i3 Verticals, Inc. (NASDAQ:IIIV) Receives Consensus Recommendation of “Hold” from Analysts

i3 Verticals, Inc. (NASDAQ:IIIV) has been given an average rating of “Hold” by the seven brokerages that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and three have given a buy recommendation to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $25.40.

A number of research firms have commented on IIIV. Benchmark downgraded i3 Verticals from a “buy” rating to a “hold” rating in a research report on Monday, August 10th. Cantor Fitzgerald dropped their price target on i3 Verticals from $30.00 to $27.00 and set an “overweight” rating for the company in a research report on Monday, May 11th. KeyCorp cut their price target on i3 Verticals from $27.00 to $20.00 and set an “overweight” rating for the company in a research note on Monday, August 10th. Weiss Ratings lowered shares of i3 Verticals from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, August 21st. Finally, DA Davidson lowered their price objective on shares of i3 Verticals from $30.00 to $28.00 and set a “buy” rating on the stock in a research note on Monday, August 10th.

i3 Verticals Stock Performance

Shares of IIIV opened at $16.28 on Monday. i3 Verticals has a twelve month low of $15.57 and a twelve month high of $33.97. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $428.49 million, a P/E ratio of 42.84 and a beta of 0.83. The firm’s 50-day moving average is $19.61 and its two-hundred day moving average is $20.82.

i3 Verticals (NASDAQ:IIIV) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.25 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.25. The company had revenue of $53.07 million during the quarter, compared to the consensus estimate of $54.99 million. i3 Verticals had a net margin of 4.24% and a return on equity of 4.49%. i3 Verticals has set its FY 2026 guidance at 1.080-1.120 EPS. On average, research analysts predict that i3 Verticals will post 0.64 earnings per share for the current fiscal year.

Institutional Trading of i3 Verticals

Hedge funds and other institutional investors have recently bought and sold shares of the company. Royal Bank of Canada raised its position in shares of i3 Verticals by 31.4% in the 1st quarter. Royal Bank of Canada now owns 57,505 shares of the company’s stock worth $1,419,000 after buying an additional 13,729 shares during the period. AQR Capital Management LLC purchased a new stake in shares of i3 Verticals in the first quarter worth about $209,000. JPMorgan Chase & Co. raised its holdings in shares of i3 Verticals by 11.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 12,383 shares of the company’s stock valued at $340,000 after buying an additional 1,266 shares during the period. Invesco Ltd. lifted its position in i3 Verticals by 4.6% during the 2nd quarter. Invesco Ltd. now owns 26,328 shares of the company’s stock worth $723,000 after acquiring an additional 1,156 shares in the last quarter. Finally, Federated Hermes Inc. boosted its holdings in i3 Verticals by 25.4% in the 2nd quarter. Federated Hermes Inc. now owns 70,587 shares of the company’s stock worth $1,940,000 after acquiring an additional 14,295 shares during the period. 84.22% of the stock is owned by hedge funds and other institutional investors.

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.