Robert W. Baird Reaffirms Neutral Rating for Integral Ad Science (NASDAQ:IAS)

Integral Ad Science (NASDAQ:IAS)‘s stock had its “neutral” rating restated by investment analysts at Robert W. Baird in a research note issued on Friday, MarketBeat Ratings reports. They presently have a $9.00 target price on the stock, down from their prior target price of $16.00. Robert W. Baird’s price target would indicate a potential upside of 9.22% from the company’s previous close.

Several other equities analysts have also recently issued reports on the stock. Barclays reiterated an “equal weight” rating on shares of Integral Ad Science in a research note on Friday, February 28th. Truist Financial increased their target price on shares of Integral Ad Science from $16.00 to $17.00 and gave the stock a “buy” rating in a research note on Monday, March 3rd. Scotiabank initiated coverage on Integral Ad Science in a research note on Friday, February 28th. They issued a “sector perform” rating and a $12.00 price target for the company. Benchmark reiterated a “hold” rating on shares of Integral Ad Science in a research report on Friday, February 28th. Finally, Morgan Stanley restated a “mixed” rating on shares of Integral Ad Science in a research report on Monday, March 3rd. Five analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, Integral Ad Science currently has an average rating of “Moderate Buy” and an average target price of $14.45.

Integral Ad Science Trading Down 4.6 %

Integral Ad Science stock opened at $8.24 on Friday. The stock has a 50-day moving average price of $10.01 and a 200 day moving average price of $10.55. The company has a market capitalization of $1.35 billion, a price-to-earnings ratio of 41.20, a price-to-earnings-growth ratio of 1.06 and a beta of 1.45. Integral Ad Science has a 52 week low of $7.98 and a 52 week high of $13.62. The company has a quick ratio of 3.71, a current ratio of 3.71 and a debt-to-equity ratio of 0.07.

Integral Ad Science (NASDAQ:IAS) last issued its quarterly earnings data on Friday, February 28th. The company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.03). The company had revenue of $153.00 million during the quarter, compared to analyst estimates of $148.83 million. Integral Ad Science had a net margin of 6.39% and a return on equity of 3.47%. The business’s quarterly revenue was up 13.9% compared to the same quarter last year. During the same period last year, the firm earned $0.06 EPS. Sell-side analysts anticipate that Integral Ad Science will post 0.26 EPS for the current year.

Insider Transactions at Integral Ad Science

In other news, CEO Lisa Utzschneider sold 12,448 shares of Integral Ad Science stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $10.61, for a total transaction of $132,073.28. Following the transaction, the chief executive officer now owns 278,650 shares in the company, valued at $2,956,476.50. The trade was a 4.28 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last three months, insiders have sold 19,109 shares of company stock valued at $197,696. Corporate insiders own 2.00% of the company’s stock.

Institutional Investors Weigh In On Integral Ad Science

Several hedge funds and other institutional investors have recently bought and sold shares of IAS. Point72 DIFC Ltd purchased a new stake in shares of Integral Ad Science in the 3rd quarter valued at approximately $41,000. State of Wyoming purchased a new stake in Integral Ad Science in the 4th quarter valued at about $51,000. Alta Fox Capital Management LLC acquired a new position in Integral Ad Science in the fourth quarter valued at about $61,000. Quantbot Technologies LP acquired a new stake in shares of Integral Ad Science during the third quarter valued at about $106,000. Finally, BNP Paribas Financial Markets purchased a new stake in shares of Integral Ad Science in the 4th quarter valued at approximately $120,000. 95.78% of the stock is currently owned by institutional investors and hedge funds.

Integral Ad Science Company Profile

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.