i3 Verticals, Inc. (NASDAQ:IIIV – Get Free Report) has received an average rating of “Moderate Buy” from the eight ratings firms that are presently covering the company, MarketBeat reports. Three research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month target price among brokers that have covered the stock in the last year is $29.8333.
Several equities analysts have commented on the stock. DA Davidson decreased their price target on shares of i3 Verticals from $35.00 to $30.00 and set a “buy” rating for the company in a research report on Wednesday, May 13th. Weiss Ratings raised shares of i3 Verticals from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, May 12th. Benchmark decreased their price objective on shares of i3 Verticals from $39.00 to $30.00 and set a “buy” rating for the company in a research report on Thursday, May 14th. Finally, Cantor Fitzgerald decreased their price objective on shares of i3 Verticals from $30.00 to $27.00 and set an “overweight” rating for the company in a research report on Monday, May 11th.
View Our Latest Stock Report on IIIV
Insiders Place Their Bets
Institutional Investors Weigh In On i3 Verticals
Institutional investors and hedge funds have recently bought and sold shares of the stock. Fifth Third Bancorp purchased a new stake in i3 Verticals in the first quarter valued at $28,000. Caitong International Asset Management Co. Ltd increased its stake in i3 Verticals by 1,299.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,371 shares of the company’s stock valued at $35,000 after purchasing an additional 1,273 shares during the period. CWM LLC raised its holdings in shares of i3 Verticals by 221.7% in the fourth quarter. CWM LLC now owns 1,393 shares of the company’s stock valued at $35,000 after buying an additional 960 shares during the last quarter. Global Retirement Partners LLC raised its holdings in shares of i3 Verticals by 8,259.1% in the fourth quarter. Global Retirement Partners LLC now owns 1,839 shares of the company’s stock valued at $46,000 after buying an additional 1,817 shares during the last quarter. Finally, BNP Paribas Financial Markets raised its holdings in shares of i3 Verticals by 65.5% in the second quarter. BNP Paribas Financial Markets now owns 2,198 shares of the company’s stock valued at $60,000 after buying an additional 870 shares during the last quarter. 84.22% of the stock is owned by hedge funds and other institutional investors.
i3 Verticals Stock Performance
Shares of IIIV stock opened at $19.91 on Wednesday. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.18. i3 Verticals has a 52 week low of $18.47 and a 52 week high of $33.97. The stock has a market capitalization of $556.09 million, a PE ratio of 28.44 and a beta of 0.84. The firm has a 50 day moving average of $20.73 and a two-hundred day moving average of $22.67.
i3 Verticals (NASDAQ:IIIV – Get Free Report) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.32 EPS for the quarter, beating the consensus estimate of $0.30 by $0.02. i3 Verticals had a net margin of 8.59% and a return on equity of 4.19%. The company had revenue of $57.52 million during the quarter, compared to analysts’ expectations of $57.51 million. i3 Verticals has set its FY 2026 guidance at 1.090-1.150 EPS. On average, research analysts predict that i3 Verticals will post 0.67 EPS for the current fiscal year.
i3 Verticals Company Profile
i3 Verticals, Inc is a provider of integrated software and merchant payment processing solutions tailored for specific vertical markets across the United States. Since its founding in 2001 and headquartered in Columbia, South Carolina, the company has focused on delivering SaaS-based applications and payment services to streamline revenue collection and management workflows for its clients.
The company’s product portfolio includes electronic payment processing for credit and debit card transactions, automated clearing house (ACH) transfers, online and mobile payment portals, and related risk management and compliance tools.
Featured Articles
- Five stocks we like better than i3 Verticals
- Gravity Check: Houston, SpaceX Has a Valuation Problem
- Strategy’s Bitcoin Rally Has a Hidden Engine
- Okta’s AI Moment May Be Bigger Than Investors Realize
- 3 Rate-Ready Stocks for the New Fed Chair’s First Big Test
Receive News & Ratings for i3 Verticals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for i3 Verticals and related companies with MarketBeat.com's FREE daily email newsletter.
