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How to Buy Verra Mobility Stock

Verra Mobility Corp

Verra Mobility Corporation provides smart mobility technology solutions and services in the United States, Australia, Canada, and Europe. It operates through three segments: Commercial Services; Government Solutions; and Parking Solutions.

Verra Mobility stock last closed at $26.62, up 1.41% from the previous day, and has increased 40.11% in one year. It has overperformed other stocks in the Infrastructure Operations industry by 0.4 percentage points. Verra Mobility stock is currently +56.22% from its 52-week low of $17.04, and -6.45% from its 52-week high of $28.46.

At the moment, there are 166.52M VRRM shares outstanding. The market cap of VRRM is $4.43B. In the past 24 hours, 1.08M VRRM shares were traded.

How to Buy Verra Mobility Stock

Wondering how to invest in Verra Mobility stock? Here's how.
  1. Choose where to buy Verra Mobility stock: You need to choose an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you decide where to buy Verra Mobility stock.
  2. Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Deposit money your brokerage account: Pick your method of payment and add your info.
  4. Analyze Verra Mobility stock: The Verra Mobility ticker symbol is VRRM. Is Verra Mobility stock a good investment? Should you buy shares of VRRM? How do VRRM's underlying business fundamentals look? Do top analysts think Verra Mobility is a good buy? Why has VRRM's stock price moved recently? (Hint: Our stock analysis website can help you figure out if VRRM is a good stock to buy).
  5. Place your VRRM buy order: Decide if you will purchase VRRM shares at the current market price or use a limit order to purchase VRRM stock at a particular price.
  6. Get key alerts regarding your VRRM investment: Create a watchlist to monitor your position in Verra Mobility shares.

Step 1: Choose where to buy Verra Mobility stock

You will need an online brokerage account to access the NASDAQ market and buy VRRM stock.

A brokerage account is an investment account that allows you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open a brokerage account

Now that you've picked the best brokerage, the next step is to fill out some personal info so you can invest in VRRM today.

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Step 3: Deposit money your brokerage account

Now that you have finished signing up on our top ranked stock market app, you can securely and quickly fund your account:

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Step 4: Analyze Verra Mobility stock

Once you have chosen the best place to buy Verra Mobility stock, it's absolutely critical to evaluate their stock before you buy, so you can understand the risk as well as the upside.

Verra Mobility stock quick numbers

VRRM Price
$26.62
1w %
3.46%
1y %
40.11%
5y %
110.1%
P/E
53.24x
P/B
9.87x
P/S
5.3x
PEG
0.92x
Revenue
$835.14M
Earnings
$81.59M
Fore. Rev. Growth
6.41%
Fore. Earn. Growth
64.13%
Market Cap
$4.43B
Next Earnings
Aug 7, 2024
Next Dividend
N/A

Verra Mobility Due Diligence Checks

WallStreetZen was created to help everyday investors do better fundamental analysis.

You can view all of the due diligence checks on VRRM's stock page.

Is VRRM stock undervalued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge VRRM's true value.

Using relative valuations metrics:

  • VRRM could be overvalued based on its P/E ratio of 53.24x, relative to Infrastructure Operations industry P/E ratio of 52x
  • VRRM could be overvalued based on its P/B ratio of 9.87x, relative to Infrastructure Operations industry P/B ratio of 0.98x
  • VRRM could be undervalued based on its PEG ratio of 0.92x

You can do more valuation analysis on VRRM's stock here.

How do VRRM Financials look?

Pros:

  • Total VRRM debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than short-term liabilities on the VRRM balance sheet.

Cons:

  • VRRM profit margin has gone down from 11.4% to 9.8% in the past year.
  • VRRM has a relatively high debt to equity ratio of 2.94.
  • VRRM's operating cash flow of $195.22M allows it to safely service it's debt of $1.07B.
  • VRRM earnings of $197.20M is not sufficient to cover its interest payments.
  • There are more long-term liabilities than short-term assets on the VRRM balance sheet.

Is Verra Mobility stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 1 Equities analysts who give recommendations on VRRM, the consensus analyst rating on VRRM is a Hold

Please note that analyst ratings are not recommendations, nor are they investment advice.

You can dig deeper into what analysts are saying on the Verra Mobility stock forecast page.

VRRM Technicals

SMA10
26.04
SMA20
26.39
SMA50
25.74
SMA100
24.46
SMA200
22.41
MACD
0.01
MACD Signal
0.07
MACD Histogram
-0.06
RSI
54.77
Stochastic %K
53.68
Stochastic %D
39.72
StochRSI %K
57.83
StochRSI %D
37.36

VRRM Growth Numbers

Last year, VRRM earnings were $81.59M. During the last 4 year, VRRM's earnings have increased by 21.43% per year. This was faster than the Infrastructure Operations industry average of 20.94%.

Last year, VRRM revenue was $835.14M. Over the past five year, VRRM's revenue has gone up by 15.9% per year. This was slower than the Infrastructure Operations industry average of 16.11%.

You can analyze VRRM's earnings and revenue performance here.

Who is buying/selling VRRM?

In the past year, executives and large shareholders at VRRM have sold more shares than they have bought.

Jonathan Baldwin, EVP-Government Solutions of VRRM, was the latest VRRM insider to sell. They sold $255,093.64 worth of VRRM stock on Jun 13, 2024.

Get more info about who owns VRRM shares here.

Does VRRM stock generate passive income?

No, Verra Mobility doesn't provide an income stream by paying out dividends.

What do other investors have to say about VRRM?

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Step 5: Place your VRRM buy order

You have two main options:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are mostly the easiest way to buy.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a specific dollar amount, place a limit order.

Hit the Open button and your broker will execute the order.

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Step 6: Get key alerts regarding your VRRM investment

Now that you own some VRRM stock, you'll want to keep up with your investment.

Put VRRM on a watchlist to keep track of your VRRM stock.

VRRM Feed

How to Buy Stock in Verra Mobility

To summarize, here are the 6 steps you need to take to buy Verra Mobility stock right now:

  1. Choose where to buy Verra Mobility stock
  2. Open a brokerage account
  3. Deposit money your brokerage account
  4. Analyze Verra Mobility stock
  5. Place your VRRM buy order
  6. Get key alerts regarding your VRRM investment

If you need a brokerage, eToro is our favorite option.

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If you want to get the latest scoop on your investment in Verra Mobility, add VRRM to your watchlist below.

NASDAQ: VRRM
$26.62+0.37 (+1.41%)
Updated Jun 18, 2024
Open eToro Account
NASDAQ: VRRM
$26.62+0.37 (+1.41%)
Updated Jun 18, 2024
Open eToro Account

FAQ

How much does it cost to buy one Verra Mobility share?

As of Jun 18, 2024, it costs $26.62 to buy one share of Verra Mobility stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.376 shares of VRRM.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Verra Mobility stock?

According to 1 Wall Street analysts who monitor Verra Mobility, their consensus recommendation is to hold Verra Mobility stock.

What is the best way to buy Verra Mobility stock?

One way to place an order for Verra Mobility stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.