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

i3 Verticals (NASDAQ:IIIV - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 1.050-1.250 for the period, compared to the consensus earnings per share estimate of 1.190. The company issued revenue guidance of $243.0 million-$263.0 million, compared to the consensus revenue estimate of $251.3 million.

i3 Verticals Stock Performance

IIIV stock traded up $1.00 on Monday, reaching $29.22. The company's stock had a trading volume of 461,489 shares, compared to its average volume of 285,696. The firm has a market cap of $980.04 million, a PE ratio of 6.51 and a beta of 1.51. The business has a fifty day simple moving average of $24.06 and a two-hundred day simple moving average of $23.29. i3 Verticals has a 12-month low of $18.21 and a 12-month high of $29.80.

i3 Verticals (NASDAQ:IIIV - Get Free Report) last posted its earnings results on Thursday, February 6th. The company reported $0.23 EPS for the quarter, missing the consensus estimate of $0.28 by ($0.05). i3 Verticals had a return on equity of 3.59% and a net margin of 41.85%. As a group, research analysts anticipate that i3 Verticals will post 0.9 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have weighed in on IIIV shares. Stephens reiterated an "overweight" rating and set a $29.00 target price on shares of i3 Verticals in a report on Tuesday, November 19th. KeyCorp increased their price objective on i3 Verticals from $27.00 to $32.00 and gave the stock an "overweight" rating in a report on Monday. DA Davidson boosted their target price on shares of i3 Verticals from $32.00 to $34.00 and gave the company a "buy" rating in a report on Monday. BMO Capital Markets increased their price target on shares of i3 Verticals from $22.00 to $26.00 and gave the stock a "market perform" rating in a research note on Monday. Finally, Benchmark reissued a "buy" rating and set a $33.00 price target on shares of i3 Verticals in a research report on Tuesday, November 19th. Two research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $28.86.

Insider Transactions at i3 Verticals

In related news, President Frederick Stanford sold 17,577 shares of the firm's stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $25.28, for a total transaction of $444,346.56. Following the completion of the sale, the president now owns 100,000 shares of the company's stock, valued at $2,528,000. This trade represents a 14.95 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 59.07% of the stock is owned by insiders.

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.