Information Services (TSE:ISV) Reaches New 52-Week High at $29.76

Information Services Co. (TSE:ISV)’s stock price reached a new 52-week high on Monday . The company traded as high as C$29.76 and last traded at C$29.76, with a volume of 765 shares traded. The stock had previously closed at C$29.00.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. CIBC upped their price objective on shares of Information Services from C$32.00 to C$34.00 in a report on Friday, August 9th. Royal Bank of Canada raised their price objective on Information Services from C$27.00 to C$30.00 in a research report on Friday, August 9th.

Information Services Stock Up 1.4 %

The company has a market capitalization of C$543.90 million, a PE ratio of 26.32, a P/E/G ratio of 1.19 and a beta of 0.58. The company has a debt-to-equity ratio of 99.98, a quick ratio of 1.69 and a current ratio of 0.74. The company’s 50-day moving average is C$26.86 and its 200 day moving average is C$26.41.

Information Services (TSE:ISV) last released its quarterly earnings data on Wednesday, August 7th. The company reported C$0.77 earnings per share for the quarter, beating the consensus estimate of C$0.58 by C$0.19. The firm had revenue of C$67.85 million during the quarter, compared to analysts’ expectations of C$62.40 million. Information Services had a net margin of 8.75% and a return on equity of 12.37%. As a group, analysts anticipate that Information Services Co. will post 2.2196262 EPS for the current year.

Information Services Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 3.07%. The ex-dividend date is Friday, September 27th. Information Services’s payout ratio is currently 80.70%.

Information Services Company Profile

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.