FY2028 Earnings Forecast for III Issued By Sidoti

by · The Cerbat Gem

Information Services Group, Inc. (NASDAQ:III – Free Report) – Equities research analysts at Sidoti issued their FY2028 earnings estimates for shares of Information Services Group in a report issued on Tuesday, November 3rd. Sidoti analyst M. Riddick anticipates that the business services provider will post earnings per share of $0.36 for the year. The consensus estimate for Information Services Group’s current full-year earnings is $0.28 per share.

Information Services Group (NASDAQ:III – Get Free Report) last posted its earnings results on Monday, November 2nd. The business services provider reported $0.10 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.04. The firm had revenue of $65.11 million during the quarter, compared to the consensus estimate of $64.02 million. Information Services Group had a net margin of 4.74% and a return on equity of 13.41%.

Separately, Weiss Ratings raised Information Services Group from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, August 13th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $5.50.

Check Out Our Latest Stock Report on Information Services Group

Information Services Group Stock Down 2.0%

NASDAQ:III opened at $5.96 on Friday. The company has a quick ratio of 2.81, a current ratio of 2.80 and a debt-to-equity ratio of 0.63. The stock’s fifty day moving average is $5.59 and its two-hundred day moving average is $4.71. Information Services Group has a 52 week low of $3.74 and a 52 week high of $6.45. The stock has a market capitalization of $283.76 million, a price-to-earnings ratio of 24.83, a price-to-earnings-growth ratio of 1.35 and a beta of 1.06.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Corient Private Wealth LP acquired a new position in shares of Information Services Group in the second quarter valued at approximately $41,000. Abel Hall LLC purchased a new stake in Information Services Group during the 1st quarter worth approximately $54,000. Baron Wealth Management LLC acquired a new stake in Information Services Group during the 2nd quarter worth approximately $60,000. Vise Technologies Inc. acquired a new stake in Information Services Group during the 2nd quarter worth approximately $83,000. Finally, Ieq Capital LLC acquired a new stake in Information Services Group during the 2nd quarter worth approximately $85,000. Hedge funds and other institutional investors own 73.10% of the company’s stock.

Information Services Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 18th. Stockholders of record on Friday, December 4th will be given a dividend of $0.0450 per share. This represents a $0.18 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend is Friday, December 4th. Information Services Group’s dividend payout ratio is currently 75.00%.

Information Services Group Company Profile

(Get Free Report)

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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