Verra Mobility (VRRM) Projected to Post Quarterly Earnings on Thursday

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

Verra Mobility Price Performance

Shares of VRRM opened at $25.84 on Tuesday. The company has a debt-to-equity ratio of 2.13, a current ratio of 2.61 and a quick ratio of 2.52. Verra Mobility has a 1-year low of $20.26 and a 1-year high of $31.03. The stock has a market cap of $4.26 billion, a PE ratio of 43.07, a price-to-earnings-growth ratio of 2.18 and a beta of 1.24. The firm has a fifty day moving average price of $25.31 and a 200 day moving average price of $25.68.

Wall Street Analysts Forecast Growth

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

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.