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

i3 Verticals (NASDAQ:IIIV) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 1.050-1.250 for the period, compared to the consensus 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.

i3 Verticals Stock Performance

Shares of NASDAQ:IIIV traded down $0.12 during mid-day trading on Tuesday, reaching $24.28. 19,439 shares of the company traded hands, compared to its average volume of 220,746. The company’s 50 day moving average price is $22.85 and its 200-day moving average price is $21.95. The firm has a market cap of $820.42 million, a PE ratio of -271.44 and a beta of 1.53. i3 Verticals has a 52 week low of $17.54 and a 52 week high of $26.00. The company has a debt-to-equity ratio of 1.01, a current ratio of 2.98 and a quick ratio of 2.98.

Analysts Set New Price Targets

Several brokerages have recently commented on IIIV. KeyCorp decreased their price objective on shares of i3 Verticals from $28.00 to $27.00 and set an “overweight” rating on the stock in a research report on Monday, August 12th. DA Davidson restated a “buy” rating and issued a $32.00 price objective on shares of i3 Verticals in a research report on Monday, September 30th. Benchmark reiterated a “buy” rating and set a $33.00 target price on shares of i3 Verticals in a research report on Tuesday. BMO Capital Markets decreased their target price on i3 Verticals from $23.00 to $21.00 and set a “market perform” rating on the stock in a research note on Thursday, October 3rd. Finally, Stephens restated an “overweight” rating and issued a $29.00 price target on shares of i3 Verticals in a research note on Tuesday. Two research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $27.14.

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.