i3 Verticals (NASDAQ:IIIV) Releases Earnings Results, Misses Estimates By $0.05 EPS

i3 Verticals (NASDAQ:IIIV) released its quarterly earnings data on Thursday. The company reported $0.23 EPS for the quarter, missing the consensus estimate of $0.28 by ($0.05), Zacks reports. i3 Verticals had a net margin of 37.35% and a return on equity of 3.88%. i3 Verticals updated its FY 2025 guidance to 1.050-1.250 EPS.

i3 Verticals Stock Performance

NASDAQ:IIIV opened at $27.08 on Friday. The stock has a 50-day simple moving average of $23.91 and a two-hundred day simple moving average of $23.23. The firm has a market capitalization of $908.26 million, a PE ratio of 6.29 and a beta of 1.51. i3 Verticals has a 52-week low of $17.54 and a 52-week high of $27.00.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Benchmark reissued a “buy” rating and set a $33.00 price objective on shares of i3 Verticals in a report on Tuesday, November 19th. Stephens reissued an “overweight” rating and set a $29.00 price target on shares of i3 Verticals in a report on Tuesday, November 19th. Two research analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $27.14.

Insider Transactions at i3 Verticals

In other news, President Frederick Stanford sold 17,577 shares of the stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $25.28, for a total value of $444,346.56. Following the completion of the sale, the president now directly owns 100,000 shares of the company’s stock, valued at $2,528,000. This represents a 14.95 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 59.07% of the company’s stock.

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.