Robert W. Baird analyst David Koning maintained a Hold rating on Verra Mobility (VRRM – Research Report) on August 28 and set a price target of $23.00. The company’s shares closed yesterday at $17.79.
According to TipRanks, Koning is a 4-star analyst with an average return of 3.5% and a 57.31% success rate. Koning covers the Technology sector, focusing on stocks such as Verra Mobility, Toast Inc, and Accenture.
Verra Mobility has an analyst consensus of Moderate Buy, with a price target consensus of $23.00.
See today’s best-performing stocks on TipRanks >>
The company has a one-year high of $21.54 and a one-year low of $12.76. Currently, Verra Mobility has an average volume of 1.27M.
Based on the recent corporate insider activity of 18 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of VRRM in relation to earlier this year. Last month, Conti Craig C, the EVP & CFO of VRRM sold 37,780.00 shares for a total of $723,109.20.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Verra Mobility Corp. engages in the provision of smart mobility technology solutions and services. It operates through the Government Solutions and Commercial Services segments. The Government Solutions segment delivers traffic law enforcement services and products to state and local governments. The Commercial Services segment offers tolling and violation management services to rental car companies, commercial fleet vehicle owners, and violation issuing authorities. The company was founded on August 15, 2016 and is headquartered in Mesa, AZ.
Read More on VRRM:
- Verra Mobility backs 2023 adjusted EPS view $1.00-$1.10, consensus $1.08
- Verra Mobility reports Q2 adjusted EPS 29c, consensus 27c
- Verra Mobility Announces Second Quarter 2023 Financial Results
- VRRM Earnings this Week: How Will it Perform?
- Verra Mobility upgraded to Buy on positive tailwinds at Deutsche Bank
