Verra Mobility (NASDAQ:VRRM) Issues FY 2026 Earnings Guidance

Verra Mobility (NASDAQ:VRRMGet Free Report) updated its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 1.190-1.250 for the period, compared to the consensus EPS estimate of 1.330. The company issued revenue guidance of $985.0 million-$995.0 million, compared to the consensus revenue estimate of $1.0 billion.

Verra Mobility Stock Performance

NASDAQ:VRRM opened at $4.39 on Thursday. The company’s 50-day moving average price is $10.16 and its 200-day moving average price is $15.77. The company has a current ratio of 1.89, a quick ratio of 1.77 and a debt-to-equity ratio of 3.76. The company has a market cap of $666.88 million, a P/E ratio of 5.35 and a beta of 0.43. Verra Mobility has a twelve month low of $3.40 and a twelve month high of $25.83.

Verra Mobility (NASDAQ:VRRMGet Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $0.25 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.25. The company had revenue of $223.57 million during the quarter, compared to analysts’ expectations of $223.34 million. Verra Mobility had a net margin of 13.38% and a return on equity of 55.59%. Verra Mobility’s revenue was up .1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.30 EPS. Verra Mobility has set its FY 2026 guidance at 1.320-1.380 EPS. On average, sell-side analysts forecast that Verra Mobility will post 1.08 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on VRRM. William Blair lowered Verra Mobility from an “outperform” rating to a “market perform” rating in a research report on Wednesday, May 27th. Northcoast Research reiterated a “neutral” rating on shares of Verra Mobility in a research report on Wednesday, May 27th. Wall Street Zen lowered Verra Mobility from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Weiss Ratings cut Verra Mobility from a “sell (d+)” rating to a “sell (d)” rating in a report on Wednesday, June 17th. Finally, UBS Group lowered Verra Mobility from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $23.00 to $4.00 in a report on Thursday, May 28th. Seven analysts have rated the stock with a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, Verra Mobility presently has a consensus rating of “Reduce” and an average target price of $6.83.

Get Our Latest Stock Report on VRRM

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Hedge Funds Weigh In On Verra Mobility

Institutional investors have recently modified their holdings of the business. Global Retirement Partners LLC acquired a new stake in Verra Mobility in 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% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,260 shares of the company’s stock worth $28,000 after buying an additional 1,142 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in shares of 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 buying an additional 1,217 shares during the period. Osaic Holdings Inc. raised its holdings in 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 acquiring an additional 2,255 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its holdings in Verra Mobility by 46.7% in the second quarter. Smartleaf Asset Management LLC now owns 3,414 shares of the company’s stock valued at $87,000 after acquiring an additional 1,087 shares in the last quarter.

About Verra Mobility

(Get Free Report)

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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