i3 Verticals, Inc. (NASDAQ:IIIV) Stock Rated "Hold" by Sell-Side Analysts

Key Points

• Analysts collectively rate i3 Verticals “Hold.” Of seven covering brokerages, three issued buy ratings, three hold ratings and one sell rating, with an average 12-month price target of $25.40.
• Recent analyst actions were mixed but generally more cautious: Benchmark downgraded the stock to hold, Weiss Ratings cut its view to sell, and KeyCorp and DA Davidson lowered their price targets while maintaining positive ratings.
• The stock opened at $15.13, near its 52-week low of $14.17, while the company’s latest quarterly results matched EPS expectations at $0.25 but fell short on revenue, reporting $53.07 million versus a $54.99 million consensus estimate.

Shares of i3 Verticals, Inc. (NASDAQ:IIIV - Get Free Report) have been given an average rating of "Hold" by the seven brokerages that are presently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating on the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $25.40.

Several brokerages have recently weighed in on IIIV. Benchmark downgraded shares of i3 Verticals from a "buy" rating to a "hold" rating in a research note on Monday, August 10th. Weiss Ratings cut shares of i3 Verticals from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Friday, August 21st. KeyCorp cut their price target on shares of i3 Verticals from $27.00 to $20.00 and set an "overweight" rating on the stock in a report on Monday, August 10th. Finally, DA Davidson reduced 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 report on Monday, August 10th.

i3 Verticals Stock Performance

NASDAQ IIIV opened at $15.13 on Friday. The company has a market cap of $398.22 million, a P/E ratio of 39.82 and a beta of 0.81. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.21 and a current ratio of 1.21. The business's 50 day moving average price is $17.54 and its 200-day moving average price is $19.90. i3 Verticals has a fifty-two week low of $14.17 and a fifty-two week high of $33.97.

i3 Verticals (NASDAQ:IIIV - Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.25 earnings per share (EPS) for the quarter, hitting 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 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. Sell-side analysts predict that i3 Verticals will post 0.64 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Punch & Associates Investment Management Inc. lifted its stake in shares of i3 Verticals by 32.8% during the 1st quarter. Punch & Associates Investment Management Inc. now owns 1,032,606 shares of the company's stock worth $23,089,000 after acquiring an additional 255,079 shares during the last quarter. North Reef Capital Management LP increased its stake 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 worth $22,919,000 after purchasing an additional 949,289 shares during the period. Dimensional Fund Advisors LP increased its stake in i3 Verticals by 12.5% in the first quarter. Dimensional Fund Advisors LP now owns 616,851 shares of the company's stock worth $13,794,000 after purchasing an additional 68,573 shares during the period. Heartland Advisors Inc. increased its stake in i3 Verticals by 11.1% in the first quarter. Heartland Advisors Inc. now owns 606,950 shares of the company's stock worth $13,571,000 after purchasing an additional 60,400 shares during the period. Finally, Royce & Associates LP lifted its position in shares of i3 Verticals by 7.5% during the fourth quarter. Royce & Associates LP now owns 504,732 shares of the company's stock worth $12,714,000 after purchasing an additional 35,390 shares during the last quarter. Institutional investors own 84.22% of the company's stock.

About i3 Verticals

i3 Verticals, Inc was a Nashville, Tennessee-based provider of integrated software and payment solutions. The company developed technology designed to help organizations manage financial transactions, billing, collections, reporting and other operational workflows through industry-specific platforms.

Its offerings primarily served public-sector organizations and businesses in specialized markets. Solutions supported areas such as government payments, courts and justice, education, utilities, healthcare and other regulated or service-oriented industries.

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