Month: March 2020

Thursday, March 12, 2020

Information Services (III)

Will the Coronavirus Impact 2020 Results?

ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 700 clients, including more than 70 of the top 100 enterprises in the world, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,300 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data. For more information, visit www.isg-one.com

Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

Most Profitable Six Months Ever. The fourth quarter capped the most profitable six months in the Company’s history. Across the last six months of 2019, ISG generated $19.9 million of adjusted EBITDA and $9.2 million of adjusted net income, or $0.19 per diluted share.


Mix Driving Margins. 4Q adjusted EBITDA margin was nearly 15% driven by a more profitable mix of client solutions, especially digital services. RPA showed strong year-over-year growth and we expect RPA revenues to end 2020 on a…

Click to get the full report.

This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst
certification and important disclosures included in the full report. 
NOTE: investment decisions should not be based upon the content of
this research summary.  Proper due diligence is required before
making any investment decision. 

Thursday, March 12, 2020

Information Services (III)

Will the Coronavirus Impact 2020 Results?

ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 700 clients, including more than 70 of the top 100 enterprises in the world, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,300 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data. For more information, visit www.isg-one.com

Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

Most Profitable Six Months Ever. The fourth quarter capped the most profitable six months in the Company’s history. Across the last six months of 2019, ISG generated $19.9 million of adjusted EBITDA and $9.2 million of adjusted net income, or $0.19 per diluted share.


Mix Driving Margins. 4Q adjusted EBITDA margin was nearly 15% driven by a more profitable mix of client solutions, especially digital services. RPA showed strong year-over-year growth and we expect RPA revenues to end 2020 on a…

Click to get the full report.

This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst
certification and important disclosures included in the full report. 
NOTE: investment decisions should not be based upon the content of
this research summary.  Proper due diligence is required before
making any investment decision. 

Wednesday, March 11, 2020

Information Services (III)

Solid Ending to the Year

ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 700 clients, including more than 70 of the top 100 enterprises in the world, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,300 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data. For more information, visit www.isg-one.com

Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

4Q19 Results. Information Services reported solid 4Q19 results with revenue of $65.5 million GAAP EPS of $0.04 and adjusted EPS of $0.10 compared to $67.9 million, a GAAP loss of $0.02, and adjusted EPS of $0.05 last year. We had forecast revenue of $67 million, GAAP EPS of $0.03, and adjusted EPS of $0.08. For the full year, III had revenue of $265.7 million, GAAP EPS of $0.07, and adjusted EPS of $0.29.


Strong Cash Flow Generation. Fourth quarter CFFO was $14.6 million due to operating results and collections. This brings the full year CFFO to $20.4 million, up from $19.1 million in 2018. Adjusted EBITDA for 2019 totaled $31.5 million, down modestly from…









Get the full report on Channelchek desktop.

This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst
certification and important disclosures included in the full report. 
NOTE: investment decisions should not be based upon the content of
this research summary.  Proper due diligence is required before
making any investment decision. 

How Americans Research and What it Means for Your Business

Ask Google how Americans conduct research, and it will return a whopping 352 million answers. That’s more than one answer for each American.

Expensive purchases, vacation, job moves, investments, college selection, and other big decisions usually involve research.   Where do people in the U.S.  turn for advice on making their important decisions? The Pew Research Center recently performed an extensive study on this subject. Pew is highly regarded for its objective public opinion polls and data-driven social science research.

The results are then shared to help uncover trends and to help support sound decision making.  Not long ago, they concluded a study using 10,168 U.S. adults as part of a project on trust and research. The results of the study can be very useful as a basis to guide business marketing, personal branding, and sales of all types. 

It comes as no surprise that a majority of people gather information themselves without reliance on others. A full 81% say they “do their own research” as their primary source for making major life decisions. This is near twice the percentage that say they rely heavily on family and friends, 43%. The survey uncovered that only 31% turn to “professionals” or  “experts.” A small fraction totaling 15% of the survey group said they rely “a little” on their own research.

Of the combined 96% of respondents that said they rely on their own research to some degree, they were then asked to define what it is they do to gather trusted information. When answering this open-ended question, they cited many venues–  they typically started with the internet.    However, the internet was not the be-all-end-all for personal research. Overall, 46% explained they turn to online sources, while 25% said they sought advice from others they know. Fewer still relied on prior education, followed by print media, and religious or instinctive decision-making. As the overlapping statistics imply, it is common for people to use multiple means to choose a course of action.

The non-multiple choice responses included trips to the library, discussions with friends and family, and through people with meaningful experience. Some of the respondents explained that they can find experts they trust online.  Among those using online research, there were some that would not make a purchase or even go out to eat to a new restaurant without first reading a review. In fact, 98% of respondents said customer reviews and ratings made them feel “a little,” to “a lot,” more comfortable about a purchase.

Take-Aways

Understanding the power of a review or rating helps people choose your business over alternative businesses. Even companies that get an “average” review should recognize that this could open your company to a higher level of consideration by 98% of those looking. Gaining trust plays a key role in businesses and the products they sell. Management should make sure they are doing all they can to manage toward this reality.

Suggested
Reading:

Should
Online Retailers Open Neighborhood Shops?

Is
Company Sponsored Research the Future for Small-Cap Stock Investors?

 Sources:

https://www.pewresearch.org/about/

https://www.people-press.org/2019/07/22/methodology-trust-distrust-in-america/

https://www.pewresearch.org/wp-content/uploads/2020/03/research-topline.pdf

https://www.pewresearch.org/topics/research-methodology/

Wednesday, March 11, 2020

Information Services (III)

Solid Ending to the Year

ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 700 clients, including more than 70 of the top 100 enterprises in the world, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,300 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data. For more information, visit www.isg-one.com

Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

4Q19 Results. Information Services reported solid 4Q19 results with revenue of $65.5 million GAAP EPS of $0.04 and adjusted EPS of $0.10 compared to $67.9 million, a GAAP loss of $0.02, and adjusted EPS of $0.05 last year. We had forecast revenue of $67 million, GAAP EPS of $0.03, and adjusted EPS of $0.08. For the full year, III had revenue of $265.7 million, GAAP EPS of $0.07, and adjusted EPS of $0.29.


Strong Cash Flow Generation. Fourth quarter CFFO was $14.6 million due to operating results and collections. This brings the full year CFFO to $20.4 million, up from $19.1 million in 2018. Adjusted EBITDA for 2019 totaled $31.5 million, down modestly from…









Get the full report on Channelchek desktop.

This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst
certification and important disclosures included in the full report. 
NOTE: investment decisions should not be based upon the content of
this research summary.  Proper due diligence is required before
making any investment decision.