Information Services Group (III) Set to Announce Earnings on Thursday

Information Services Group (NASDAQ:III) will be posting its Q4 2017 quarterly earnings results before the market opens on Thursday, March 15th. Analysts expect Information Services Group to post earnings of $0.08 per share for the quarter.

Information Services Group (NASDAQ:III) opened at $4.35 on Wednesday. The firm has a market cap of $188.36, a PE ratio of -20.71, a P/E/G ratio of 1.41 and a beta of 0.42. Information Services Group has a 12 month low of $2.95 and a 12 month high of $4.63. The company has a quick ratio of 1.89, a current ratio of 1.89 and a debt-to-equity ratio of 1.58.

A hedge fund recently raised its stake in Information Services Group stock. The Manufacturers Life Insurance Company grew its holdings in Information Services Group, Inc. (NASDAQ:III) by 76.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,849 shares of the business services provider’s stock after purchasing an additional 12,098 shares during the quarter. The Manufacturers Life Insurance Company owned about 0.06% of Information Services Group worth $114,000 as of its most recent SEC filing. 45.11% of the stock is currently owned by hedge funds and other institutional investors.

Separately, Zacks Investment Research lowered shares of Information Services Group from a “hold” rating to a “sell” rating in a research note on Tuesday, January 9th. One analyst has rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $5.50.

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About Information Services Group

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.

Earnings History for Information Services Group (NASDAQ:III)

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