Should I buy or sell i3 Verticals stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for i3 Verticals in the last twelve months. There are currently 2 hold ratings, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" IIIV shares. View IIIV analyst ratings or view top-rated stocks .

What is i3 Verticals' stock price target for 2024?

6 brokerages have issued 12-month price targets for i3 Verticals' stock. Their IIIV share price targets range from $23.00 to $33.00. On average, they expect the company's stock price to reach $27.83 in the next twelve months. This suggests a possible upside of 39.7% from the stock's current price. View analysts price targets for IIIV or view top-rated stocks among Wall Street analysts .

How have IIIV shares performed in 2023?

i3 Verticals' stock was trading at $24.34 at the start of the year. Since then, IIIV shares have decreased by 18.2% and is now trading at $19.92. View the best growth stocks for 2023 here .

Are investors shorting i3 Verticals?

i3 Verticals saw a decrease in short interest in November. As of November 15th, there was short interest totaling 860,200 shares, a decrease of 5.7% from the October 31st total of 912,200 shares. Based on an average daily trading volume, of 139,200 shares, the short-interest ratio is presently 6.2 days. View i3 Verticals' Short Interest .

When is i3 Verticals' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 14th 2024. View our IIIV earnings forecast .

How were i3 Verticals' earnings last quarter?

i3 Verticals, Inc. (NASDAQ:IIIV) released its quarterly earnings results on Wednesday, November, 15th. The company reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by $0.01. The business had revenue of $96.41 million for the quarter, compared to analysts' expectations of $97.16 million. i3 Verticals had a negative net margin of 0.22% and a positive trailing twelve-month return on equity of 9.48%.

What ETF holds i3 Verticals' stock ?

ETFMG Prime Mobile Payments ETF holds 86,727 shares of IIIV stock, representing 0.46% of its portfolio.

What guidance has i3 Verticals issued on next quarter's earnings?

i3 Verticals updated its FY 2024 earnings guidance on Wednesday, November, 15th. The company provided earnings per share guidance of $1.60-$1.78 for the period, compared to the consensus earnings per share estimate of $1.77. The company issued revenue guidance of $385.00 million-$410.00 million, compared to the consensus revenue estimate of $405.84 million.

What other stocks do shareholders of i3 Verticals own?

Based on aggregate information from My MarketBeat watchlists, some companies that other i3 Verticals investors own include NVIDIA (NVDA) , Bristol-Myers Squibb (BMY) , Alibaba Group (BABA) , RTX (RTX) , Verizon Communications (VZ) , CVS Health (CVS) , Home Depot (HD) , QUALCOMM (QCOM) and Thermo Fisher Scientific (TMO) .

When did i3 Verticals IPO?

(IIIV) raised $80 million in an initial public offering (IPO) on Thursday, June 21st 2018. The company issued 6,700,000 shares at a price of $11.00-$13.00 per share. Cowen, Raymond James and KeyBanc Capital Markets served as the underwriters for the IPO.

Who are i3 Verticals' major shareholders?

i3 Verticals' stock is owned by a number of retail and institutional investors. Top institutional investors include Ranger Investment Management L.P. (3.06%), Voss Capital LLC (2.81%), Ameriprise Financial Inc. (1.87%), Heartland Advisors Inc. (1.61%), Royal Bank of Canada (1.59%) and Scout Investments Inc. (0.97%). Insiders that own company stock include David K Morgan, David K Morgan , David M Wilds , Frederick Stanford , Gregory S Daily , Robert Bertke and Timothy Mckenna. View institutional ownership trends .

How do I buy shares of i3 Verticals?

Shares of IIIV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

i3 Verticals Stock Price, News & Analysis (NASDAQ:IIIV)

$19.92

+0.39 (+2.00%)

(As of 12/8/2023 ET)

Compare

Today's Range: $19.51
▼
$20.43
50-Day Range: $18.14
▼
$20.95
52-Week Range: $17.87
▼
$30.83

Volume: 237,829 shs
Average Volume: 147,270 shs
Market Capitalization: $664.73 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $27.83

i3 Verticals MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.83 Rating Score
Upside/Downside: 39.7% Upside
$27.83 Price Target
Short Interest: Healthy
2.58% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -0.80
Upright™ Environmental Score
News Sentiment: 0.32
Based on 6 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 20.59%
From $1.02 to $1.23 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.70 out of 5 stars

Computer And Technology Sector

49th out of 586 stocks

Business Services, Not Elsewhere Classified Industry

13th out of 80 stocks

3.4

Analyst's Opinion

Consensus Rating
i3 Verticals has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $27.83, i3 Verticals has a forecasted upside of 39.7% from its current price of $19.92.
Amount of Analyst Coverage
i3 Verticals has only been the subject of 4 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
2.58% of the outstanding shares of i3 Verticals have been sold short.
Short Interest Ratio / Days to Cover
i3 Verticals has a short interest ratio ("days to cover") of 6.2.
Change versus previous month
Short interest in i3 Verticals has recently decreased by 5.70%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
i3 Verticals does not currently pay a dividend.
Dividend Growth
i3 Verticals does not have a long track record of dividend growth.

3.3

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
i3 Verticals has received a 35.68% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is driven by its "Card payment software" and "Payment platforms" products. See details.
Environmental Sustainability
The Environmental Impact score for i3 Verticals is -0.80.

2.4

News and Social Media Coverage

News Sentiment
i3 Verticals has a news sentiment score of 0.32. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.50 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for i3 Verticals this week, compared to 1 article on an average week.
MarketBeat Follows
2 people have added i3 Verticals to their MarketBeat watchlist in the last 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, i3 Verticals insiders have not sold or bought any company stock.
Percentage Held by Insiders
33.20% of the stock of i3 Verticals is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
64.19% of the stock of i3 Verticals is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for i3 Verticals are expected to grow by 20.59% in the coming year, from $1.02 to $1.23 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of i3 Verticals is -166.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of i3 Verticals is -166.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
i3 Verticals has a P/B Ratio of 2.02. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About i3 Verticals Stock (NASDAQ:IIIV)

i3 Verticals, Inc. provides integrated payment and software solutions to small- and medium-sized businesses and organizations in education, non-profit, public sector, and healthcare markets in the United States. It operates in two segments, Merchant Services, and Proprietary Software and Payments. The company offers payment processing services that enables clients to accept electronic payments, facilitating the exchange of funds and transaction data between clients, financial institutions, and payment networks. The company also licenses software; and provides ongoing support, and other point of sale-related solutions. It offers its solutions to clients through direct sales force; distribution partners, including independent software vendors, value-added resellers, and independent sales organizations; and referral partners, such as financial institutions, trade associations, chambers of commerce, and card issuers. The company was founded in 2012 and is headquartered in Nashville, Tennessee.

IIIV Stock Price History

30 days | 90 days | 365 days | Advanced Chart

IIIV Stock News Headlines

December 8, 2023 | americanbankingnews.com

Analysts Set i3 Verticals, Inc. (NASDAQ:IIIV) Target Price at $28.60

December 7, 2023 | americanbankingnews.com

BMO Capital Markets Initiates Coverage on i3 Verticals (NASDAQ:IIIV)

December 10, 2023 | DTI Trader (Ad)

All the trading advice you’ve ever received boils down to this

All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.

December 6, 2023 | finance.yahoo.com

i3 Verticals, Inc. (NASDAQ:IIIV) Is About To Turn The Corner

December 5, 2023 | markets.businessinsider.com

The Latest Analyst Ratings for i3 Verticals

December 4, 2023 | realmoney.thestreet.com

i3 Verticals initiated with a Market Perform at BMO Capital

November 20, 2023 | markets.businessinsider.com

Stephens & Co. Maintains Overweight Rating for i3 Verticals: Here's What You Need To Know

November 18, 2023 | markets.businessinsider.com

KeyBanc Keeps Their Buy Rating on I3 Verticals (IIIV)

December 10, 2023 | Autonomix (Ad)

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity

Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com

November 17, 2023 | finance.yahoo.com

i3 Verticals, Inc. (NASDAQ:IIIV) Q4 2023 Earnings Call Transcript

November 17, 2023 | finance.yahoo.com

Q4 2023 I3 Verticals Inc Earnings Call

November 16, 2023 | markets.businessinsider.com

Analysts’ Top Technology Picks: I3 Verticals (IIIV), Guidewire (GWRE)

November 16, 2023 | finance.yahoo.com

i3 Verticals (IIIV) Reports Q4 Earnings: What Key Metrics Have to Say

November 15, 2023 | morningstar.com

i3 Verticals Inc IIIV

November 15, 2023 | benzinga.com

i3 Verticals: Q4 Earnings Insights

November 15, 2023 | finance.yahoo.com

i3 Verticals Reports Fourth Quarter and Full Fiscal Year 2023 Financial Results

November 15, 2023 | finance.yahoo.com

i3 Verticals Inc (IIIV) Reports Strong Revenue and Adjusted EBITDA Growth in Q4 and Full Fiscal ...

November 2, 2023 | finance.yahoo.com

i3 Verticals Announces Earnings Release and Conference Call Dates for Fourth Quarter of Fiscal 2023

November 1, 2023 | seekingalpha.com

i3 Verticals: Growth Comes At A Price

October 26, 2023 | finance.yahoo.com

Bullish i3 Verticals Insiders Loaded Up On US$1.15m Of Stock

October 5, 2023 | finance.yahoo.com

Shareholders in i3 Verticals (NASDAQ:IIIV) are in the red if they invested three years ago

October 4, 2023 | finance.yahoo.com

Reasons to Add i3 Verticals (IIIV) to Your Portfolio

August 10, 2023 | msn.com

Keybanc Maintains i3 Verticals Inc - (IIIV) Overweight Recommendation

August 9, 2023 | seekingalpha.com

i3 Verticals, Inc. 2023 Q3 - Results - Earnings Call Presentation

August 9, 2023 | markets.businessinsider.com

I3 Verticals (IIIV) Gets a Buy from Stephens

August 8, 2023 | finance.yahoo.com

i3 Verticals Reports Third Quarter 2023 Financial Results

August 8, 2023 | finance.yahoo.com

I3 Verticals (IIIV) Matches Q3 Earnings Estimates

See More Headlines

Receive IIIV Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for i3 Verticals and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings: 11/15/2023
Today: 12/09/2023
Next Earnings (Estimated): 2/14/2024
Fiscal Year End: 9/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Business services, not elsewhere classified
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:IIIV
CUSIP: N/A
CIK: 1728688
Web: www.i3verticals.com
Phone: (615) 465-4487
Fax: N/A
Employees: 1,663
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $27.83
High Stock Price Target: $33.00
Low Stock Price Target: $23.00
Potential Upside/Downside: +39.7%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.83
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.12)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 19.53
P/E Growth: N/A
Net Income: $-810,000.00
Net Margins: -0.22%
Pretax Margin: -1.04%
Return on Equity: 9.48%
Return on Assets: 3.39%

Debt

Debt-to-Equity Ratio: 1.17
Current Ratio: 0.92
Quick Ratio: 0.92

Sales & Book Value

Annual Sales: $370.24 million
Price / Sales: 1.80
Cash Flow: $2.06 per share
Price / Cash Flow: 9.66
Book Value: $9.84 per share
Price / Book: 2.02

Miscellaneous

Outstanding Shares: 33,370,000
Free Float: 22,288,000
Market Cap: $664.73 million
Optionable: Not Optionable
Beta: 1.38

Beginners Guide To Retirement Stocks

Click the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report

Key Executives

Mr. Gregory S. Daily (Age 63)
Chairman & CEO
Comp: $334.11k
Mr. Frederick Stanford (Age 61)
President
Comp: $338.74k
Mr. Clay M. Whitson (Age 66)
CFO & Director
Comp: $298.22k
Mr. Paul Christians (Age 64)
Chief Operating Officer
Mr. Pete Panagakis (Age 51)
Chief Technology Officer
Mr. Paul Maple (Age 49)
General Counsel & Secretary
Ms. Diana Day-Cartee
Head of Enterprise Customer Experience
Ms. Amber Murphy
Senior Vice President of Human Resources
Mr. Geoffrey C. Smith (Age 36)
Senior Vice President of Finance
Mr. Christopher Laisure
President of Public Sector

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

IIIV Stock Analysis - Frequently Asked Questions

Should I buy or sell i3 Verticals stock right now?: 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for i3 Verticals in the last twelve months. There are currently 2 hold ratings, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" IIIV shares.
View IIIV analyst ratings or view top-rated stocks.
What is i3 Verticals' stock price target for 2024?: 6 brokerages have issued 12-month price targets for i3 Verticals' stock. Their IIIV share price targets range from $23.00 to $33.00. On average, they expect the company's stock price to reach $27.83 in the next twelve months. This suggests a possible upside of 39.7% from the stock's current price.
View analysts price targets for IIIV or view top-rated stocks among Wall Street analysts.
How have IIIV shares performed in 2023?: i3 Verticals' stock was trading at $24.34 at the start of the year. Since then, IIIV shares have decreased by 18.2% and is now trading at $19.92.
View the best growth stocks for 2023 here.
Are investors shorting i3 Verticals?: i3 Verticals saw a decrease in short interest in November. As of November 15th, there was short interest totaling 860,200 shares, a decrease of 5.7% from the October 31st total of 912,200 shares. Based on an average daily trading volume, of 139,200 shares, the short-interest ratio is presently 6.2 days.
View i3 Verticals' Short Interest.
When is i3 Verticals' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 14th 2024.
View our IIIV earnings forecast.
How were i3 Verticals' earnings last quarter?: i3 Verticals, Inc. (NASDAQ:IIIV) released its quarterly earnings results on Wednesday, November, 15th. The company reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by $0.01. The business had revenue of $96.41 million for the quarter, compared to analysts' expectations of $97.16 million. i3 Verticals had a negative net margin of 0.22% and a positive trailing twelve-month return on equity of 9.48%.

What ETF holds i3 Verticals' stock ?: ETFMG Prime Mobile Payments ETF holds 86,727 shares of IIIV stock, representing 0.46% of its portfolio.
What guidance has i3 Verticals issued on next quarter's earnings?: i3 Verticals updated its FY 2024 earnings guidance on Wednesday, November, 15th. The company provided earnings per share guidance of $1.60-$1.78 for the period, compared to the consensus earnings per share estimate of $1.77. The company issued revenue guidance of $385.00 million-$410.00 million, compared to the consensus revenue estimate of $405.84 million.
What other stocks do shareholders of i3 Verticals own?: Based on aggregate information from My MarketBeat watchlists, some companies that other i3 Verticals investors own include NVIDIA (NVDA), Bristol-Myers Squibb (BMY), Alibaba Group (BABA), RTX (RTX), Verizon Communications (VZ), CVS Health (CVS), Home Depot (HD), QUALCOMM (QCOM) and Thermo Fisher Scientific (TMO).
When did i3 Verticals IPO?: (IIIV) raised $80 million in an initial public offering (IPO) on Thursday, June 21st 2018. The company issued 6,700,000 shares at a price of $11.00-$13.00 per share. Cowen, Raymond James and KeyBanc Capital Markets served as the underwriters for the IPO.
Who are i3 Verticals' major shareholders?: i3 Verticals' stock is owned by a number of retail and institutional investors. Top institutional investors include Ranger Investment Management L.P. (3.06%), Voss Capital LLC (2.81%), Ameriprise Financial Inc. (1.87%), Heartland Advisors Inc. (1.61%), Royal Bank of Canada (1.59%) and Scout Investments Inc. (0.97%). Insiders that own company stock include David K Morgan, David K Morgan, David M Wilds, Frederick Stanford, Gregory S Daily, Robert Bertke and Timothy Mckenna.
View institutional ownership trends.
How do I buy shares of i3 Verticals?: Shares of IIIV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:IIIV) was last updated on 12/10/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial