Brokerages Set Integral Ad Science Holding Corp. (NASDAQ:IAS) Target Price at $15.06

Integral Ad Science Holding Corp. (NASDAQ:IAS) has been assigned a consensus rating of “Moderate Buy” from the nine research firms that are currently covering the company, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $15.06.

IAS has been the subject of a number of recent analyst reports. Scotiabank began coverage on Integral Ad Science in a research note on Friday, February 28th. They set a “sector perform” rating and a $12.00 price objective for the company. Oppenheimer reiterated an “outperform” rating on shares of Integral Ad Science in a research note on Friday, February 28th. Benchmark restated a “hold” rating on shares of Integral Ad Science in a research note on Friday, February 28th. Morgan Stanley reiterated a “mixed” rating on shares of Integral Ad Science in a research note on Monday, March 3rd. Finally, Truist Financial raised their price objective on shares of Integral Ad Science from $16.00 to $17.00 and gave the stock a “buy” rating in a report on Monday, March 3rd.

Integral Ad Science Stock Up 2.2 %

Shares of IAS opened at $9.10 on Tuesday. Integral Ad Science has a fifty-two week low of $7.98 and a fifty-two week high of $13.62. The company’s fifty day moving average is $10.11 and its two-hundred day moving average is $10.61. The firm has a market cap of $1.49 billion, a PE ratio of 45.50, a price-to-earnings-growth ratio of 1.06 and a beta of 1.45. 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 announced its quarterly earnings results on Friday, February 28th. The company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.03). Integral Ad Science had a net margin of 6.39% and a return on equity of 3.47%. The business had revenue of $153.00 million for the quarter, compared to analyst estimates of $148.83 million. During the same period last year, the firm earned $0.06 earnings per share. The company’s quarterly revenue was up 13.9% on a year-over-year basis. Analysts forecast that Integral Ad Science will post 0.26 earnings per share for the current year.

Insider Activity at Integral Ad Science

In other Integral Ad Science news, CEO Lisa Utzschneider sold 12,448 shares of the firm’s stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $10.61, for a total value of $132,073.28. Following the sale, the chief executive officer now owns 278,650 shares of the company’s stock, valued at $2,956,476.50. This trade represents a 4.28 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. In the last ninety days, insiders have sold 19,109 shares of company stock valued at $197,696. Corporate insiders own 2.00% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of IAS. Oppenheimer & Co. Inc. acquired a new position in shares of Integral Ad Science in the 3rd quarter worth approximately $281,000. Quest Partners LLC increased its stake in shares of Integral Ad Science by 101,255.9% in the third quarter. Quest Partners LLC now owns 34,461 shares of the company’s stock valued at $373,000 after buying an additional 34,427 shares in the last quarter. Jennison Associates LLC bought a new position in shares of Integral Ad Science in the third quarter valued at about $665,000. Intech Investment Management LLC acquired a new position in Integral Ad Science during the 3rd quarter worth about $199,000. Finally, Charles Schwab Investment Management Inc. grew its holdings in Integral Ad Science by 7.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 595,907 shares of the company’s stock worth $6,442,000 after acquiring an additional 41,528 shares during the last quarter. 95.78% of the stock is owned by institutional investors.

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.