i3 Verticals (IIIV) to Release Quarterly Earnings on Monday

i3 Verticals (NASDAQ:IIIV) is scheduled to be posting its quarterly earnings results after the market closes on Monday, November 18th. Analysts expect i3 Verticals to post earnings of $0.18 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

i3 Verticals Price Performance

IIIV opened at $24.82 on Friday. The company has a quick ratio of 2.98, a current ratio of 2.98 and a debt-to-equity ratio of 1.01. The business has a fifty day moving average of $22.79 and a 200 day moving average of $21.94. i3 Verticals has a 52-week low of $17.54 and a 52-week high of $26.00. The stock has a market cap of $838.67 million, a P/E ratio of -275.78 and a beta of 1.53.

Analysts Set New Price Targets

A number of research analysts have recently commented on IIIV shares. DA Davidson restated a “buy” rating and issued a $32.00 price target on shares of i3 Verticals in a report on Monday, September 30th. Benchmark reaffirmed a “buy” rating and set a $33.00 target price on shares of i3 Verticals in a research report on Tuesday, September 3rd. BMO Capital Markets lowered their price target on i3 Verticals from $23.00 to $21.00 and set a “market perform” rating for the company in a report on Thursday, October 3rd. Raymond James reduced their price objective on i3 Verticals from $31.00 to $28.00 and set a “strong-buy” rating on the stock in a report on Monday, August 12th. Finally, Stephens reiterated an “overweight” rating and issued a $29.00 target price on shares of i3 Verticals in a report on Friday, August 16th. Two investment analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price 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.