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

i3 Verticals (NASDAQ:IIIV) updated its FY 2025 earnings guidance on Tuesday. 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 Up 4.0 %

Shares of IIIV opened at $24.11 on Thursday. The business’s fifty day moving average price is $22.93 and its two-hundred day moving average price is $21.98. The firm has a market capitalization of $814.68 million, a price-to-earnings ratio of 5.42 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 quick ratio of 2.98 and a current ratio of 2.98.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on IIIV shares. BMO Capital Markets reduced their price objective on shares of 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. Raymond James decreased their price objective on i3 Verticals from $31.00 to $28.00 and set a “strong-buy” rating for the company in a research report on Monday, August 12th. KeyCorp dropped their target price on shares of i3 Verticals from $28.00 to $27.00 and set an “overweight” rating on the stock in a report on Monday, August 12th. Stephens reissued an “overweight” rating and set a $29.00 price objective on shares of i3 Verticals in a research report on Tuesday. Finally, DA Davidson reaffirmed a “buy” rating and issued a $32.00 target price on shares of i3 Verticals in a research note on Monday, September 30th. 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. Based on data from MarketBeat, i3 Verticals currently has a consensus rating of “Moderate Buy” and an average target price 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.