The closing price of i3 Verticals Inc (NASDAQ: IIIV) was $21.31 for the day, down -6.41% from the previous closing price of $22.77. In other words, the price has decreased by -$1.46 from its previous closing price. On the day, 1379013 shares were traded.
Ratios:
Our analysis of IIIV’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 119.25 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.15. For the most recent quarter (mrq), Quick Ratio is recorded 0.48 and its Current Ratio is at 0.50. In the meantime, Its Debt-to-Equity ratio is 1.62 whereas as Long-Term Debt/Eq ratio is at 1.22.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, The Benchmark Company on February 23, 2024, initiated with a Buy rating and assigned the stock a target price of $28.
On December 05, 2023, BMO Capital Markets started tracking the stock assigning a Market Perform rating and target price of $24.
On July 11, 2023, Berenberg started tracking the stock assigning a Buy rating and target price of $30.Berenberg initiated its Buy rating on July 11, 2023, with a $30 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 18 when MCKENNA TIMOTHY sold 2,687 shares for $22.27 per share. The transaction valued at 59,839 led to the insider holds 0 shares of the business.
DAILY GREGORY S bought 22,377 shares of IIIV for $490,056 on May 15. The Chief Executive Officer now owns 134,800 shares after completing the transaction at $21.90 per share. On May 12, another insider, DAILY GREGORY S, who serves as the Chief Executive Officer of the company, bought 27,623 shares for $21.28 each. As a result, the insider paid 587,817 and bolstered with 112,423 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IIIV now has a Market Capitalization of 530.30M and an Enterprise Value of 918.38M. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.32 while its Price-to-Book (P/B) ratio in mrq is 2.04. Its current Enterprise Value per Revenue stands at 2.44 whereas that against EBITDA is 15.01.
Stock Price History:
Over the past 52 weeks, IIIV has reached a high of $27.44, while it has fallen to a 52-week low of $17.54. The 50-Day Moving Average of the stock is 20.31, while the 200-Day Moving Average is calculated to be 21.52.
Shares Statistics:
IIIV traded an average of 211.48K shares per day over the past three months and 358.34k shares per day over the past ten days. A total of 23.25M shares are outstanding, with a floating share count of 22.26M. Insiders hold about 4.36% of the company’s shares, while institutions hold 89.82% stake in the company. Shares short for IIIV as of Feb 15, 2024 were 479.76k with a Short Ratio of 2.27, compared to 460.25k on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.06% and a Short% of Float of 2.14%.
Earnings Estimates
The firm’s stock currently is rated by 7 analysts. On average, analysts expect EPS of $0.39 for the current quarter, with a high estimate of $0.44 and a low estimate of $0.36, while EPS last year was $0.38. The consensus estimate for the next quarter is $0.4, with high estimates of $0.42 and low estimates of $0.38.
Analysts are recommending an EPS of between $1.66 and $1.56 for the fiscal current year, implying an average EPS of $1.6. EPS for the following year is $1.85, with 7 analysts recommending between $1.9 and $1.79.
Revenue Estimates
A total of 8 analysts have provided revenue estimates for IIIV’s current fiscal year. The highest revenue estimate was $397M, while the lowest revenue estimate was $392.06M, resulting in an average revenue estimate of $393.95M. In the same quarter a year ago, actual revenue was $370.24M, up 6.40% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $427.27M in the next fiscal year. The high estimate is $448M and the low estimate is $408.47M. The average revenue growth estimate for next year is up 8.50% from the average revenue estimate for this year.
