Noble Financial Issues Optimistic Forecast for III Earnings

Information Services Group, Inc. (NASDAQ:III) – Investment analysts at Noble Financial boosted their FY2026 EPS estimates for shares of Information Services Group in a research note issued to investors on Tuesday, November 3rd. Noble Financial analyst J. Gomes now expects that the business services provider will earn $0.27 per share for the year, up from their previous estimate of $0.26. The consensus estimate for Information Services Group’s current full-year earnings is $0.28 per share.

Information Services Group (NASDAQ:III) last released its earnings results on Monday, November 2nd. The business services provider reported $0.10 EPS for the quarter, topping 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 analysts’ expectations of $64.02 million.

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

Information Services Group Stock Performance

III opened at $5.96 on Friday. The firm has a market cap of $283.76 million, a P/E ratio of 24.32, a PEG ratio of 1.35 and a beta of 1.06. Information Services Group has a 1-year low of $3.74 and a 1-year high of $6.45. The company has a 50 day simple moving average of $5.59 and a two-hundred day simple moving average of $4.71. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.80 and a quick ratio of 2.81.

Information Services Group Announces Dividend

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

Institutional Trading of Information Services Group

Several institutional investors have recently made changes to their positions in the business. BlackRock Inc. bought a new stake in Information Services Group during the 2nd quarter valued at approximately $12,756,000. Renaissance Technologies LLC boosted its stake in 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 during the period. Dimensional Fund Advisors LP boosted its stake 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. boosted its stake 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 stake in Information Services Group during the 2nd quarter valued at approximately $2,118,000. Hedge funds and other institutional investors own 73.10% of the company’s stock.

Information Services Group Company Profile

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.