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

3.50USD-0.06 (-1.69%)Market Closed

Market Summary

USD3.50-0.06

Market Closed

-1.69%

III Alerts

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

III Stock Price

View Fullscreen

III RSI Chart

III Valuation

Market Cap

172.1M

Price/Earnings (Trailing)

27.96

Price/Sales (Trailing)

0.59

EV/EBITDA

10.78

Price/Free Cashflow

19.47

III Price/Sales (Trailing)

III Profitability

EBT Margin

3.01%

Return on Equity

6.03%

Return on Assets

2.49%

Free Cashflow Yield

5.14%

III Fundamentals

III Revenue

Revenue (TTM)

291.1M

Rev. Growth (Yr)

-10.76%

Rev. Growth (Qtr)

-7.78%

III Earnings

Earnings (TTM)

6.2M

Earnings Growth (Yr)

-167.03%

Earnings Growth (Qtr)

-189.69%

Breaking Down III Revenue

Last 7 days

-3.0%

Last 30 days

-11.6%

Last 90 days

-21.4%

Trailing 12 Months

-27.4%

How does III drawdown profile look like?

III Financial Health

Current Ratio

2.44

Debt/Equity

0.78

Debt/Cashflow

0.15

III Investor Care

Dividend Yield

5.06%

Dividend/Share (TTM)

0.18

Buy Backs (1Y)

0.15%

Diluted EPS (TTM)

0.12

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
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

Try For Just $1.99

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
Apr 23, 2024	AMALGAMATED BANK	reduced	-70.22	-15,000	5,000	-%
Apr 22, 2024	Relyea Zuckerberg Hanson LLC	unchanged	-	-96,195	580,043	0.10%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	6,088	86,881	-%
Apr 19, 2024	Copeland Capital Management, LLC	added	1.52	-3,964	26,717	-%
Apr 19, 2024	Riverwater Partners LLC	reduced	-1.48	-47,761	260,414	0.19%
Apr 18, 2024	Allspring Global Investments Holdings, LLC	added	46.2	189	933	-%
Apr 15, 2024	ATLAS CAPITAL ADVISORS LLC	unchanged	-	30,889	236,239	0.04%
Apr 15, 2024	Legato Capital Management LLC	added	22.71	9,195	184,289	0.02%
Apr 12, 2024	Dynamic Advisor Solutions LLC	new	-	95,425	95,425	-%
Apr 05, 2024	CWM, LLC	new	-	2,000	2,000	-%

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
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
Mar 08, 2024	10-K	Annual Report
Mar 07, 2024	8-K	Current Report
Feb 13, 2024	SC 13G/A	Major Ownership Report

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	197.2B	64.6B	-6.17%	14.22%	28.04	3.05	2.26%	1.32%
IBM	168.6B	61.9B	-4.53%	45.30%	22.48	2.73	2.20%	357.72%
CTSH	33.6B	19.4B	-5.74%	13.90%	15.81	1.74	-0.39%	-7.16%
CDW	32.3B	21.4B	-5.95%	44.91%	29.25	1.51	-9.99%	-0.92%
BR	23.0B	6.3B	-3.80%	35.31%	33.6	3.64	8.37%	28.40%
MID-CAP
CACI	8.5B	7.1B	3.30%	24.95%	22.52	1.2	10.03%	3.79%
EXLS	4.9B	1.6B	-3.52%	-11.18%	26.61	3.01	15.48%	29.09%
ASGN	4.7B	4.5B	-0.34%	29.86%	21.37	1.05	-2.85%	-18.20%
DXC	3.9B	13.9B	3.52%	-12.38%	-8.32	0.28	-6.57%	-164.76%
XRX	1.8B	6.9B	-13.22%	8.68%	1.8K	0.27	-3.11%	100.31%
SMALL-CAP
CTG	1.5B	302.0M	15.15%	1282.82%	2.8K	4.93	-16.01%	-96.16%
GDYN	791.6M	312.9M	-14.66%	-8.76%	-448.52	2.53	0.78%	93.96%
CNDT	636.2M	3.7B	-6.75%	-9.52%	-2.15	0.17	-3.53%	-62.64%
DMRC	454.3M	34.9M	-19.37%	34.34%	-9.88	13.03	15.41%	23.14%
CSPI	139.2M	61.7M	-30.91%	7.68%	33.38	2.26	2.22%	29.66%

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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-7.8%	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	67,901
S&GA Expenses	29.9%	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	24,502
EBITDA Margin	-31.3%	0.07*	0.11*	0.11*	0.12*	0.12*	0.12*	0.12*	0.12*	0.11*	0.10*	0.09*	0.08*	-	-	-	-	-	-	-	-	-
Interest Expenses	-1.2%	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	1,548
Income Taxes	-230.3%	-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	2,635
Earnings Before Taxes	-203.0%	-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	1,783
EBT Margin	-54.3%	0.03*	0.07*	0.07*	0.08*	0.09*	0.10*	0.10*	0.09*	0.08*	0.07*	0.06*	0.05*	-	-	-	-	-	-	-	-	-
Net Income	-189.7%	-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	-852
Net Income Margin	-52.5%	0.02*	0.04*	0.05*	0.06*	0.07*	0.07*	0.06*	0.06*	0.06*	0.05*	0.04*	0.03*	-	-	-	-	-	-	-	-	-
Free Cashflow	216.4%	7,873	2,488	2,353	-3,875	5,742	-851	-233	3,065	1,658	17,999	8,353	11,612	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	1.5%	247	244	239	244	243	214	221	235	237	244	239	240	240	230	218	211	219	221	217	216	215
Current Assets	-4.7%	113	118	113	116	115	98.00	104	114	116	123	118	118	115	109	103	94.00	100	101	97.00	93.00	98.00
Cash Equivalents	21.4%	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	19.00
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	7.00
Goodwill	2.5%	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	85.00
Liabilities	5.4%	145	138	135	140	143	120	127	137	138	145	142	140	140	136	130	125	129	136	136	137	136
Current Liabilities	13.0%	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	41.00
Long Term Debt	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	89.00
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	8.00
LT Debt, Non Current	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	89.00
Shareholder's Equity	-3.4%	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	79.00
Retained Earnings	-2.9%	-102	-99.83	-103	-105	-108	-113	-118	-123	-128	-132	-136	-140	-144	-145	-147	-148	-146	-148	-150	-151	-150
Additional Paid-In Capital	-0.5%	218	219	221	225	226	227	233	237	238	239	244	250	248	246	244	246	246	244	242	238	236
Shares Outstanding	-0.3%	49.00	49.00	48.00	48.00	48.00	48.00	48.00	49.00	49.00	49.00	48.00	49.00	-	-	-	-	-	-	-	-	-
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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	206.0%	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	7,974
Share Based Compensation	13.4%	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	2,632
Cashflow From Investing	-316.2%	-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	-396
Cashflow From Financing	-20.2%	-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	-2,249
Dividend Payments	-8.1%	2,155	2,346	2,226	1,960	2,013	2,049	3,389	10.00	1,497	1,489	-	-	-	-	-	-	-	-	-	-	-
Buy Backs	-	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	184

III Income Statement

2023-12-31

CONSOLIDATED STATEMENT OF INCOME AND COMPREHENSIVE INCOME - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
CONSOLIDATED STATEMENT OF INCOME AND COMPREHENSIVE INCOME
Revenues	$ 291,054	$ 286,267	$ 277,832
Operating expenses
Direct costs and expenses for advisors	178,913	169,650	168,475
Selling, general and administrative	91,271	81,769	78,759
Depreciation and amortization	6,258	5,368	5,331
Operating income	14,612	29,480	25,267
Interest income	497	189	142
Interest expense	(6,190)	(3,157)	(2,342)
Foreign currency transaction (loss) gain	(158)	170	44
Income before taxes	8,761	26,682	23,111
Income tax provision	2,607	6,956	7,582
Net income	$ 6,154	$ 19,726	$ 15,529
Weighted average shares outstanding:
Basic	48,609	48,175	48,638
Diluted	50,175	50,420	51,756
Earnings per share:
Basic	$ 0.13	$ 0.41	$ 0.32
Diluted	$ 0.12	$ 0.39	$ 0.30
Comprehensive income:
Net income	$ 6,154	$ 19,726	$ 15,529
Foreign currency translation gain (loss), net of tax expense (benefit) of $212, ($859) and ($724), respectively	688	(2,737)	(2,269)
Comprehensive income	$ 6,842	$ 16,989	$ 13,260

III Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents	$ 22,636	$ 30,587
Accounts receivable and contract assets, net of allowance of $5,288 and $272, respectively	82,117	80,170
Prepaid expenses and other current assets	8,091	4,724
Total current assets	112,844	115,481
Restricted cash	173	83
Furniture, fixtures and equipment, net	6,446	5,929
Right-of-use lease assets	7,473	6,780
Goodwill	97,232	94,972
Intangible assets, net	12,615	14,380
Deferred tax assets	4,775	2,818
Other assets	5,787	2,585
Total assets	247,345	243,028
Current liabilities
Accounts payable	11,302	15,925
Current maturities of long-term debt		4,300
Contract liabilities	9,521	7,058
Accrued expenses and other current liabilities	25,451	23,908
Total current liabilities	46,274	51,191
Long-term debt, net of current maturities	79,175	74,416
Deferred tax liabilities	2,384	2,391
Operating lease liabilities	5,287	4,857
Other liabilities	12,143	9,742
Total liabilities	145,263	142,597
Commitments and contingencies (Note 13)
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 48,653 outstanding at December 31, 2023 and 49,472 shares issued and 48,300 outstanding at December 31, 2022	49	49
Additional paid-in capital	217,684	226,293
Treasury stock (819 and 1,172 common shares, respectively, at cost)	(3,959)	(7,487)
Accumulated other comprehensive loss	(8,989)	(9,677)
Accumulated deficit	(102,703)	(108,747)
Total stockholders' equity	102,082	100,431
Total liabilities and stockholders' equity	$ 247,345	$ 243,028

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 Tue Apr 23 2024, market cap of Information Services Group Inc is 172.07 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 Tue Apr 23 2024, III's PE ratio (Price to Earnings) is 27.96 and Price to Sales (PS) ratio is 0.59. 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 -0.026 (multiply by 100 for percentage) rate of return.