VRRM - Verra Mobility Corp Stock Price, Fair Value and News

26.70USD+0.19 (+0.72%)Delayed as of 08 May 2024, 03:05 pm ET

Market Summary

USD26.70+0.19

Delayedas of 08 May 2024, 03:05 pm

0.72%

VRRM Alerts

Big jump in Earnings (Y/Y)

VRRM Stock Price

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VRRM RSI Chart

VRRM Valuation

Market Cap

4.4B

Price/Earnings (Trailing)

54.11

Price/Sales (Trailing)

5.29

EV/EBITDA

17.27

Price/Free Cashflow

31.02

VRRM Price/Sales (Trailing)

VRRM Profitability

EBT Margin

13.60%

Return on Equity

18.17%

Return on Assets

4.61%

Free Cashflow Yield

3.22%

VRRM Fundamentals

VRRM Revenue

Revenue (TTM)

835.1M

Rev. Growth (Yr)

9.29%

Rev. Growth (Qtr)

-0.61%

VRRM Earnings

Earnings (TTM)

81.6M

Earnings Growth (Yr)

536.86%

Earnings Growth (Qtr)

864.56%

Breaking Down VRRM Revenue

52 Week Range

17.0426.81

(Low)(High)

Last 7 days

12.5%

Last 30 days

8.5%

Last 90 days

19.6%

Trailing 12 Months

52.7%

How does VRRM drawdown profile look like?

VRRM Financial Health

Current Ratio

2.75

Debt/Equity

2.31

Debt/Cashflow

0.19

VRRM Investor Care

Shares Dilution (1Y)

10.73%

Diluted EPS (TTM)

0.5

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	835.1M	0	0	0
2023	763.1M	780.1M	792.4M	817.3M
2022	631.1M	689.9M	725.5M	741.6M
2021	366.7M	415.6M	480.8M	550.6M
2020	467.0M	437.2M	405.9M	393.6M
2019	399.4M	410.7M	431.4M	448.7M
2018	0	286.7M	338.2M	370.1M
2017	0	0	0	0

Get all data in R, Python etc through our Historical Stock Data APIs

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Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Verra Mobility Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 12, 2024	rexford john h	sold	-228,190	22.819	-10,000	-
Mar 05, 2024	roberts david martin	acquired	-	-	9,569	president and ceo
Mar 05, 2024	roberts david martin	sold (taxes)	-56,484	21.6	-2,615	president and ceo
Mar 04, 2024	roberts david martin	sold (taxes)	-623,760	22.16	-28,148	president and ceo
Mar 04, 2024	lalla steve	acquired	-	-	6,209	evp commercial services
Mar 04, 2024	roberts david martin	acquired	-	-	9,131	president and ceo
Mar 04, 2024	roberts david martin	acquired	-	-	93,867	president and ceo
Mar 04, 2024	keyser jonathan	sold	-174,551	22.41	-7,789	chief legal officer
Mar 04, 2024	lalla steve	sold (taxes)	-155,031	22.16	-6,996	evp commercial services
Mar 04, 2024	lalla steve	acquired	-	-	22,528	evp commercial services

Which funds bought or sold VRRM recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 06, 2024	Advisory Services Network, LLC	sold off	-100	-11,745	-	-%
May 06, 2024	HighTower Advisors, LLC	new	-	509,000	509,000	-%
May 06, 2024	DiNuzzo Private Wealth, Inc.	unchanged	-	41.00	525	-%
May 06, 2024	TEXAS PERMANENT SCHOOL FUND CORP	added	1.35	327,033	3,634,530	0.03%
May 06, 2024	TEACHER RETIREMENT SYSTEM OF TEXAS	reduced	-43.49	-143,000	228,000	-%
May 06, 2024	Jefferies Financial Group Inc.	sold off	-100	-230,197	-	-%
May 06, 2024	SG Americas Securities, LLC	reduced	-3.19	6,000	121,000	-%
May 06, 2024	Quantbot Technologies LP	sold off	-100	-293,057	-	-%
May 03, 2024	SIGNATUREFD, LLC	unchanged	-	968	12,460	-%
May 03, 2024	GSA CAPITAL PARTNERS LLP	sold off	-100	-906,000	-	-%

Are Funds Buying or Selling VRRM?

Are funds buying VRRM calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own VRRM

No. of Funds

VRRM Alerts

Big jump in Earnings (Y/Y)

Unveiling Verra Mobility Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	10.36%	17,235,167	SC 13G/A
Feb 01, 2024	darlington partners capital management, lp	4.9%	8,136,993	SC 13G/A
Jan 23, 2024	blackrock inc.	14.4%	23,932,470	SC 13G/A
Sep 05, 2023	platinum equity, llc	1.9%	3,235,165	SC 13G/A
Aug 11, 2023	inclusive capital partners, l.p.	3.6%	6,099,115	SC 13D/A
Aug 04, 2023	platinum equity, llc	5.3%	8,235,165	SC 13G
Mar 10, 2023	vanguard group inc	10.93%	16,375,397	SC 13G/A
Mar 08, 2023	blackrock inc.	14.6%	21,913,572	SC 13G/A
Feb 14, 2023	darlington partners capital management, lp	6.4%	9,537,546	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G/A

Recent SEC filings of Verra Mobility Corp

View All Filings

Date Filed	Form Type	Document
May 02, 2024	10-Q	Quarterly Report
May 02, 2024	8-K	Current Report
Apr 08, 2024	ARS	ARS
Apr 08, 2024	DEF 14A	DEF 14A
Apr 08, 2024	DEFA14A	DEFA14A
Mar 15, 2024	4/A	Insider Trading
Mar 13, 2024	4	Insider Trading
Mar 12, 2024	144	Notice of Insider Sale Intent
Mar 06, 2024	4	Insider Trading
Mar 06, 2024	4	Insider Trading

Peers (Alternatives to Verra Mobility Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ADP	100.3B	18.9B	0.11%	14.39%	27.12	5.3	7.08%	13.46%
CTAS	70.3B	9.4B	2.80%	50.48%	46.74	7.47	9.34%	15.98%
CPRT	53.8B	4.1B	-1.08%	40.87%	39.65	13.25	10.52%	25.37%
EFX	29.3B	5.4B	-7.58%	18.00%	52.46	5.47	5.76%	-4.95%
BAH	19.6B	10.3B	3.10%	65.53%	47.98	1.9	13.90%	-5.05%
ALLE	10.9B	3.6B	-6.04%	15.52%	20.1	3	4.33%	10.69%
MID-CAP
RHI	7.3B	6.2B	-7.07%	4.18%	20.81	1.19	-13.83%	-42.32%
AL	5.3B	2.7B	-5.44%	27.24%	9.12	1.96	15.08%	16.51%
SRCL	4.4B	2.6B	-8.57%	7.98%	-225.16	1.66	-3.11%	-123.81%
ABM	2.8B	8.2B	0.27%	4.61%	10.88	0.34	3.98%	33.49%
SMALL-CAP
AZZ	1.9B	2.7B	-2.99%	111.86%	18.84	0.71	104.63%	188.16%
ALTG	387.8M	1.9B	-8.23%	-12.51%	43.57	0.21	19.40%	-4.30%
ARC	114.2M	281.2M	0.74%	-1.09%	13.87	0.41	-1.68%	-25.77%
AQMS	54.9M	1.1M	-27.94%	-56.25%	-2.29	49.78	336.95%	-55.13%
AWX	8.3M	80.5M	-3.03%	-16.10%	-4.62	0.1	-0.82%	-207.00%

Verra Mobility Corp News

Latest updates

Verra Mobility Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-0.6%	210	211	210	204	192	186	198	187	170	170	162	129	90.00	100	97.00	80.00	117	112	128	110	98.00
Costs and Expenses	-17.2%	155	188	151	148	142	144	152	142	138	133	120	97.00	88.00	90.00	82.00	87.00	97.00	88.00	92.00	92.00	80.00
Operating Expenses	-8.2%	71.00	77.00	69.00	66.00	62.00	60.00	61.00	55.00	51.00	48.00	48.00	36.00	30.00	30.00	27.00	27.00	32.00	32.00	33.00	32.00	29.00
S&GA Expenses	-34.1%	48.00	73.00	42.00	43.00	40.00	40.00	41.00	40.00	42.00	37.00	32.00	26.00	28.00	25.00	18.00	21.00	26.00	23.00	21.00	21.00	21.00
EBITDA Margin	4.7%	0.37*	0.35*	0.41*	0.42*	0.44*	0.45*	0.44*	0.45*	0.43*	0.42*	0.38*	0.38*	-	-	-	-	-	-	-	-	-
Interest Expenses	-5.9%	20.00	21.00	20.00	23.00	23.00	20.00	20.00	14.00	14.00	12.00	12.00	12.00	9.00	9.00	10.00	10.00	12.00	14.00	15.00	16.00	16.00
Income Taxes	621.9%	10.00	-1.88	11.00	13.00	8.00	7.00	8.00	13.00	7.00	9.00	11.00	9.00	-2.89	2.00	4.00	-4.02	3.00	4.00	7.00	2.00	1.00
Earnings Before Taxes	3318.6%	39.00	1.00	42.00	32.00	12.00	35.00	33.00	42.00	17.00	28.00	39.00	13.00	-11.80	-11.83	15.00	-27.75	25.00	-3.26	24.00	5.00	4.00
EBT Margin	27.7%	0.14*	0.11*	0.15*	0.14*	0.16*	0.17*	0.17*	0.18*	0.15*	0.12*	0.06*	0.01*	-	-	-	-	-	-	-	-	-
Net Income	864.6%	29.00	3.00	30.00	19.00	5.00	28.00	25.00	30.00	10.00	19.00	27.00	4.00	-8.91	-14.08	11.00	-23.72	22.00	10.00	17.00	-4.01	-5.98
Net Income Margin	40.0%	0.10*	0.07*	0.10*	0.10*	0.11*	0.12*	0.11*	0.12*	0.10*	0.08*	0.02*	-0.02*	-	-	-	-	-	-	-	-	-
Free Cashflow	4.2%	20.00	19.00	52.00	51.00	27.00	57.00	39.00	54.00	20.00	55.00	84.00	24.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-1.1%	1,770	1,790	1,756	1,906	1,711	1,756	1,718	1,780	1,824	1,837	1,482	1,559	1,497	1,367	1,372	1,355	1,374	1,407	1,376	1,346	1,366
Current Assets	-0.2%	439	440	411	543	332	363	317	348	363	348	372	422	483	328	312	271	266	272	288	235	224
Cash Equivalents	12.4%	153	136	114	210	64.00	105	56.00	91.00	97.00	101	128	147	250	121	130	114	115	132	138	94.00	93.00
Inventory	-3.7%	17.00	18.00	20.00	20.00	19.00	19.00	18.00	17.00	15.00	12.00	-	-	-	0.00	-	-	-	-	-	-	-
Net PPE	3.0%	127	123	118	114	111	110	105	103	99.00	96.00	96.00	94.00	68.00	70.00	73.00	74.00	74.00	72.00	69.00	66.00	72.00
Goodwill	-0.1%	835	836	833	835	834	833	828	833	838	839	638	56.00	586	586	583	582	582	584	563	565	566
Liabilities	-3.5%	1,321	1,369	1,352	1,441	1,474	1,525	1,523	1,536	1,549	1,577	1,238	1,243	1,189	1,052	1,046	1,046	1,044	1,098	1,048	1,037	1,061
Current Liabilities	-25.8%	159	215	198	181	169	187	161	166	154	175	117	107	70.00	64.00	72.00	65.00	72.00	105	90.00	79.00	92.00
Long Term Debt	0.8%	1,038	1,029	1,030	1,130	1,141	1,190	1,204	1,205	1,206	1,207	965	966	966	833	834	834	836	838	858	859	-
LT Debt, Current	-100.0%	-	9.00	9.00	9.00	9.00	22.00	9.00	12.00	12.00	37.00	9.00	9.00	7.00	9.00	9.00	9.00	9.00	29.00	9.00	9.00	9.00
LT Debt, Non Current	-100.0%	-	1,029	1,030	1,130	1,141	1,190	1,204	1,205	1,206	1,207	965	966	966	833	834	834	836	838	858	859	-
Shareholder's Equity	6.5%	449	421	404	465	237	231	195	244	276	260	244	316	309	316	326	309	330	310	328	310	305
Retained Earnings	24.6%	-94.95	-125	-128	-74.39	-93.50	-98.08	-128	-90.85	-71.38	-81.42	-100	-99.77	-103	-94.85	-80.77	-91.85	-68.13	-89.58	-89.40	-107	-110
Additional Paid-In Capital	0.0%	557	558	549	534	307	305	307	311	313	310	311	379	376	374	374	371	368	347	370	368	347
Shares Outstanding	0.0%	167	167	166	151	149	149	151	155	156	160	159	162	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	3,271	-	-	-	2,395,635	-	-	-	2,104	-	-	-	1,366	-	-	-	1,476	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-3.9%	34,332	35,730	62,444	62,710	45,217	69,561	52,401	65,128	31,247	63,887	91,806	28,465	9,013	2,559	21,807	7,702	14,841	38,216	49,805	8,430	37,351
Share Based Compensation	8.3%	5,558	5,130	4,443	4,525	3,378	3,007	4,644	4,566	4,446	3,600	3,703	3,573	2,908	3,397	3,153	3,271	2,768	2,586	2,471	2,812	2,143
Cashflow From Investing	16.0%	-13,937	-16,597	-10,168	-11,941	-19,584	-12,158	-13,135	-11,434	-11,865	-353,558	-7,310	-111,454	-3,648	-5,903	-3,998	-6,121	-8,131	-37,495	-3,300	-5,011	-9,167
Cashflow From Financing	-1056.0%	-6,281	657	-146,359	94,535	-66,626	-5,407	-73,008	-57,865	-28,652	263,387	-101,695	-16,885	123,915	-6,055	-2,448	-2,417	-23,084	-7,394	-2,422	-2,391	-2,313
Buy Backs	-100.0%	-	8,100	100,000	-	-	-	6,900	55,281	-	-	100,000	-	-	-	-	-	-	-	-	-	-

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VRRM Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Total revenue	$ 209,730	$ 191,903
Operating expenses	70,640	61,843
Selling, general and administrative expenses	48,171	40,013
Depreciation, amortization and (gain) loss on disposal of assets, net	26,975	30,333
Total costs and expenses	155,377	141,802
Income from operations	54,353	50,101
Interest expense, net	19,635	22,687
Change in fair value of private placement warrants	0	14,601
(Gain) loss on interest rate swap	(396)	2,798
Loss on extinguishment of debt	595	1,349
Other income, net	(4,453)	(3,756)
Total other expenses	15,381	37,679
Income before income taxes	38,972	12,422
Income tax provision	9,823	7,845
Net income	29,149	4,577
Other comprehensive loss:
Change in foreign currency translation adjustment	(3,260)	(90)
Total comprehensive income (loss)	$ 25,889	$ 4,487
Net income per share:
Basic	$ 0.18	$ 0.03
Diluted	$ 0.17	$ 0.03
Weighted average shares outstanding:
Basic	166,241	149,165
Diluted	168,726	153,129
Service Revenue
Total revenue	$ 202,721	$ 184,698
Cost of revenue	4,305	4,230
Product Sales
Total revenue	7,009	7,205
Cost of revenue	$ 5,286	$ 5,383

VRRM Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 149,520	$ 136,309
Restricted cash	3,708	3,413
Accounts receivable (net of allowance for credit losses of $20.6 million and $18.5 million at March 31, 2024 and December 31, 2023, respectively)	181,961	197,824
Unbilled receivables	43,323	37,065
Inventory	17,298	17,966
Prepaid expenses and other current assets	42,772	46,961
Total current assets	438,582	439,538
Installation and service parts, net	21,844	22,895
Property and equipment, net	126,975	123,248
Operating lease assets	31,599	33,523
Intangible assets, net	283,412	301,025
Goodwill	834,591	835,835
Other non-current assets	32,855	33,919
Total assets	1,769,858	1,789,983
Current liabilities:
Accounts payable	75,573	78,749
Deferred revenue	24,707	28,788
Accrued liabilities	54,067	93,119
Tax receivable agreement liability, current portion	5,098	5,098
Current portion of long-term debt	0	9,019
Total current liabilities	159,445	214,773
Long-term debt, net of current portion	1,037,700	1,029,113
Operating lease liabilities, net of current portion	27,702	29,124
Tax receivable agreement liability, net of current portion	48,369	48,369
Asset retirement obligation	14,980	14,580
Deferred tax liabilities, net	17,536	18,360
Other long-term liabilities	15,131	14,197
Total liabilities	1,320,863	1,368,516
Commitments and contingencies (Note 13)
Stockholders' equity
Preferred stock, $0.0001 par value, 1,000 shares authorized with no shares issued and outstanding at March 31, 2024 and December 31, 2023	0	0
Common stock, $0.0001 par value, 260,000 shares authorized with 166,516 and 166,555 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively	17	17
Additional paid-in capital	557,363	557,513
Accumulated deficit	(94,949)	(125,887)
Accumulated other comprehensive loss	(13,436)	(10,176)
Total stockholders' equity	448,995	421,467
Total liabilities and stockholders' equity	$ 1,769,858	$ 1,789,983

About Verra Mobility Corp

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 agencies, including services and technologies that enable photo enforcement through road safety cameras to detect and process traffic violations for red-light, speed, school bus, and city bus lanes. This segment serves municipalities, counties, school districts, and law enforcement agencies. The Parking Solutions segment provides an integrated suite of parking software and hardware solutions to universities, municipalities, parking operators, healthcare facilities, and transportation hubs. The company was incorporated in 2016 and is headquartered in Mesa, Arizona.

CEO	Mr. David Martin Roberts
WEBSITE	verramobility.com
INDUSTRY	Information Technology Services
EMPLOYEES	1396

Verra Mobility Corp Frequently Asked Questions

What is the ticker symbol for Verra Mobility Corp? What does VRRM stand for in stocks?

VRRM is the stock ticker symbol of Verra Mobility Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Verra Mobility Corp (VRRM)?

As of Tue May 07 2024, market cap of Verra Mobility Corp is 4.41 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of VRRM stock?

You can check VRRM's fair value in chart for subscribers.

What is the fair value of VRRM stock?

You can check VRRM's fair value in chart for subscribers. The fair value of Verra Mobility Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Verra Mobility Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for VRRM so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Verra Mobility Corp a good stock to buy?

The fair value guage provides a quick view whether VRRM is over valued or under valued. Whether Verra Mobility Corp is cheap or expensive depends on the assumptions which impact Verra Mobility Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for VRRM.

What is Verra Mobility Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, VRRM's PE ratio (Price to Earnings) is 54.11 and Price to Sales (PS) ratio is 5.29. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. VRRM PE ratio will change depending on the future growth rate expectations of investors.