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NASDAQ:IIIV

i3 Verticals (IIIV) Stock Price, News & Analysis

i3 Verticals logo
$23.34 -0.12 (-0.51%)
(As of 12/20/2024 05:31 PM ET)

About i3 Verticals Stock (NASDAQ:IIIV)

Key Stats

Today's Range
$23.19
$23.89
50-Day Range
$22.38
$25.92
52-Week Range
$17.54
$26.66
Volume
412,802 shs
Average Volume
226,738 shs
Market Capitalization
$782.82 million
P/E Ratio
5.24
Dividend Yield
N/A
Price Target
$27.14
Consensus Rating
Moderate Buy

Company Overview

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. It also provides software platforms, such as electronic healthcare records and revenue cycle management solutions; insurance adjudication, patient engagement platforms, billing, scheduling, and integrated payments solutions; and workflow software and associated professional services to medical insurance payers. In addition, the company engages in software licenses and subscriptions, transaction-based fees, ongoing software maintenance and support, and other software-related solutions; and payment processing and gateway fees, as well as other related fixed transaction or service fees. Further, it sells equipment, and offers non-software related professional services. The company offers its solutions to clients through direct sales force; distribution partners comprising independent software vendors, independent sales organizations, and value-added resellers. i3 Verticals, Inc. was founded in 2012 and is headquartered in Nashville, Tennessee.

i3 Verticals Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
93rd Percentile Overall Score

IIIV MarketRank™: 

i3 Verticals scored higher than 93% of companies evaluated by MarketBeat, and ranked 76th out of 653 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    i3 Verticals has received a consensus rating of Moderate Buy. The company's average rating score is 2.86, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    i3 Verticals has only been the subject of 4 research reports in the past 90 days.

  • Read more about i3 Verticals' stock forecast and price target.
  • Earnings Growth

    Earnings for i3 Verticals are expected to grow by 14.44% in the coming year, from $0.90 to $1.03 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of i3 Verticals is 5.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.39.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of i3 Verticals is 5.24, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 237.69.

  • Price to Book Value per Share Ratio

    i3 Verticals has a P/B Ratio of 1.54. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    2.51% of the outstanding shares of i3 Verticals have been sold short.
  • Short Interest Ratio / Days to Cover

    i3 Verticals has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in i3 Verticals has recently decreased by 8.34%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    i3 Verticals does not currently pay a dividend.

  • Dividend Growth

    i3 Verticals does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    2.51% of the outstanding shares of i3 Verticals have been sold short.
  • Short Interest Ratio / Days to Cover

    i3 Verticals has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in i3 Verticals has recently decreased by 8.34%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    i3 Verticals has a news sentiment score of 0.63. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 5 news articles for i3 Verticals this week, compared to 2 articles on an average week.
  • Search Interest

    Only 1 people have searched for IIIV on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, i3 Verticals insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $444,347.00 in company stock.

  • Percentage Held by Insiders

    34.00% of the stock of i3 Verticals is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    84.22% of the stock of i3 Verticals is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about i3 Verticals' insider trading history.
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IIIV Stock News Headlines

We recommended Palantir in 2021, now we’re recommending this...
My research indicates there is only one investment that can meet AI's unprecedented demand for energy.
Brokerages Set i3 Verticals, Inc. (NASDAQ:IIIV) Target Price at $27.14
i3 Verticals, Inc. (NASDAQ:IIIV) Short Interest Down 8.3% in November
Gregory Daily Bought 39% More Shares In i3 Verticals
See More Headlines

IIIV Stock Analysis - Frequently Asked Questions

i3 Verticals' stock was trading at $21.17 at the beginning of the year. Since then, IIIV stock has increased by 10.3% and is now trading at $23.34.
View the best growth stocks for 2024 here
.

i3 Verticals, Inc. (NASDAQ:IIIV) announced its quarterly earnings data on Tuesday, November, 16th. The company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.29 by $0.09. The business earned $67.19 million during the quarter, compared to the consensus estimate of $64.41 million. i3 Verticals had a trailing twelve-month return on equity of 3.88% and a net margin of 37.35%.

i3 Verticals (IIIV) raised $80 million in an initial public offering (IPO) on Thursday, June 21st 2018. The company issued 6,700,000 shares at $11.00-$13.00 per share. Cowen, Raymond James and KeyBanc Capital Markets acted as the underwriters for the IPO.

Top institutional investors of i3 Verticals include Geneva Capital Management LLC (5.34%), Long Path Partners LP (2.76%), Portolan Capital Management LLC (1.93%) and Geode Capital Management LLC (1.58%). Insiders that own company stock include Gregory S Daily, Frederick Stanford, David K Morgan, Timothy Mckenna and Robert Bertke.
View institutional ownership trends
.

Shares of IIIV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that i3 Verticals investors own include Organigram (OGI), Lucid Group (LCID), Trade Desk (TTD), Ford Motor (F), NVIDIA (NVDA), Finance of America Companies (FOA) and

Company Calendar

Last Earnings
11/16/2021
Today
12/21/2024
Fiscal Year End
9/30/2025

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
Business Services
Current Symbol
NASDAQ:IIIV
Fax
N/A
Employees
1,480
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$27.14
High Stock Price Target
$33.00
Low Stock Price Target
$20.00
Potential Upside/Downside
+16.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.86
Research Coverage
7 Analysts

Profitability

Net Income
$113.34 million
Pretax Margin
-8.27%

Debt

Sales & Book Value

Annual Sales
$229.92 million
Cash Flow
$1.18 per share
Book Value
$15.20 per share

Miscellaneous

Free Float
22,136,000
Market Cap
$782.82 million
Optionable
Optionable
Beta
1.49

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This page (NASDAQ:IIIV) was last updated on 12/21/2024 by MarketBeat.com Staff
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