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

Integral Ad Science Holding Corp. (NASDAQ:IAS) has been given a consensus recommendation of “Moderate Buy” by the nine analysts that are currently covering the stock, Marketbeat reports. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $15.06.

Several brokerages recently weighed in on IAS. Morgan Stanley reaffirmed a “mixed” rating on shares of Integral Ad Science in a research note on Monday, March 3rd. Oppenheimer reissued an “outperform” rating on shares of Integral Ad Science in a research note on Friday, February 28th. Benchmark reissued a “hold” rating on shares of Integral Ad Science in a research note on Friday, February 28th. Scotiabank began coverage on Integral Ad Science in a research note on Friday, February 28th. They issued a “sector perform” rating and a $12.00 target price on the stock. Finally, Barclays reissued an “equal weight” rating on shares of Integral Ad Science in a research note on Friday, February 28th.

Insider Activity

In other Integral Ad Science news, CEO Lisa Utzschneider sold 5,940 shares of the stock in a transaction dated Tuesday, January 7th. The stock was sold at an average price of $9.75, for a total value of $57,915.00. Following the transaction, the chief executive officer now owns 266,926 shares of the company’s stock, valued at approximately $2,602,528.50. This represents a 2.18 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold a total of 19,109 shares of company stock valued at $197,696 over the last ninety days. 2.00% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Integral Ad Science by 4.6% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 41,519 shares of the company’s stock valued at $433,000 after acquiring an additional 1,832 shares during the period. Crestwood Capital Management L.P. raised its stake in shares of Integral Ad Science by 0.3% in the third quarter. Crestwood Capital Management L.P. now owns 650,738 shares of the company’s stock worth $7,034,000 after buying an additional 1,941 shares during the period. Jennison Associates LLC raised its stake in shares of Integral Ad Science by 3.3% in the fourth quarter. Jennison Associates LLC now owns 63,538 shares of the company’s stock worth $663,000 after buying an additional 2,046 shares during the period. Oppenheimer & Co. Inc. raised its stake in shares of Integral Ad Science by 8.0% in the fourth quarter. Oppenheimer & Co. Inc. now owns 28,040 shares of the company’s stock worth $293,000 after buying an additional 2,069 shares during the period. Finally, Envestnet Asset Management Inc. raised its stake in shares of Integral Ad Science by 7.4% in the fourth quarter. Envestnet Asset Management Inc. now owns 31,807 shares of the company’s stock worth $332,000 after buying an additional 2,188 shares during the period. Institutional investors own 95.78% of the company’s stock.

Integral Ad Science Price Performance

Shares of IAS stock opened at $8.90 on Tuesday. The stock has a market cap of $1.46 billion, a price-to-earnings ratio of 44.50, a PEG ratio of 1.06 and a beta of 1.45. The business’s fifty day moving average is $10.12 and its 200 day moving average is $10.63. Integral Ad Science has a twelve month low of $7.98 and a twelve month high of $13.62. The company has a quick ratio of 3.71, a current ratio of 3.71 and a debt-to-equity ratio of 0.07.

Integral Ad Science (NASDAQ:IAS) last issued 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). The firm had revenue of $153.00 million during the quarter, compared to analysts’ expectations of $148.83 million. Integral Ad Science had a return on equity of 3.47% and a net margin of 6.39%. Integral Ad Science’s revenue for the quarter was up 13.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.06 earnings per share. Research analysts expect that Integral Ad Science will post 0.26 EPS for the current fiscal 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.