Verra Mobility (NASDAQ:VRRM) Updates FY 2025 Earnings Guidance

Verra Mobility (NASDAQ:VRRM) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 1.300-1.350 for the period, compared to the consensus estimate of 1.300. The company issued revenue guidance of $925.0 million-$935.0 million, compared to the consensus revenue estimate of $933.4 million.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on VRRM shares. Deutsche Bank Aktiengesellschaft lowered their price objective on Verra Mobility from $31.00 to $29.00 and set a “buy” rating for the company in a research report on Friday, November 1st. Robert W. Baird reduced their price objective 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. Finally, Morgan Stanley reduced their price target on shares of Verra Mobility from $26.00 to $25.00 and set an “equal weight” rating on the stock in a research report on Wednesday, October 30th.

Verra Mobility Stock Up 0.2 %

Shares of Verra Mobility stock traded up $0.04 during trading on Thursday, reaching $25.95. The stock had a trading volume of 1,008,996 shares, compared to its average volume of 1,048,671. Verra Mobility has a 52 week low of $20.26 and a 52 week high of $31.03. The company has a current ratio of 2.61, a quick ratio of 2.52 and a debt-to-equity ratio of 2.13. The stock has a fifty day moving average price of $25.41 and a two-hundred day moving average price of $25.67. The company has a market capitalization of $4.28 billion, a price-to-earnings ratio of 43.25, a P/E/G ratio of 2.18 and a beta of 1.24.

Verra Mobility (NASDAQ:VRRM) last released its quarterly earnings data on Thursday, February 27th. The company reported $0.30 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.30. Verra Mobility had a return on equity of 38.97% and a net margin of 11.64%. Sell-side analysts predict that Verra Mobility will post 1.08 EPS for the current fiscal year.

About Verra Mobility

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.