During the last three months, 5 analysts shared their evaluations of i3 Verticals (NASDAQ:IIIV), revealing diverse outlooks from bullish to bearish.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 2 | 1 | 2 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 1 | 0 | 0 | 0 | 0 |
| 2M Ago | 1 | 0 | 0 | 0 | 0 |
| 3M Ago | 0 | 0 | 2 | 0 | 0 |
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $25.0, a high estimate of $28.00, and a low estimate of $20.00. Observing a 4.17% increase, the current average has risen from the previous average price target of $24.00.
Analyzing Analyst Ratings: A Detailed Breakdown
The standing of i3 Verticals among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Josh Beck | Keybanc | Raises | Overweight | $26.00 | $23.00 |
| Mark Palmer | Benchmark | Maintains | Buy | $28.00 | - |
| Mark Palmer | Benchmark | Announces | Buy | $28.00 | - |
| James Faucette | Morgan Stanley | Lowers | Equal-Weight | $20.00 | $25.00 |
| Rufus Hone | BMO Capital | Lowers | Market Perform | $23.00 | $24.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to i3 Verticals. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of i3 Verticals compared to the broader market.
- Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of i3 Verticals's stock. This comparison reveals trends in analysts' expectations over time.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of i3 Verticals's market standing. Stay informed and make data-driven decisions with our Ratings Table.
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Get to Know i3 Verticals Better
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 Merchant Services and Software and Services. The company generates maximum revenue from the Software and Services segment. The company's strategic vertical market includes schools, the public sector, not-for-profit organizations, healthcare and others. It provides various solutions such as, gateway, payment processing, online payment, Document management, and ERP among others.
i3 Verticals's Financial Performance
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: i3 Verticals displayed positive results in 3 months. As of 31 December, 2023, the company achieved a solid revenue growth rate of approximately 6.93%. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Financials sector.
Net Margin: i3 Verticals's net margin excels beyond industry benchmarks, reaching 1.19%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): i3 Verticals's ROE stands out, surpassing industry averages. With an impressive ROE of 0.46%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): i3 Verticals's ROA stands out, surpassing industry averages. With an impressive ROA of 0.12%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: i3 Verticals's debt-to-equity ratio surpasses industry norms, standing at 1.62. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
The Core of Analyst Ratings: What Every Investor Should Know
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.