Professional
Added to YB: 2024-07-29
Pitch date: 2024-07-02
III [bullish]
Information Services Group, Inc.
+110.12%
current return
Author Info
No bio for this author
Company Info
Information Services Group, Inc., together with its subsidiaries, operates as an artificial intelligence (AI) centered technology research and advisory company in the Americas, Europe, and the Asia Pacific.
Market Cap
$251.4M
Pitch Price
$2.88
Price Target
6.00 (-1%)
Dividend
3.43%
EV/EBITDA
14.13
P/E
27.59
EV/Sales
1.21
Sector
IT Services
Category
turnaround
Rewey Asset Management Portfolio Holding: Information Services Group, Inc.
III: Tech advisory firm down 26% to $2.94. Clients delaying IT projects due to economy & AI. No cancellations, expects 2024 rebound. Keeping staff for future demand. 17% EBITDA margin goal for late 2025. Trading at 7x EBITDA, 6.16% yield, buybacks. $6 price target.
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