Brokerages expect Information Services Group, Inc. (NASDAQ:III) to post earnings per share (EPS) of $0.08 for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for Information Services Group’s earnings. The lowest EPS estimate is $0.07 and the highest is $0.09. Information Services Group reported earnings per share of $0.05 during the same quarter last year, which indicates a positive year over year growth rate of 60%. The firm is scheduled to announce its next earnings results on Thursday, March 12th.

On average, analysts expect that Information Services Group will report full-year earnings of $0.27 per share for the current fiscal year, with EPS estimates ranging from $0.25 to $0.28. For the next fiscal year, analysts anticipate that the firm will post earnings of $0.34 per share, with EPS estimates ranging from $0.28 to $0.43. Zacks Investment Research’s EPS calculations are an average based on a survey of research analysts that follow Information Services Group.

A number of research firms have issued reports on III. ValuEngine raised Information Services Group from a “sell” rating to a “hold” rating in a research report on Monday, August 26th. Barrington Research reissued a “hold” rating on shares of Information Services Group in a research report on Wednesday, November 13th. Zacks Investment Research raised Information Services Group from a “sell” rating to a “hold” rating in a research report on Tuesday, October 15th. Finally, Noble Financial reissued a “buy” rating and set a $5.25 price target on shares of Information Services Group in a research report on Thursday, August 8th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $4.75.

III stock traded down $0.02 during trading on Friday, reaching $2.41. 62,400 shares of the stock traded hands, compared to its average volume of 75,599. The business’s 50 day moving average price is $2.40 and its 200-day moving average price is $2.78. Information Services Group has a 52-week low of $2.14 and a 52-week high of $5.07. The company has a debt-to-equity ratio of 1.07, a current ratio of 2.53 and a quick ratio of 2.44. The firm has a market capitalization of $115.04 million, a PE ratio of 10.95, a P/E/G ratio of 1.01 and a beta of 0.37.

Several hedge funds and other institutional investors have recently modified their holdings of III. SG Americas Securities LLC boosted its position in shares of Information Services Group by 43.3% in the third quarter. SG Americas Securities LLC now owns 28,750 shares of the business services provider’s stock worth $71,000 after buying an additional 8,690 shares during the period. Susquehanna International Group LLP purchased a new position in Information Services Group in the second quarter valued at about $91,000. Rhumbline Advisers boosted its holdings in Information Services Group by 8.9% in the third quarter. Rhumbline Advisers now owns 53,391 shares of the business services provider’s stock valued at $133,000 after purchasing an additional 4,341 shares during the last quarter. Acadian Asset Management LLC boosted its holdings in Information Services Group by 14.1% in the second quarter. Acadian Asset Management LLC now owns 57,041 shares of the business services provider’s stock valued at $180,000 after purchasing an additional 7,060 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its holdings in Information Services Group by 5.7% in the second quarter. Wells Fargo & Company MN now owns 86,239 shares of the business services provider’s stock valued at $273,000 after purchasing an additional 4,633 shares during the last quarter. 47.33% of the stock is owned by institutional investors.

Information Services Group Company Profile

Information Services Group, Inc engages in the provision of sourcing advisory services. It operaets through the following geographical segments: Americas, Europe, and Asia Pacific. The firm offers business advisory, human resources technology and delivery services, organizational change management and software advisory services to the aerospace, defence, automotive, banking, energy, healthcare and insurance industries.

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Earnings History and Estimates for Information Services Group (NASDAQ:III)

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