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I3 Verticals (IIIV)
NASDAQ:IIIV
Holding IIIV?
Track your performance easily
IIIV Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$17.54 - $25.51
Previous Close$21.89
Volume167.32K
Average Volume (3M)205.46K
Market Cap
$739.64M
Enterprise Value$1.21B
Total Cash (Recent Filing)$9.74M
Total Debt (Recent Filing)$384.54M
Price to Earnings (P/E)―
Beta1.23
Next Earnings
Nov 13, 2024EPS Estimate
$0.2Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.08
Shares Outstanding33,788,833
10 Day Avg. Volume117,013
30 Day Avg. Volume205,457
Standard Deviation0.14
R-Squared0.33
Alpha-0.00942
Financial Highlights & Ratios
Price to Book (P/B)2.96
Price to Sales (P/S)2.23
Price to Cash Flow (P/CF)23.30
P/FCF Ratio50.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.60
Enterprise Value/Gross Profit4.18
Enterprise Value/Ebitda20.37
Forecast
1Y Price Target
$27.57Price Target Upside21.61% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
I3 Verticals News
Bulls Say, Bears Say
Bulls Say
Debt ReductionThe announced deal is expected to provide net proceeds of $440 million in cash, compared to approximately $370 million in debt outstanding, which is expected primarily to reduce debt in the short term.
Positive Market ReactionShares look up significantly following their announcement of a definitive agreement to divest their merchant of record Payments business and two small non-core units to Payroc WorldAccess.
Strategic RefocusSelling the business helps to simplify i3's business; its customers will be narrowed to its three core strategic verticals: Public Sector, Education, and Healthcare.
Bears Say
EarningsFY2Q24 results slightly missed expectations and FY24 guidance was slightly reduced (for the second consecutive quarter).
Financial PerformanceLower forward EBITDA estimates by 3-5% due to slightly slower assumed organic growth despite lower operating costs.
Revenue GrowthSofter revenue growth (lower license revenues) driving much of the miss.
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Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
IIIV FAQ
What was I3 Verticals’s price range in the past 12 months?
I3 Verticals lowest stock price was $17.54 and its highest was $25.51 in the past 12 months.
What is I3 Verticals’s market cap?
Currently, no data Available
When is I3 Verticals’s upcoming earnings report date?
I3 Verticals’s upcoming earnings report date is Nov 13, 2024 which is in 54 days.
How were I3 Verticals’s earnings last quarter?
I3 Verticals released its earnings results on Aug 08, 2024. The company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.349 by -$0.279.
Is I3 Verticals overvalued?
According to Wall Street analysts I3 Verticals’s price is currently Undervalued.
Does I3 Verticals pay dividends?
I3 Verticals does not currently pay dividends.
What is I3 Verticals’s EPS estimate?
I3 Verticals’s EPS estimate is $0.2.
How many shares outstanding does I3 Verticals have?
I3 Verticals has 23,756,157 shares outstanding.
What happened to I3 Verticals’s price movement after its last earnings report?
I3 Verticals reported an EPS of $0.07 in its last earnings report, missing expectations of $0.349. Following the earnings report the stock price went down -7.47%.
Which hedge fund is a major shareholder of I3 Verticals?
Among the largest hedge funds holding I3 Verticals’s share is Crosslink Capital Inc. It holds I3 Verticals’s shares valued at 28M.
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I3 Verticals Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$27.57 (21.61% Upside)
$27.57 (21.61% Upside)
Hedge Fund Trend
Increased
By 272.9K Shares
Last Quarter.
Last Quarter.
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
0.41%
12-Months-Change
Fundamentals
Return on Equity
-1.65%
Trailing 12-Months
Asset Growth
-1.61%
Trailing 12-Months
Company Description
I3 Verticals
i3 Verticals, Inc. is a holding company, which engages in the provision of integrated payment and software solutions to small-and medium-sized businesses and organizations in strategic vertical markets. It operates through the following segments: Merchant Services, Proprietary Software and Payments, and Others. The Merchant Services segment offers comprehensive payment solutions to businesses and organizations. The Proprietary Software and Payments segment delivers embedded payment solutions to clients through company-owned software. The Other segment covers corporate overhead expenses. The company was founded on January 17, 2018 and is headquartered in Nashville, TN.
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IIIV Company Deck
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IIIV Earnings Call
Q3 2024
0:00 / 0:00
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IIIV Stock 12 Month Forecast
Average Price Target
$27.57
▲(21.61% Upside)
Technical Analysis
Best Analysts Covering IIIV
1 Year
1 Year Success Rate
10/18 ratings generated profit
1 Year Average Return
+1.35%
reiterated a buy rating last month
Copying Peter Heckmann's trades and holding each position for 1 Year would result in 55.56% of your transactions generating a profit, with an average return of +1.35% per trade.
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