(VRRM) Verra Mobility - Ratings and Ratios

Verra Mobility Corporation is a leading provider of smart mobility technology solutions, operating across the United States, Australia, Europe, and Canada. The companys diverse portfolio is segmented into Commercial Services, Government Solutions, and Parking Solutions, catering to a wide range of clients including rental car companies, fleet owners, municipalities, and commercial parking operators.

The Commercial Services segment offers a comprehensive suite of automated toll and violations management, as well as title and registration solutions, streamlining operations for its clients. Meanwhile, the Government Solutions segment provides advanced photo enforcement solutions, including speed, red-light, and school bus stop arm enforcement, serving municipalities, counties, and law enforcement agencies. The Parking Solutions segment delivers an integrated platform for parking management, including software, transaction processing, and hardware solutions, catering to universities, municipalities, and commercial parking operators.

With a strong foundation established in 1987 and headquartered in Mesa, Arizona, Verra Mobility Corporation has evolved to become a key player in the smart mobility technology space. The companys commitment to innovation is evident in its development of proprietary software and hardware solutions, driving growth and expansion into new markets.

Analyzing the technical data, the stocks current price is $24.14, with a 20-day SMA of $23.93 and a 50-day SMA of $22.86, indicating a positive short-term trend. The 200-day SMA at $24.48 suggests a potential resistance level. With an ATR of 0.68, representing a 2.81% daily volatility, the stock is experiencing moderate fluctuations. Considering the fundamental data, the companys market capitalization stands at $3843.83M USD, with a P/E ratio of 109.59 and a forward P/E of 17.99, indicating a relatively high valuation. However, the RoE of 9.30% suggests a decent return on equity.

Forecasting future performance, we can expect Verra Mobility Corporation to continue its growth trajectory, driven by its diversified portfolio and commitment to innovation. With a strong presence in the smart mobility technology space, the company is well-positioned to capitalize on emerging trends. Based on the technical data, a potential target price could be $28.50, representing a 18% increase from the current price, driven by a continued upward trend and breaking through the 200-day SMA resistance level. Fundamentally, the companys improving RoE and relatively attractive forward P/E ratio support a positive outlook, with potential for long-term growth and expansion.