D.A. Davidson analyst Peter Heckmann maintained a Buy rating on I3 Verticals (IIIV – Research Report) today. The company’s shares closed last Friday at $20.05.
Heckmann covers the Technology sector, focusing on stocks such as Envestnet, Shift4 Payments, and Alight. According to TipRanks, Heckmann has an average return of 10.2% and a 59.29% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for I3 Verticals with a $26.00 average price target.
The company has a one-year high of $25.70 and a one-year low of $17.54. Currently, I3 Verticals has an average volume of 259K.
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I3 Verticals (IIIV) Company Description:
i3 Verticals, Inc. is a holding company, which engages in the provision of integrated payment and software solutions to small-and medium-sized businesses and organizations in strategic vertical markets. It operates through the following segments: Merchant Services, Proprietary Software and Payments, and Others. The Merchant Services segment offers comprehensive payment solutions to businesses and organizations. The Proprietary Software and Payments segment delivers embedded payment solutions to clients through company-owned software. The Other segment covers corporate overhead expenses. The company was founded on January 17, 2018 and is headquartered in Nashville, TN.
Read More on IIIV:
- Navigating Rough Waters: I3 Verticals Considers Asset Sale Amidst Market Uncertainty
- I3 Verticals Releases H1 Financial Insights Presentation
- i3 Verticals cuts FY24 EPS view to $1.49-$1.57 from $1.52-$1.64
- i3 Verticals reports Q2 adjusted EPS 34c, consensus 38c
- IIIV Earnings Report this Week: Is It a Buy, Ahead of Earnings?
