Noble Financial reissued their buy rating on shares of Information Services Group (NASDAQ:III) in a research report released on Monday morning. The brokerage currently has a $5.25 price objective on the business services provider’s stock.

III has been the topic of a number of other research reports. Zacks Investment Research downgraded shares of Information Services Group from a buy rating to a hold rating in a research note on Wednesday, March 13th. Barrington Research downgraded shares of Information Services Group from an outperform rating to a market perform rating in a research note on Monday. One analyst has rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus price target of $5.33.

Shares of III opened at $3.69 on Monday. The company has a current ratio of 2.42, a quick ratio of 2.44 and a debt-to-equity ratio of 1.14. The company has a market cap of $169.00 million, a P/E ratio of 16.77, a PEG ratio of 0.98 and a beta of 0.42. Information Services Group has a 1 year low of $3.51 and a 1 year high of $5.45.

Information Services Group (NASDAQ:III) last announced its quarterly earnings data on Thursday, March 14th. The business services provider reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.08). The firm had revenue of $67.90 million for the quarter, compared to analysts’ expectations of $72.67 million. Information Services Group had a net margin of 2.06% and a return on equity of 14.06%. On average, equities analysts predict that Information Services Group will post 0.27 EPS for the current year.

Large investors have recently bought and sold shares of the business. Bailard Inc. purchased a new position in shares of Information Services Group in the 4th quarter valued at $42,000. Prudential Financial Inc. purchased a new position in shares of Information Services Group in the 4th quarter valued at $49,000. Globeflex Capital L P purchased a new position in shares of Information Services Group in the 4th quarter valued at $75,000. O Shaughnessy Asset Management LLC raised its stake in shares of Information Services Group by 25.8% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 21,782 shares of the business services provider’s stock valued at $92,000 after acquiring an additional 4,464 shares during the period. Finally, Bank of America Corp DE raised its stake in shares of Information Services Group by 55.9% in the 4th quarter. Bank of America Corp DE now owns 30,715 shares of the business services provider’s stock valued at $131,000 after acquiring an additional 11,016 shares during the period. 46.94% of the stock is currently owned by institutional investors.

About Information Services Group

Information Services Group, Inc 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.

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