News headlines about i3 Verticals (NASDAQ:IIIV) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. i3 Verticals earned a daily sentiment score of 0.21 on Accern’s scale. Accern also assigned news stories about the company an impact score of 47.0603003457025 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Several equities research analysts recently issued reports on IIIV shares. Raymond James started coverage on i3 Verticals in a research note on Monday, July 16th. They issued an “outperform” rating for the company. Cowen started coverage on i3 Verticals in a research note on Monday, July 16th. They issued an “outperform” rating and a $20.00 price objective for the company. Finally, KeyCorp started coverage on i3 Verticals in a research note on Monday, July 16th. They issued an “overweight” rating and a $21.00 price objective for the company.
Shares of i3 Verticals stock opened at $18.92 on Wednesday. i3 Verticals has a 1 year low of $13.79 and a 1 year high of $19.50.
i3 Verticals (NASDAQ:IIIV) last announced its quarterly earnings data on Thursday, August 9th. The company reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.02. The business had revenue of $28.83 million during the quarter, compared to analysts’ expectations of $28.41 million. i3 Verticals’s quarterly revenue was up 62.3% on a year-over-year basis. equities analysts predict that i3 Verticals will post 0.56 EPS for the current fiscal year.
In other i3 Verticals news, Director David K. Morgan acquired 2,000 shares of i3 Verticals stock in a transaction that occurred on Thursday, August 16th. The stock was purchased at an average cost of $15.66 per share, with a total value of $31,320.00. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, General Counsel Paul Maple acquired 5,769 shares of i3 Verticals stock in a transaction that occurred on Monday, June 25th. The stock was acquired at an average cost of $13.00 per share, with a total value of $74,997.00. The disclosure for this purchase can be found here.
i3 Verticals Company Profile
i3 Verticals, Inc provides integrated payment and software solutions to small- and medium-sized businesses (SMBs) and organizations in education, non-profit, public sector, property management, and healthcare markets in the United States. The company offers payment processing services, including merchant onboarding, risk and underwriting, authorization, settlement, chargeback processing, and other merchant support.
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