Verra Mobility (NASDAQ:VRRM – Get Free Report) updated its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 1.110-1.170 for the period, compared to the consensus EPS estimate of 1.130. The company issued revenue guidance of $945.0 million-$965.0 million, compared to the consensus revenue estimate of $962.3 million.
Verra Mobility Stock Down 2.7%
NASDAQ VRRM traded down $0.08 during trading on Friday, reaching $2.86. 3,167,262 shares of the company’s stock were exchanged, compared to its average volume of 7,121,071. The company has a current ratio of 2.06, a quick ratio of 1.96 and a debt-to-equity ratio of 4.58. Verra Mobility has a fifty-two week low of $2.62 and a fifty-two week high of $25.45. The company’s fifty day simple moving average is $3.75 and its 200-day simple moving average is $6.99. The firm has a market capitalization of $434.66 million, a PE 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 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.05. The business had revenue of $263.59 million during the quarter, compared to analyst estimates of $254.81 million. Verra Mobility had a net margin of 4.40% and a return on equity of 64.39%. The firm’s revenue was up 11.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.34 earnings per share. Sell-side analysts predict that Verra Mobility will post 1.10 EPS for the current year.
Wall Street Analyst Weigh In
A number of analysts recently issued reports on the company. Morgan Stanley set a $5.00 price objective on 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 report on Thursday, August 13th. Weiss Ratings reissued a “sell (d)” rating on shares of Verra Mobility in a research report on Monday, September 14th. UBS Group raised their target price on Verra Mobility from $4.00 to $6.00 and gave the company a “neutral” rating in a report on Friday, August 7th. Finally, JPMorgan Chase & Co. reduced their target price on Verra Mobility from $6.00 to $5.00 and set a “neutral” rating for the company in a report on Tuesday. Nine investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average price target of $6.83.
Read Our Latest Report 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.
Verra Mobility Company Profile
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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