Down -19.85% in 4 Weeks, Here's Why Verra Mobility (VRRM) Looks Ripe for a Turnaround

Group 1 - VERRA MOBILITY CORP (VRRM) has experienced a significant decline of 19.9% over the past four weeks, but it is now in oversold territory, indicating a potential trend reversal [1] - The Relative Strength Index (RSI) for VRRM is currently at 29.9, suggesting that the heavy selling pressure may be exhausting, which could lead to a price rebound [5] - There is strong consensus among Wall Street analysts that VRRM will report better earnings than previously predicted, with a 3.7% increase in consensus EPS estimates over the last 30 days [7] Group 2 - VRRM holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, indicating a strong potential for a turnaround [8]