Verra Mobility Corp (NASDAQ: VRRM) kicked off on Tuesday, up 1.13% from the previous trading day ,before settling in for the closing price of $24.77. Over the past 52 weeks, VRRM has traded in a range of $16.22-$25.57.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 18.75%. While this was happening, its average annual earnings per share was recorded 9.36%. With a float of $161.55 million, this company’s outstanding shares have now reached $166.56 million.
Considering the fact that the conglomerate employs 1788 people, you should pay attention to its efficiency factor.
Verra Mobility Corp (VRRM) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Infrastructure Operations Industry. The insider ownership of Verra Mobility Corp is 2.69%, while institutional ownership is 99.86%. The most recent insider transaction that took place on Mar 12 ’24, was worth 228,190. In this transaction Director of this company sold 10,000 shares at a rate of $22.82, taking the stock ownership to the 41,275 shares. Before that another transaction happened on Mar 04 ’24, when Company’s Chief Legal Officer sold 7,789 for $22.41, making the entire transaction worth $174,551. This insider now owns 0 shares in total.
Verra Mobility Corp (VRRM) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 12/30/2023, the organization reported $0.24 earnings per share (EPS), lower than consensus estimate (set at $0.25) by -$0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.3 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 9.36% per share during the next fiscal year.
Verra Mobility Corp (NASDAQ: VRRM) Trading Performance Indicators
Take a look at Verra Mobility Corp’s (VRRM) current performance indicators. Last quarter, stock had a quick ratio of 1.95. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.09. Likewise, its price to free cash flow for the trailing twelve months is 28.07.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.35, a number that is poised to hit 0.26 in the next quarter and is forecasted to reach 1.36 in one year’s time.
Technical Analysis of Verra Mobility Corp (VRRM)
Compared to the last year’s volume of 1.11 million, its volume of 0.98 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 44.67%. Additionally, its Average True Range was 0.62.
During the past 100 days, Verra Mobility Corp’s (VRRM) raw stochastic average was set at 91.25%, which indicates a significant increase from 69.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.29% in the past 14 days, which was lower than the 25.47% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $23.20, while its 200-day Moving Average is $20.95. Nevertheless, the first resistance level for the watch stands at $25.25 in the near term. At $25.46, the stock is likely to face the second major resistance level. The third major resistance level sits at $25.78. If the price goes on to break the first support level at $24.72, it is likely to go to the next support level at $24.40. Should the price break the second support level, the third support level stands at $24.19.
Verra Mobility Corp (NASDAQ: VRRM) Key Stats
The company with the Market Capitalisation of 4.16 billion has total of 166,021K Shares Outstanding. Its annual sales at the moment are 817,310 K in contrast with the sum of 57,020 K annual income. Company’s last quarter sales were recorded 211,010 K and last quarter income was 3,020 K.
