Robert W. Baird analyst David Koning maintained a Buy rating on Verra Mobility (NASDAQ:VRRM) Corporation on Tuesday, setting a price target of $20, which is approximately 43.47% above the present share price of $13.94.
Koning expects Verra Mobility Corporation to post earnings per share (EPS) of $0.17 for the fourth quarter of 2021.
The current consensus among 3 TipRanks analysts is for a Strong Buy rating of shares in Verra Mobility, with an average price target of $20.
The analysts price targets range from a high of $21 to a low of $19.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $162.1 million and a net profit of $41.87 million. The company's market cap is $2.18 billion.
According to TipRanks.com, Robert W. Baird analyst David Koning is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 10.8% and a 66.40% success rate.
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.