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

i3 Verticals (NASDAQ:IIIV) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 1.050-1.250 for the period, compared to the consensus EPS 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 opened at $23.38 on Friday. The company has a current ratio of 2.98, a quick ratio of 2.98 and a debt-to-equity ratio of 1.01. The company has a market cap of $790.01 million, a price-to-earnings ratio of 5.25 and a beta of 1.53. i3 Verticals has a 12 month low of $17.54 and a 12 month high of $26.00. The company has a 50-day moving average price of $22.97 and a 200-day moving average price of $21.98.

Analyst Ratings Changes

A number of analysts have recently weighed in on IIIV shares. Benchmark reaffirmed a “buy” rating and issued a $33.00 target price on shares of i3 Verticals in a research report on Tuesday. Raymond James reduced 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. BMO Capital Markets decreased their target price 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. DA Davidson reaffirmed a “buy” rating and issued a $32.00 price objective on shares of i3 Verticals in a research note on Monday, September 30th. Finally, KeyCorp dropped their price target on i3 Verticals from $28.00 to $27.00 and set an “overweight” rating for the company in a research note on Monday, August 12th. Two 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 MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $27.14.

About i3 Verticals

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.