i3 Verticals (IIIV) Set to Announce Earnings on Monday

i3 Verticals (NASDAQ:IIIV - Get Free Report) will post its quarterly earnings results after the market closes on Monday, November 18th. Analysts expect i3 Verticals to post earnings of $0.18 per share for the quarter. Investors that are interested in participating in the company's conference call can do so using this link.

i3 Verticals (NASDAQ:IIIV - Get Free Report) last posted its earnings results on Thursday, August 8th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by ($0.31). i3 Verticals had a positive return on equity of 5.99% and a negative net margin of 0.01%. The business had revenue of $56.04 million during the quarter, compared to the consensus estimate of $96.43 million. On average, analysts expect i3 Verticals to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

i3 Verticals Trading Up 2.7 %

IIIV stock traded up $0.69 during trading on Monday, reaching $25.92. The company had a trading volume of 142,740 shares, compared to its average volume of 220,222. The company has a debt-to-equity ratio of 1.01, a current ratio of 2.98 and a quick ratio of 2.98. The company has a market cap of $875.84 million, a P/E ratio of -280.33 and a beta of 1.53. The business has a 50 day moving average of $22.43 and a 200 day moving average of $21.85. i3 Verticals has a 52 week low of $17.54 and a 52 week high of $25.96.

Analyst Ratings Changes

Several research analysts have issued reports on the company. KeyCorp dropped their target price on i3 Verticals from $28.00 to $27.00 and set an "overweight" rating on the stock in a research report on Monday, August 12th. Raymond James dropped their target price on i3 Verticals from $31.00 to $28.00 and set a "strong-buy" rating for the company in a research report on Monday, August 12th. Benchmark reaffirmed a "buy" rating and issued a $33.00 price target on shares of i3 Verticals in a research note on Tuesday, September 3rd. BMO Capital Markets decreased their target price on i3 Verticals from $23.00 to $21.00 and set a "market perform" rating for the company in a research report on Thursday, October 3rd. Finally, Stephens reaffirmed an "overweight" rating and issued a $29.00 price target on shares of i3 Verticals in a research report on Friday, August 16th. Two research analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $27.14.

i3 Verticals Company Profile

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.