Verra Mobility (VRRM) Projected to Post Earnings on Thursday

Verra Mobility (NASDAQ:VRRM) is expected to be announcing its earnings results after the market closes on Thursday, February 27th. Analysts expect the company to announce earnings of $0.30 per share and revenue of $220.46 million for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Verra Mobility Price Performance

Shares of NASDAQ VRRM opened at $26.16 on Wednesday. The company has a 50 day simple moving average of $25.36 and a two-hundred day simple moving average of $25.67. Verra Mobility has a fifty-two week low of $20.26 and a fifty-two week high of $31.03. The company has a market capitalization of $4.31 billion, a price-to-earnings ratio of 43.60, a P/E/G ratio of 2.18 and a beta of 1.24. The company has a debt-to-equity ratio of 2.13, a quick ratio of 2.52 and a current ratio of 2.61.

Analyst Ratings Changes

VRRM has been the subject of a number of analyst reports. Morgan Stanley reduced their price objective on Verra Mobility from $26.00 to $25.00 and set an “equal weight” rating for the company in a research report on Wednesday, October 30th. Deutsche Bank Aktiengesellschaft reduced their price target on Verra Mobility from $31.00 to $29.00 and set a “buy” rating for the company in a report on Friday, November 1st. Finally, Robert W. Baird dropped their price target on shares of Verra Mobility from $29.00 to $28.00 and set a “neutral” rating on the stock in a research note on Friday, November 1st.

Verra Mobility Company Profile

Verra Mobility Corporation provides smart mobility technology solutions and services in the United States, Australia, Canada, and Europe. It operates through three segments: Commercial Services, Government Solutions, and Parking Solutions. The Commercial Services segment provides automated toll and violations management, and title and registration services to rental car companies, fleet management companies, and other large fleet owners.