In the Green: Verra Mobility Corp (VRRM) Closes at 26.45, Up/Down 0.27 from Previous Day

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In the latest session, Verra Mobility Corp (NASDAQ: VRRM) closed at $26.45 up 0.27% from its previous closing price of $26.38. In other words, the price has increased by $0.27 from its previous closing price. On the day, 0.9 million shares were traded. VRRM stock price reached its highest trading level at $26.68 during the session, while it also had its lowest trading level at $26.24.

Ratios:

For a deeper understanding of Verra Mobility Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 34.73 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 37.44. For the most recent quarter (mrq), Quick Ratio is recorded 2.44 and its Current Ratio is at 2.54. In the meantime, Its Debt-to-Equity ratio is 2.44 whereas as Long-Term Debt/Eq ratio is at 2.42.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, UBS on October 20, 2023, initiated with a Buy rating and assigned the stock a target price of $25.

On July 31, 2023, Deutsche Bank Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $21 to $26.

Robert W. Baird Downgraded its Outperform to Neutral on July 13, 2022, while the target price for the stock was maintained at $18.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 13 ’24 when Conti Craig C sold 25,000 shares for $26.92 per share. The transaction valued at 672,910 led to the insider holds 47,210 shares of the business.

ROBERTS DAVID MARTIN sold 129,018 shares of VRRM for $3,483,980 on Aug 13 ’24. The President and CEO now owns 673,290 shares after completing the transaction at $27.00 per share. On Aug 13 ’24, another insider, CRAIG CONTI, who serves as the Officer of the company, bought 25,000 shares for $26.92 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VRRM now has a Market Capitalization of 4355230720 and an Enterprise Value of 5300363264. As of this moment, Verra’s Price-to-Earnings (P/E) ratio for their current fiscal year is 46.20, and their Forward P/E ratio for the next fiscal year is 19.07. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.16. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.11 while its Price-to-Book (P/B) ratio in mrq is 9.93. Its current Enterprise Value per Revenue stands at 6.213 whereas that against EBITDA is 15.501.

Stock Price History:

Over the past 52 weeks, VRRM has reached a high of $31.03, while it has fallen to a 52-week low of $18.76. The 50-Day Moving Average of the stock is -2.87%, while the 200-Day Moving Average is calculated to be 2.36%.

Shares Statistics:

For the past three months, VRRM has traded an average of 1.02M shares per day and 835000 over the past ten days. A total of 166.56M shares are outstanding, with a floating share count of 160.29M. Insiders hold about 2.65% of the company’s shares, while institutions hold 102.27% stake in the company. Shares short for VRRM as of 1727654400 were 2752459 with a Short Ratio of 2.70, compared to 1724976000 on 2787394. Therefore, it implies a Short% of Shares Outstanding of 2752459 and a Short% of Float of 2.25.

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