Investment Technology Group (ITG) to Release Quarterly Earnings on Thursday
Investment Technology Group (NYSE:ITG) is scheduled to be announcing its Q114 earnings results on Thursday, May 1st. Analysts expect the company to announce earnings of $0.32 per share and revenue of $142.12 million for the quarter.
Investment Technology Group (NYSE:ITG) last posted its quarterly earnings results on Thursday, January 30th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.07. The company had revenue of $131.90 million for the quarter, compared to the consensus estimate of $127.50 million. On average, analysts expect Investment Technology Group to post $1.20 EPS for the current fiscal year and $1.36 EPS for the next fiscal year.
Shares of Investment Technology Group (NYSE:ITG) traded down 0.34% on Wednesday, hitting $20.32. 78,242 shares of the company’s stock traded hands. Investment Technology Group has a 52 week low of $10.56 and a 52 week high of $20.87. The stock has a 50-day moving average of $19.30 and a 200-day moving average of $18.46. The company has a market cap of $728.2 million and a P/E ratio of 24.87.
Several analysts have recently commented on the stock. Analysts at TheStreet upgraded shares of Investment Technology Group from a “hold” rating to a “buy” rating in a research note on Tuesday. Analysts at JPMorgan Chase & Co. raised their price target on shares of Investment Technology Group from $20.00 to $23.00 in a research note on Tuesday, March 25th. One research analyst has rated the stock with a hold rating and two have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $19.60.
Investment Technology Group, Inc (NYSE:ITG) is an independent execution and research broker that partners with global portfolio managers and traders to provide data-driven insights throughout the investment process.
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