i3 Verticals (IIIV) Scheduled to Post Quarterly Earnings on Monday

i3 Verticals (NASDAQ:IIIV) is set to post 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. Parties that are interested in participating in the company’s conference call can do so using this link.

i3 Verticals Stock Performance

IIIV stock opened at $24.82 on Friday. The firm has a 50-day simple moving average of $22.79 and a two-hundred day simple moving average of $21.94. The company has a debt-to-equity ratio of 1.01, a quick ratio of 2.98 and a current ratio of 2.98. i3 Verticals has a one year low of $17.54 and a one year high of $26.00. The firm has a market cap of $838.67 million, a price-to-earnings ratio of -275.78 and a beta of 1.53.

Analyst Upgrades and Downgrades

IIIV has been the subject of several recent analyst reports. Benchmark restated a “buy” rating and issued a $33.00 target price on shares of i3 Verticals in a research note on Tuesday, September 3rd. BMO Capital Markets dropped their target price on 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. KeyCorp reduced their target price on i3 Verticals from $28.00 to $27.00 and set an “overweight” rating on the stock in a research report on Monday, August 12th. DA Davidson reissued a “buy” rating and issued a $32.00 price target on shares of i3 Verticals in a report on Monday, September 30th. Finally, Stephens restated an “overweight” rating and set a $29.00 price objective on shares of i3 Verticals in a report on Friday, August 16th. Two research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, i3 Verticals presently has an average rating of “Moderate Buy” and an average 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.