i3 Verticals, Inc. (NASDAQ:IIIV) Stock Has Average Price Target of $25.40 According to Brokerages

i3 Verticals, Inc. (NASDAQ:IIIV) has been assigned a consensus recommendation of “Hold” from the seven research firms that are presently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating on the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $25.40.

A number of equities analysts have recently commented on the stock. DA Davidson cut their target price on shares of i3 Verticals from $30.00 to $28.00 and set a “buy” rating on the stock in a report on Monday, August 10th. Benchmark cut shares of i3 Verticals from a “buy” rating to a “hold” rating in a research note on Monday, August 10th. KeyCorp lowered their price objective on shares of i3 Verticals from $27.00 to $20.00 and set an “overweight” rating on the stock in a research report on Monday, August 10th. Finally, Weiss Ratings lowered shares of i3 Verticals from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, August 21st.

Hedge Funds Weigh In On i3 Verticals

Several institutional investors have recently added to or reduced their stakes in the stock. Fifth Third Bancorp acquired a new stake in i3 Verticals during the 1st quarter worth approximately $28,000. Caitong International Asset Management Co. Ltd increased its holdings in shares of i3 Verticals by 1,299.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,371 shares of the company’s stock valued at $35,000 after purchasing an additional 1,273 shares during the period. Integrated Wealth Concepts LLC purchased a new stake in shares of i3 Verticals during the second quarter worth approximately $40,000. State of Wyoming purchased a new stake in shares of i3 Verticals during the first quarter worth approximately $70,000. Finally, Corient Private Wealth LP acquired a new stake in shares of i3 Verticals during the second quarter worth $262,000. Institutional investors and hedge funds own 84.22% of the company’s stock.

i3 Verticals Stock Up 4.6%

i3 Verticals stock opened at $14.45 on Friday. i3 Verticals has a fifty-two week low of $13.63 and a fifty-two week high of $33.97. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.21 and a current ratio of 1.21. The company has a market capitalization of $380.32 million, a P/E ratio of 38.03 and a beta of 0.78. The stock has a 50-day simple moving average of $16.94 and a 200-day simple moving average of $19.59.

i3 Verticals (NASDAQ:IIIV) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.25 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.25. The firm had revenue of $53.07 million for the quarter, compared to the consensus estimate of $54.99 million. i3 Verticals had a return on equity of 4.49% and a net margin of 4.24%.i3 Verticals has set its FY 2026 guidance at 1.080-1.120 EPS. Equities research analysts expect that i3 Verticals will post 0.6 earnings per share for the current year.

i3 Verticals Company Profile

i3 Verticals, Inc was a Nashville, Tennessee-based provider of integrated software and payment solutions. The company developed technology designed to help organizations manage financial transactions, billing, collections, reporting and other operational workflows through industry-specific platforms.

Its offerings primarily served public-sector organizations and businesses in specialized markets. Solutions supported areas such as government payments, courts and justice, education, utilities, healthcare and other regulated or service-oriented industries.