Verra Mobility Sees Unusually Large Options Volume (NASDAQ:VRRM)

Verra Mobility Corp (NASDAQ:VRRM) saw unusually large options trading activity on Wednesday. Stock investors purchased 2,031 call options on the stock. This is an increase of 443% compared to the average volume of 374 call options.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on VRRM shares. William Blair cut shares of Verra Mobility from an “outperform” rating to a “market perform” rating in a report on Wednesday. JPMorgan Chase & Co. reissued an “underweight” rating and set a $8.00 price target (down from $17.00) on shares of Verra Mobility in a report on Wednesday. CJS Securities cut Verra Mobility from a “market outperform” rating to a “market perform” rating and set a $10.00 price target on the stock. in a research report on Wednesday. Robert W. Baird reaffirmed a “neutral” rating and set a $8.00 price objective (down from $20.00) on shares of Verra Mobility in a research note on Wednesday. Finally, Northcoast Research reaffirmed a “neutral” rating on shares of Verra Mobility in a research report on Wednesday. One equities research analyst has rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and an average target price of $13.50.

Institutional Investors Weigh In On Verra Mobility

A number of institutional investors have recently added to or reduced their stakes in VRRM. Global Retirement Partners LLC acquired a new position in Verra Mobility during the 4th quarter worth approximately $27,000. Caitong International Asset Management Co. Ltd lifted its holdings in shares of Verra Mobility by 967.8% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,260 shares of the company’s stock valued at $28,000 after buying an additional 1,142 shares during the period. Rothschild Investment LLC lifted its holdings in shares of Verra Mobility by 238.3% in the 3rd quarter. Rothschild Investment LLC now owns 1,167 shares of the company’s stock valued at $29,000 after buying an additional 822 shares during the period. Salomon & Ludwin LLC boosted its stake in shares of Verra Mobility by 100.7% in the fourth quarter. Salomon & Ludwin LLC now owns 1,497 shares of the company’s stock valued at $34,000 after buying an additional 751 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its stake in shares of Verra Mobility by 439.4% in the second quarter. EverSource Wealth Advisors LLC now owns 1,494 shares of the company’s stock valued at $38,000 after buying an additional 1,217 shares in the last quarter.

Verra Mobility Stock Performance

VRRM traded down $9.36 during trading on Wednesday, hitting $3.72. The stock had a trading volume of 18,176,446 shares, compared to its average volume of 1,799,812. The firm has a market capitalization of $564.79 million, a P/E ratio of 4.41, a PEG ratio of 2.72 and a beta of 0.67. The company has a debt-to-equity ratio of 3.76, a quick ratio of 1.77 and a current ratio of 1.89. Verra Mobility has a twelve month low of $3.60 and a twelve month high of $25.83. The company’s 50-day moving average price is $14.39 and its 200 day moving average price is $18.38.

Verra Mobility (NASDAQ:VRRM) last released its earnings results on Wednesday, May 6th. The company reported $0.25 EPS for the quarter, hitting the consensus estimate of $0.25. The company had revenue of $223.57 million during the quarter, compared to analysts’ expectations of $223.34 million. Verra Mobility had a net margin of 13.38% and a return on equity of 55.59%. The business’s revenue was up .1% on a year-over-year basis. During the same quarter last year, the business earned $0.30 EPS. Verra Mobility has set its FY 2026 guidance at 1.320-1.380 EPS. On average, equities research analysts forecast that Verra Mobility will post 1.22 EPS for the current fiscal year.

Verra Mobility Company Profile

Verra Mobility, traded on the Nasdaq under the ticker VRRM, is a leading provider of smart mobility solutions designed to improve safety, efficiency and compliance for transportation authorities and commercial fleets. The company develops and operates automated traffic enforcement systems, toll and violation management platforms, and connected-vehicle services. Through its technology offerings, Verra Mobility helps public agencies enhance road safety, reduce congestion and streamline revenue collection for tolling and parking.

Verra Mobility’s core products include red-light and speed-camera enforcement programs, license plate recognition systems, and cloud-based violation processing software.