Shares of Information Services Co. (TSE:ISV - Get Free Report) hit a new 52-week high during mid-day trading on Friday . The company traded as high as C$28.06 and last traded at C$27.92, with a volume of 3641 shares changing hands. The stock had previously closed at C$27.50.
Analyst Ratings Changes
ISV has been the topic of a number of research analyst reports. CIBC increased their price target on Information Services from C$31.00 to C$32.00 in a research note on Thursday, March 14th. Raymond James increased their target price on Information Services from C$27.00 to C$34.00 and gave the stock an "outperform" rating in a research note on Thursday, March 14th. Finally, Royal Bank of Canada upped their price objective on Information Services from C$24.00 to C$27.00 and gave the company a "sector perform" rating in a report on Thursday, March 14th.
Check Out Our Latest Stock Analysis on Information Services
Information Services Price Performance
The company has a fifty day simple moving average of C$24.72 and a two-hundred day simple moving average of C$22.74. The stock has a market capitalization of C$502.56 million, a price-to-earnings ratio of 20.09, a PEG ratio of 1.19 and a beta of 0.56. The company has a debt-to-equity ratio of 110.89, a quick ratio of 1.69 and a current ratio of 0.76.
Information Services (TSE:ISV - Get Free Report) last posted its quarterly earnings results on Tuesday, March 12th. The company reported C$0.54 EPS for the quarter. The business had revenue of C$57.49 million during the quarter, compared to the consensus estimate of C$54.00 million. Information Services had a return on equity of 15.44% and a net margin of 11.68%. As a group, equities research analysts expect that Information Services Co. will post 2.1196911 earnings per share for the current fiscal year.
Information Services Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 15th. Investors of record on Sunday, March 31st will be given a dividend of $0.23 per share. The ex-dividend date of this dividend is Wednesday, March 27th. This represents a $0.92 dividend on an annualized basis and a yield of 3.30%. Information Services's dividend payout ratio is currently 66.19%.
Insider Activity
In other Information Services news, Senior Officer Katherine Hillman-Weir sold 12,311 shares of Information Services stock in a transaction dated Tuesday, March 26th. The stock was sold at an average price of C$27.44, for a total transaction of C$337,813.84. Insiders own 30.22% of the company's stock.
About Information Services
(
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Information Services Corporation provides registry and information management services for public data and records in Canada. It operates through three segments: Registry Operations, Services, and Technology Solutions. The company provides land titles registry services that issues titles to land and registers transactions affecting titles; land survey services, which registers land survey plans and creates a representation of Saskatchewan land parcels in the cadastral parcel mapping system; and geomatics services that manages geographic data in relation to the cadastral parcel mapping system.
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