Integral Ad Science (IAS) Scheduled to Post Quarterly Earnings on Thursday

Integral Ad Science (NASDAQ:IAS) is scheduled to release its earnings data after the market closes on Thursday, May 9th. Analysts expect the company to announce earnings of ($0.02) per share for the quarter. Integral Ad Science has set its FY 2024 guidance at EPS and its Q1 2024 guidance at EPS.Persons that wish to register for the company’s earnings conference call can do so using this link.

Integral Ad Science (NASDAQ:IAS) last released its quarterly earnings results on Tuesday, February 27th. The company reported $0.06 EPS for the quarter, beating the consensus estimate of $0.03 by $0.03. Integral Ad Science had a net margin of 1.53% and a return on equity of 0.83%. The business had revenue of $134.30 million for the quarter, compared to analyst estimates of $131.27 million. During the same period in the prior year, the business earned $0.07 earnings per share. The company’s quarterly revenue was up 14.4% on a year-over-year basis. On average, analysts expect Integral Ad Science to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Integral Ad Science Price Performance

Shares of NASDAQ:IAS opened at $9.90 on Wednesday. Integral Ad Science has a one year low of $8.92 and a one year high of $20.88. The stock has a market cap of $1.58 billion, a PE ratio of 248.81, a price-to-earnings-growth ratio of 1.72 and a beta of 1.58. The business’s fifty day moving average price is $9.85 and its two-hundred day moving average price is $12.85. The company has a debt-to-equity ratio of 0.17, a quick ratio of 3.21 and a current ratio of 3.21.

Analyst Ratings Changes

A number of research firms recently commented on IAS. Piper Sandler dropped their price objective on Integral Ad Science from $20.00 to $18.00 and set an “overweight” rating for the company in a research report on Wednesday, February 28th. Benchmark reissued a “hold” rating on shares of Integral Ad Science in a research report on Tuesday. Truist Financial cut 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 decreased their price objective for the stock from $20.00 to $16.00 in a report on Wednesday, February 28th. Finally, Loop Capital initiated coverage on Integral Ad Science in a research report on Tuesday, April 30th. They set a “buy” rating and a $15.00 target price on the stock. Three research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $17.38.

Insider Buying and Selling at Integral Ad Science

In related news, CAO Alexis Gil II sold 3,177 shares of Integral Ad Science stock in a transaction on Monday, March 4th. The shares were sold at an average price of $10.24, for a total value of $32,532.48. Following the completion of the sale, the chief accounting officer now owns 120,195 shares in the company, valued at $1,230,796.80. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In other news, CFO Tania Secor sold 8,929 shares of the business’s stock in a transaction that occurred on Friday, March 8th. The stock was sold at an average price of $9.71, for a total value of $86,700.59. Following the completion of the sale, the chief financial officer now directly owns 221,959 shares in the company, valued at approximately $2,155,221.89. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Alexis Gil II sold 3,177 shares of the firm’s stock in a transaction on Monday, March 4th. The stock was sold at an average price of $10.24, for a total value of $32,532.48. Following the transaction, the chief accounting officer now owns 120,195 shares in the company, valued at $1,230,796.80. The disclosure for this sale can be found here. Insiders have sold a total of 75,126 shares of company stock valued at $749,707 over the last ninety days. Corporate insiders own 2.00% of the company’s stock.

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.