Integral Ad Science Holding Corp. (NASDAQ:IAS) Receives $17.58 Consensus Target Price from Analysts

Shares of Integral Ad Science Holding Corp. (NASDAQ:IAS) have earned an average recommendation of “Moderate Buy” from the twelve research firms that are covering the company, MarketBeat reports. Three analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $17.58.

A number of equities analysts have recently weighed in on IAS shares. Bank of America started coverage on Integral Ad Science in a report on Thursday, January 11th. They set a “buy” rating and a $19.00 price target for the company. Truist Financial lowered their price target on Integral Ad Science from $26.00 to $17.00 and set a “buy” rating for the company in a report on Wednesday, February 28th. Raymond James cut Integral Ad Science from a “strong-buy” rating to an “outperform” rating and lowered their target price for the company from $20.00 to $16.00 in a report on Wednesday, February 28th. Oppenheimer lowered their target price on Integral Ad Science from $25.00 to $20.00 and set an “outperform” rating for the company in a report on Wednesday, February 28th. Finally, Piper Sandler lowered their target price on Integral Ad Science from $20.00 to $18.00 and set an “overweight” rating for the company in a report on Wednesday, February 28th.

Insiders Place Their Bets

In other Integral Ad Science news, CFO Tania Secor sold 17,999 shares of Integral Ad Science stock in a transaction that occurred on Monday, April 8th. The stock was sold at an average price of $10.05, for a total transaction of $180,889.95. Following the transaction, the chief financial officer now owns 239,174 shares of the company’s stock, valued at $2,403,698.70. The transaction was disclosed in a filing with the SEC, which is available at this link. In other Integral Ad Science news, CFO Tania Secor sold 17,999 shares of Integral Ad Science stock in a transaction that occurred on Monday, April 8th. The stock was sold at an average price of $10.05, for a total transaction of $180,889.95. Following the transaction, the chief financial officer now owns 239,174 shares of the company’s stock, valued at $2,403,698.70. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO Lisa Utzschneider sold 30,407 shares of Integral Ad Science stock in a transaction that occurred on Monday, April 8th. The stock was sold at an average price of $10.05, for a total value of $305,590.35. Following the transaction, the chief executive officer now directly owns 188,678 shares in the company, valued at approximately $1,896,213.90. The disclosure for this sale can be found here. Insiders have sold a total of 80,195 shares of company stock valued at $876,562 over the last quarter. Company insiders own 2.00% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Skandinaviska Enskilda Banken AB publ purchased a new stake in shares of Integral Ad Science in the third quarter valued at approximately $58,000. DekaBank Deutsche Girozentrale purchased a new stake in shares of Integral Ad Science in the third quarter valued at approximately $62,000. Amalgamated Bank boosted its stake in shares of Integral Ad Science by 19.9% in the third quarter. Amalgamated Bank now owns 6,951 shares of the company’s stock valued at $83,000 after buying an additional 1,156 shares in the last quarter. Sherbrooke Park Advisers LLC purchased a new stake in shares of Integral Ad Science in the third quarter valued at approximately $140,000. Finally, L2 Asset Management LLC purchased a new stake in shares of Integral Ad Science in the third quarter valued at approximately $142,000. Institutional investors and hedge funds own 95.78% of the company’s stock.

Integral Ad Science Stock Up 2.3 %

Shares of IAS opened at $9.69 on Wednesday. Integral Ad Science has a 52-week low of $8.92 and a 52-week high of $20.88. The company has a market capitalization of $1.55 billion, a PE ratio of 242.31, a price-to-earnings-growth ratio of 1.66 and a beta of 1.60. The stock has a fifty day simple moving average of $10.63 and a two-hundred day simple moving average of $12.93. The company has a quick ratio of 3.21, a current ratio of 3.21 and a debt-to-equity ratio of 0.17.

Integral Ad Science (NASDAQ:IAS) last issued its earnings results on Tuesday, February 27th. The company reported $0.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $0.03. Integral Ad Science had a return on equity of 0.83% and a net margin of 1.53%. The business had revenue of $134.30 million during the quarter, compared to the consensus estimate of $131.27 million. During the same period last year, the company earned $0.07 EPS. The company’s revenue for the quarter was up 14.4% on a year-over-year basis. As a group, equities analysts forecast that Integral Ad Science will post 0.16 EPS for the current 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.