i3 Verticals (IIIV) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $23.19 to $23.89
• 50-Day Range: $22.38 to $25.92
• 52-Week Range: $17.54 to $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

i3 Verticals Stock Analysis - MarketRank™

i3 Verticals scored higher than 93% of companies evaluated by MarketBeat, and ranked 75th out of 652 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

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.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 14.44%

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 115.29.

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 245.34.

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.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

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

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

i3 Verticals does not currently pay a dividend.

Dividend Growth

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

Sustainability and ESG

• Score: 3.3 / 5
• Environmental Score: -0.80

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 and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.63

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.

Company Ownership

• Score: 4.2 / 5
• Insider Trading: Selling Shares

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.

IIIV Stock Analysis - Frequently Asked Questions

How have IIIV shares performed this year?

i3 Verticals' stock was trading at $21.17 on January 1st, 2024. Since then, IIIV stock has increased by 10.3% and is now trading at $23.34.
View the best growth stocks for 2024 here.

How were i3 Verticals' earnings last quarter?

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

When did i3 Verticals IPO?

i3 Verticals (IIIV) raised $80 million in an initial public offering 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 served as the underwriters for the IPO.

Who are i3 Verticals' major shareholders?

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.

How do I buy shares of i3 Verticals?

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.

What other stocks do shareholders of i3 Verticals own?

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

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Business services, not elsewhere classified
• Sub-Industry: Business Services
• Current Symbol: NASDAQ:IIIV
• CUSIP: N/A
• CIK: 1728688
• Web: www.i3verticals.com
• Phone: (615) 465-4487
• 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

• EPS (Most Recent Fiscal Year): $4.45
• Trailing P/E Ratio: 5.24
• Forward P/E Ratio: 25.93
• P/E Growth: N/A
• Net Income: $113.34 million
• Net Margins: 37.35%
• Pretax Margin: -8.27%
• Return on Equity: 3.88%
• Return on Assets: 1.80%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.93
• Quick Ratio: 0.93

Sales & Book Value

• Annual Sales: $229.92 million
• Price / Sales: 3.40
• Cash Flow: $1.18 per share
• Price / Cash Flow: 19.70
• Book Value: $15.20 per share
• Price / Book: 1.54

Miscellaneous

• Outstanding Shares: 33,540,000
• Free Float: 22,136,000
• Market Cap: $782.82 million
• Optionable: Optionable
• Beta: 1.49