Integral Ad Science Holding Corp. (NASDAQ:IAS) Receives $15.18 Average Price Target from Analysts

Shares of Integral Ad Science Holding Corp. (NASDAQ:IAS) have earned an average recommendation of “Moderate Buy” from the twelve analysts that are presently covering the stock, Marketbeat.com reports. Four investment analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $15.18.

Several equities analysts have recently issued reports on the company. Scotiabank assumed coverage on Integral Ad Science in a research note on Thursday, December 5th. They issued a “sector perform” rating and a $10.00 price objective for the company. Craig Hallum decreased their price objective on Integral Ad Science from $18.00 to $16.00 and set a “buy” rating for the company in a research note on Wednesday, November 13th. Oppenheimer decreased their price objective on Integral Ad Science from $20.00 to $18.00 and set an “outperform” rating for the company in a research note on Wednesday, November 13th. Truist Financial decreased their target price on Integral Ad Science from $18.00 to $16.00 and set a “buy” rating for the company in a research note on Wednesday, November 13th. Finally, Benchmark restated a “hold” rating on shares of Integral Ad Science in a research note on Thursday, November 14th.

Integral Ad Science Stock Down 6.9 %

Shares of NASDAQ:IAS opened at $9.97 on Thursday. The business has a 50-day moving average price of $11.05 and a 200 day moving average price of $10.79. Integral Ad Science has a 12-month low of $7.98 and a 12-month high of $17.53. The company has a market capitalization of $1.62 billion, a price-to-earnings ratio of 49.85, a PEG ratio of 1.46 and a beta of 1.46. The company has a current ratio of 3.71, a quick ratio of 3.71 and a debt-to-equity ratio of 0.07.

Integral Ad Science (NASDAQ:IAS) last announced its earnings results on Tuesday, November 12th. The company reported $0.10 EPS for the quarter, beating analysts’ consensus estimates of $0.08 by $0.02. Integral Ad Science had a return on equity of 3.47% and a net margin of 6.39%. The company had revenue of $133.50 million during the quarter, compared to analysts’ expectations of $138.06 million. During the same period last year, the business posted ($0.09) EPS. Integral Ad Science’s revenue for the quarter was up 11.0% on a year-over-year basis. Sell-side analysts expect that Integral Ad Science will post 0.26 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of IAS. Bank of New York Mellon Corp boosted its position in Integral Ad Science by 30.3% during the second quarter. Bank of New York Mellon Corp now owns 274,734 shares of the company’s stock worth $2,670,000 after purchasing an additional 63,839 shares in the last quarter. Principal Financial Group Inc. boosted its position in Integral Ad Science by 9.3% during the second quarter. Principal Financial Group Inc. now owns 61,108 shares of the company’s stock worth $594,000 after purchasing an additional 5,189 shares in the last quarter. Versor Investments LP purchased a new stake in Integral Ad Science during the second quarter worth $262,000. Rhumbline Advisers boosted its position in Integral Ad Science by 41.2% during the second quarter. Rhumbline Advisers now owns 106,697 shares of the company’s stock worth $1,037,000 after purchasing an additional 31,145 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its position in Integral Ad Science by 80.8% during the second quarter. Victory Capital Management Inc. now owns 49,601 shares of the company’s stock worth $482,000 after purchasing an additional 22,160 shares in the last quarter. Institutional investors and hedge funds own 95.78% of the company’s stock.

Integral Ad Science Company Profile

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.