III - Information Services Group Inc Stock Price, Fair Value and News

3.14USD-0.01 (-0.32%)Market Closed

Market Summary

USD3.14-0.01

Market Closed

-0.32%

III Alerts

JPMORGAN CHASE & CO reported owning 4% of III [2024-04-09]

III Stock Price

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III RSI Chart

III Valuation

Market Cap

152.8M

Price/Earnings (Trailing)

-210.48

Price/Sales (Trailing)

0.55

EV/EBITDA

17.62

Price/Free Cashflow

10.9

III Price/Sales (Trailing)

III Profitability

EBT Margin

-0.01%

Return on Equity

-0.76%

Return on Assets

-0.31%

Free Cashflow Yield

9.18%

III Fundamentals

III Revenue

Revenue (TTM)

276.8M

Rev. Growth (Yr)

-18.11%

Rev. Growth (Qtr)

-2.9%

III Earnings

Earnings (TTM)

-726.0K

Earnings Growth (Yr)

-197.08%

Earnings Growth (Qtr)

-18.04%

Breaking Down III Revenue

Last 7 days

4.7%

Last 30 days

-14.0%

Last 90 days

-29.3%

Trailing 12 Months

-41.5%

How does III drawdown profile look like?

III Financial Health

Current Ratio

2.23

Debt/Equity

0.78

Debt/Cashflow

0.24

III Investor Care

Dividend Yield

5.89%

Dividend/Share (TTM)

0.19

Shares Dilution (1Y)

0.58%

Diluted EPS (TTM)

-0.02

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	276.8M	0	0	0
2023	292.2M	296.1M	299.0M	291.1M
2022	283.8M	283.9M	281.7M	286.3M
2021	252.0M	265.2M	274.7M	277.8M
2020	264.7M	254.7M	248.2M	249.1M
2019	271.7M	268.0M	268.2M	265.8M
2018	271.9M	274.9M	274.5M	275.8M
2017	233.1M	240.8M	257.2M	269.6M
2016	208.6M	215.6M	216.1M	216.5M
2015	211.9M	210.4M	208.6M	209.2M
2014	208.6M	207.9M	209.8M	209.6M
2013	197.1M	202.2M	207.1M	211.0M
2012	190.1M	190.3M	187.8M	192.7M
2011	137.8M	154.7M	171.4M	184.4M
2010	0	132.5M	132.3M	132.0M
2009	0	0	0	132.7M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Information Services Group Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 01, 2024	kucinski thomas s.	sold (taxes)	-12,484	3.99	-3,129	evp, chief hr
Mar 15, 2024	lavieri todd d.	acquired	450,000	4.05	111,111	vice chairman
Mar 15, 2024	lavieri todd d.	sold (taxes)	-58,814	4.05	-14,522	vice chairman
Mar 15, 2024	connors michael p	acquired	1,000,000	4.05	246,914	chairman & ceo
Mar 15, 2024	kucinski thomas s.	acquired	60,000	4.05	14,815	evp, chief hr
Mar 15, 2024	connors michael p	sold (taxes)	-164,430	4.05	-40,600	chairman & ceo
Dec 20, 2023	waite donald c iii	acquired	10,602	4.75	2,232	-
Dec 12, 2023	putur christine	acquired	125,000	4.27	29,274	-
Dec 12, 2023	budnick neil g	acquired	125,000	4.27	29,274	-
Dec 12, 2023	pfau bruce	acquired	125,000	4.27	29,274	-

Which funds bought or sold III recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-38.92	-12,957	14,257	-%
May 16, 2024	JANE STREET GROUP, LLC	reduced	-28.91	-48,303	75,471	-%
May 15, 2024	ALGERT GLOBAL LLC	sold off	-100	-56,000	-	-%
May 15, 2024	CITADEL ADVISORS LLC	added	24.36	5,472	87,506	-%
May 15, 2024	GOLDMAN SACHS GROUP INC	reduced	-2.87	-93,909	468,959	-%
May 15, 2024	Royal Bank of Canada	added	184	95,000	161,000	-%
May 15, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	added	616	398,967	476,437	0.01%
May 15, 2024	TWO SIGMA INVESTMENTS, LP	added	13.89	-11,215	474,607	-%
May 15, 2024	MILLENNIUM MANAGEMENT LLC	added	107	172,800	395,282	-%
May 15, 2024	STATE STREET CORP	reduced	-0.08	-378,743	2,270,580	-%

Are Funds Buying or Selling III?

Are funds buying III calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own III

No. of Funds

III Alerts

JPMORGAN CHASE & CO reported owning 4% of III [2024-04-09]

Unveiling Information Services Group Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Apr 09, 2024	jpmorgan chase & co	4.0%	1,972,342	SC 13G/A
Feb 13, 2024	connors michael p	9.7%	4,752,510	SC 13G/A
Feb 05, 2024	private capital management, llc	10.97%	5,361,805	SC 13G/A
Jan 31, 2024	blackrock inc.	5.5%	2,698,808	SC 13G
Jan 23, 2024	jpmorgan chase & co	5.3%	2,619,838	SC 13G/A
Mar 02, 2023	private capital management, llc	10.03%	4,813,623	SC 13G/A
Feb 14, 2023	connors michael p	10.8%	5,169,322	SC 13G/A
Feb 10, 2023	private capital management, llc	9.32%	4,473,817	SC 13G/A
Jan 11, 2023	jpmorgan chase & co	6.0%	2,896,178	SC 13G
Feb 14, 2022	connors michael p	10.0%	4,907,285	SC 13G/A

Recent SEC filings of Information Services Group Inc

View All Filings

Date Filed	Form Type	Document
May 10, 2024	10-Q	Quarterly Report
May 09, 2024	8-K	Current Report
Apr 26, 2024	8-K	Current Report
Apr 09, 2024	SC 13G/A	Major Ownership Report
Apr 03, 2024	4	Insider Trading
Mar 19, 2024	4	Insider Trading
Mar 19, 2024	4	Insider Trading
Mar 19, 2024	4	Insider Trading
Mar 14, 2024	DEFA14A	DEFA14A
Mar 14, 2024	DEF 14A	DEF 14A

Peers (Alternatives to Information Services Group Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ACN	191.1B	64.6B	-3.43%	5.66%	27.17	2.96	2.26%	1.32%
IBM	155.0B	62.1B	-7.68%	33.99%	18.95	2.5	2.45%	346.26%
CTSH	34.2B	19.3B	1.82%	8.09%	16.34	1.77	-0.58%	-9.32%
CDW	30.1B	21.1B	-5.54%	28.00%	27.57	1.42	-7.67%	-0.37%
BR	24.0B	6.4B	5.16%	31.93%	34.39	3.76	7.68%	26.07%
MID-CAP
CACI	9.5B	7.3B	17.76%	40.72%	24.22	1.3	10.28%	6.24%
EXLS	5.1B	1.7B	6.05%	0.91%	27.84	3.04	12.34%	15.10%
ASGN	4.6B	4.4B	6.73%	49.39%	22.32	1.06	-5.37%	-17.11%
DXC	3.0B	13.7B	-16.57%	-30.75%	32.46	0.22	-5.29%	116.02%
XRX	1.7B	6.7B	-13.84%	-4.58%	-9.47	0.26	-6.72%	6.15%
SMALL-CAP
CTG	1.7B	302.0M	13.51%	1525.39%	2.8K	4.93	-16.01%	-96.16%
GDYN	782.8M	312.6M	0.29%	24.76%	346.84	2.5	-2.04%	106.54%
CNDT	779.5M	3.7B	26.16%	6.72%	-2.63	0.21	-2.41%	-62.64%
DMRC	538.6M	36.9M	11.26%	-16.91%	-12.75	14.58	20.62%	24.62%
CSPI	140.7M	62.1M	-11.69%	31.99%	25.89	2.27	0.80%	60.81%

Information Services Group Inc News

Latest updates

Information Services Group Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-2.9%	64,269	66,186	71,773	74,609	78,486	74,167	68,836	70,701	72,563	69,569	71,095	70,597	66,571	66,389	61,635	57,394	63,710	65,501	68,143	67,328	64,791
S&GA Expenses	-11.7%	24,087	27,279	20,992	22,330	20,670	20,963	20,334	20,885	19,587	19,991	19,236	20,492	19,040	22,993	20,318	18,593	21,881	22,191	23,092	24,223	23,012
EBITDA Margin	-40.1%	0.04*	0.07*	0.11*	0.11*	0.12*	0.12*	0.12*	0.12*	0.12*	0.11*	0.10*	0.09*	-	-	-	-	-	-	-	-	-
Interest Expenses	-0.9%	1,500	1,514	1,533	1,407	1,736	1,160	824	610	563	548	538	613	643	673	687	819	1,384	1,504	1,598	1,602	1,563
Income Taxes	88.9%	-231	-2,073	1,591	1,376	1,713	1,711	1,218	1,719	2,308	3,012	2,370	1,192	1,008	1,341	227	2,054	-509	1,435	2,373	1,339	-1,349
Earnings Before Taxes	27.2%	-3,600	-4,945	4,800	3,709	5,204	5,994	6,774	6,676	7,238	6,606	6,791	5,298	4,400	2,805	2,282	2,666	-1,900	3,529	4,104	1,753	-2,247
EBT Margin	-100.4%	0.00*	0.03*	0.07*	0.07*	0.08*	0.09*	0.10*	0.10*	0.09*	0.08*	0.07*	0.06*	-	-	-	-	-	-	-	-	-
Net Income	-18.0%	-3,389	-2,871	3,201	2,333	3,491	4,283	5,556	4,957	4,930	3,578	4,421	4,106	3,424	1,448	2,055	612	-1,360	2,094	1,731	414	-898
Net Income Margin	-112.4%	0.00*	0.02*	0.04*	0.05*	0.06*	0.07*	0.07*	0.06*	0.06*	0.06*	0.05*	0.04*	-	-	-	-	-	-	-	-	-
Free Cashflow	-83.3%	1,311	7,873	2,488	2,353	-3,875	5,742	-851	-233	3,065	1,658	17,999	8,353	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-5.3%	234	247	244	239	244	243	214	221	235	237	244	239	240	240	230	218	211	219	221	217	216
Current Assets	-11.5%	100	113	118	113	116	115	98.00	104	114	116	123	118	118	115	109	103	94.00	100	101	97.00	93.00
Cash Equivalents	-37.6%	14.00	23.00	19.00	20.00	24.00	31.00	20.00	32.00	44.00	48.00	55.00	44.00	49.00	44.00	38.00	32.00	17.00	18.00	14.00	10.00	14.00
Net PPE	-	-	-	-	-	-	-	6.00	6.00	6.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	6.00	6.00	6.00	6.00	6.00
Goodwill	-0.1%	97.00	97.00	95.00	95.00	95.00	95.00	90.00	91.00	91.00	91.00	91.00	91.00	91.00	91.00	91.00	5.00	85.00	85.00	85.00	85.00	85.00
Liabilities	-4.6%	139	145	138	135	140	143	120	127	137	138	145	142	140	140	136	130	125	129	136	136	137
Current Liabilities	-3.2%	45.00	46.00	41.00	40.00	43.00	51.00	44.00	49.00	57.00	57.00	62.00	58.00	54.00	51.00	44.00	41.00	31.00	41.00	40.00	40.00	41.00
Long Term Debt	-6.3%	74.00	79.00	79.00	79.00	79.00	74.00	66.00	67.00	68.00	69.00	71.00	72.00	73.00	74.00	75.00	76.00	81.00	75.00	85.00	86.00	85.00
LT Debt, Current	-	-	-	-	-	-	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	11.00	10.00	10.00	9.00
LT Debt, Non Current	-100.0%	-	79.00	79.00	79.00	79.00	74.00	66.00	67.00	68.00	69.00	71.00	72.00	73.00	74.00	75.00	76.00	81.00	75.00	85.00	86.00	85.00
Shareholder's Equity	-6.3%	96.00	102	106	103	104	100	94.00	94.00	97.00	98.00	98.00	97.00	101	99.00	94.00	88.00	86.00	90.00	84.00	81.00	79.00
Retained Earnings	-3.3%	-106	-102	-99.83	-103	-105	-108	-113	-118	-123	-128	-132	-136	-140	-144	-145	-147	-148	-146	-148	-150	-151
Additional Paid-In Capital	-0.5%	217	218	219	221	225	226	227	233	237	238	239	244	250	248	246	244	246	246	244	242	238
Shares Outstanding	-0.7%	48.00	49.00	49.00	48.00	48.00	48.00	48.00	48.00	49.00	49.00	49.00	48.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	217	-	-	-	268	-	-	-	237	-	-	-	85.00	-	-	-	129	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-75.9%	2,333	9,666	3,159	2,821	-3,374	6,551	-341	825	4,111	2,478	18,534	8,877	12,053	6,664	10,336	22,364	4,607	14,635	5,220	-696	1,278
Share Based Compensation	-5.5%	2,249	2,380	2,098	2,612	2,042	2,028	1,987	1,942	1,503	1,392	1,499	1,428	2,148	2,347	2,159	1,966	2,419	2,439	2,456	2,384	2,310
Cashflow From Investing	63.4%	-1,022	-2,793	-671	-468	-501	-4,259	-510	-1,058	-1,046	-820	-535	-524	-441	-421	-2,650	-254	-173	-807	-441	-321	-353
Cashflow From Financing	-166.8%	-9,718	-3,643	-3,031	-6,348	-3,176	5,841	-8,723	-9,671	-6,388	-8,313	-6,687	-13,290	-5,835	-1,186	-1,510	-8,203	-4,796	-10,248	-578	-2,252	-5,856
Dividend Payments	-100.0%	-	2,155	2,346	2,226	1,960	2,013	2,049	3,389	10.00	1,497	1,489	-	-	-	-	-	-	-	-	-	-
Buy Backs	41.5%	2,127	1,503	-	1,696	298	-	2,474	4,440	5,156	2,973	2,142	8,266	2,950	114	277	1,408	3,367	452	-	1,665	1,311

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III Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME
Revenues	$ 64,269	$ 78,486
Operating expenses
Direct costs and expenses for advisors	41,047	49,169
Selling, general and administrative	24,087	20,670
Depreciation and amortization	1,505	1,597
Operating (loss) income	(2,370)	7,050
Interest income	257	84
Interest expense	(1,500)	(1,736)
Foreign currency transaction loss	(7)	(194)
(Loss) income before taxes	(3,620)	5,204
Income tax (benefit) provision	(231)	1,713
Net (loss) income	$ (3,389)	$ 3,491
Weighted average shares outstanding:
Basic	48,492	48,438
Diluted	48,492	50,288
(Loss) earnings per share:
Basic	$ (0.07)	$ 0.07
Diluted	$ (0.07)	$ 0.07
Comprehensive (loss) income:
Net (loss) income	$ (3,389)	$ 3,491
Foreign currency translation (loss) gain, net of tax expense of $(50), and $(97), respectively	(654)	323
Comprehensive (loss) income	$ (4,043)	$ 3,814

III Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	$ 14,039	$ 22,636
Accounts receivable and contract assets, net of allowance of $5,374 and $5,288, respectively	78,020	82,117
Prepaid expenses and other current assets	7,821	8,091
Total current assets	99,880	112,844
Restricted cash	86	173
Furniture, fixtures and equipment, net	6,796	6,446
Right-of-use lease assets	6,784	7,473
Goodwill	97,137	97,232
Intangible assets, net	11,860	12,615
Deferred tax assets	6,446	4,775
Other assets	5,251	5,787
Total assets	234,240	247,345
Current liabilities
Accounts payable	11,068	11,302
Contract liabilities	8,047	9,521
Accrued expenses and other current liabilities	25,673	25,451
Total current liabilities	44,788	46,274
Long-term debt, net of current maturities	74,175	79,175
Deferred tax liabilities	2,541	2,384
Operating lease liabilities	4,736	5,287
Other liabilities	12,353	12,143
Total liabilities	138,593	145,263
Commitments and contingencies (Note 8)
Stockholders' equity
Preferred stock, $0.001 par value; 10,000 shares authorized; none issued
Common stock, $0.001 par value; 100,000 shares authorized; 49,472 shares issued and 48,329 outstanding at March 31, 2024 and 49,472 shares issued and 48,653 outstanding at December 31, 2023	49	49
Additional paid-in capital	216,521	217,684
Treasury stock (1,143 and 819 common shares, respectively, at cost)	(5,188)	(3,959)
Accumulated other comprehensive loss	(9,643)	(8,989)
Accumulated deficit	(106,092)	(102,703)
Total stockholders' equity	95,647	102,082
Total liabilities and stockholders' equity	$ 234,240	$ 247,345

About Information Services Group Inc

Information Services Group, Inc., together with its subsidiaries, 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. It supports private and public sector organizations to transform and optimize their operational environments. The company also provides ISG Digital, a client solution platform that helps clients developing technology, transformation, sourcing, and digital solutions; and ISG Enterprise, a client solution platform that helps clients manage change and optimize operations in areas comprising finance, human resource, and Procure2Pay. In addition, it offers ISG GovernX, a software platform, which provides insights from market and performance data, and automates the management of third-party supplier relationships that comprise contract and project lifecycles, and risk management. The company serves private sector clients operating in the manufacturing, banking and financial services, insurance, health sciences, energy and utilities, and consumer services industries; and public sector clients, including state and local governments, airport and transit authorities, and national and provincial government units. Information Services Group, Inc. was founded in 2006 and is based in Stamford, Connecticut.

CEO	Mr. Michael P. Connors
WEBSITE	isg-one.com
INDUSTRY	IT Services
EMPLOYEES	1600

Information Services Group Inc Frequently Asked Questions

What is the ticker symbol for Information Services Group Inc? What does III stand for in stocks?

III is the stock ticker symbol of Information Services Group Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Information Services Group Inc (III)?

As of Fri May 17 2024, market cap of Information Services Group Inc is 152.81 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of III stock?

You can check III's fair value in chart for subscribers.

What is the fair value of III stock?

You can check III's fair value in chart for subscribers. The fair value of Information Services Group Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Information Services Group Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for III so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Information Services Group Inc a good stock to buy?

The fair value guage provides a quick view whether III is over valued or under valued. Whether Information Services Group Inc is cheap or expensive depends on the assumptions which impact Information Services Group Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for III.

What is Information Services Group Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, III's PE ratio (Price to Earnings) is -210.48 and Price to Sales (PS) ratio is 0.55. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. III PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Information Services Group Inc's stock?

In the past 10 years, Information Services Group Inc has provided -0.032 (multiply by 100 for percentage) rate of return.