What is Noble Financial’s Forecast for III FY2027 Earnings?

Information Services Group, Inc. (NASDAQ:III) – Research analysts at Noble Financial lowered their FY2027 earnings per share (EPS) estimates for Information Services Group in a note issued to investors on Tuesday, November 3rd. Noble Financial analyst J. Gomes now anticipates that the business services provider will post earnings of $0.32 per share for the year, down from their previous forecast of $0.35. The consensus estimate for Information Services Group’s current full-year earnings is $0.27 per share.

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

Information Services Group Price Performance

III opened at $6.03 on Monday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.81 and a current ratio of 2.80. The stock has a market capitalization of $287.09 million, a P/E ratio of 24.32, a P/E/G ratio of 1.35 and a beta of 1.06. The company’s 50-day simple moving average is $5.62 and its two-hundred day simple moving average is $4.72. Information Services Group has a 52-week low of $3.74 and a 52-week high of $6.45.

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

Institutional Trading of Information Services Group

Several large investors have recently modified their holdings of III. BlackRock Inc. bought a new position in Information Services Group in the second quarter valued at about $12,756,000. Bank of New York Mellon Corp purchased a new position in Information Services Group in the second quarter worth about $2,118,000. JB Capital Partners LP bought a new stake in shares of Information Services Group during the 2nd quarter valued at about $2,004,205. Renaissance Technologies LLC grew its stake in shares of Information Services Group by 21.9% during the 1st quarter. Renaissance Technologies LLC now owns 1,888,952 shares of the business services provider’s stock valued at $7,254,000 after purchasing an additional 339,343 shares during the period. Finally, Themes Management Co LLC bought a new stake in shares of Information Services Group during the 1st quarter valued at about $1,192,000. Institutional investors own 73.10% of the company’s stock.

Information Services Group Announces Dividend

The company also recently declared 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. 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 dividend payout ratio (DPR) is 75.00%.

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.