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

Integral Ad Science Holding Corp. (NASDAQ:IAS) has received a consensus recommendation of “Moderate Buy” from the eleven research firms that are covering the firm, Marketbeat.com reports. Four research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $14.80.

A number of research firms recently commented on IAS. Piper Sandler dropped their target price on shares of Integral Ad Science from $18.00 to $16.00 and set an “overweight” rating on the stock in a report on Wednesday, November 13th. Craig Hallum cut their price objective on Integral Ad Science from $18.00 to $16.00 and set a “buy” rating for the company in a research report on Wednesday, November 13th. Oppenheimer decreased their target price on Integral Ad Science from $20.00 to $18.00 and set an “outperform” rating on the stock in a report on Wednesday, November 13th. Truist Financial reduced their target price on Integral Ad Science from $18.00 to $16.00 and set a “buy” rating for the company in a report on Wednesday, November 13th. Finally, Benchmark reissued a “hold” rating on shares of Integral Ad Science in a research note on Thursday, November 14th.

Insider Activity at Integral Ad Science

In related news, CEO Lisa Utzschneider sold 5,940 shares of the stock in a transaction dated Tuesday, January 7th. The shares were sold at an average price of $9.75, for a total transaction of $57,915.00. Following the completion of the transaction, the chief executive officer now owns 266,926 shares in the company, valued at approximately $2,602,528.50. This represents a 2.18 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 2.00% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Barclays PLC increased its holdings in Integral Ad Science by 207.1% during the 3rd quarter. Barclays PLC now owns 127,733 shares of the company’s stock worth $1,380,000 after acquiring an additional 86,133 shares during the period. JPMorgan Chase & Co. raised its position in shares of Integral Ad Science by 47.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 717,528 shares of the company’s stock valued at $7,756,000 after buying an additional 231,271 shares in the last quarter. Clearline Capital LP purchased a new stake in shares of Integral Ad Science during the 2nd quarter valued at $916,000. abrdn plc lifted its holdings in shares of Integral Ad Science by 12.5% during the 3rd quarter. abrdn plc now owns 2,147,656 shares of the company’s stock worth $23,216,000 after acquiring an additional 237,930 shares during the last quarter. Finally, Repertoire Partners LP purchased a new position in Integral Ad Science in the third quarter worth $1,676,000. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

Integral Ad Science Stock Performance

Shares of IAS opened at $10.51 on Monday. Integral Ad Science has a 52-week low of $7.98 and a 52-week high of $17.53. The company has a quick ratio of 3.71, a current ratio of 3.71 and a debt-to-equity ratio of 0.07. The firm has a market cap of $1.71 billion, a price-to-earnings ratio of 52.55, a PEG ratio of 1.07 and a beta of 1.46. The business’s 50 day moving average is $10.48 and its two-hundred day moving average is $10.83.

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

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.