i3 Verticals, Inc. (NASDAQ:IIIV) Given Consensus Recommendation of "Hold" by Brokerages

Key Points

• i3 Verticals has a consensus “Hold” rating among seven analysts: three rate it a buy, three a hold, and one a sell. The average 12-month price target is $25.40, although several firms recently lowered their targets.
• Institutional investors own 84.22% of the company, with major holders including North Reef Capital, Thrivent Financial, and Dimensional Fund Advisors increasing their positions.
• The stock opened at $16.28, near its 52-week low of $15.57 and below its 50- and 200-day moving averages. In its latest quarter, i3 Verticals met EPS estimates at $0.25 but reported revenue of $53.07 million, below the $54.99 million consensus.

i3 Verticals, Inc. (NASDAQ:IIIV - Get Free Report) has been assigned an average rating of "Hold" from the seven brokerages that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $25.40.

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

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Dimensional Fund Advisors LP boosted its holdings in i3 Verticals by 12.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 616,851 shares of the company's stock valued at $13,794,000 after purchasing an additional 68,573 shares in the last quarter. Thrivent Financial for Lutherans raised its position in i3 Verticals by 11.2% in the fourth quarter. Thrivent Financial for Lutherans now owns 728,505 shares of the company's stock worth $18,351,000 after acquiring an additional 73,420 shares in the last quarter. William Blair Investment Management LLC purchased a new position in i3 Verticals in the fourth quarter worth $9,733,000. UBS Group AG lifted its holdings in i3 Verticals by 91.3% in the fourth quarter. UBS Group AG now owns 369,135 shares of the company's stock valued at $9,299,000 after acquiring an additional 176,181 shares during the period. Finally, North Reef Capital Management LP lifted its holdings in i3 Verticals by 1,253.8% in the first quarter. North Reef Capital Management LP now owns 1,025,000 shares of the company's stock valued at $22,919,000 after acquiring an additional 949,289 shares during the period. Institutional investors and hedge funds own 84.22% of the company's stock.

i3 Verticals Stock Performance

Shares of IIIV stock opened at $16.28 on Monday. The stock's 50-day moving average is $19.61 and its two-hundred day moving average is $20.82. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.21 and a current ratio of 1.21. i3 Verticals has a 1 year low of $15.57 and a 1 year high of $33.97. The firm has a market cap of $428.49 million, a price-to-earnings ratio of 42.84 and a beta of 0.83.

i3 Verticals (NASDAQ:IIIV - Get Free Report) last announced its 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 firm had revenue of $53.07 million during the quarter, compared to analysts' expectations of $54.99 million. i3 Verticals had a return on equity of 4.49% and a net margin of 4.24%.i3 Verticals has set its FY 2026 guidance at 1.080-1.120 EPS. Analysts predict that i3 Verticals will post 0.64 earnings per share for the current year.

About i3 Verticals

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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