i3 Verticals (IIIV) Scheduled to Post Earnings on Friday

i3 Verticals (NASDAQ:IIIV) will release its earnings data before the market opens on Friday, May 10th. Analysts expect i3 Verticals to post earnings of $0.38 per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

i3 Verticals (NASDAQ:IIIV) last issued its quarterly earnings data on Thursday, February 8th. The company reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.22 by $0.01. i3 Verticals had a return on equity of 9.28% and a net margin of 0.14%. The company had revenue of $91.99 million for the quarter, compared to the consensus estimate of $92.92 million. On average, analysts expect i3 Verticals to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

i3 Verticals Price Performance

Shares of IIIV stock opened at $22.53 on Thursday. The stock’s 50-day moving average is $22.48 and its 200 day moving average is $20.93. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.50 and a quick ratio of 0.50. i3 Verticals has a 1-year low of $17.54 and a 1-year high of $25.70. The company has a market cap of $751.83 million, a P/E ratio of -321.86 and a beta of 1.56.

Analysts Set New Price Targets

A number of research firms have commented on IIIV. Benchmark reiterated a “buy” rating and issued a $28.00 price target on shares of i3 Verticals in a research note on Monday, April 1st. KeyCorp raised their price objective on i3 Verticals from $23.00 to $26.00 and gave the stock an “overweight” rating in a research note on Monday, April 22nd. BMO Capital Markets reduced their price objective on i3 Verticals from $24.00 to $23.00 and set a “market perform” rating for the company in a research note on Monday, February 12th. Morgan Stanley dropped their target price on i3 Verticals from $25.00 to $20.00 and set an “equal weight” rating on the stock in a report on Monday, February 12th. Finally, TheStreet raised i3 Verticals from a “d+” rating to a “c-” rating in a report on Monday, March 18th. Two research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $27.43.

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.