Jefferies Financial Group Equities Analysts Decrease Earnings Estimates for Integral Ad Science Holding Corp. (NASDAQ:IAS)

Integral Ad Science Holding Corp. (NASDAQ:IAS – Get Rating) – Equities researchers at Jefferies Financial Group decreased their Q3 2022 earnings per share (EPS) estimates for shares of Integral Ad Science in a research note issued to investors on Thursday, August 4th. Jefferies Financial Group analyst B. Thill now anticipates that the company will earn $0.00 per share for the quarter, down from their prior forecast of $0.01. The consensus estimate for Integral Ad Science’s current full-year earnings is $0.10 per share. Jefferies Financial Group also issued estimates for Integral Ad Science’s Q4 2022 earnings at $0.03 EPS, Q1 2023 earnings at $0.06 EPS, Q2 2023 earnings at $0.08 EPS, Q3 2023 earnings at $0.07 EPS, Q4 2023 earnings at $0.10 EPS and FY2023 earnings at $0.31 EPS.

Integral Ad Science (NASDAQ:IAS – Get Rating) last posted its quarterly earnings results on Thursday, August 4th. The company reported $0.01 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.01. Integral Ad Science had a negative return on equity of 5.60% and a negative net margin of 14.03%. During the same period in the prior year, the company posted ($0.25) EPS.

IAS has been the topic of several other research reports. Morgan Stanley dropped their price objective on Integral Ad Science from $15.00 to $13.00 and set an “overweight” rating on the stock in a research note on Friday, June 24th. Oppenheimer dropped their price objective on Integral Ad Science from $24.00 to $19.00 in a research note on Thursday, May 12th. Finally, Barclays dropped their price objective on Integral Ad Science from $17.00 to $12.00 in a research note on Thursday, May 12th. One analyst has rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Integral Ad Science currently has an average rating of “Buy” and an average target price of $21.13.

Integral Ad Science Stock Performance

IAS stock opened at $9.02 on Friday. The business’s fifty day moving average is $10.36 and its 200-day moving average is $13.30. The company has a quick ratio of 3.37, a current ratio of 3.37 and a debt-to-equity ratio of 0.31. The company has a market cap of $1.40 billion and a P/E ratio of -26.50. Integral Ad Science has a twelve month low of $8.52 and a twelve month high of $29.68.

Institutional Trading of Integral Ad Science

Several hedge funds and other institutional investors have recently modified their holdings of IAS. Wellington Management Group LLP grew its holdings in shares of Integral Ad Science by 15,557.5% in the 1st quarter. Wellington Management Group LLP now owns 3,152,174 shares of the company’s stock valued at $43,500,000 after acquiring an additional 3,132,042 shares in the last quarter. TimesSquare Capital Management LLC grew its holdings in shares of Integral Ad Science by 25.3% in the 4th quarter. TimesSquare Capital Management LLC now owns 2,474,389 shares of the company’s stock valued at $54,956,000 after acquiring an additional 499,379 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Integral Ad Science by 7.2% in the 1st quarter. Vanguard Group Inc. now owns 2,055,145 shares of the company’s stock valued at $28,361,000 after acquiring an additional 138,315 shares in the last quarter. BlackRock Inc. grew its holdings in shares of Integral Ad Science by 47.1% in the 1st quarter. BlackRock Inc. now owns 1,603,564 shares of the company’s stock valued at $22,129,000 after acquiring an additional 513,654 shares in the last quarter. Finally, Frontier Capital Management Co. LLC grew its holdings in shares of Integral Ad Science by 27.3% in the 1st quarter. Frontier Capital Management Co. LLC now owns 1,053,009 shares of the company’s stock valued at $14,532,000 after acquiring an additional 225,994 shares in the last quarter.

Integral Ad Science Company Profile

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Integral Ad Science Holding Corp. operates as a digital advertising verification company in the United States, the United Kingdom, Germany, Italy, Spain, Sweden, Singapore, Australia, France, Japan, Canada, India, and Brazil. The company provides IAS Signal, a cloud-based technology platform that offers actionable insights; and deliver independent measurement and verification of digital advertising across devices, channels, and formats, including desktop, mobile, connected TV, social, display, and video.