Copper Rock Capital Partners LLC Reduces Stake in Hill-Rom Holdings, Inc. (HRC)

Millennium Management LLC raised its stake in Hill-Rom by 32.3% in the 2nd quarter. Millennium Management LLC now owns 583,635 shares of the …

Hill-Rom logoCopper Rock Capital Partners LLC lowered its stake in shares of Hill-Rom Holdings, Inc. (NYSE:HRC) by 3.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 316,051 shares of the medical technology company’s stock after selling 9,999 shares during the period. Hill-Rom accounts for 2.2% of Copper Rock Capital Partners LLC’s holdings, making the stock its 2nd biggest position. Copper Rock Capital Partners LLC owned about 0.47% of Hill-Rom worth $27,398,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Oakbrook Investments LLC raised its stake in Hill-Rom by 34.5% in the 3rd quarter. Oakbrook Investments LLC now owns 8,967 shares of the medical technology company’s stock valued at $846,000 after acquiring an additional 2,300 shares during the period. Marshall Wace LLP bought a new stake in Hill-Rom in the 2nd quarter valued at $10,392,000. Vanguard Group Inc raised its stake in Hill-Rom by 0.6% in the 3rd quarter. Vanguard Group Inc now owns 5,916,827 shares of the medical technology company’s stock valued at $558,549,000 after acquiring an additional 34,369 shares during the period. Millennium Management LLC raised its stake in Hill-Rom by 32.3% in the 2nd quarter. Millennium Management LLC now owns 583,635 shares of the medical technology company’s stock valued at $50,975,000 after acquiring an additional 142,654 shares during the period. Finally, LSV Asset Management bought a new stake in Hill-Rom in the 3rd quarter valued at $715,000. Institutional investors own 82.55% of the company’s stock.

A number of research analysts have commented on the company. ValuEngine lowered Hill-Rom from a “buy” rating to a “hold” rating in a report on Thursday, October 4th. Morgan Stanley upped their price objective on Hill-Rom from $95.00 to $100.00 and gave the company an “equal weight” rating in a report on Thursday, October 11th. Barclays assumed coverage on Hill-Rom in a report on Monday, October 15th. They issued an “equal weight” rating and a $95.00 price objective on the stock. Raymond James upped their price objective on Hill-Rom from $100.00 to $105.00 and gave the company an “outperform” rating in a report on Monday, November 5th. Finally, Zacks Investment Research reaffirmed a “buy” rating and issued a $106.00 price objective on shares of Hill-Rom in a report on Tuesday, November 13th. Five equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $102.67.

In other news, SVP Andreas G. Frank sold 7,454 shares of the stock in a transaction on Wednesday, November 28th. The stock was sold at an average price of $95.76, for a total transaction of $713,795.04. Following the sale, the senior vice president now directly owns 27,224 shares of the company’s stock, valued at approximately $2,606,970.24. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Corporate insiders own 1.90% of the company’s stock.

Shares of HRC traded up $1.40 during trading hours on Wednesday, hitting $91.98. 14,075 shares of the company were exchanged, compared to its average volume of 729,940. The firm has a market cap of $5.91 billion, a P/E ratio of 19.37, a price-to-earnings-growth ratio of 1.22 and a beta of 0.96. Hill-Rom Holdings, Inc. has a fifty-two week low of $78.16 and a fifty-two week high of $99.81. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.30 and a current ratio of 1.74.

Hill-Rom (NYSE:HRC) last released its earnings results on Friday, November 2nd. The medical technology company reported $1.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.51 by $0.12. The company had revenue of $759.20 million for the quarter, compared to analyst estimates of $750.90 million. Hill-Rom had a return on equity of 21.10% and a net margin of 8.86%. Hill-Rom’s quarterly revenue was up 2.8% on a year-over-year basis. During the same period in the prior year, the firm posted $1.32 EPS. On average, research analysts predict that Hill-Rom Holdings, Inc. will post 5.13 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Monday, December 31st. Stockholders of record on Friday, December 14th were issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 0.87%. The ex-dividend date of this dividend was Thursday, December 13th. Hill-Rom’s dividend payout ratio (DPR) is currently 16.84%.

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Hill-Rom Company Profile

Hill-Rom Holdings, Inc operates as a medical technology company worldwide. It operates in three segments: Patient Support Systems, Front Line Care, and Surgical Solutions. The company offers medical surgical beds, intensive care unit beds, and bariatric patient beds, lifts and other patient mobility devices, non-invasive therapeutic products and surfaces, and information technologies and software solutions; and medical equipment management services, as well as sells equipment service contracts for its capital equipment.

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Institutional Ownership by Quarter for Hill-Rom (NYSE:HRC)

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Stock under Close Observation: Telstra Corporation Limited (OTC:TLSYY)

Telstra Corporation Limited (OTC:TLSYY) PERFORMANCE ANALYSIS IN FOCUS: The company made Revenue of $13719138251.5712. Revenue is …

Telstra Corporation Limited (OTC:TLSYY) PERFORMANCE ANALYSIS IN FOCUS:

The company made Revenue of $13719138251.5712. Revenue is also referred to as sales or turnover. Some companies receive revenue from interest, royalties, or other fees. Revenue may refer to business income in general, or it may refer to the amount, in a monetary unit, earned during a period of time. Net Income of the company is $1879254570.5984. Net Income Available for Common Shareholders equals net income minus preferred dividends paid. Net income available to common shareholders are the profits remaining after the company pays all of its suppliers, employees, service providers, creditors, and preferred shareholders. In other words, this is revenue less all expenses and preferred dividends. The number measures common shareholders’ claim on the company’s cash flows.

Telstra Corporation Limited (OTC:TLSYY) has performed -6.278435% around last month and performed -9.330986% over the last quarter. The stock showed return of -56.281834% over five years and registered weekly return of 4.145602%. The stock has been watched at -29.692833% return throughout last twelve months.

Tracking last 52 weeks, the stock 52 week high price observed at $14.95 and 52 week low seen at $0. The 50 SMA is $10.4125 and 200 SMA is $10.782794. Moving averages can be used as support or resistance when a trader looks for a possible entry or exit in the market. This can also be said in the following way. In case the price makes a contact with the moving average on the price chart, the trader, examining closely this chart, will enter either into a long, or into a short position. Actually, this works in the same way as horizontal support or resistance lines. Moving averages are known as dynamic support and resistance, simply because they tend to change with prices.

Telstra Corporation Limited (OTC:TLSYY) stock has changed $0.15 and moved 1.44% whereas stock price touched at $10.3 in last trading session. 103469 shares exchanged at hands while it’s an average volume stands with 68022 shares. The company recorded relative volume of 1.52. When an analyst or an investor is researching a stock, it’s good to know what other investors think about it. After all, they might have some additional insight into the company or they might be creating a trend. Most popular methods for gauging market sentiment is to take a look at the recently traded volume.

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Analyst recommended consensus rating of 2 on this stock. Analysts also expected that stock to achieve share value at $13.06 in coming one year period. EBITDA is $3479495514.5216. EBITDA is a company’s earnings before interest, taxes, depreciation, and amortization and is an accounting measure calculated using a company’s net earnings, before interest expenses, taxes, depreciation and amortization are subtracted, as a proxy for a company’s current operating profitability.

Return on capital employed (ROCE) is 9.82%. Return on capital employed (ROCE) is a financial ratio that measures a company’s profitability and the efficiency with which its capital is used. Return on capital employed (ROCE) is the total amount of capital that a company has utilized in order to generate profits. It is the sum of shareholders’ equity and debt liabilities. It can be simplified as total assets minus current liabilities.

The current ratio is 0.803. The current ratio is the classic measure of liquidity. It indicates whether the business can pay debts due within one year out of the current assets. The quick ratio is 0.642. 1:1 shows the business can meet its current financial obligations with quick funds on hand. A ratio lower than 1:1 may indicate that the company relies too much on inventory or other assets to pay its short-term liabilities.

The debt/equity shows a value of 115.126. D/E Ratio is calculated by dividing a company’s total liabilities by its shareholder equity. In general, a high debt-to-equity ratio indicates that a company may not be able to generate enough cash to satisfy its debt obligations. However, low debt-to-equity ratios may also indicate that a company is not taking advantage of the increased profits that financial leverage may bring.

Volatility or average true range percent (ATRP 14) is 2.14%. The ATR expressed as a percentage of closing price. Average true range percent (ATRP) measures volatility on a relative level. ATRP allows securities to be compared whereas ATR does not. That means lower-priced stocks won’t necessarily have lower ATR values than higher-priced stocks. The stock beta value watched at 0.960475. Beta measures the amount of market risk associated with market trade. High beta reveals more riskiness and low beta shows low risk.

PROFITABILITY RATIOS:

Tracking profitability check, the firm profit margin which was recorded at 13.70% and operating margin noted at 12.86%. The company maintained a Gross Margin of 63.79%. The Institutional ownership of the firm is 0.08% while Insiders ownership is 0.00%. The Company has been able to maintain return on asset (ROA) at 4.92% for the last twelve months. Return on equity (ROE) recorded at 23.87%.

VALAATION OBSERVATIONS:

Headquarters Location of Telstra Corporation Limited (OTC:TLSYY) is Australia. P/E ratio is noted at 9.144144. P/E is a popular valuation ratio of a company’s current share price compared to its per-share earnings (trailing twelve months). Forward P/E is standing at 7.097902. Forward P/E is a measure of the price-to-earnings ratio using forecasted earnings for the P/E calculation for the next fiscal year. P/S ratio of 1.290498 reflects the value placed on sales by the market. P/B ratio is 2.171123. P/B is used to compare a stock’s market value to its book value. It has a market cap of $24810151936. Using market capitalization to show the size of a company is important because company size is a basic determinant of various characteristics in which investors are interested, including risk.

TECHNICAL INDICATORS:

Now The company has RSI figure of 50.6. RSI compares the magnitude of recent gains to recent losses to see if an asset is oversold or overbought. RSI is plotted on a scale of 0-100. Generally, if it is above 70, the stock is considered overbought and so one can look to sell it. Similarly, an RSI of less than 30 indicates the stock is oversold and can be bought.

ADX value listed at 20. ADX indicator measures strong or weak trends. This can be either a strong uptrend or a strong downtrend. It does not tell you if the trend is up or down, it just tells you how strong the current trend is! If ADX is between 0 and 25 then the stock is in a trading range. It is likely just chopping around sideways. Avoid these weak, pathetic stocks! Once ADX gets above 25 then you will begin to see the beginning of a trend. Big moves (up or down) tend to happen when ADX is right around this number. /p>

When the ADX indicator gets above 30 then you are staring at a stock that is in a strong trend! These are the stocks that you want to be trading! You won’t see very many stocks with the ADX above 50. Once it gets that high, you start to see trends coming to an end and trading ranges developing again.

David Culbreth Category – Business

David Culbreth is a self-taught investor that has been investing in equities since she was a senior in college and continues to invest. He is extremely devoted to demystifying investing terminology for new investors.

David Culbreth is a senior author and journalist. He has more than 5 years of experience in institutional investment markets, including fixed income, equities, derivatives and real estate. David has a Bachelor in Business Administration with a major in Finance. He bought his first stocks in a private business at age 15 and made his first public stock trade at 23. He has always been interested in the stock market and how it behaves.

As the dad of two children, he’s made saving money and investing for them a high priority. Over many years of investing, he has made some wise choices and he’s made many mistakes. But he’s learned from both. Mr. David observations and experience give him the insight to stock market patterns and the investor behaviors that create them.

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Analyst Research Roundup: iRhythm Technologies, Inc. (IRTC), Anaplan, Inc. (PLAN)

Anaplan, Inc. (NYSE:PLAN) is worth US$3.65 Billion and has recently risen 4.62% to US$27.2. The latest exchange of 0.35 Million shares is below its …

iRhythm Technologies, Inc. (NASDAQ:IRTC) tinted gains of +1.28% (+0.93 points) to US$73.74. The volume of 0.22 Million shares climbed down over an trading activity of 367.2 Million shares. EPS ratio determined by looking at last 12 month figures is -1.89. Over the same time span, the stock marked US$98.37 as its best level and the lowest price reached was US$55.18. The corporation has a market cap of US$1.8 Billion.

iRhythm Technologies, Inc. (NASDAQ:IRTC)’s earnings per share has been growing at a 0 percent rate over the past 5 year when average revenue increase was noted as 0 percent. The return on equity ratio or ROE stands at -62.8 percent while most common profitability ratio return on investment (ROI) was -24 percent. The company’s institutional ownership is monitored at 0 percent. The company’s net profit margin has achieved the current level of -33.8 percent and possesses 73 percent gross margin.

Daily Analyst Recommendations

A number of key analysts, polled by FactSet, shared their views about the current stock momentum. The forecast of 1 surveyed investment analysts covering the stock advises investors to Buy stake in the company. At present, 0 analysts call it Sell, while 3 think it is Hold. Recently, analysts have updated the overall rating to 2.22. 5 analysts recommended Overweight these shares while 0 recommended Underweight, according to FactSet data.

Anaplan, Inc. (NYSE:PLAN) is worth US$3.65 Billion and has recently risen 4.62% to US$27.2. The latest exchange of 0.35 Million shares is below its average trading activity of 839.3 Million shares. The day began at US$26.3 but the price moved to US$26.25 at one point during the trading and finally capitulating to a session high of US$27.46. The stock tapped a 52-week high of US$29.7 while the mean 12-month price target for the shares is US$27.56.

Currently, the stock carries a price to earnings ratio of 0, a price to book ratio of 9.41, and a price to sales ratio of 16.79. For the past 5 years, the company’s revenue has grown 0%, while the company’s earnings per share has grown 0%. With an institutional ownership near 6.4%, it carries an earnings per share ratio of -0.86.

Inside Look At Analysts Reviews

Latest analyst recommendations could offer little help to investors. The stock is a Buy among 1 brokerage firms polled by Factset Research. At present, 4 analysts recommended Holding these shares while 0 recommended sell, according to FactSet data. 0 analysts call it Underweight, while 5 think it is Overweight. Recently, investment analysts covering the stock have updated the mean rating to 2.3.

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Quant Update on Honeywell International Inc. (NYSE:HON) and Broadcom Inc. (NasdaqGS:AVGO …

Here we will take a look at several key ratios for Honeywell International Inc. (NYSE:HON), starting with the Book to Market (BTM) ratio. Value investors …

Here we will take a look at several key ratios for Honeywell International Inc. (NYSE:HON), starting with the Book to Market (BTM) ratio. Value investors seek stocks with high BTMs for their portfolios. The ratio is a comparison of the firm’s net asset value per share to it’s current price. This is helpful in determining how the market values the company compared to it’s actual worth. The Book to Market value of Honeywell International Inc. currently stands at 0.184150.

FCF Yield 5yr Avg

The FCF Yield 5yr Average is calculated by taking the five year average free cash flow of a company, and dividing it by the current enterprise value. Enterprise Value is calculated by taking the market capitalization plus debt, minority interest and preferred shares, minus total cash and cash equivalents. The average FCF of a company is determined by looking at the cash generated by operations of the company. The Free Cash Flow Yield 5 Year Average of Honeywell International Inc. (NYSE:HON) is 0.035781.

Technicals & Ratios

The EBITDA Yield is a great way to determine a company’s profitability. This number is calculated by dividing a company’s earnings before interest, taxes, depreciation and amortization by the company’s enterprise value. Enterprise Value is calculated by taking the market capitalization plus debt, minority interest and preferred shares, minus total cash and cash equivalents. The EBITDA Yield for Honeywell International Inc. (NYSE:HON) is 0.074596.

The Earnings to Price yield of Honeywell International Inc. (NYSE:HON) is 0.026349. This is calculated by taking the earnings per share and dividing it by the last closing share price. This is one of the most popular methods investors use to evaluate a company’s financial performance. Earnings Yield is calculated by taking the operating income or earnings before interest and taxes (EBIT) and dividing it by the Enterprise Value of the company. The Earnings Yield for Honeywell International Inc. (NYSE:HON) is 0.064914.

Earnings Yield helps investors measure the return on investment for a given company. Similarly, the Earnings Yield Five Year Average is the five year average operating income or EBIT divided by the current enterprise value. The Earnings Yield Five Year average for Honeywell International Inc. is 0.054106.

Q.i. Value

The Q.i. Value of Honeywell International Inc. (NYSE:HON) is 30.00000. The Q.i. Value is another helpful tool in determining if a company is undervalued or not. The Q.i. Value is calculated using the following ratios: EBITDA Yield, Earnings Yield, FCF Yield, and Liquidity. The lower the Q.i. value, the more undervalued the company is thought to be.

Quant Scores

The M-Score, conceived by accounting professor Messod Beneish, is a model for detecting whether a company has manipulated their earnings numbers or not. Honeywell International Inc. (NYSE:HON) has an M-Score of -2.801276. The M-Score is based on 8 different variables: Days’ sales in receivables index, Gross Margin Index, Asset Quality Index, Sales Growth Index, Depreciation Index, Sales, General and Administrative expenses Index, Leverage Index and Total Accruals to Total Assets. A score higher than -1.78 is an indicator that the company might be manipulating their numbers.

The Value Composite One (VC1) is a method that investors use to determine a company’s value. The VC1 of Honeywell International Inc. (NYSE:HON) is 55. A company with a value of 0 is thought to be an undervalued company, while a company with a value of 100 is considered an overvalued company. The VC1 is calculated using the price to book value, price to sales, EBITDA to EV, price to cash flow, and price to earnings. Similarly, the Value Composite Two (VC2) is calculated with the same ratios, but adds the Shareholder Yield. The Value Composite Two of Honeywell International Inc. (NYSE:HON) is 45.

Investors may be interested in viewing the Gross Margin score on shares of Honeywell International Inc. (NYSE:HON). The name currently has a score of 6.00000. This score is derived from the Gross Margin (Marx) stability and growth over the previous eight years. The Gross Margin score lands on a scale from 1 to 100 where a score of 1 would be considered positive, and a score of 100 would be seen as negative.

At the time of writing, Honeywell International Inc. (NYSE:HON) has a Piotroski F-Score of 7. The F-Score may help discover companies with strengthening balance sheets. The score may also be used to spot the weak performers. Joseph Piotroski developed the F-Score which employs nine different variables based on the company financial statement. A single point is assigned to each test that a stock passes. Typically, a stock scoring an 8 or 9 would be seen as strong. On the other end, a stock with a score from 0-2 would be viewed as weak.

Developed by James O’Shaughnessy, the Value Composite score uses six valuation ratios. These ratios are price to earnings, price to cash flow, EBITDA to EV, price to book value, price to sales and shareholder yield. Broadcom Inc. (NasdaqGS:AVGO) has a Value Composite score of 36. The VC score is displayed as a number between 1 and 100. In general, a company with a score closer to 0 would be seen as undervalued, and a score closer to 100 would indicate an overvalued company. Removing the sixth ratio (shareholder yield) we can view the Value Composite 1 score which is currently sitting at 42.

The Q.i. Value of Broadcom Inc. (NasdaqGS:AVGO) is 33.00000. The Q.i. Value is another helpful tool in determining if a company is undervalued or not. The Q.i. Value is

calculated using the following ratios: EBITDA Yield, Earnings Yield, FCF Yield, and Liquidity. The lower the Q.i. value, the more undervalued the company is thought to be.

The EBITDA Yield is a great way to determine a company’s profitability. This number is calculated by dividing a company’s earnings before interest, taxes, depreciation and amortization by the company’s enterprise value. Enterprise Value is calculated by taking the market capitalization plus debt, minority interest and preferred shares, minus total cash and cash equivalents. The EBITDA Yield for Broadcom Inc. (NasdaqGS:AVGO) is 0.087503.

The Earnings to Price yield of Broadcom Inc. (NasdaqGS:AVGO) is 0.127506. This is calculated by taking the earnings per share and dividing it by the last closing share price. This is one of the most popular methods investors use to evaluate a company’s financial performance. Earnings Yield is calculated by taking the operating income or earnings before interest and taxes (EBIT) and dividing it by the Enterprise Value of the company. The Earnings Yield for Broadcom Inc. (NasdaqGS:AVGO) is 0.050180. Earnings Yield helps investors measure the return on investment for a given company. Similarly, the Earnings Yield Five Year Average is the five year average operating income or EBIT divided by the current enterprise value. The Earnings Yield Five Year average for Broadcom Inc. is 0.014809.

The FCF Yield 5yr Average is calculated by taking the five year average free cash flow of a company, and dividing it by the current enterprise value. Enterprise Value is calculated by taking the market capitalization plus debt, minority interest and preferred shares, minus total cash and cash equivalents. The average FCF of a company is determined by looking at the cash generated by operations of the company. The Free Cash Flow Yield 5 Year Average of Broadcom Inc. (NasdaqGS:AVGO) is 0.020388.

Price Index

We can now take a quick look at some historical stock price index data. Broadcom Inc. (NasdaqGS:AVGO) presently has a 10 month price index of 0.96134. The price index is calculated by dividing the current share price by the share price ten months ago. A ratio over one indicates an increase in share price over the period. A ratio lower than one shows that the price has decreased over that time period. Looking at some alternate time periods, the 12 month price index is 0.90864, the 24 month is 1.40577, and the 36 month is 1.96267. Narrowing in a bit closer, the 5 month price index is 1.11031, the 3 month is 0.97556, and the 1 month is currently 0.99778.

Returns

Looking at some ROIC (Return on Invested Capital) numbers, Broadcom Inc. (NasdaqGS:AVGO)’s ROIC is 0.942946. The ROIC 5 year average is 0.444792 and the ROIC Quality ratio is 2.668645. ROIC is a profitability ratio that measures the return that an investment generates for those providing capital. ROIC helps show how efficient a firm is at turning capital into profits.

Broadcom Inc. (NasdaqGS:AVGO) has a Price to Book ratio of 3.606723. This ratio is calculated by dividing the current share price by the book value per share. Investors may use Price to Book to display how the market portrays the value of a stock. Checking in on some other ratios, the company has a Price to Cash Flow ratio of 10.827076, and a current Price to Earnings ratio of 7.842763. The P/E ratio is one of the most common ratios used for figuring out whether a company is overvalued or undervalued.

Broadcom Inc. (NasdaqGS:AVGO) presently has a current ratio of 3.90. The current ratio, also known as the working capital ratio, is a liquidity ratio that displays the proportion of current assets of a business relative to the current liabilities. The ratio is simply calculated by dividing current liabilities by current assets. The ratio may be used to provide an idea of the ability of a certain company to pay back its liabilities with assets. Typically, the higher the current ratio the better, as the company may be more capable of paying back its obligations.

The Price to book ratio is the current share price of a company divided by the book value per share. The Price to Book ratio for Broadcom Inc. NasdaqGS:AVGO is 3.606723. A lower price to book ratio indicates that the stock might be undervalued. Similarly, Price to cash flow ratio is another helpful ratio in determining a company’s value. The Price to Cash Flow for Broadcom Inc. (NasdaqGS:AVGO) is 10.827076. This ratio is calculated by dividing the market value of a company by cash from operating activities. Additionally, the price to earnings ratio is another popular way for analysts and investors to determine a company’s profitability. The price to earnings ratio for Broadcom Inc. (NasdaqGS:AVGO) is 7.842763. This ratio is found by taking the current share price and dividing by earnings per share.

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i3 Verticals (IIIV) Given New $26.00 Price Target at KeyCorp

Crosslink Capital Inc. acquired a new position in shares of i3 Verticals during the second quarter valued at approximately $3,885,000. Federated …

i3 Verticals logoi3 Verticals (NASDAQ:IIIV) had its price target raised by equities researchers at KeyCorp from $22.00 to $26.00 in a research note issued on Wednesday, January 2nd. The firm presently has an “overweight” rating on the stock. KeyCorp’s price objective suggests a potential downside of 0.91% from the stock’s previous close.

A number of other equities analysts have also recently weighed in on IIIV. DA Davidson started coverage on i3 Verticals in a report on Wednesday, October 24th. They issued a “buy” rating and a $26.00 price target for the company. Zacks Investment Research cut i3 Verticals from a “strong-buy” rating to a “hold” rating in a report on Thursday, December 6th. Raymond James upped their price target on i3 Verticals from $19.00 to $23.00 and gave the stock an “outperform” rating in a report on Friday, November 30th. Finally, BTIG Research began coverage on i3 Verticals in a report on Tuesday, December 11th. They issued a “buy” rating and a $27.00 price target for the company. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $24.50.

Shares of IIIV stock opened at $26.24 on Wednesday. i3 Verticals has a 1-year low of $13.79 and a 1-year high of $27.09. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.28. The firm has a market cap of $619.86 million and a P/E ratio of 46.86.

i3 Verticals (NASDAQ:IIIV) last announced its earnings results on Thursday, November 29th. The company reported $0.17 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.18 by ($0.01). The company had revenue of $28.10 million during the quarter, compared to analysts’ expectations of $29.64 million. On average, equities research analysts forecast that i3 Verticals will post 0.8 earnings per share for the current fiscal year.

Several institutional investors have recently made changes to their positions in IIIV. BlackRock Inc. raised its holdings in shares of i3 Verticals by 103.2% during the third quarter. BlackRock Inc. now owns 583,460 shares of the company’s stock valued at $13,407,000 after acquiring an additional 296,281 shares during the last quarter. Crosslink Capital Inc. acquired a new position in shares of i3 Verticals during the second quarter valued at approximately $3,885,000. Federated Investors Inc. PA acquired a new position in shares of i3 Verticals during the second quarter valued at approximately $3,369,000. Millennium Management LLC acquired a new position in shares of i3 Verticals during the second quarter valued at approximately $3,031,000. Finally, Marshall Wace LLP acquired a new position in shares of i3 Verticals during the third quarter valued at approximately $4,065,000. 25.05% of the stock is owned by institutional investors and hedge funds.

i3 Verticals Company Profile

i3 Verticals, Inc provides integrated payment and software solutions to small- and medium-sized businesses 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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Analyst Recommendations for i3 Verticals (NASDAQ:IIIV)

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