i3 VerticalsIIIV
IIIV
About: i3 Verticals Inc offers integrated payment and software solutions to small and medium-sized businesses and organizations in strategic vertical markets. Its operating segment includes Public Sector and Healthcare. The company generates maximum revenue from the Public Sector segment.
Employees: 1,663
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
4,849% more call options, than puts
Call options by funds: $4.85M | Put options by funds: $98K
46% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 13
5% more funds holding
Funds holding: 131 [Q2] → 137 (+6) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q2] → 3 (+0) [Q3]
0% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 45
0.89% less ownership
Funds ownership: 94.74% [Q2] → 93.85% (-0.89%) [Q3]
3% less capital invested
Capital invested by funds: $490M [Q2] → $475M (-$15M) [Q3]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$21
10%
downside
Avg. target
$29
23%
upside
High target
$33
41%
upside
4 analyst ratings
3 positive
75%
1 neutral
25%
0 negative
0%
Benchmark Mark Palmer 77% 1-year accuracy 63 / 82 met price target | 41%upside $33 | Buy Reiterated | 20 Nov 2024 |
Stephens & Co. Charles Nabhan 81% 1-year accuracy 17 / 21 met price target | 24%upside $29 | Overweight Reiterated | 19 Nov 2024 |
DA Davidson Peter Heckmann 74% 1-year accuracy 34 / 46 met price target | 37%upside $32 | Buy Maintained | 3 Oct 2024 |
BMO Capital Rufus Hone 91% 1-year accuracy 21 / 23 met price target | 10%downside $21 | Market Perform Maintained | 3 Oct 2024 |
Financial journalist opinion
Neutral
Business Wire
2 days ago
i3 Verticals Inks Deal to Provide Motor Carrier Services to Saskatchewan Province
NASHVILLE, Tenn.--(BUSINESS WIRE)--i3 Verticals, Inc. ("i3 Verticals" or the "Company") (NASDAQ: IIIV) announced today that it has signed a new contract with Saskatchewan Province to provide motor carrier services. This contract further establishes the Company's Public Sector presence in Canada. As an IRP (International Registration Plan) partner, Saskatchewan Province will now be able to handle IRP registration, credentialing, and the apportionment of fees from a single platform. With our intu.
Neutral
Business Wire
1 week ago
ePortal Self-Service Solution Goes Live in City of Phoenix Water Services Department
NASHVILLE, Tenn.--(BUSINESS WIRE)---- $IIIV--i3 Verticals, Inc. (“i3 Verticals” or the “Company”) (NASDAQ: IIIV) announced today the successful go-live of its self-service ePortal for the City of Phoenix Water Services Department, Arizona's largest municipal water department, serving more than 1.7 million customers. The City of Phoenix Water Services Department selected the Company's ePortal solution to empower their customer base with an intuitive self-service experience. The ePortal enables customers t.
Neutral
Seeking Alpha
1 month ago
i3 Verticals, Inc. (IIIV) Q4 2024 Earnings Call Transcript
i3 Verticals, Inc. (NASDAQ:IIIV ) Q4 2024 Earnings Call Transcript November 19, 2024 8:30 AM ET Company Participants Clay Whitson - CSO Greg Daily - Chairman and CEO Geoff Smith - CFO Rick Stanford - President Paul Christians - CRO Conference Call Participants John Davis - Raymond James Mark Palmer - The Benchmark Company Shefali Tamaskar - Morgan Stanley Alex Markgraff - KeyBanc Capital Markets Peter Heckmann - D.A. Davidson Rufus Hone - BMO Capital Markets Operator Good day, everyone, and welcome to the i3 Verticals Fourth Quarter 2024 Earnings Conference Call.
Neutral
Business Wire
1 month ago
i3 Verticals Reports Fourth Quarter and Full Fiscal Year 2024 Financial Results
NASHVILLE, Tenn.--(BUSINESS WIRE)---- $IIIV--i3 Verticals, Inc. (Nasdaq: IIIV) (“i3 Verticals” or the “Company”) today reported its financial results for the fiscal fourth quarter and year ended September 30, 2024. Highlights from continuing operations1 for the fiscal fourth quarter and full fiscal year of 2024 vs. 2023 Fourth quarter revenue from continuing operations was $60.9 million, an increase of 3.9% over the prior year's fourth quarter; full year revenue from continuing operations was $229.9 mill.
Neutral
Business Wire
1 month ago
i3 Verticals Announces Earnings Release and Conference Call Date for Fourth Quarter of Fiscal 2024
NASHVILLE, Tenn.--(BUSINESS WIRE)---- $IIIV--i3 Verticals, Inc. (Nasdaq: IIIV) (“i3 Verticals” or the “Company”), announced today that it will release its financial results for the fourth quarter ended September 30, 2024, on Monday, November 18, 2024, after the Nasdaq market close. The Company will also host a conference call on Tuesday, November 19, 2024, at 8:30 a.m. ET to discuss financial results and operations. To listen to the call live via telephone, participants should dial (844) 887-9399 approxi.
Neutral
Business Wire
1 month ago
i3 Verticals Expands Public Sector Vertical Presence in Georgia
NASHVILLE, Tenn.--(BUSINESS WIRE)---- $IIIV--i3 Verticals, Inc. (“i3 Verticals” or the “Company”) (NASDAQ: IIIV) announced today that 12 new Georgia municipal police departments and courts adopted the i3 JusticeTech® Law Enforcement and Court Software suite, growing the presence of the Company's Public Sector vertical in the state. This software suite streamlines processes, enables courts to manage the collection of fees and fines, and provides the tools for officers, administrators and court personnel t.
Neutral
Business Wire
2 months ago
i3 Verticals Completes Sale of Merchant Services Business
NASHVILLE, Tenn.--(BUSINESS WIRE)---- $IIIV--i3 Verticals, Inc. (“i3 Verticals” or the “Company”) (NASDAQ: IIIV), and Payroc WorldAccess, LLC (“Payroc”), a leading omni-channel payments provider, today announced the closing of the previously announced sale of i3 Verticals' merchant services business, including its associated proprietary technology, to Payroc. The purchase price paid at closing to the Company was approximately $438 million in cash (after giving effect to estimated purchase price adjustmen.
Neutral
Seeking Alpha
4 months ago
i3 Verticals, Inc. (IIIV) Q3 2024 Earnings Call Transcript
i3 Verticals, Inc. (NASDAQ:IIIV ) Q3 2024 Earnings Conference Call August 9, 2024 8:30 AM ET Company Participants Geoff Smith - SVP, Finance Greg Daily - Chairman & CEO Clay Whitson - CFO Rick Stanford - President Paul Christians - CRO Conference Call Participants John Davis - Raymond James Matt VanVliet - BTIG Charles Nabhan - Stephens Alex Markgraff - KeyBanc Capital Markets Peter Heckmann - D.A. Davidson Rufus Hone - BMO Capital Markets Operator Good day, everyone, and welcome to the i3 Verticals Third Quarter 2024 Earnings Conference Call.
Negative
Zacks Investment Research
4 months ago
I3 Verticals (IIIV) Misses Q3 Earnings and Revenue Estimates
I3 Verticals (IIIV) came out with quarterly earnings of $0.07 per share, missing the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.38 per share a year ago.
Neutral
Business Wire
4 months ago
i3 Verticals Reports Third Quarter 2024 Financial Results
NASHVILLE, Tenn.--(BUSINESS WIRE)---- $IIIV--i3 Verticals, Inc. (Nasdaq: IIIV) (“i3 Verticals” or the “Company”) today reported its financial results for the fiscal third quarter ended June 30, 2024. Highlights for the three and nine months ended June 30, 2024 vs. 2023 from continuing operations1 Third quarter revenue from continuing operations was $56.0 million, a decrease of 2% over the prior year's third quarter. Revenue from continuing operations for the nine months ended June 30, 2024, was $169.1 mi.
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