Verra Mobility Corporation (VRRM)
Market Cap | 4.53B |
Revenue (ttm) | 835.14M |
Net Income (ttm) | 81.59M |
Shares Out | 166.53M |
EPS (ttm) | 0.50 |
PE Ratio | 54.44 |
Forward PE | 21.89 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 719,490 |
Open | 26.87 |
Previous Close | 26.83 |
Day's Range | 26.69 - 27.24 |
52-Week Range | 17.04 - 28.46 |
Beta | 1.22 |
Analysts | Buy |
Price Target | 22.67 (-16.72%) |
Earnings Date | Aug 7, 2024 |
About VRRM
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. The Government Solutions segment offers automated safety solutions to national, state, and local government ... [Read more]
Financial Performance
In 2023, Verra Mobility's revenue was $817.31 million, an increase of 10.21% compared to the previous year's $741.60 million. Earnings were $57.02 million, a decrease of -38.35%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for VRRM stock is "Buy." The 12-month stock price forecast is $22.67, which is a decrease of -16.72% from the latest price.
News
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New Urban Mobility Technology Study finds 93% of U.S. cities are preparing for driverless vehicles within five years
Verra Mobility polled city technology leaders who shared how they are turning to technology to navigate revolutionary transportation trends such as AI, EVs, and connected vehicles while improving road...
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Verra Mobility and Hayden AI partner to facilitate automated bus lane and bus stop enforcement
Safety, privacy, and innovation are key components to partnership MESA, Ariz. , June 25, 2024 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technolog...
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Verra Mobility partners with Bluedot to offer electric vehicle charging capabilities to fleets
Partnership alleviates some of the challenges that fleets must navigate in the electrification of vehicles such as range, battery limitations and automated payments solutions MESA, Ariz. , June 18, 20...
Verra Mobility (VRRM) CEO on Smart Mobility
Verra Mobility (VRRM) provides automated toll and violations management, title, and registration services. CEO David Roberts joins Oliver Renick to give an overview of the company and discuss smart mo...
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Verra Mobility receives Great Place To Work Certification™ for third year in a row
82% of U.S. employees say Verra Mobility is a great place to work compared to just 57% of employees at a typical U.S.-based company MESA, Ariz. , May 30, 2024 /PRNewswire/ -- Verra Mobility Corporatio...
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Verra Mobility to participate in two investor conferences in June 2024
MESA, Ariz. , May 23, 2024 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today that it will participate in two upcomi...
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Verra Mobility partners with Florida's Polk County Public Schools to help protect students' safety on school buses
More than 500 buses to be equipped with safety camera technology MESA, Ariz. , May 8, 2024 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology so...
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Verra Mobility Announces First Quarter 2024 Financial Results
Total revenue of $209.7 million Net income of $29.1 million Generated cash flows from operations of $34.3 million Increasing 2024 financial guidance MESA, Ariz. , May 2, 2024 /PRNewswire/ -- Verra Mob...
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Verra Mobility Schedules First Quarter 2024 Earnings Call
MESA, Ariz. , April 23, 2024 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today that it will report financial results...
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Glancy Prongay & Murray LLP Announces Investigation of Verra Mobility Corporation (VRRM) (f/k/a Gores Holdings II, Inc.)
NEW YORK--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Verra Mobility Corporation (Nasdaq: VRRM) (f/k/a Gores Holdings II, Inc.) concerning the Company and its d...
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Verra Mobility appoints Cate Prescott as Chief People Officer
MESA, Ariz. , April 22, 2024 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, today announced the appointment of Cate Prescott as t...
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Verra Mobility Joins Connected Vehicle Systems Alliance (COVESA)
Verra Mobility will take an active role in the development of open standards and technology for connected vehicles as part of trusted global alliance of automotive experts MESA, Ariz. , April 9, 2024 ...
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SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of Verra Mobility Corporation (NASDAQ: VRRM)
NEW YORK , April 1, 2024 /PRNewswire/ -- Purcell & Lefkowitz LLP announces that it is investigating Verra Mobility Corporation (NASDAQ: VRRM) on behalf of the company's shareholders. The investigatio...
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VRRM LOSS ALERT: ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Verra Mobility Corporation Investors to Inquire About Securities Class Action Investigation - VRRM
NEW YORK , March 5, 2024 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Verra Mobility ...
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ROSEN, SKILLED INVESTOR COUNSEL, Encourages Verra Mobility Corporation Investors to Inquire About Securities Class Action Investigation – VRRM
NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Verra Mobility Corporation (NA...
Verra Mobility CEO discusses how 'smart mobility' makes cities safer
Verra Mobility president and CEO David Roberts joins 'The Exchange' to discuss innovations in smart mobility, David's outlook for the future of mobility, and more.
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Verra Mobility to Participate in the Morgan Stanley Technology, Media & Telecom Conference
MESA, Ariz. , March 1, 2024 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today that David Roberts, President and Chie...
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Verra Mobility Announces Fourth Quarter and Full Year 2023 Financial Results
Full year 2023 revenue of $817.3 million Full year 2023 net income of $57.0 million Full year 2023 cash flows from operations of $206.1 million MESA, Ariz. , Feb. 29, 2024 /PRNewswire/ -- Verra Mobili...
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Verra Mobility partners with Florida community to deliver school zone safety solutions
Program aims to change driver behavior to slow down in school zones MESA, Ariz. , Feb. 27, 2024 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility solution...
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Verra Mobility Schedules Fourth Quarter 2023 Earnings Call
MESA, Ariz. , Feb. 22, 2024 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today that it will report financial results ...
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Verra Mobility Announces Appointment of Raj Ratnakar to Its Board of Directors
Mr. Ratnakar brings decades of experience leading corporate strategy and M&A for large industrial and technology companies. MESA, Ariz.
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Verra Mobility Releases Inaugural Corporate Responsibility Report
Report details company's strategy built on three core responsibility focus areas: Planet, People and Governance MESA, Ariz. , Jan. 29, 2024 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a...
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Thanksgiving weekend traffic data shows red-light running is most prevalent on Wednesdays
More speeding violations occur on Thanksgiving Day during the holiday weekend - the busiest travel period of the year MESA, Ariz., Nov. 21, 2023 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRR...
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Verra Mobility to Participate at the UBS Global Technology Conference
MESA, Ariz., Nov. 20, 2023 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today that David Roberts, President and Chief...
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54% of Americans Think the Average Driver is Worse than Before the Pandemic, According to Verra Mobility Survey
40% feel less safe on the road than they did before the pandemic began in 2020 Survey of 2,000 U.S. drivers aged 25+ looked at vehicle ownership and perceptions around commuting and public transportat...