Verra Mobility Corp (NASDAQ: VRRM) has a price-to-earnings ratio that is above its average at 66.63x. The stock has a 36-month beta value of 1.15. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for VRRM is 162.03M, and at present, short sellers hold a 2.21% of that float. On April 19, 2024, the average trading volume of VRRM was 1.08M shares.
VRRM) stock’s latest price update
Verra Mobility Corp (NASDAQ: VRRM) has experienced a decline in its stock price by -1.18 compared to its previous closing price of 23.72. However, the company has seen a fall of -4.95% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-10 that Investors interested in stocks from the Security and Safety Services sector have probably already heard of Assa Abloy AB (ASAZY) and VERRA MOBILITY CORP (VRRM). But which of these two stocks presents investors with the better value opportunity right now?
VRRM’s Market Performance
Verra Mobility Corp (VRRM) has experienced a -4.95% fall in stock performance for the past week, with a -2.78% drop in the past month, and a 5.11% rise in the past quarter. The volatility ratio for the week is 2.38%, and the volatility levels for the past 30 days are at 2.40% for VRRM. The simple moving average for the last 20 days is -4.63% for VRRM’s stock, with a simple moving average of 11.09% for the last 200 days.
Analysts’ Opinion of VRRM
Many brokerage firms have already submitted their reports for VRRM stocks, with UBS repeating the rating for VRRM by listing it as a “Buy.” The predicted price for VRRM in the upcoming period, according to UBS is $25 based on the research report published on October 20, 2023 of the previous year 2023.
Deutsche Bank, on the other hand, stated in their research note that they expect to see VRRM reach a price target of $26, previously predicting the price at $21. The rating they have provided for VRRM stocks is “Buy” according to the report published on July 31st, 2023.
Robert W. Baird gave a rating of “Neutral” to VRRM, setting the target price at $18 in the report published on July 13th of the previous year.
VRRM Trading at 0.64% from the 50-Day Moving Average
After a stumble in the market that brought VRRM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -8.33% of loss for the given period.
Volatility was left at 2.40%, however, over the last 30 days, the volatility rate increased by 2.38%, as shares sank -3.18% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.84% upper at present.
During the last 5 trading sessions, VRRM fell by -4.95%, which changed the moving average for the period of 200-days by +18.92% in comparison to the 20-day moving average, which settled at $24.54. In addition, Verra Mobility Corp saw 1.78% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at VRRM starting from REXFORD JOHN H, who sale 10,000 shares at the price of $22.82 back on Mar 12 ’24. After this action, REXFORD JOHN H now owns 41,275 shares of Verra Mobility Corp, valued at $228,190 using the latest closing price.
Keyser Jonathan, the Chief Legal Officer of Verra Mobility Corp, sale 7,789 shares at $22.41 during a trade that took place back on Mar 04 ’24, which means that Keyser Jonathan is holding 0 shares at $174,551 based on the most recent closing price.
Stock Fundamentals for VRRM
Current profitability levels for the company are sitting at:
- 0.23 for the present operating margin
- 0.91 for the gross margin
The net margin for Verra Mobility Corp stands at 0.07. The total capital return value is set at 0.12. Equity return is now at value 17.47, with 3.22 for asset returns.
Based on Verra Mobility Corp (VRRM), the company’s capital structure generated 0.71 points at debt to capital in total, while cash flow to debt ratio is standing at 0.2. The debt to equity ratio resting at 2.48. The interest coverage ratio of the stock is 2.18.
Currently, EBITDA for the company is 303.4 million with net debt to EBITDA at 2.97. When we switch over and look at the enterprise to sales, we see a ratio of 5.9. The receivables turnover for the company is 3.48for trailing twelve months and the total asset turnover is 0.46. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.05.
Conclusion
To sum up, Verra Mobility Corp (VRRM) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
