Investment Technology Group (ITG) Receives News Impact Rating of 0.05
Media coverage about Investment Technology Group (NYSE:ITG) has trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Investment Technology Group earned a news impact score of 0.05 on Accern’s scale. Accern also assigned press coverage about the financial services provider an impact score of 45.713200267899 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Investment Technology Group (ITG) opened at $19.01 on Friday. The stock has a market capitalization of $629.48, a price-to-earnings ratio of -20.01 and a beta of 1.37. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.52 and a current ratio of 1.53. Investment Technology Group has a one year low of $17.63 and a one year high of $23.96.
Investment Technology Group (NYSE:ITG) last released its quarterly earnings results on Wednesday, November 1st. The financial services provider reported ($0.11) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.03 by ($0.14). The firm had revenue of $114.50 million for the quarter, compared to analyst estimates of $112.50 million. Investment Technology Group had a positive return on equity of 2.92% and a negative net margin of 6.57%. The business’s revenue for the quarter was up 9.9% on a year-over-year basis. During the same period in the previous year, the business posted ($0.08) earnings per share. analysts forecast that Investment Technology Group will post 0.23 EPS for the current fiscal year.
Several brokerages have recently commented on ITG. Rosenblatt Securities began coverage on Investment Technology Group in a report on Tuesday, September 12th. They set a “neutral” rating and a $21.00 target price on the stock. ValuEngine cut Investment Technology Group from a “hold” rating to a “sell” rating in a report on Tuesday, November 7th. Three equities research analysts have rated the stock with a sell rating and one has assigned a hold rating to the stock. The company has a consensus rating of “Sell” and a consensus price target of $23.00.
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About Investment Technology Group
Investment Technology Group, Inc (ITG) is a financial technology company that helps brokers and asset managers improve returns for investors around the world. The Company operates through four segments: U.S. Operations, Canadian Operations, European Operations and Asia Pacific Operations. These four segments provide categories of products and services, such as Execution Services, Workflow Technology and Analytics.
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