Press coverage about Investment Technology Group (NYSE:ITG) has trended somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Investment Technology Group earned a news impact score of 0.22 on Accern’s scale. Accern also assigned press coverage about the financial services provider an impact score of 45.3613712788199 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
A number of research analysts recently issued reports on ITG shares. ValuEngine downgraded Investment Technology Group from a “hold” rating to a “sell” rating in a research note on Tuesday, November 7th. Zacks Investment Research upgraded Investment Technology Group from a “strong sell” rating to a “hold” rating in a research note on Thursday, January 4th. Two investment analysts have rated the stock with a sell rating and two have issued a hold rating to the company’s stock. Investment Technology Group has an average rating of “Hold” and a consensus price target of $23.00.
Investment Technology Group (NYSE ITG) opened at $20.88 on Friday. The stock has a market capitalization of $666.16, a P/E ratio of -21.98 and a beta of 1.36. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.52 and a current ratio of 1.53. Investment Technology Group has a 12 month low of $17.63 and a 12 month high of $23.96.
Investment Technology Group (NYSE:ITG) last released its quarterly earnings results on Wednesday, November 1st. The financial services provider reported ($0.11) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.14). The firm had revenue of $114.50 million for the quarter, compared to analysts’ expectations of $112.50 million. Investment Technology Group had a positive return on equity of 2.92% and a negative net margin of 6.57%. The company’s quarterly revenue was up 9.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.08) EPS. analysts expect that Investment Technology Group will post 0.23 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Friday, December 15th. Investors of record on Tuesday, November 28th were paid a dividend of $0.07 per share. The ex-dividend date was Monday, November 27th. This represents a $0.28 dividend on an annualized basis and a yield of 1.34%. Investment Technology Group’s dividend payout ratio is presently -29.47%.
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Investment Technology Group Company Profile
Investment Technology Group, Inc (ITG) is a financial technology company that helps brokers and asset managers improve returns for investors around the world. The Company operates through four segments: U.S. Operations, Canadian Operations, European Operations and Asia Pacific Operations. These four segments provide categories of products and services, such as Execution Services, Workflow Technology and Analytics.
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