i3 Verticals, Inc. (NASDAQ:IIIV) Given Consensus Rating of “Hold” by Analysts

Shares of i3 Verticals, Inc. (NASDAQ:IIIV) have earned a consensus rating of “Hold” from the seven analysts that are presently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $25.40.

A number of brokerages have recently issued reports on IIIV. Cantor Fitzgerald lowered their target price on shares of i3 Verticals from $30.00 to $27.00 and set an “overweight” rating for the company in a research note on Monday, May 11th. DA Davidson decreased their price objective on shares of i3 Verticals from $30.00 to $28.00 and set a “buy” rating for the company in a report on Monday, August 10th. Benchmark cut shares of i3 Verticals from a “buy” rating to a “hold” rating in a research report on Monday, August 10th. Weiss Ratings lowered shares of i3 Verticals from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, August 21st. Finally, KeyCorp decreased their price target on shares of i3 Verticals from $27.00 to $20.00 and set an “overweight” rating for the company in a research note on Monday, August 10th.

i3 Verticals Price Performance

Shares of IIIV stock opened at $16.60 on Monday. i3 Verticals has a 52-week low of $15.57 and a 52-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 firm has a market capitalization of $436.91 million, a P/E ratio of 43.69 and a beta of 0.81. The stock has a 50 day moving average price of $19.22 and a 200 day moving average price of $20.62.

i3 Verticals (NASDAQ:IIIV) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.25 EPS for the quarter, meeting the consensus estimate of $0.25. i3 Verticals had a return on equity of 4.49% and a net margin of 4.24%.The company had revenue of $53.07 million for the quarter, compared to the consensus estimate of $54.99 million. i3 Verticals has set its FY 2026 guidance at 1.080-1.120 EPS. As a group, sell-side analysts predict that i3 Verticals will post 0.64 earnings per share for the current year.

Institutional Trading of i3 Verticals

Institutional investors and hedge funds have recently made changes to their positions in the company. Fifth Third Bancorp bought a new position in i3 Verticals during the 1st quarter worth about $28,000. Caitong International Asset Management Co. Ltd raised its holdings in shares of i3 Verticals by 1,299.0% in the 4th 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 in the last quarter. CWM LLC lifted its position in shares of i3 Verticals by 221.7% in the 4th quarter. CWM LLC now owns 1,393 shares of the company’s stock worth $35,000 after purchasing an additional 960 shares during the period. Global Retirement Partners LLC lifted its position in shares of i3 Verticals by 8,259.1% in the 4th quarter. Global Retirement Partners LLC now owns 1,839 shares of the company’s stock worth $46,000 after purchasing an additional 1,817 shares during the period. Finally, BNP Paribas Financial Markets boosted its stake in shares of i3 Verticals by 65.5% during the second quarter. BNP Paribas Financial Markets now owns 2,198 shares of the company’s stock valued at $60,000 after purchasing an additional 870 shares in the last quarter. 84.22% of the stock is currently owned by institutional investors.

About i3 Verticals

i3 Verticals, Inc is a provider of integrated software and merchant payment processing solutions tailored for specific vertical markets across the United States. Since its founding in 2001 and headquartered in Columbia, South Carolina, the company has focused on delivering SaaS-based applications and payment services to streamline revenue collection and management workflows for its clients.

The company’s product portfolio includes electronic payment processing for credit and debit card transactions, automated clearing house (ACH) transfers, online and mobile payment portals, and related risk management and compliance tools.