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

Integral Ad Science (NASDAQ:IAS) is scheduled to be issuing its quarterly earnings data after the market closes on Thursday, August 1st. Analysts expect the company to announce earnings of $0.03 per share for the quarter. Integral Ad Science has set its FY 2024 guidance at EPS and its Q2 2024 guidance at EPS.Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Integral Ad Science (NASDAQ:IAS) last posted its quarterly earnings data on Thursday, May 9th. The company reported ($0.01) EPS for the quarter, hitting analysts’ consensus estimates of ($0.01). Integral Ad Science had a return on equity of 0.32% and a net margin of 0.59%. The company had revenue of $114.50 million for the quarter, compared to the consensus estimate of $112.12 million. During the same quarter in the previous year, the business earned $0.02 EPS. The company’s quarterly revenue was up 7.9% compared to the same quarter last year. 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 Trading Up 1.2 %

Shares of IAS stock opened at $10.76 on Wednesday. The company has a quick ratio of 4.32, a current ratio of 4.32 and a debt-to-equity ratio of 0.13. The stock has a 50-day simple moving average of $9.78 and a 200 day simple moving average of $11.06. Integral Ad Science has a fifty-two week low of $7.98 and a fifty-two week high of $20.88. The stock has a market capitalization of $1.73 billion, a P/E ratio of 1,077.08, a P/E/G ratio of 1.84 and a beta of 1.54.

Insider Buying and Selling

In other news, CFO Tania Secor sold 4,564 shares of the company’s stock in a transaction on Monday, July 8th. The shares were sold at an average price of $9.68, for a total value of $44,179.52. Following the transaction, the chief financial officer now directly owns 243,101 shares of the company’s stock, valued at $2,353,217.68. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other Integral Ad Science news, CEO Lisa Utzschneider sold 8,044 shares of the business’s stock in a transaction that occurred on Monday, May 6th. The shares were sold at an average price of $9.97, for a total value of $80,198.68. Following the completion of the sale, the chief executive officer now directly owns 203,139 shares of the company’s stock, valued at $2,025,295.83. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Tania Secor sold 4,564 shares of the stock in a transaction on Monday, July 8th. The stock was sold at an average price of $9.68, for a total transaction of $44,179.52. Following the transaction, the chief financial officer now owns 243,101 shares in the company, valued at approximately $2,353,217.68. The disclosure for this sale can be found here. Over the last three months, insiders sold 22,478 shares of company stock worth $218,311. 2.00% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on IAS shares. Raymond James lowered their price objective on shares of Integral Ad Science from $16.00 to $13.00 and set an “outperform” rating on the stock in a research note on Friday, May 10th. Barclays cut their price objective on Integral Ad Science from $16.00 to $12.00 and set an “equal weight” rating for the company in a research report on Monday, April 15th. Loop Capital started 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. Morgan Stanley increased their price target on Integral Ad Science from $12.00 to $13.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 23rd. Finally, Benchmark restated a “hold” rating on shares of Integral Ad Science in a report on Tuesday, May 7th. Three analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $16.33.

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.