 238.3% during the third 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 last quarter. Salomon & Ludwin LLC grew 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 valued at $34,000 after acquiring an additional 751 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew 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 valued at $38,000 after acquiring an additional 1,217 shares during the last quarter.
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.
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