Integral Ad Science Holding Corp. (NASDAQ:IAS) Receives $15.18 Average Price Target from Analysts

Shares of Integral Ad Science Holding Corp. (NASDAQ:IAS) have received an average recommendation of “Moderate Buy” from the twelve research firms that are presently covering the firm, Marketbeat Ratings reports. Four analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $15.18.

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

Integral Ad Science Stock Performance

NASDAQ:IAS opened at $10.71 on Thursday. The company has a current ratio of 3.71, a quick ratio of 3.71 and a debt-to-equity ratio of 0.07. The stock has a 50 day simple moving average of $11.08 and a 200 day simple moving average of $10.78. Integral Ad Science has a 1-year low of $7.98 and a 1-year high of $17.53. The stock has a market cap of $1.74 billion, a P/E ratio of 53.55, a PEG ratio of 1.46 and a beta of 1.45.

Integral Ad Science (NASDAQ:IAS) last released its quarterly earnings results on Tuesday, November 12th. The company reported $0.10 EPS for the quarter, topping analysts’ consensus estimates of $0.08 by $0.02. The business had revenue of $133.50 million for the quarter, compared to analyst estimates of $138.06 million. Integral Ad Science had a net margin of 6.39% and a return on equity of 3.47%. Integral Ad Science’s revenue for the quarter was up 11.0% compared to the same quarter last year. During the same period last year, the firm earned ($0.09) earnings per share. Research analysts anticipate that Integral Ad Science will post 0.26 earnings per share for the current year.

Insider Transactions at Integral Ad Science

In other Integral Ad Science news, CFO Tania Secor sold 5,240 shares of the business’s stock in a transaction that occurred on Monday, October 7th. The shares were sold at an average price of $10.11, for a total transaction of $52,976.40. Following the sale, the chief financial officer now directly owns 248,223 shares of the company’s stock, valued at $2,509,534.53. The trade was a 2.07 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Lisa Utzschneider sold 10,481 shares of the firm’s stock in a transaction on Monday, October 7th. The shares were sold at an average price of $10.11, for a total transaction of $105,962.91. Following the transaction, the chief executive officer now directly owns 239,709 shares of the company’s stock, valued at $2,423,457.99. The trade was a 4.19 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 2.00% of the company’s stock.

Institutional Trading of Integral Ad Science

A number of institutional investors and hedge funds have recently bought and sold shares of IAS. Clearline Capital LP bought a new position in Integral Ad Science during the second quarter worth $916,000. abrdn plc lifted its stake in shares of Integral Ad Science by 12.5% in the 3rd quarter. abrdn plc now owns 2,147,656 shares of the company’s stock valued at $23,216,000 after purchasing an additional 237,930 shares during the period. Repertoire Partners LP bought a new stake in shares of Integral Ad Science during the 3rd quarter valued at about $1,676,000. Janus Henderson Group PLC increased its holdings in Integral Ad Science by 65.9% in the third quarter. Janus Henderson Group PLC now owns 359,370 shares of the company’s stock worth $3,884,000 after purchasing an additional 142,741 shares in the last quarter. Finally, Franklin Resources Inc. lifted its stake in Integral Ad Science by 12.9% in the third quarter. Franklin Resources Inc. now owns 110,449 shares of the company’s stock valued at $1,191,000 after buying an additional 12,647 shares during the period. 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.