NASDAQ:IIIV - i3 Verticals Stock Price, Forecast & News

i3 Verticals trades on the NASDAQ under the ticker symbol "IIIV."

i3 Verticals Inc (NASDAQ:IIIV) announced its earnings results on Thursday, November, 21st. The company reported $0.24 EPS for the quarter, beating analysts' consensus estimates of $0.19 by $0.05. The company earned $40.57 million during the quarter, compared to analysts' expectations of $38.20 million. i3 Verticals had a positive return on equity of 14.31% and a negative net margin of 0.81%. i3 Verticals's revenue for the quarter was up 44.4% on a year-over-year basis. During the same period last year, the business posted $0.19 EPS. View i3 Verticals' Earnings History.

i3 Verticals is scheduled to release their next quarterly earnings announcement on Wednesday, February 12th 2020. View Earnings Estimates for i3 Verticals.

i3 Verticals issued an update on its FY 2020 After-Hours earnings guidance on Monday, November, 25th. The company provided earnings per share (EPS) guidance of $$0.91-0.97 for the period, compared to the Thomson Reuters consensus estimate of $$0.92. The company issued revenue guidance of $$160-164 million, compared to the consensus revenue estimate of $$152.49 million.

3 analysts have issued 1-year target prices for i3 Verticals' shares. Their forecasts range from $23.00 to $36.00. On average, they expect i3 Verticals' stock price to reach $29.00 in the next year. This suggests that the stock has a possible downside of 8.8%. View Analyst Price Targets for i3 Verticals.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for i3 Verticals in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for i3 Verticals.

News coverage about IIIV stock has trended somewhat positive recently, InfoTrie Sentiment reports. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. i3 Verticals earned a media sentiment score of 1.5 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for i3 Verticals.

i3 Verticals saw a decrease in short interest in the month of December. As of December 31st, there was short interest totalling 493,000 shares, a decrease of 7.8% from the December 15th total of 534,700 shares. Based on an average daily volume of 133,900 shares, the days-to-cover ratio is currently 3.7 days. Approximately 3.4% of the shares of the stock are short sold. View i3 Verticals' Current Options Chain.

Some companies that are related to i3 Verticals include Sothebys (BID), HMS (HMSY), ExlService (EXLS), EVO Payments (EVOP), Cardtronics (CATM), Wageworks (WAGE), GreenSky (GSKY), Stamps.com (STMP), CBIZ (CBZ), Viad (VVI), Conduent (CNDT), Radware (RDWR), Qiwi (QIWI), Tabula Rasa HealthCare (TRHC) and LendingClub (LC).

Based on aggregate information from My MarketBeat watchlists, some companies that other i3 Verticals investors own include Alibaba Group (BABA), NVIDIA (NVDA), Thermo Fisher Scientific (TMO), CVS Health (CVS), Honeywell International (HON), Cisco Systems (CSCO), salesforce.com (CRM), Home Depot (HD), Procter & Gamble (PG) and Raytheon (RTN).

(IIIV) raised $80 million in an initial public offering (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.

i3 Verticals' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Mesirow Financial Investment Management Inc. (0.05%). Company insiders that own i3 Verticals stock include David K Morgan, David Scott Meriwether, Frederick Stanford, Gregory S Daily and Paul Maple. View Institutional Ownership Trends for i3 Verticals.

IIIV stock was sold by a variety of institutional investors in the last quarter, including Mesirow Financial Investment Management Inc.. Company insiders that have sold i3 Verticals company stock in the last year include David Scott Meriwether and Frederick Stanford. View Insider Buying and Selling for i3 Verticals.

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

One share of IIIV stock can currently be purchased for approximately $31.80.

i3 Verticals has a market capitalization of $871.42 million and generates $376.31 million in revenue each year. The company earns $-3,050,000.00 in net income (profit) each year or $0.39 on an earnings per share basis. i3 Verticals employs 338 workers across the globe.View Additional Information About i3 Verticals.

The official website for i3 Verticals is http://www.i3verticals.com/.

i3 Verticals' mailing address is 40 BURTON HILLS BLVD. SUITE 415, NASHVILLE TN, 37215. The company can be reached via phone at 615-465-4487 or via email at [email protected]