With 0.1 million shares changed hands, the volume of the stock remained heavier than its average volume of 98170.0 shares. During the session, the Information Technology Services company that operates in wider Technology sector, reached to the highest price of $3.1878 whereas the lowest price it dropped to was $3.13. The 52-week range on III shows that it touched its highest point at $4.82 and its lowest point at $2.92 during that stretch. It currently has a 1-year price target of $5.44. With its current market cap of 153.60 million, III has annualized dividend of $0.18 while the current yield stands at 5.75%. Beta for the stock currently stands at 1.02.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of III was down-trending over the past week, with a drop of -6.29%, but this was down by -14.48% over a month. Three-month performance dropped to -1.26% while six-month performance rose 3.30%. The stock lost -31.43% in the past year, while it has lost -6.29% so far this year. A look at the trailing 12-month EPS for III yields -0.06 with Next year EPS estimates of 0.11. For the next quarter, that number is -0.00. This implies an EPS growth rate of -105.00% for this year and 1866.67% for next year. EPS is expected to grow by 14.50% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -0.10%.
Float and Shares Shorts:
At present, 49.02 million III shares are outstanding with a float of 33.72 million shares on hand for trading. On 2024-12-13, short shares totaled 0.17 million, which was 34.0 higher than short shares on 1731628800. In addition to Mr. Michael P. Connors as the firm’s Chairman & CEO, Mr. Michael A. Sherrick serves as its CFO & Executive VP.
Institutional Ownership:
Through their ownership of 0.60884 of III’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, III reported revenue of $61277000.0 and operating income of $4294000.0. The EBITDA in the recently reported quarter was $6114000.0 and diluted EPS was $0.02.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential. With III analysts setting a high price target of 8.0 and a low target of 3.75, the average target price over the next 12 months is 5.58333. Based on these targets, III could surge 155.59% to reach the target high and rise by 19.81% to reach the target low. Reaching the average price target will result in a growth of 78.38% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.00466667 being high and -$0.00666667 being low. For III, this leads to a yearly average estimate of -$0.006.
