i3 Verticals, Inc. (NASDAQ:IIIV) Given Consensus Rating of “Moderate Buy” by Brokerages

by · The Markets Daily

i3 Verticals, Inc. (NASDAQ:IIIV – Get Free Report) has been assigned an average recommendation of “Moderate Buy” from the eight brokerages that are presently covering the company, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $29.8333.

IIIV has been the subject of several analyst reports. Weiss Ratings raised shares of i3 Verticals from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, May 12th. Benchmark cut their price target on shares of i3 Verticals from $39.00 to $30.00 and set a “buy” rating for the company in a report on Thursday, May 14th. DA Davidson cut their price target on shares of i3 Verticals from $35.00 to $30.00 and set a “buy” rating for the company in a report on Wednesday, May 13th. Finally, Cantor Fitzgerald cut their price target on shares of i3 Verticals from $30.00 to $27.00 and set an “overweight” rating for the company in a report on Monday, May 11th.

Get Our Latest Report on i3 Verticals

Insiders Place Their Bets

In related news, CEO Gregory S. Daily bought 50,000 shares of the stock in a transaction on Thursday, May 14th. The shares were bought at an average cost of $19.23 per share, for a total transaction of $961,500.00. Following the completion of the transaction, the chief executive officer owned 50,000 shares of the company’s stock, valued at $961,500. This represents a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 60.09% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in IIIV. Fifth Third Bancorp acquired a new position in i3 Verticals during the first quarter worth about $28,000. CWM LLC grew its position in i3 Verticals by 221.7% during the fourth quarter. CWM LLC now owns 1,393 shares of the company’s stock worth $35,000 after buying an additional 960 shares during the period. Caitong International Asset Management Co. Ltd grew its position in i3 Verticals by 1,299.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,371 shares of the company’s stock worth $35,000 after buying an additional 1,273 shares during the period. Global Retirement Partners LLC grew its position in i3 Verticals by 8,259.1% during the fourth quarter. Global Retirement Partners LLC now owns 1,839 shares of the company’s stock worth $46,000 after buying an additional 1,817 shares during the period. Finally, BNP Paribas Financial Markets grew its position in i3 Verticals by 65.5% during the second quarter. BNP Paribas Financial Markets now owns 2,198 shares of the company’s stock worth $60,000 after buying an additional 870 shares during the period. 84.22% of the stock is currently owned by institutional investors and hedge funds.

i3 Verticals Price Performance

Shares of NASDAQ:IIIV opened at $19.91 on Wednesday. The company has a 50-day simple moving average of $20.73 and a 200-day simple moving average of $22.67. i3 Verticals has a one year low of $18.47 and a one year high of $33.97. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.34 and a current ratio of 1.34. The stock has a market capitalization of $556.09 million, a price-to-earnings ratio of 28.44 and a beta of 0.84.

i3 Verticals (NASDAQ:IIIV – Get Free Report) last announced its earnings results on Thursday, May 7th. The company reported $0.32 EPS for the quarter, beating analysts’ consensus estimates of $0.30 by $0.02. i3 Verticals had a net margin of 8.59% and a return on equity of 4.19%. The business 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, analysts predict that i3 Verticals will post 0.67 EPS for the current year.

About i3 Verticals

(Get Free Report)

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.

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