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 guidance of 1.300-1.350 for the period, compared to the consensus earnings per share 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.

Verra Mobility Stock Performance

Shares of Verra Mobility stock opened at $22.89 on Friday. The firm has a market cap of $3.77 billion, a price-to-earnings ratio of 38.15, a price-to-earnings-growth ratio of 2.18 and a beta of 1.24. The stock’s 50-day moving average is $25.46 and its 200-day moving average is $25.67. Verra Mobility has a one year low of $20.26 and a one year high of $31.03. The company has a debt-to-equity ratio of 2.13, a current ratio of 2.61 and a quick ratio of 2.52.

Analysts Set New Price Targets

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