Q3 2022 EPS Estimates for Integral Ad Science Holding Corp. Decreased by Oppenheimer (NASDAQ:IAS)

Integral Ad Science Holding Corp. (NASDAQ:IAS – Get Rating) – Stock analysts at Oppenheimer dropped their Q3 2022 earnings per share (EPS) estimates for Integral Ad Science in a research note issued on Monday, August 1st. Oppenheimer analyst J. Helfstein now anticipates that the company will post earnings per share of $0.03 for the quarter, down from their prior forecast of $0.04. The consensus estimate for Integral Ad Science’s current full-year earnings is $0.10 per share. Oppenheimer also issued estimates for Integral Ad Science’s FY2022 earnings at $0.13 EPS, FY2023 earnings at $0.28 EPS, FY2024 earnings at $0.53 EPS and FY2025 earnings at $0.78 EPS.

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

A number of other equities research analysts also recently issued reports on IAS. Barclays reduced their price target on shares of Integral Ad Science from $17.00 to $12.00 in a research report on Thursday, May 12th. Morgan Stanley reduced their price target on shares of Integral Ad Science from $15.00 to $13.00 and set an “overweight” rating for the company in a research report on Friday, June 24th. Finally, Jefferies Financial Group reduced their price target on shares of Integral Ad Science from $18.00 to $15.00 in a research report on Thursday. One investment analyst has rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Integral Ad Science presently has a consensus rating of “Buy” and a consensus target price of $21.13.

Integral Ad Science Price Performance

Shares of NASDAQ:IAS opened at $9.02 on Thursday. 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 52 week low of $8.52 and a 52 week high of $29.68. The company has a 50-day moving average price of $10.36 and a 200 day moving average price of $13.30.

Hedge Funds Weigh In On Integral Ad Science

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Wellington Management Group LLP lifted its holdings in shares of Integral Ad Science by 15,557.5% during 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 lifted its holdings in 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 worth $54,956,000 after buying an additional 499,379 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Integral Ad Science by 7.2% in the 1st quarter. Vanguard Group Inc. now owns 2,055,145 shares of the company’s stock worth $28,361,000 after buying an additional 138,315 shares in the last quarter. BlackRock Inc. lifted its holdings in Integral Ad Science by 47.1% in the 1st quarter. BlackRock Inc. now owns 1,603,564 shares of the company’s stock worth $22,129,000 after buying an additional 513,654 shares in the last quarter. Finally, Frontier Capital Management Co. LLC lifted its holdings in 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 worth $14,532,000 after buying 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.