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Verra Mobility Announces $100 Million Stock Buyback

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Verra Mobility Announces $100 Million Stock Buyback

Confident Investing Starts Here:

An update from Verra Mobility ( (VRRM) ) is now available.

On May 17, 2025, Verra Mobility Corporation’s Board of Directors approved a stock repurchase program, allowing the company to buy back up to $100 million of its Class A common stock. This initiative, which will run until November 13, 2026, provides the company with flexibility in its share repurchase strategy, potentially impacting its market positioning and shareholder value.

The most recent analyst rating on (VRRM) stock is a Buy with a $31.00 price target. To see the full list of analyst forecasts on Verra Mobility stock, see the VRRM Stock Forecast page.

Spark’s Take on VRRM Stock

According to Spark, TipRanks’ AI Analyst, VRRM is a Neutral.

Verra Mobility’s overall stock score reflects strong revenue growth and strategic contract wins, particularly the major NYC enforcement contract. However, high leverage and a potentially overvalued P/E ratio pose risks. Technical indicators suggest a neutral trend, while recent corporate events provide positive growth prospects. Continued focus on managing debt and improving profitability will be crucial for sustaining long-term value.

To see Spark’s full report on VRRM stock, click here.

More about Verra Mobility

Average Trading Volume: 1,414,869

Technical Sentiment Signal: Buy

Current Market Cap: $3.78B

For detailed information about VRRM stock, go to TipRanks’ Stock Analysis page.

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