i3 Verticals (NASDAQ:IIIV) Issues FY 2025 Earnings Guidance

i3 Verticals (NASDAQ:IIIV - Get Free Report) updated its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 1.050-1.250 for the period, compared to the consensus EPS estimate of 1.190. The company issued revenue guidance of $243.0 million-$263.0 million, compared to the consensus revenue estimate of $254.1 million.

Wall Street Analysts Forecast Growth

IIIV has been the topic of several analyst reports. Raymond James lowered their target price on shares of i3 Verticals from $31.00 to $28.00 and set a "strong-buy" rating on the stock in a report on Monday, August 12th. Benchmark reissued a "buy" rating and issued a $33.00 target price on shares of i3 Verticals in a report on Tuesday. KeyCorp cut their price target on shares of i3 Verticals from $28.00 to $27.00 and set an "overweight" rating for the company in a report on Monday, August 12th. BMO Capital Markets decreased their price objective on shares of i3 Verticals from $23.00 to $21.00 and set a "market perform" rating on the stock in a report on Thursday, October 3rd. Finally, Stephens restated an "overweight" rating and set a $29.00 target price on shares of i3 Verticals in a research report on Tuesday. Two equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, i3 Verticals has a consensus rating of "Moderate Buy" and a consensus target price of $27.14.

i3 Verticals Price Performance

Shares of IIIV traded down $1.21 during trading hours on Tuesday, reaching $23.19. 305,249 shares of the company traded hands, compared to its average volume of 222,022. The stock has a market capitalization of $783.59 million, a PE ratio of -257.67 and a beta of 1.53. The stock has a fifty day simple moving average of $22.88 and a 200 day simple moving average of $21.96. i3 Verticals has a fifty-two week low of $17.54 and a fifty-two week high of $26.00. The company has a quick ratio of 2.98, a current ratio of 2.98 and a debt-to-equity ratio of 1.01.

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.