Information Services Group (III) Earns Daily News Sentiment Rating of 0.09
Media coverage about Information Services Group (NASDAQ:III) has been trending somewhat positive on Wednesday, Accern Sentiment Analysis reports. The research group rates the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Information Services Group earned a media sentiment score of 0.09 on Accern’s scale. Accern also gave news stories about the business services provider an impact score of 44.9902111835782 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the news stories that may have effected Accern’s analysis:
- Thomas S. Kucinski Buys 6,100 Shares of Information Services Group, Inc. (III) Stock (americanbankingnews.com)
- OTC Markets Group Welcomes Trinity Capital Corporation to OTCQX (prnewswire.com)
- Olympia Financial Group Inc. Announces the Resignation of Cora Pettipas as a Director of Olympia Trust Company (globenewswire.com)
- Head to Head Survey: Information Services Group (III) and The Competition (americanbankingnews.com)
- ISG to Host Webinar on Digital Supplier Management (finance.yahoo.com)
Several equities analysts have commented on III shares. Zacks Investment Research upgraded shares of Information Services Group from a “hold” rating to a “buy” rating and set a $4.50 price objective on the stock in a report on Thursday, July 6th. ValuEngine upgraded shares of Information Services Group from a “sell” rating to a “hold” rating in a report on Saturday, June 3rd. Noble Financial reiterated a “buy” rating on shares of Information Services Group in a report on Friday, June 9th. Finally, B. Riley reiterated a “buy” rating and issued a $6.50 price objective on shares of Information Services Group in a report on Monday, August 14th. Two analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Information Services Group presently has an average rating of “Buy” and an average target price of $5.50.
Information Services Group (NASDAQ III) opened at 3.67 on Wednesday. Information Services Group has a 12-month low of $2.95 and a 12-month high of $4.32. The firm has a 50 day moving average of $3.80 and a 200 day moving average of $3.61. The firm’s market capitalization is $158.85 million.
Information Services Group (NASDAQ:III) last issued its quarterly earnings data on Monday, August 7th. The business services provider reported $0.06 earnings per share for the quarter, meeting the consensus estimate of $0.06. Information Services Group had a negative return on equity of 10.15% and a negative net margin of 3.46%. The business had revenue of $68.04 million for the quarter, compared to analysts’ expectations of $71.18 million. On average, analysts forecast that Information Services Group will post $0.31 EPS for the current fiscal year.
In other Information Services Group news, EVP Thomas S. Kucinski bought 15,000 shares of the firm’s stock in a transaction dated Friday, August 18th. The stock was purchased at an average cost of $3.65 per share, with a total value of $54,750.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Over the last ninety days, insiders have bought 35,947 shares of company stock valued at $132,397. Insiders own 12.00% of the company’s stock.
Information Services Group Company Profile
Information Services Group, Inc is a technology insights, market intelligence and advisory services company. The Company operates in the segment of fact-based sourcing advisory services. It supports private and public sector organizations to transform and optimize their operational environments through research, benchmarking, consulting and managed services with a focus on information technology, business process transformation, program management services and enterprise resource planning.
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