i3 Verticals (IIIV) Scheduled to Post Earnings on Friday

i3 Verticals (NASDAQ:IIIV - Get Free Report) is scheduled to be releasing its earnings data before the market opens on Friday, May 10th. Analysts expect i3 Verticals to post earnings of $0.38 per share for the quarter. i3 Verticals has set its FY 2024 guidance at 1.520-1.640 EPS.Individual that are interested in registering for the company's earnings conference call can do so using this link.

i3 Verticals (NASDAQ:IIIV - Get Free Report) last released its earnings results on Thursday, February 8th. The company reported $0.23 EPS for the quarter, topping analysts' consensus estimates of $0.22 by $0.01. The firm had revenue of $91.99 million during the quarter, compared to analyst estimates of $92.92 million. i3 Verticals had a net margin of 0.14% and a return on equity of 9.28%. On average, analysts expect i3 Verticals to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

i3 Verticals Trading Up 0.6 %

Shares of IIIV stock traded up $0.14 during trading hours on Friday, reaching $22.40. The company had a trading volume of 125,013 shares, compared to its average volume of 170,700. i3 Verticals has a 1-year low of $17.54 and a 1-year high of $25.70. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.50 and a quick ratio of 0.50. The firm has a market cap of $747.56 million, a price-to-earnings ratio of -320.00 and a beta of 1.56. The company has a 50 day moving average of $22.49 and a 200 day moving average of $20.89.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on IIIV. TheStreet upgraded i3 Verticals from a "d+" rating to a "c-" rating in a report on Monday, March 18th. Morgan Stanley lowered their target price on shares of i3 Verticals from $25.00 to $20.00 and set an "equal weight" rating for the company in a research note on Monday, February 12th. BMO Capital Markets reduced their price target on shares of i3 Verticals from $24.00 to $23.00 and set a "market perform" rating on the stock in a research report on Monday, February 12th. Benchmark reaffirmed a "buy" rating and set a $28.00 price objective on shares of i3 Verticals in a research note on Monday, April 1st. Finally, KeyCorp boosted their target price on i3 Verticals from $23.00 to $26.00 and gave the company an "overweight" rating in a research note on Monday, April 22nd. Two analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $27.43.

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.