Information Services Group (III) Set to Announce Earnings on Thursday

Information Services Group (NASDAQ:III) is scheduled to post its quarterly earnings results after the market closes on Thursday, November 7th. Analysts expect Information Services Group to post earnings of $0.06 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Information Services Group (NASDAQ:III) last announced its earnings results on Monday, August 5th. The business services provider reported $0.06 EPS for the quarter, beating analysts’ consensus estimates of $0.02 by $0.04. Information Services Group had a positive return on equity of 7.48% and a negative net margin of 0.38%. The business had revenue of $64.26 million during the quarter, compared to analysts’ expectations of $65.51 million. On average, analysts expect Information Services Group to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Information Services Group Price Performance

Shares of Information Services Group stock opened at $3.14 on Thursday. The business has a 50 day simple moving average of $3.23 and a two-hundred day simple moving average of $3.24. Information Services Group has a 12 month low of $2.92 and a 12 month high of $4.98. The stock has a market capitalization of $152.81 million, a P/E ratio of -157.00, a PEG ratio of 2.49 and a beta of 0.95. The company has a debt-to-equity ratio of 0.78, a current ratio of 2.14 and a quick ratio of 2.14.

Information Services Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, October 4th. Shareholders of record on Friday, September 6th were issued a dividend of $0.045 per share. The ex-dividend date was Friday, September 6th. This represents a $0.18 dividend on an annualized basis and a dividend yield of 5.73%. Information Services Group’s payout ratio is currently -900.00%.

Analyst Ratings Changes

III has been the subject of a number of research analyst reports. Barrington Research reissued an “outperform” rating and set a $3.50 target price on shares of Information Services Group in a report on Wednesday. Singular Research raised Information Services Group to a “moderate buy” rating in a report on Wednesday, August 28th.

About Information Services Group

Information Services Group, Inc, together with its subsidiaries, operates as a technology research and advisory company in the Americas, Europe, and the Asia Pacific. The company offers digital transformation services, including automation, cloud, and data analytics; sourcing advisory; managed governance and risk; network carrier; technology strategy and operations design; change management; and market intelligence and technology research and analysis services.