In the last three months, 5 analysts have published ratings on Verra Mobility VRRM, offering a diverse range of perspectives from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 0 | 4 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 2 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 1 | 0 | 1 | 0 | 0 |
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $28.0, along with a high estimate of $31.00 and a low estimate of $25.00. Marking an increase of 5.26%, the current average surpasses the previous average price target of $26.60.
Understanding Analyst Ratings: A Comprehensive Breakdown
An in-depth analysis of recent analyst actions unveils how financial experts perceive Verra Mobility. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| David Koning | Baird | Lowers | Neutral | $28.00 | $29.00 |
| James Faucette | Morgan Stanley | Lowers | Equal-Weight | $25.00 | $26.00 |
| David Koning | Baird | Raises | Neutral | $29.00 | $28.00 |
| Faiza Alwy | Deutsche Bank | Raises | Buy | $31.00 | $28.00 |
| James Faucette | Morgan Stanley | Raises | Equal-Weight | $27.00 | $22.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Verra Mobility. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Verra Mobility compared to the broader market.
- Price Targets: Delving into movements, analysts provide estimates for the future value of Verra Mobility's stock. This analysis reveals shifts in analysts' expectations over time.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Verra Mobility's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on Verra Mobility analyst ratings.
Get to Know Verra Mobility Better
Verra Mobility Corp provides smart transportation solutions. The company develops and uses technology and data intelligence to help make transportation safer and easier. It operates in three segments namely Commercial Services, Government Solutions, and Parking Solutions. It generates maximum revenue from the Commercial Services segment. The commercial Services segment delivers tolling and violation management services to rental car companies, commercial fleet vehicle owners, and violation issuing authorities.
Breaking Down Verra Mobility's Financial Performance
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Revenue Growth: Over the 3 months period, Verra Mobility showcased positive performance, achieving a revenue growth rate of 8.79% as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Industrials sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Verra Mobility's net margin excels beyond industry benchmarks, reaching 15.39%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Verra Mobility's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 7.71% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Verra Mobility's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 1.93%, the company showcases efficient use of assets and strong financial health.
Debt Management: With a high debt-to-equity ratio of 2.44, Verra Mobility faces challenges in effectively managing its debt levels, indicating potential financial strain.
The Basics of Analyst Ratings
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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