i3 Verticals, Inc. (NASDAQ:IIIV) Receives Consensus Recommendation of “Hold” from Analysts

i3 Verticals, Inc. (NASDAQ:IIIV) has received an average recommendation of “Hold” from the seven research firms that are presently covering the stock, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $25.40.

IIIV has been the topic of a number of recent research reports. Cantor Fitzgerald lowered their price target on shares of i3 Verticals from $30.00 to $27.00 and set an “overweight” rating on the stock in a research report on Monday, May 11th. Benchmark downgraded i3 Verticals from a “buy” rating to a “hold” rating in a research report on Monday. DA Davidson cut their target price on i3 Verticals from $30.00 to $28.00 and set a “buy” rating on the stock in a research report on Monday. KeyCorp reduced their price target on shares of i3 Verticals from $27.00 to $20.00 and set an “overweight” rating on the stock in a research report on Monday. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of i3 Verticals in a report on Friday, August 7th.

Institutional Investors Weigh In On i3 Verticals

Several institutional investors have recently added to or reduced their stakes in the business. Fifth Third Bancorp purchased a new position in i3 Verticals in the first quarter valued at approximately $28,000. CWM LLC lifted its position in shares of i3 Verticals by 221.7% during the 4th quarter. CWM LLC now owns 1,393 shares of the company’s stock worth $35,000 after buying an additional 960 shares during the last quarter. Caitong International Asset Management Co. Ltd boosted its holdings in shares of i3 Verticals by 1,299.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,371 shares of the company’s stock valued at $35,000 after buying an additional 1,273 shares in the last quarter. Global Retirement Partners LLC boosted its holdings in shares of i3 Verticals by 8,259.1% in the 4th quarter. Global Retirement Partners LLC now owns 1,839 shares of the company’s stock valued at $46,000 after buying an additional 1,817 shares in the last quarter. Finally, BNP Paribas Financial Markets grew its position in shares of i3 Verticals by 65.5% in the 2nd quarter. BNP Paribas Financial Markets now owns 2,198 shares of the company’s stock valued at $60,000 after buying an additional 870 shares during the last quarter. Hedge funds and other institutional investors own 84.22% of the company’s stock.

i3 Verticals Stock Performance

IIIV opened at $16.54 on Thursday. The company has a market cap of $461.96 million, a price-to-earnings ratio of 43.53 and a beta of 0.83. i3 Verticals has a 52-week low of $16.00 and a 52-week high of $33.97. The firm’s fifty day simple moving average is $20.42 and its two-hundred day simple moving average is $21.28. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.18.

i3 Verticals (NASDAQ:IIIV) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.25 EPS for the quarter, hitting the consensus estimate of $0.25. The company had revenue of $53.07 million during the quarter, compared to analyst estimates of $54.99 million. i3 Verticals had a return on equity of 4.30% and a net margin of 4.24%.i3 Verticals has set its FY 2026 guidance at 1.080-1.120 EPS. Equities analysts anticipate that i3 Verticals will post 0.66 earnings per share for the current fiscal year.

About i3 Verticals

i3 Verticals, Inc is a provider of integrated software and merchant payment processing solutions tailored for specific vertical markets across the United States. Since its founding in 2001 and headquartered in Columbia, South Carolina, the company has focused on delivering SaaS-based applications and payment services to streamline revenue collection and management workflows for its clients.

The company’s product portfolio includes electronic payment processing for credit and debit card transactions, automated clearing house (ACH) transfers, online and mobile payment portals, and related risk management and compliance tools.