Verra Mobility Corp (NASDAQ:VRRM – Get Free Report) saw a large decrease in short interest in September. As of September 30th, there was short interest totaling 7,961,941 shares, a decrease of 44.4% from the September 15th total of 14,332,749 shares. Approximately 5.3% of the company’s shares are short sold. Based on an average daily volume of 8,737,663 shares, the short-interest ratio is currently 0.9 days.
Verra Mobility Trading Down 2.7%
NASDAQ VRRM traded down $0.08 during trading hours on Friday, hitting $2.86. 3,167,262 shares of the company’s stock were exchanged, compared to its average volume of 7,121,071. The business’s 50 day moving average is $3.75 and its 200-day moving average is $6.99. The company has a debt-to-equity ratio of 4.58, a quick ratio of 1.96 and a current ratio of 2.06. Verra Mobility has a 12-month low of $2.62 and a 12-month high of $25.45. The firm has a market capitalization of $434.66 million, a P/E ratio of 11.00 and a beta of 0.42.
Verra Mobility (NASDAQ:VRRM – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.38 EPS for the quarter, beating the consensus estimate of $0.33 by $0.05. Verra Mobility had a return on equity of 64.39% and a net margin of 4.40%. The company had revenue of $263.59 million during the quarter, compared to analysts’ expectations of $254.81 million. During the same quarter in the previous year, the business earned $0.34 EPS. The firm’s revenue was up 11.7% on a year-over-year basis. As a group, analysts anticipate that Verra Mobility will post 1.10 EPS for the current fiscal year.
Hedge Funds Weigh In On Verra Mobility
Trending Headlines about Verra Mobility
Here are the key news stories impacting Verra Mobility this week:
- Positive Sentiment: Verra Mobility reaffirmed its full-year 2026 outlook, calling for adjusted EPS of $1.11-$1.17, compared with the $1.13 analyst consensus. Maintaining guidance reduces concerns about a deterioration in the company’s operating outlook. Verra Mobility Announces CFO Transition
- Neutral Sentiment: CFO Craig Conti will step down on November 4, 2026, to join a private company outside Verra Mobility’s industry. The company has begun a search for his successor and said the transition does not change its full-year outlook. Third-quarter results are scheduled for October 30. Verra Mobility Finance Chief to Step Down; Full-Year 2026 Guidance Reaffirmed
- Negative Sentiment: Full-year 2026 revenue guidance of $945 million-$965 million has a midpoint of $955 million, below the $962.3 million consensus estimate. While the EPS range is broadly in line with expectations, the softer revenue outlook may weigh on investor sentiment. Verra Mobility Announces CFO Transition
- Negative Sentiment: JPMorgan Chase & Co. cut its price target for Verra Mobility, adding to the negative tone around the stock. The reduction suggests the analyst sees less near-term upside, despite the company’s guidance reaffirmation. Verra Mobility Stock Price Target Cut by JPMorgan Chase & Co.
Analysts Set New Price Targets
VRRM has been the subject of a number of analyst reports. JPMorgan Chase & Co. cut their price objective on shares of Verra Mobility from $6.00 to $5.00 and set a “neutral” rating for the company in a research report on Tuesday. Weiss Ratings restated a “sell (d)” rating on shares of Verra Mobility in a research report on Monday, September 14th. Morgan Stanley set a $5.00 target price on shares of Verra Mobility in a research report on Thursday, August 6th. 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, UBS Group boosted their price target on Verra Mobility from $4.00 to $6.00 and gave the company a “neutral” rating in a report on Friday, August 7th. Nine investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Verra Mobility has an average rating of “Reduce” and a consensus target price of $6.83.
Check Out Our Latest Analysis on Verra Mobility
About Verra Mobility
Verra Mobility Corporation (NASDAQ: VRRM) is a smart mobility technology company that provides solutions designed to make transportation safer, more efficient and easier to manage. Its customers include government agencies, commercial fleets, rental car companies and other organizations that oversee vehicles, roads and transportation programs.
The company’s government solutions include automated traffic enforcement technologies and services, such as systems used to help administer red-light, speed, school-bus-stop-arm and other roadway safety programs.
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