i3 Verticals (NASDAQ:IIIV) Issues FY 2025 Earnings Guidance

Key Points

• i3 Verticals provided FY 2025 earnings guidance of $0.960-1.060 EPS and revenue expectations of $207.0 million-$217.0 million, slightly below the consensus estimates.
• Following the guidance update, i3 Verticals' stock rose by 0.3% to $28.50, with an average price target of $29.57 from analysts.
• Recent insider trading saw Director David M. Wilds sell 218,400 shares at an average price of $24.81, indicating a significant decrease in ownership.

i3 Verticals (NASDAQ:IIIV - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 0.960-1.060 for the period, compared to the consensus EPS estimate of 1.042. The company issued revenue guidance of $207.0 million-$217.0 million, compared to the consensus revenue estimate of $216.2 million.

i3 Verticals Stock Up 0.3%

Shares of IIIV stock traded up $0.09 on Thursday, hitting $28.50. The stock had a trading volume of 194,493 shares, compared to its average volume of 299,492. The business has a 50 day moving average of $26.96 and a 200 day moving average of $25.95. The stock has a market cap of $946.68 million, a price-to-earnings ratio of 6.48 and a beta of 1.32. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.18 and a quick ratio of 1.18. i3 Verticals has a 12-month low of $20.42 and a 12-month high of $30.10.

i3 Verticals (NASDAQ:IIIV - Get Free Report) last announced its earnings results on Thursday, August 7th. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.13). i3 Verticals had a net margin of 46.46% and a return on equity of 3.15%. As a group, analysts expect that i3 Verticals will post 0.9 EPS for the current year.

Analyst Ratings Changes

Several equities analysts recently weighed in on IIIV shares. Benchmark restated a "buy" rating and set a $33.00 price target on shares of i3 Verticals in a research report on Monday, June 16th. Morgan Stanley reduced their price target on shares of i3 Verticals from $27.00 to $25.00 and set an "equal weight" rating for the company in a research report on Tuesday, May 13th. Two analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $29.57.

Insider Buying and Selling at i3 Verticals

In other news, Director David M. Wilds sold 218,400 shares of the firm's stock in a transaction that occurred on Tuesday, May 13th. The shares were sold at an average price of $24.81, for a total value of $5,418,504.00. Following the completion of the transaction, the director directly owned 260,657 shares in the company, valued at approximately $6,466,900.17. This trade represents a 45.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John C. Harrison sold 78,597 shares of the firm's stock in a transaction that occurred on Tuesday, May 13th. The shares were sold at an average price of $24.81, for a total transaction of $1,949,991.57. Following the completion of the transaction, the director owned 3,876 shares of the company's stock, valued at $96,163.56. This trade represents a 95.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 377,261 shares of company stock worth $9,374,552 over the last ninety days. Company insiders own 59.07% of the company's stock.

Hedge Funds Weigh In On i3 Verticals

An institutional investor recently bought a new position in i3 Verticals stock. AQR Capital Management LLC acquired a new stake in i3 Verticals, Inc. (NASDAQ:IIIV - Free Report) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 8,467 shares of the company's stock, valued at approximately $209,000. 84.22% of the stock is currently owned by hedge funds and other institutional investors.

i3 Verticals Company Profile

i3 Verticals, Inc provides integrated payment and software solutions primarily to the public sector and healthcare markets in the United States. It operates in two segments, Software and Services, and Merchant Services. The company offers payment processing services that enables upper and lower court case management, collections, finance and accounting, motor vehicle and carrier registration, e-filing and taxation, license plate inventory, property tax management, utility billing, professional licensing, document workflow, and law enforcement software; assists public schools in completing payment processing functions, including accepting payments for online or at school lunches, and school activities.

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