Verra Mobility (NASDAQ:VRRM) Hits New 52-Week Low – What’s Next?

Verra Mobility Corp (NASDAQ:VRRM – Get Free Report) hit a new 52-week low during trading on Friday. The company traded as low as $2.60 and last traded at $2.80, with a volume of 13,084,204 shares changing hands. The stock had previously closed at $3.34.

Trending Headlines about Verra Mobility

Here are the key news stories impacting Verra Mobility this week:

  • Positive Sentiment: Verra Mobility earned $0.36 per share, surpassing the $0.26 analyst consensus, while revenue of $258.9 million exceeded estimates of $240.6 million. The quarter also produced $40.4 million in net income and $114.5 million in operating cash flow. Verra Mobility Announces Third Quarter 2026 Financial Results
  • Positive Sentiment: Government Solutions delivered a record bookings quarter, excluding the period when Verra Mobility recorded the New York City Department of Transportation contract renewal. Management also reaffirmed its fiscal 2026 guidance, reducing the risk of an immediate outlook cut. Verra Mobility Q3 2026: EPS Beat Amid Leadership Shake-Up
  • Neutral Sentiment: Analysts cited an average price target of $6.83, substantially above the recent trading level, but the target reflects expectations that may not yet account for the company’s latest operating and leadership uncertainties. Verra Mobility Corp Stock Has Average Price Target of $6.83 According to Analysts
  • Negative Sentiment: Revenue declined 1.2% from the prior-year quarter, and EPS fell from $0.37 to $0.36 despite the consensus beat. The results therefore indicate limited top-line growth and year-over-year earnings pressure. Verra Mobility Surpasses Q3 Earnings and Revenue Estimates
  • Negative Sentiment: The board appointed Matthew Kvarda as interim chief financial officer, creating a leadership transition at a time when investors are already concerned about execution. Verra Mobility also provided an update on Commercial Services customer contracts, adding uncertainty around future revenue stability. Verra Mobility Delivers Impressive Q3 but Stock Drops

Analyst Ratings Changes

Several research firms have recently weighed in on VRRM. UBS Group raised their price target on shares of Verra Mobility from $4.00 to $6.00 and gave the stock a “neutral” rating in a research note on Friday, August 7th. Morgan Stanley set a $5.00 price objective on shares of Verra Mobility in a research note on Thursday, August 6th. Weiss Ratings reiterated a “sell (d)” rating on shares of Verra Mobility in a report on Monday, September 14th. Zacks Research raised shares of Verra Mobility from a “strong sell” rating to a “hold” rating in a research note on Thursday, August 13th. Finally, JPMorgan Chase & Co. lowered their target price on Verra Mobility from $6.00 to $5.00 and set a “neutral” rating on the stock in a report on Tuesday, October 13th. Nine research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Reduce” and a consensus target price of $6.83.

Get Our Latest Report on VRRM

Verra Mobility Stock Performance

The company has a debt-to-equity ratio of 4.58, a quick ratio of 1.96 and a current ratio of 2.06. The firm’s 50-day moving average price is $3.43 and its two-hundred day moving average price is $9.59. The stock has a market cap of $425.54 million, a price-to-earnings ratio of 11.67 and a beta of 0.42.

Verra Mobility (NASDAQ:VRRM – Get Free Report) last issued its earnings results on Friday, October 30th. The company reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of $0.26 by $0.10. The company had revenue of $258.88 million for the quarter, compared to the consensus estimate of $240.57 million. Verra Mobility had a net margin of 4.40% and a return on equity of 64.39%. Verra Mobility’s quarterly revenue was down 1.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.37 earnings per share. On average, analysts expect that Verra Mobility Corp will post 1.10 EPS for the current fiscal year.

Institutional Trading of Verra Mobility

Several institutional investors have recently made changes to their positions in VRRM. Everhart Financial Group Inc. acquired a new stake in shares of Verra Mobility during the 3rd quarter worth about $32,000. Parametrica Management Ltd acquired a new position in Verra Mobility in the third quarter valued at about $37,000. Kure Advisory LLC purchased a new position in Verra Mobility during the third quarter worth about $39,000. HB Wealth Management LLC purchased a new position in Verra Mobility during the second quarter worth about $43,000. Finally, Versant Capital Management Inc boosted its stake in Verra Mobility by 190.4% during the second quarter. Versant Capital Management Inc now owns 10,378 shares of the company’s stock worth $44,000 after buying an additional 6,804 shares during the period.

Verra Mobility Company Profile

(Get Free Report)

Verra Mobility Corporation (NASDAQ:VRRM) provides smart mobility technology and services designed to improve transportation safety, efficiency and compliance. The company develops cloud-based solutions that help government agencies, commercial fleets and mobility providers manage transportation-related processes and data.

Its government solutions include automated safety enforcement programs for red-light, speed, school-zone and bus-lane violations, as well as technology supporting school bus safety initiatives.

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