FY2022 EPS estimates for Information Services Co. (TSE: ISV) raised by analyst

Information Services Co. (TSE: ISV – Get Rating) – Stock analysts at Cormark raised their fiscal 2022 earnings per share estimates for information services in a research note released to investors on Thursday 17 March. Cormark analyst J. Pytlak now expects the company to post earnings per share of $1.41 for the year, up from its previous forecast of $1.40. Cormark also released estimates for information services earnings for fiscal year 2023 at $1.66 EPS.

Other research analysts have also recently published reports on the company. CIBC lowered its target price on information services from C$30.00 to C$25.00 in a research report on Thursday. Royal Bank of Canada lowered its price target on information services from C$30.00 to C$27.00 and set an “industry return” rating for the stock in a report released Thursday. Raymond James set a target price of C$29.00 on information services and gave the stock an “outperform” rating in a research note on Thursday. Finally, Acumen Capital raised its price target on information services from C$30.75 to C$31.50 and gave the stock a “buy” rating in a research note on Thursday.

ISV stock opened at C$22.79 on Monday. The company has a debt ratio of 36.32, a current ratio of 1.53 and a quick ratio of 1.45. The company has a market cap of C$398.83 million and a price-to-earnings ratio of 12.80. Information Services has a 1-year low of C$20.67 and a 1-year high of C$33.87. The company has a 50-day simple moving average of C$24.00 and a 200-day simple moving average of C$26.03.

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About Information Services (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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