
Information Services Group, Inc. (NASDAQ:III – Free Report) – Equities researchers at Noble Financial increased their FY2026 earnings estimates for Information Services Group in a research report issued to clients and investors on Tuesday, November 3rd. Noble Financial analyst J. Gomes now forecasts that the business services provider will post earnings of $0.27 per share for the year, up from their prior forecast of $0.26. The consensus estimate for Information Services Group’s current full-year earnings is $0.28 per share.
Separately, Weiss Ratings raised Information Services Group from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, August 13th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $5.50.
Get Our Latest Report on Information Services Group
Information Services Group Trading Down 2.0%
NASDAQ:III opened at $5.96 on Friday. The company has a current ratio of 2.80, a quick ratio of 2.81 and a debt-to-equity ratio of 0.63. Information Services Group has a 12 month low of $3.74 and a 12 month high of $6.45. The company has a market cap of $283.76 million, a PE ratio of 24.32, a price-to-earnings-growth ratio of 1.35 and a beta of 1.06. The company has a 50 day simple moving average of $5.59 and a two-hundred day simple moving average of $4.71.
Information Services Group (NASDAQ:III – Get Free Report) last issued its quarterly earnings data on Monday, November 2nd. The business services provider reported $0.10 earnings per share for the quarter, beating analysts’ consensus estimates of $0.06 by $0.04. Information Services Group had a net margin of 4.74% and a return on equity of 13.41%. The company had revenue of $65.11 million for the quarter, compared to the consensus estimate of $64.02 million.
Information Services Group Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, December 18th. Shareholders of record on Friday, December 4th will be paid a dividend of $0.0450 per share. This represents a $0.18 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Friday, December 4th. Information Services Group’s payout ratio is currently 75.00%.
Hedge Funds Weigh In On Information Services Group
Institutional investors have recently made changes to their positions in the business. BlackRock Inc. bought a new stake in shares of Information Services Group during the 2nd quarter valued at $12,756,000. Renaissance Technologies LLC increased its stake in shares of Information Services Group by 21.9% in the 1st quarter. Renaissance Technologies LLC now owns 1,888,952 shares of the business services provider’s stock worth $7,254,000 after purchasing an additional 339,343 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in Information Services Group by 0.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,541,036 shares of the business services provider’s stock worth $5,918,000 after purchasing an additional 8,126 shares during the period. Hillsdale Investment Management Inc. raised its holdings in Information Services Group by 4.8% in the 1st quarter. Hillsdale Investment Management Inc. now owns 845,203 shares of the business services provider’s stock worth $3,246,000 after purchasing an additional 38,500 shares during the period. Finally, Bank of New York Mellon Corp purchased a new position in Information Services Group during the second quarter valued at $2,118,000. Institutional investors own 73.10% of the company’s stock.
About Information Services Group
Information Services Group, Inc (NASDAQ:III) is a global technology research and advisory firm that helps organizations evaluate, plan and manage technology-related business initiatives. The company provides data, insights and consulting services to enterprises, technology providers and other organizations navigating changes in digital technology and business operations.
ISG’s services cover areas including digital transformation, cloud computing, artificial intelligence, automation, cybersecurity, data and analytics, enterprise applications, and information technology sourcing.
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