Integral Ad Science Holding Corp. (NASDAQ:IAS) Receives $14.80 Consensus Target Price from Analysts

Shares of Integral Ad Science Holding Corp. (NASDAQ:IAS) have been given an average rating of “Moderate Buy” by the eleven analysts that are presently covering the stock, MarketBeat reports. Four investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $14.80.

Several equities analysts recently commented on IAS shares. Truist Financial cut their price target on shares of Integral Ad Science from $18.00 to $16.00 and set a “buy” rating on the stock in a report on Wednesday, November 13th. Scotiabank began coverage on Integral Ad Science in a report on Thursday, December 5th. They issued a “sector perform” rating and a $10.00 price target on the stock. Piper Sandler dropped their price objective on Integral Ad Science from $18.00 to $16.00 and set an “overweight” rating for the company in a report on Wednesday, November 13th. Oppenheimer cut their price objective on Integral Ad Science from $20.00 to $18.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 13th. Finally, Craig Hallum 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 report on Wednesday, November 13th.

Insiders Place Their Bets

In other Integral Ad Science news, CEO Lisa Utzschneider sold 5,940 shares of Integral Ad Science 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 in the company, valued at $2,602,528.50. The trade was a 2.18 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 2.00% of the stock is owned by company insiders.

Institutional Trading of Integral Ad Science

Institutional investors have recently modified their holdings of the company. TimesSquare Capital Management LLC raised its stake in shares of Integral Ad Science by 0.6% during the 3rd quarter. TimesSquare Capital Management LLC now owns 2,772,440 shares of the company’s stock worth $29,970,000 after acquiring an additional 17,166 shares in the last quarter. abrdn plc increased its position in shares of Integral Ad Science by 12.5% during the third quarter. abrdn plc now owns 2,147,656 shares of the company’s stock worth $23,216,000 after purchasing an additional 237,930 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Integral Ad Science by 6.4% during the 3rd quarter. Geode Capital Management LLC now owns 1,834,659 shares of the company’s stock valued at $19,836,000 after purchasing an additional 110,149 shares during the last quarter. Millennium Management LLC boosted its position in shares of Integral Ad Science by 10.8% in the 2nd quarter. Millennium Management LLC now owns 1,224,138 shares of the company’s stock worth $11,899,000 after purchasing an additional 119,740 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its stake in Integral Ad Science by 47.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 717,528 shares of the company’s stock worth $7,756,000 after buying an additional 231,271 shares during the last quarter. 95.78% of the stock is currently owned by institutional investors.

Integral Ad Science Price Performance

NASDAQ:IAS opened at $10.46 on Monday. The firm has a market capitalization of $1.70 billion, a price-to-earnings ratio of 52.30, a PEG ratio of 1.03 and a beta of 1.46. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.71 and a quick ratio of 3.71. The business has a 50 day simple moving average of $10.51 and a 200-day simple moving average of $10.83. Integral Ad Science has a 1 year low of $7.98 and a 1 year high of $17.53.

Integral Ad Science (NASDAQ:IAS) last issued its quarterly earnings results on Tuesday, November 12th. The company reported $0.10 earnings per share (EPS) for the quarter, topping 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 the consensus estimate of $138.06 million. During the same period last year, the company earned ($0.09) earnings per share. Integral Ad Science’s revenue was up 11.0% on a year-over-year basis. Equities analysts forecast that Integral Ad Science will post 0.26 EPS for the current 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.