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NASDAQ:IIIV

i3 Verticals (IIIV) Stock Price, News & Analysis

$22.37
0.00 (0.00%)
(As of 09/17/2024 ET)

About i3 Verticals Stock (NASDAQ:IIIV)

Key Stats

Today's Range
$22.27
$22.65
50-Day Range
$20.96
$24.99
52-Week Range
$17.54
$25.51
Volume
98,857 shs
Average Volume
222,037 shs
Market Capitalization
$748.77 million
P/E Ratio
2,239.24
Dividend Yield
N/A
Price Target
$26.83
Consensus Rating
Moderate Buy

Company Overview

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. It also provides software platforms, such as electronic healthcare records and revenue cycle management solutions; insurance adjudication, patient engagement platforms, billing, scheduling, and integrated payments solutions; and workflow software and associated professional services to medical insurance payers. In addition, the company engages in software licenses and subscriptions, transaction-based fees, ongoing software maintenance and support, and other software-related solutions; and payment processing and gateway fees, as well as other related fixed transaction or service fees. Further, it sells equipment, and offers non-software related professional services. The company offers its solutions to clients through direct sales force; distribution partners comprising independent software vendors, independent sales organizations, and value-added resellers. i3 Verticals, Inc. was founded in 2012 and is headquartered in Nashville, Tennessee.

i3 Verticals Stock Analysis - MarketRank™

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Overall MarketRank™: 85th Percentile

i3 Verticals scored higher than 85% of companies evaluated by MarketBeat, and ranked 182nd out of 659 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • 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.

  • Amount of Analyst Coverage

    i3 Verticals has only been the subject of 4 research reports in the past 90 days.

  • Read more about i3 Verticals' stock forecast and price target.
  • Earnings Growth

    Earnings for i3 Verticals are expected to grow by 300.00% in the coming year, from $0.19 to $0.76 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of i3 Verticals is 2,239.24, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 130.60.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of i3 Verticals is 2,239.24, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 269.39.

  • Price to Book Value per Share Ratio

    i3 Verticals has a P/B Ratio of 2.27. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about i3 Verticals' valuation and earnings.
  • Percentage of Shares Shorted

    2.44% 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 3.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in i3 Verticals has recently increased by 11.08%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    i3 Verticals does not currently pay a dividend.

  • Dividend Growth

    i3 Verticals does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    2.44% 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 3.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in i3 Verticals has recently increased by 11.08%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    i3 Verticals has a news sentiment score of 0.66. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for i3 Verticals this week, compared to 2 articles on an average week.
  • 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

    34.00% 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

    84.22% of the stock of i3 Verticals is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about i3 Verticals' insider trading history.
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IIIV Stock News Headlines

Why Are Buffett, Bezos, and Musk Fleeing Tech? Here's What To Do Now...
The financial world is on high alert. Billionaires like Warren Buffett, Jeff Bezos, and Elon Musk are dumping their tech stocks at a pace we've never seen before. What do they know that's pushing them out? One that Fortune is calling:"The Great Cash Out".
IIIV Sep 2024 25.000 put (IIIV240920P00025000)
Breakeven Is Near for i3 Verticals, Inc. (NASDAQ:IIIV)
See More Headlines

IIIV Stock Analysis - Frequently Asked Questions

i3 Verticals' stock was trading at $21.17 at the beginning of 2024. Since then, IIIV shares have increased by 5.7% and is now trading at $22.37.
View the best growth stocks for 2024 here
.

i3 Verticals, Inc. (NASDAQ:IIIV) released its earnings results on Thursday, August, 8th. The company reported ($0.12) earnings per share for the quarter, missing analysts' consensus estimates of $0.19 by $0.31. The company earned $56.04 million during the quarter, compared to analysts' expectations of $96.43 million. i3 Verticals had a positive trailing twelve-month return on equity of 5.99% and a negative net margin of 0.01%.

i3 Verticals (IIIV) raised $80 million in an IPO on Thursday, June 21st 2018. The company issued 6,700,000 shares at $11.00-$13.00 per share. Cowen, Raymond James and KeyBanc Capital Markets acted as the underwriters for the IPO.

Top institutional investors of i3 Verticals include Hood River Capital Management LLC (3.56%), Millennium Management LLC (2.01%), Long Path Partners LP (1.73%) and Dimensional Fund Advisors LP (1.45%). Insiders that own company stock include Gregory S Daily, David K Morgan, Timothy Mckenna, Robert Bertke and Frederick Stanford.
View institutional ownership trends
.

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

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

Company Calendar

Last Earnings
8/08/2024
Today
9/17/2024
Fiscal Year End
9/30/2024
Next Earnings (Estimated)
11/20/2024

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
Business Services
Current Symbol
NASDAQ:IIIV
Fax
N/A
Employees
1,663
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$26.83
High Stock Price Target
$33.00
Low Stock Price Target
$20.00
Potential Upside/Downside
+20.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

Net Income
$-810,000.00
Pretax Margin
1.37%

Debt

Sales & Book Value

Annual Sales
$371.16 million
Cash Flow
$2.10 per share
Book Value
$9.84 per share

Miscellaneous

Free Float
22,092,000
Market Cap
$748.77 million
Optionable
Optionable
Beta
1.54
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This page (NASDAQ:IIIV) was last updated on 9/17/2024 by MarketBeat.com Staff
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