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

Verra Mobility (NASDAQ:VRRM) updated its FY 2025 earnings guidance on Thursday. 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

Several equities research analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft dropped their price target on Verra Mobility from $31.00 to $29.00 and set a “buy” rating on the stock in a research report on Friday, November 1st. Robert W. Baird cut their target price on Verra Mobility from $29.00 to $28.00 and set a “neutral” rating on the stock in a research report on Friday, November 1st. Finally, Morgan Stanley decreased their price target 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.

Verra Mobility Stock Up 0.2 %

Shares of VRRM stock traded up $0.04 on Thursday, reaching $25.95. 1,008,996 shares of the company’s stock traded hands, compared to its average volume of 1,048,671. The company has a debt-to-equity ratio of 2.13, a quick ratio of 2.52 and a current ratio of 2.61. The company has a market capitalization of $4.28 billion, a P/E ratio of 43.25, a price-to-earnings-growth ratio of 2.18 and a beta of 1.24. The business’s 50 day moving average price is $25.41 and its two-hundred day moving average price is $25.67. Verra Mobility has a 12-month low of $20.26 and a 12-month high of $31.03.

Verra Mobility (NASDAQ:VRRM) last posted its quarterly earnings results on Thursday, February 27th. The company reported $0.30 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.30. Verra Mobility had a net margin of 11.64% and a return on equity of 38.97%. On average, equities analysts forecast that Verra Mobility will post 1.08 earnings per share for the current 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.