Verra Mobility (VRRM) Projected to Post Earnings on Thursday

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

Verra Mobility Stock Performance

Shares of NASDAQ VRRM opened at $26.16 on Wednesday. Verra Mobility has a 12-month low of $20.26 and a 12-month high of $31.03. The firm has a market capitalization of $4.31 billion, a price-to-earnings ratio of 43.60, a price-to-earnings-growth ratio of 2.18 and a beta of 1.24. 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 firm has a 50 day moving average of $25.36 and a 200 day moving average of $25.67.

Analyst Ratings Changes

A number of brokerages have recently issued reports on VRRM. Deutsche Bank Aktiengesellschaft cut their price objective on shares of 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 cut their price target on Verra Mobility from $29.00 to $28.00 and set a “neutral” rating for the company in a report on Friday, November 1st. Finally, Morgan Stanley decreased their price objective on Verra Mobility from $26.00 to $25.00 and set an “equal weight” rating on the stock in a research note on Wednesday, October 30th.

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.