Integral Ad Science Holding Corp. (NASDAQ:IAS) Receives $15.06 Consensus Target Price from Brokerages

Integral Ad Science Holding Corp. (NASDAQ:IAS) has received a consensus recommendation of “Moderate Buy” from the nine analysts that are currently covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $15.06.

IAS has been the topic of several research reports. Scotiabank initiated coverage on Integral Ad Science in a research report on Friday, February 28th. They set a “sector perform” rating and a $12.00 price target on the stock. Morgan Stanley restated a “mixed” rating on shares of Integral Ad Science in a research report on Monday, March 3rd. Truist Financial lifted their price target on Integral Ad Science from $16.00 to $17.00 and gave the company a “buy” rating in a research report on Monday, March 3rd. Barclays restated an “equal weight” rating on shares of Integral Ad Science in a research report on Friday, February 28th. Finally, Oppenheimer restated an “outperform” rating on shares of Integral Ad Science in a research report on Friday, February 28th.

Integral Ad Science Price Performance

IAS opened at $8.99 on Tuesday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 3.71 and a current ratio of 3.71. Integral Ad Science has a 52-week low of $7.98 and a 52-week high of $13.62. The stock has a market capitalization of $1.47 billion, a PE ratio of 44.95, a price-to-earnings-growth ratio of 1.06 and a beta of 1.45. The stock’s 50 day moving average price is $10.14 and its 200-day moving average price is $10.66.

Integral Ad Science (NASDAQ:IAS) last released its quarterly earnings results on Friday, February 28th. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.03). Integral Ad Science had a net margin of 6.39% and a return on equity of 3.47%. The firm had revenue of $153.00 million for the quarter, compared to the consensus estimate of $148.83 million. During the same quarter in the prior year, the firm earned $0.06 earnings per share. The company’s revenue for the quarter was up 13.9% compared to the same quarter last year. On average, equities research analysts predict that Integral Ad Science will post 0.26 EPS for the current year.

Insider Activity

In related news, CEO Lisa Utzschneider sold 12,448 shares of the business’s stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $10.61, for a total transaction of $132,073.28. Following the completion of the sale, the chief executive officer now directly owns 278,650 shares in the company, valued at approximately $2,956,476.50. The trade was a 4.28 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders sold 19,109 shares of company stock valued at $197,696 over the last three months. Insiders own 2.00% of the company’s stock.

Institutional Trading of Integral Ad Science

Large investors have recently added to or reduced their stakes in the business. Barclays PLC grew its position in Integral Ad Science by 207.1% during the third quarter. Barclays PLC now owns 127,733 shares of the company’s stock valued at $1,380,000 after buying an additional 86,133 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Integral Ad Science by 47.6% in the third quarter. JPMorgan Chase & Co. now owns 717,528 shares of the company’s stock worth $7,756,000 after purchasing an additional 231,271 shares during the period. Repertoire Partners LP bought a new position in shares of Integral Ad Science in the third quarter worth approximately $1,676,000. Janus Henderson Group PLC boosted its position in shares of 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 during the period. Finally, Franklin Resources Inc. boosted its position in shares of Integral Ad Science by 12.9% in the third quarter. Franklin Resources Inc. now owns 110,449 shares of the company’s stock worth $1,191,000 after purchasing an additional 12,647 shares during the period. 95.78% of the stock is currently owned by institutional investors.

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.