Information Services Group Inc [NASDAQ: III] gained 0.98% on the last trading session, reaching $5.17 price per share at the time.
Information Services Group Inc represents 48.32 million in outstanding shares, while the company has a total market value of $249.17 million with the latest information. III stock price has been found in the range of $5.08 to $5.19.
If compared to the average trading volume of 229.31K shares, III reached a trading volume of 161715 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Information Services Group Inc [III]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for III shares is $5.94 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on III stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Barrington Research have made an estimate for Information Services Group Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on May 12, 2021. The new note on the price target was released on March 18, 2019, representing the official price target for Information Services Group Inc stock. Previously, the target price had yet another raise from $5 to $6, while Maxim Group kept a Buy rating on III stock. On March 10, 2016, analysts decreased their price target for III shares from 7 to 6.
The Price to Book ratio for the last quarter was 2.65, with the Price to Cash per share for the same quarter was set at 0.52. Price to Free Cash Flow for III in the course of the last twelve months was 9.71 with Quick ratio for the last quarter at 2.43.
Trading performance analysis for III stock
Information Services Group Inc [III] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.78. With this latest performance, III shares gained by 19.95% in over the last four-week period, additionally plugging by 65.18% over the last 6 months – not to mention a rise of 54.79% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for III stock in for the last two-week period is set at 65.31, with the RSI for the last a single of trading hit 0.16, and the three-weeks RSI is set at 0.17 for Information Services Group Inc [III]. The present Moving Average for the last 50 days of trading for this stock 4.74, while it was recorded at 5.06 for the last single week of trading, and 3.95 for the last 200 days.
Information Services Group Inc [III]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Information Services Group Inc [III] shares currently have an operating margin of 7.29% and a Gross Margin at 39.68%. Information Services Group Inc’s Net Margin is presently recorded at 3.27%.
Information Services Group Inc (III) Capital Structure & Debt Analysis
According to recent financial data for Information Services Group Inc. ( III), the Return on Equity (ROE) stands at 8.29%, suggesting modest shareholder returns. The Return on Assets (ROA) is 3.61%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Information Services Group Inc’s Return on Invested Capital (ROIC) is 5.03%, showcasing its effectiveness in deploying capital for earnings.
Information Services Group Inc (III) Efficiency & Liquidity Metrics
Based on Information Services Group Inc’s (III) latest financial statements, the Debt-to-Equity Ratio is 0.66%, indicating its reliance on debt financing relative to shareholder equity.
Information Services Group Inc (III) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Information Services Group Inc. (III) effectively leverages its workforce, generating an average of $5941.04 per employee. The company’s liquidity position is robust, with a Current Ratio of 2.43% and a Quick Ratio of 2.43%, indicating strong ability to cover short-term liabilities.
Information Services Group Inc [III]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Information Services Group Inc posted 0.05/share EPS, while the average EPS was predicted by analysts to be reported at 0.05/share. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for III.
An analysis of Institutional ownership at Information Services Group Inc [III]
There are presently around $64.76%, or 90.28%% of III stock, in the hands of institutional investors. The top three institutional holders of III stocks are: PRIVATE CAPITAL MANAGEMENT, LLC with ownership of 5.42 million shares, which is approximately 11.1137%. CERITY PARTNERS LLC, holding 4.32 million shares of the stock with an approximate value of $$12.89 million in III stocks shares; and CERITY PARTNERS LLC, currently with $$8.74 million in III stock with ownership which is approximately 6.0955%.
