Information Services Co. (TSE:ISV – Get Rating) – Investment analysts Raymond James released their fiscal year 2023 earnings estimates for Information Services shares in a research report released Wednesday, March 16. Raymond James analyst S. Boland expects the company to post earnings per share of $2.03 for the year. Raymond James has an “outperform” rating and a price target of $29.00 on the stock.
Other stock analysts have also recently released reports on the company. Royal Bank of Canada slashed its target price on information services from C$30.00 to C$27.00 and set an “industry performance” rating on the stock in a research report on Thursday. CIBC lowered its target price on information services from C$30.00 to C$25.00 in a research report on Thursday. Finally, Acumen Capital raised its price target on information services from C$30.75 to C$31.50 and gave the company a “buy” rating in a research report on Thursday. Two investment analysts gave the stock a hold rating, two gave the stock a buy rating and one gave the stock a high buy rating. According to data from MarketBeat, News Services currently has a consensus buy rating and a consensus price target of C$27.60.
ISV stock opened at C$22.81 on Friday. The stock has a market capitalization of C$399.18 million and a price-to-earnings ratio of 13.95. Information services have a fifty-two week minimum of C$20.67 and a fifty-two week maximum of C$33.87. The company has a 50-day moving average price of CA$24.12 and a 200-day moving average price of CA$26.14. The company has a quick ratio of 1.79, a current ratio of 1.87 and a leverage ratio of 48.00.
Information Services Company Profile (Get a rating)
Information Services Corporation, together with its subsidiaries, provides registry and information management services for public data and records in Canada and internationally. It operates through three segments: Registry Operations, Services and Technology Solutions. The Company provides land title registration services that issue land titles and record title transactions; survey services, which registers survey plans and creates a representation of Saskatchewan land parcels in the land parcel mapping system; and geomatics services that manage geographic data in relation to the cadastral parcel mapping system.
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