Integral Ad Science Holding Corp. (NASDAQ:IAS) Receives $14.80 Consensus PT from Analysts

Shares of Integral Ad Science Holding Corp. (NASDAQ:IAS) have been assigned a consensus recommendation of “Moderate Buy” from the eleven analysts that are presently covering the firm, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $14.80.

Several analysts recently commented on the stock. Scotiabank initiated coverage on shares of Integral Ad Science in a research report on Thursday, December 5th. They set a “sector perform” rating and a $10.00 price objective on the stock. Benchmark reiterated a “hold” rating on shares of Integral Ad Science in a report on Thursday, November 14th. Piper Sandler decreased their price objective on shares of Integral Ad Science from $18.00 to $16.00 and set an “overweight” rating for the company in a report on Wednesday, November 13th. Truist Financial cut their target price on Integral Ad Science from $18.00 to $16.00 and set a “buy” rating on the stock in a research note on Wednesday, November 13th. Finally, Craig Hallum decreased their price target on Integral Ad Science from $18.00 to $16.00 and set a “buy” rating for the company in a research note on Wednesday, November 13th.

Integral Ad Science Stock Performance

Shares of Integral Ad Science stock opened at $10.46 on Monday. The business has a fifty day simple moving average of $10.51 and a two-hundred day simple moving average of $10.83. The firm has a market capitalization of $1.70 billion, a P/E ratio of 52.30, a P/E/G ratio of 1.03 and a beta of 1.46. The company has a current ratio of 3.71, a quick ratio of 3.71 and a debt-to-equity ratio of 0.07. Integral Ad Science has a 12 month low of $7.98 and a 12 month high of $17.53.

Integral Ad Science (NASDAQ:IAS) last posted its quarterly earnings data on Tuesday, November 12th. The company reported $0.10 EPS for the quarter, topping the consensus estimate of $0.08 by $0.02. Integral Ad Science had a net margin of 6.39% and a return on equity of 3.47%. The business had revenue of $133.50 million for the quarter, compared to analyst estimates of $138.06 million. During the same quarter in the previous year, the firm posted ($0.09) earnings per share. Integral Ad Science’s quarterly revenue was up 11.0% on a year-over-year basis. On average, equities analysts forecast that Integral Ad Science will post 0.26 earnings per share for the current fiscal year.

Insider Activity

In other Integral Ad Science news, CEO Lisa Utzschneider sold 5,940 shares of the business’s stock in a transaction dated Tuesday, January 7th. The stock was sold at an average price of $9.75, for a total transaction of $57,915.00. Following the completion of the sale, the chief executive officer now owns 266,926 shares of the company’s stock, valued at approximately $2,602,528.50. The trade was a 2.18 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 2.00% of the company’s stock.

Hedge Funds Weigh In On Integral Ad Science

A number of hedge funds have recently made changes to their positions in IAS. Point72 DIFC Ltd purchased a new position in Integral Ad Science in the 3rd quarter worth approximately $41,000. nVerses Capital LLC bought a new stake in shares of Integral Ad Science during the third quarter valued at approximately $45,000. Quantbot Technologies LP purchased a new position in shares of Integral Ad Science in the third quarter worth $106,000. XTX Topco Ltd bought a new position in shares of Integral Ad Science during the second quarter worth $113,000. Finally, Stoneridge Investment Partners LLC purchased a new position in Integral Ad Science during the third quarter valued at $125,000. Institutional investors own 95.78% of the company’s stock.

About Integral Ad Science

Integral Ad Science Holding Corp. operates as a digital advertising verification company in the United States, the United Kingdom, France, Ireland, Germany, Italy, Singapore, Australia, Japan, India, and the Nordics. The company provides IAS Signal, a cloud-based technology platform that offers return on ad spend needs; and deliver independent measurement and verification of digital advertising across devices, channels, and formats, including desktop, mobile, connected TV, social, display, and video.