Breaking News

Yesterday
Show Full Stories

X

To view all stories in expanded form, please subscribe.
Send Info
Initiation
Verra Mobility initiated with an Outperform at Credit Suisse » 16:16
01/23/20
01/23
16:16
01/23/20
16:16
VRRM

Verra Mobility

$15.96 /

+0.49 (+3.17%)

Credit Suisse analyst…

Credit Suisse analyst Timothy Chiodo initiated coverage of Verra Mobility with an Outperform rating and $17.50 price target.

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Over a month ago
Recommendations
Morgan Stanley sees Verra Mobility multiple expanding as investors gain comfort » 09:05
12/12/19
12/12
09:05
12/12/19
09:05
VRRM

Verra Mobility

$14.15 /

+0.05 (+0.35%)

, FLT

FleetCor

$303.21 /

+0.59 (+0.19%)

, WEX

Wex

$196.97 /

+0.34 (+0.17%)

Morgan Stanley analyst…

Morgan Stanley analyst Steven Wald remains constructive on Verra Mobility (VRRM) and predicts the stock's multiple can expand as investors gain comfort on a few key issues. He thinks the market has not fully credited the stock for the secular toll tailwinds supporting growth in its Commercial Services segment, the benefit from New York City's and other cities' photo enforcement expansions and the several long-term growth opportunities he sees for Verra. As these drivers become apparent to investors, he expects the stock's multiple to expand to be more in-line with B2B-focused peers FleetCor (FLT) and Wex (WEX). Wald keeps an Overweight rating and $18.50 price target on Verra shares.

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Hot Stocks
Verra Mobility to launch electronic toll in France for Rent A Car customers » 16:19
12/10/19
12/10
16:19
12/10/19
16:19
VRRM

Verra Mobility

$14.10 /

-0.155 (-1.09%)

, RCII

Rent-A-Center

$27.63 /

+0.2 (+0.73%)

Verra Mobility (VRRM)…

Verra Mobility (VRRM) announced the signing of the agreement to launch electronic toll payment for Rent A Car (RCII) customers in France. Currently, France has the most toll roads in Europe with 90 toll roads - all of which require payment in cash, by credit card or with an electronic transponder in a dedicated lane. Rental car customers are required to wait in toll lanes, paying by cash or credit card. Verra Mobility's service will enable electronic toll payments and expedite the travel experience. This tolling program with Rent A Car will enable rental car customers to use the dedicated electronic Liber-T lanes.

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Hot Stocks
Verra Mobility CEO sees some stability in shares after Platinum Equity move » 15:24
11/25/19
11/25
15:24
11/25/19
15:24
VRRM

Verra Mobility

$14.89 /

+0.36 (+2.48%)

Verra Mobility (VRRM) is…

Verra Mobility (VRRM) is a global player in smart transportation that focuses on smart cities, smart roadways, and the connected systems that tie them together. In an exclusive interview with The Fly, the company's chief executive officer David Roberts discussed the recent block share sale by Platinum Equity of 15M shares, and was asked whether he expects any continued pressure on the stock from the move: "I think what you'll see is probably the stock move up. That's basically a technical reality when you're selling a block share. But what happened to us is we've increased the liquidity by 17.5M shares, and so what you saw, like yesterday, the stock really started to move back up again. Clearly, when Platinum sells, it has a reaction to the market. But the more they continue to sell their percentage ownership, the more people realize that those block sales are going away, so it actually helps stabilize the stock over time. They've done two significant sell-downs since we went public, and both times we got really good, positive reactions. So give it another week or two and I think you'll see some stability in the stock. It allows us to get some more long-only type folks in because there just wasn't enough liquidity before." "Meet the Company" is The Fly's recurring series of exclusive short interviews with Executive Officers to offer a deeper look inside the company.

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Hot Stocks
Verra Mobility set up to have 'really strong' year next year, CEO says » 15:08
11/25/19
11/25
15:08
11/25/19
15:08
VRRM

Verra Mobility

$14.89 /

+0.36 (+2.48%)

Verra Mobility (VRRM) is…

Verra Mobility (VRRM) is a global player in smart transportation that focuses on smart cities, smart roadways, and the connected systems that tie them together. In an exclusive interview with The Fly, the company's chief executive officer David Roberts discussed how he feels year two post-IPO will go: "I would say year one went really well. If you look at our story post-IPO compared to some of the other stories out there, I'm wondering why we haven't gotten more positive reactions from that because it's been a great year for us! I would anticipate year two being more of the same. We take our commitment to shareholders very, very seriously, and we want to continue to show progress to our broader strategy of being a global leader in smart transportation. We have great growth already identified in our core businesses. We have a robust pipeline of M&A to continue to accelerate or enhance our growth in the future. We have a fantastic team and a great culture that are really committed to delivering for our customers at the highest point of their needs. So I think it's going to be a great year. I think it's not without challenges, as every company has them, but I think we're set up to have a really strong year next year." When asked what kinds of challenges he's referring to, Roberts said, "An area that I've gotten a lot of questions about is around talent. We live today in the U.S. market in a market of full employment, so getting great leaders and great talent inside the business is as challenging as ever. I think if you ask most CEOs, they would say the same. What we do is we continue to grow the business and create an exciting opportunity for people to expand their career, and then we have a culture that really cares about people and I think differentiates itself in that regard. Hopefully, we can continue to find those people that we need to grow our business." "Meet the Company" is The Fly's recurring series of exclusive short interviews with Executive Officers to offer a deeper look inside the company. The remainder of this interview to follow.

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Hot Stocks
Verra Mobililty CEO says M&A 'always' a part of strategy » 14:57
11/25/19
11/25
14:57
11/25/19
14:57
VRRM

Verra Mobility

$14.90 /

+0.37 (+2.55%)

Verra Mobility (VRRM) is…

Verra Mobility (VRRM) is a global player in smart transportation that focuses on smart cities, smart roadways, and the connected systems that tie them together. In an exclusive interview with The Fly, the company's chief executive officer David Roberts discussed Verra Mobility's approach to M&A following the acquisition of Pagatelia last year: "M&A has always been a part of our strategy. We've always been very thoughtful about the way we do it by looking at markets that are highly adjacent to our customers so we can either increase our ability to serve our customers or we can accelerate into new areas for future growth of the company. What Pagatelia represented was a deal inside of Europe. We had already bought a company in Europe about two years ago. This was kind of an enhancement of that to allow us to have relationships with toll authorities in southern Europe, which allows us to now offer the same or a similar program that we offer to commercial fleets here in the United States. Now we'll be able to start offering that in Europe, which is a big growth area for us. Outside of that, we always will look at M&A. We have a robust pipeline. We're always looking at opportunities to grow through M&A. And that's in the U.S. and abroad." "Meet the Company" is The Fly's recurring series of exclusive short interviews with Executive Officers to offer a deeper look inside the company. The remainder of this interview to follow.

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Hot Stocks
Verra Mobility CEO says will 'definitely' continue to work with New York » 14:43
11/25/19
11/25
14:43
11/25/19
14:43
VRRM

Verra Mobility

$14.89 /

+0.36 (+2.48%)

Verra Mobility (VRRM) is…

Verra Mobility (VRRM) is a global player in smart transportation that focuses on smart cities, smart roadways, and the connected systems that tie them together. In an exclusive interview with The Fly, the company's chief executive officer David Roberts discussed the company's recent school zone speed safety camera systems contract with New York City and its government contract prospects elsewhere: "Definitely, we'll continue to work with New York. Part of what we do is we partner with state legislators around the legislation that enables photo enforcement. Within any state there has to be legislation that allows you to do photo enforcement, and that's something that we do as part of our business. We work with local legislators to create what you would call smart transportation or safety-related legislation that allow things like photo enforcement. And we do that not only in New York, but around the country. We plan on growing inside New York not only with the program in New York City, but also with the expansion of school bus. So you're now allowed to have cameras on the side of buses in New York state. Additionally, we are working within the state of Georgia to expand there with school zone speed. Currently, there are 21 states that have legislation that allows for photo enforcement, and we have customers in every one of those states." "Meet the Company" is The Fly's recurring series of exclusive short interviews with Executive Officers to offer a deeper look inside the company. The remainder of this interview to follow.

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Hot Stocks
Verra Mobility CEO say Q3 earnings growth related to NYC expansion » 14:21
11/25/19
11/25
14:21
11/25/19
14:21
VRRM

Verra Mobility

$14.89 /

+0.36 (+2.48%)

Verra Mobility (VRRM) is…

Verra Mobility (VRRM) is a global player in smart transportation that focuses on smart cities, smart roadways, and the connected systems that tie them together. In an exclusive interview with The Fly, the company's chief executive officer David Roberts discussed its third quarter report, during which Verra Mobility reported Government Solutions segment revenue growth of 42%, though Commercial Services revenue had a larger share of total revenue. When asked if he sees the company focusing more on Government Solutions going forward, Roberts said that he expects the two businesses to approximate closer to 50/50 in terms of revenue share over the next couple of years. "Today, Commercial Services is approximately 60% of our total business where Government Solutions is approximately 40%," he said. "I think what will happen over the course of the next couple of years, and this is sans any acquisitions and if you just left things running, they're probably going to approximate closer to 50/50. The reason being is that right now we are partnered with the state of New York on its photo enforcement program where they're doing the largest expansion of school zone speed in the country, and it's a really big program for the city and obviously a big program for us. The growth that you saw in Q3 earnings is highly related to the expansion in New York City." "Meet the Company" is The Fly's recurring series of exclusive short interviews with Executive Officers to offer a deeper look inside the company. The remainder of this interview to follow.

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Hot Stocks
Verra Mobility a 'leader' in toll management in North America, CEO says » 13:53
11/25/19
11/25
13:53
11/25/19
13:53
VRRM

Verra Mobility

$14.89 /

+0.36 (+2.48%)

Verra Mobility (VRRM) is…

Verra Mobility (VRRM) is a global player in smart transportation that focuses on smart cities, smart roadways, and the connected systems that tie them together. In an exclusive interview with The Fly, the company's chief executive officer David Roberts discussed Verra Mobility's mission and basic business model: "Verra Mobility is a global leader in smart transportation, which means that we provide technology-enabled services that our customers use to make transportation safer and easier. What that looks like is we serve two primary customers. The first one is commercial fleets. So we serve commercial fleets with toll management and violation solutions...we're the leader in that here in North America. We also do that in Europe, where we support commercial fleets for tolling and violation solutions. And we're also a leading provider of photo enforcement here in North America where we work with cities on their smart city initiatives and primarily looking at safety through photo enforcement. So that's red light cameras, speed cameras, school bus stop cameras, data and analytics related to that, things like that." "Meet the Company" is The Fly's recurring series of exclusive short interviews with Executive Officers to offer a deeper look inside the company. The remainder of this interview to follow.

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

On The Fly
Meet the Company: An exclusive interview with Verra Mobility CEO David Roberts » 13:41
11/25/19
11/25
13:41
11/25/19
13:41
VRRM

Verra Mobility

$14.88 /

+0.35 (+2.41%)

Verra Mobility (VRRM) is…

Open Full Text

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.
友情链接:幸运飞艇官方开奖2020幸运飞艇计划网幸运飞艇走势图幸运飞艇历史开奖结果筛选