On Tuesday, Verra Mobility Corp (NASDAQ: VRRM) opened higher 0.19% from the last session, before settling in for the closing price of $26.34. Price fluctuations for VRRM have ranged from $18.76 to $31.03 over the past 52 weeks.
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A company in the Industrials sector has jumped its sales by 18.75% annually for the last half of the decade. Company’s average yearly earnings per share was noted 11.18% at the time writing. With a float of $160.29 million, this company’s outstanding shares have now reached $166.56 million.
In an organization with 1788 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 85.21%, operating margin of 23.43%, and the pretax margin is 15.18%.
Verra Mobility Corp (VRRM) Insider Updates
A key investor’s attitude towards the stock of the Infrastructure Operations industry is another important factor to consider. The insider ownership of Verra Mobility Corp is 2.65%, while institutional ownership is 102.30%. The most recent insider transaction that took place on Aug 13 ’24, was worth 672,910. In this transaction CFO of this company sold 25,000 shares at a rate of $26.92, taking the stock ownership to the 47,210 shares. Before that another transaction happened on Aug 13 ’24, when Company’s President and CEO sold 129,018 for $27.00, making the entire transaction worth $3,483,980. This insider now owns 673,290 shares in total.
Verra Mobility Corp (VRRM) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.29 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.27) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.31 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 11.18% per share during the next fiscal year.
Verra Mobility Corp (NASDAQ: VRRM) Trading Performance Indicators
Check out the current performance indicators for Verra Mobility Corp (VRRM). In the past quarter, the stock posted a quick ratio of 2.44. 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 37.35.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.57, a number that is poised to hit 0.32 in the next quarter and is forecasted to reach 1.39 in one year’s time.
Technical Analysis of Verra Mobility Corp (VRRM)
Let’s dig in a bit further. During the last 5-days, its volume was 0.74 million. That was inferior than the volume of 1.04 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 14.43%. Additionally, its Average True Range was 0.60.
During the past 100 days, Verra Mobility Corp’s (VRRM) raw stochastic average was set at 31.86%, which indicates a significant increase from 17.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.75% in the past 14 days, which was lower than the 26.21% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $27.17, while its 200-day Moving Average is $25.91. However, in the short run, Verra Mobility Corp’s stock first resistance to watch stands at $26.52. Second resistance stands at $26.64. The third major resistance level sits at $26.86. If the price goes on to break the first support level at $26.18, it is likely to go to the next support level at $25.96. Assuming the price breaks the second support level, the third support level stands at $25.84.
Verra Mobility Corp (NASDAQ: VRRM) Key Stats
There are currently 164,659K shares outstanding in the company with a market cap of 4.35 billion. Presently, the company’s annual sales total 817,310 K according to its annual income of 57,020 K. Last quarter, the company’s sales amounted to 222,430 K and its income totaled 34,220 K.
