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

24.28USD-0.13 (-0.53%)Market Closed

Market Summary

USD24.28-0.13

Market Closed

-0.53%

VRRM Stock Price

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VRRM RSI Chart

VRRM Valuation

Market Cap

4.1B

Price/Earnings (Trailing)

71.08

Price/Sales (Trailing)

4.96

EV/EBITDA

17.25

Price/Free Cashflow

27.18

VRRM Price/Sales (Trailing)

VRRM Profitability

EBT Margin

10.64%

Return on Equity

13.53%

Return on Assets

3.19%

Free Cashflow Yield

3.68%

VRRM Fundamentals

VRRM Revenue

Revenue (TTM)

817.3M

Rev. Growth (Yr)

13.41%

Rev. Growth (Qtr)

0.51%

VRRM Earnings

Earnings (TTM)

57.0M

Earnings Growth (Yr)

-89.29%

Earnings Growth (Qtr)

-90.03%

Breaking Down VRRM Revenue

Last 7 days

1.5%

Last 30 days

-1.3%

Last 90 days

6.7%

Trailing 12 Months

47.3%

How does VRRM drawdown profile look like?

VRRM Financial Health

Current Ratio

2.05

Debt/Equity

2.44

Debt/Cashflow

0.2

VRRM Investor Care

Shares Dilution (1Y)

11.44%

Diluted EPS (TTM)

0.36

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
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

GRUFITY'S FAIR VALUE MODEL

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

Try For Just $1.99

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
Apr 23, 2024	Louisiana State Employees Retirement System	reduced	-0.96	141,432	2,057,530	0.04%
Apr 23, 2024	ARCADIA INVESTMENT MANAGEMENT CORP/MI	reduced	-25.73	-18,651	77,108	0.01%
Apr 23, 2024	FIFTH THIRD BANCORP	added	4.35	1,113	9,588	-%
Apr 23, 2024	AMALGAMATED BANK	reduced	-22.87	-255,000	1,301,000	0.01%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	319,853	1,701,200	0.01%
Apr 19, 2024	Maryland State Retirement & Pension System	reduced	-0.86	32,142	1,424,210	0.03%
Apr 19, 2024	State of Alaska, Department of Revenue	reduced	-0.98	173,000	2,529,000	0.03%
Apr 19, 2024	Mesirow Financial Investment Management, Inc.	reduced	-23.44	-35,362	351,353	1.75%
Apr 19, 2024	SIMON QUICK ADVISORS, LLC	new	-	275,194	275,194	0.02%
Apr 19, 2024	AMI ASSET MANAGEMENT CORP	reduced	-4.84	68,097	2,213,670	0.11%

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

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
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
Mar 05, 2024	144	Notice of Insider Sale Intent
Mar 05, 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	101.4B	18.6B	-0.31%	14.56%	28.5	5.46	7.76%	13.08%
CTAS	67.6B	9.4B	4.21%	45.50%	44.97	7.18	9.34%	15.98%
CPRT	52.2B	4.1B	-5.42%	38.27%	38.49	12.86	10.52%	25.37%
EFX	27.7B	5.4B	-15.03%	11.71%	49.74	5.18	5.76%	-4.95%
BAH	18.9B	10.3B	-1.12%	51.29%	46.26	1.83	13.90%	-5.05%
ALLE	11.1B	3.7B	-5.34%	23.09%	20.57	3.04	11.58%	17.98%
MID-CAP
RHI	7.5B	6.4B	-10.08%	-1.85%	18.3	1.18	-11.68%	-37.51%
AL	5.7B	2.7B	5.63%	30.86%	9.21	2.11	15.87%	733.47%
SRCL	4.7B	2.7B	-3.97%	19.05%	-218.73	1.75	-1.68%	-137.70%
ABM	2.8B	8.2B	2.27%	6.00%	10.98	0.35	3.98%	33.49%
SMALL-CAP
AZZ	1.9B	2.7B	6.33%	110.13%	21.53	0.69	104.63%	175.67%
ALTG	385.5M	1.9B	-7.84%	-16.60%	43.31	0.21	19.40%	-4.30%
ARC	114.6M	281.2M	1.12%	-11.48%	13.92	0.41	-1.68%	-25.77%
AQMS	58.2M	1.1M	8.33%	-54.78%	-2.43	49.78	336.95%	-55.13%
AWX	8.8M	80.5M	-6.61%	-18.12%	-4.9	0.11	-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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	0.5%	211	210	204	192	186	198	187	170	170	162	129	90.00	100	97.00	80.00	117	112	128	110	98.00	95.00
Costs and Expenses	24.5%	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	110
Operating Expenses	11.7%	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	29.00
S&GA Expenses	72.8%	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	50.00
EBITDA Margin	-15.1%	0.35*	0.41*	0.42*	0.44*	0.45*	0.44*	0.45*	0.43*	0.42*	0.38*	0.38*	0.32*	-	-	-	-	-	-	-	-	-
Interest Expenses	2.3%	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	17.00
Income Taxes	-116.4%	-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	-11.71
Earnings Before Taxes	-97.3%	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	-42.75
EBT Margin	-30.2%	0.11*	0.15*	0.14*	0.16*	0.17*	0.17*	0.18*	0.15*	0.12*	0.06*	0.01*	-0.10*	-	-	-	-	-	-	-	-	-
Net Income	-90.0%	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	-37.95
Net Income Margin	-32.8%	0.07*	0.10*	0.10*	0.11*	0.12*	0.11*	0.12*	0.10*	0.08*	0.02*	-0.02*	-0.10*	-	-	-	-	-	-	-	-	-
Free Cashflow	-63.0%	19.00	52.00	51.00	27.00	57.00	39.00	54.00	20.00	55.00	84.00	24.00	5.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	1.9%	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	1,345
Current Assets	6.9%	440	411	543	332	363	317	348	363	348	372	422	483	328	312	271	266	272	288	235	224	185
Cash Equivalents	19.2%	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	67.00
Inventory	-9.9%	18.00	20.00	20.00	19.00	19.00	18.00	17.00	15.00	12.00	-	-	-	0.00	-	-	-	-	-	-	-	-
Net PPE	4.6%	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	69.00
Goodwill	0.4%	836	833	835	834	833	828	833	838	839	638	56.00	586	586	583	582	582	584	563	565	566	565
Liabilities	1.2%	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	1,043
Current Liabilities	8.7%	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	69.00
Long Term Debt	-0.1%	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	-	860
LT Debt, Current	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	9.00
LT Debt, Non Current	-0.1%	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	-	860
Shareholder's Equity	4.3%	421	404	465	237	231	195	244	276	260	244	316	309	316	326	309	330	310	328	310	305	289
Retained Earnings	2.3%	-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	-113
Additional Paid-In Capital	1.5%	558	549	534	307	305	307	311	313	310	311	379	376	374	374	371	368	347	370	368	347	348
Shares Outstanding	0.1%	167	166	151	149	149	151	155	156	160	159	162	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-42.8%	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	3,205
Share Based Compensation	15.5%	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	-63.2%	-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	-17,878
Cashflow From Financing	100.4%	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	28,340
Buy Backs	-91.9%	8,100	100,000	-	-	-	6,900	55,281	-	-	100,000	-	-	-	-	-	-	-	-	-	-	-

VRRM Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Total revenue	$ 817,310	$ 741,598	$ 550,590
Operating expenses	273,288	226,324	163,370
Selling, general and administrative expenses	198,550	163,133	123,407
Depreciation, amortization and (gain) loss on disposal of assets, net	113,195	140,174	116,801
Total costs and expenses	628,496	576,893	438,724
Income from operations	188,814	164,705	111,866
Interest expense, net	86,701	69,372	44,942
Change in fair value of private placement warrants	24,966	(14,400)	7,600
Tax receivable agreement liability adjustment	(3,077)	(720)	(1,016)
Loss (gain) on interest rate swap	817	(996)	0
Loss (gain) on extinguishment of debt	3,533	(3,005)	5,334
Other income, net	(11,123)	(12,654)	(12,895)
Total other expenses	101,817	37,597	43,965
Income before income taxes	86,997	127,108	67,901
Income tax provision	29,982	34,633	26,452
Net income	57,015	92,475	41,449
Other comprehensive income (loss):
Change in foreign currency translation adjustment	2,689	(7,771)	(5,305)
Total comprehensive income	$ 59,704	$ 84,704	$ 36,144
Net income (loss) per share:
Basic	$ 0.36	$ 0.61	$ 0.26
Diluted	$ 0.36	$ 0.5	$ 0.25
Weighted average shares outstanding:
Basic	158,777	152,848	159,983
Diluted	160,017	159,026	163,778
Service Revenue
Total revenue	$ 783,595	$ 695,218	$ 492,846
Cost of service revenue, excluding depreciation and amortization	18,232	16,330	5,337
Product Sales
Total revenue	33,715	46,380	57,744
Cost of service revenue, excluding depreciation and amortization	$ 25,231	$ 30,932	$ 29,809

VRRM Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 136,309	$ 105,204
Restricted cash	3,413	3,911
Accounts receivable (net of allowance for credit losses of $18.5 million and $15.9 million at December 31, 2023 and 2022, respectively)	197,824	163,786
Unbilled receivables	37,065	30,782
Inventory	17,966	19,307
Prepaid expenses and other current assets	46,961	39,604
Total current assets	439,538	362,594
Installation and service parts, net	22,895	22,923
Property and equipment, net	123,248	109,775
Operating lease assets	33,523	37,593
Intangible assets, net	301,025	377,420
Goodwill	835,835	833,480
Other non-current assets	33,919	12,484
Total assets	1,789,983	1,756,269
Current liabilities:
Accounts payable	78,749	79,869
Deferred revenue	28,788	31,164
Accrued liabilities	93,119	48,847
Tax receivable agreement liability, current portion	5,098	4,994
Current portion of long-term debt	9,019	21,935
Total current liabilities	214,773	186,809
Long-term debt, net of current portion	1,029,113	1,190,045
Operating lease liabilities, net of current portion	29,124	33,362
Tax receivable agreement liability, net of current portion	48,369	50,900
Private placement warrant liabilities	0	24,066
Asset retirement obligation	14,580	12,993
Deferred tax liabilities, net	18,360	21,149
Other long-term liabilities	14,197	5,875
Total liabilities	1,368,516	1,525,199
Commitments and contingencies (Note 16)
Stockholders' equity
Preferred stock, $0.0001 par value, 1,000 shares authorized with no shares issued and outstanding at December 31, 2023 and 2022
Common stock, $0.0001 par value, 260,000 shares authorized with 166,555 and 148,962 shares issued and outstanding at December 31, 2023 and 2022, respectively	17	15
Common stock contingent consideration	0	36,575
Additional paid-in capital	557,513	305,423
Accumulated deficit	(125,887)	(98,078)
Accumulated other comprehensive loss	(10,176)	(12,865)
Total stockholders' equity	421,467	231,070
Total liabilities and stockholders' equity	$ 1,789,983	$ 1,756,269

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 Apr 23 2024, market cap of Verra Mobility Corp is 4.05 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 Apr 23 2024, VRRM's PE ratio (Price to Earnings) is 71.08 and Price to Sales (PS) ratio is 4.96. 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.