Integral Ad Science (NASDAQ:IAS) Earns “Hold” Rating from Benchmark

Integral Ad Science (NASDAQ:IAS)‘s stock had its “hold” rating restated by equities research analysts at Benchmark in a research note issued to investors on Tuesday, Benzinga reports.

Other analysts have also issued reports about the stock. Morgan Stanley reiterated an “equal weight” rating and set a $12.00 target price (down from $18.00) on shares of Integral Ad Science in a research report on Tuesday, April 16th. Loop Capital assumed coverage on Integral Ad Science in a research note on Tuesday, April 30th. They issued a “buy” rating and a $15.00 price objective on the stock. Barclays dropped their target price on Integral Ad Science from $16.00 to $12.00 and set an “equal weight” rating for the company in a report on Monday, April 15th. Oppenheimer lowered their price target on Integral Ad Science from $25.00 to $20.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 28th. Finally, Piper Sandler cut their price objective on Integral Ad Science from $20.00 to $18.00 and set an “overweight” rating for the company in a report on Wednesday, February 28th. Three equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $17.38.

Integral Ad Science Trading Up 0.2 %

Shares of IAS opened at $9.97 on Tuesday. The stock’s 50-day moving average price is $9.98 and its 200 day moving average price is $12.86. The company has a quick ratio of 3.21, a current ratio of 3.21 and a debt-to-equity ratio of 0.17. The firm has a market capitalization of $1.59 billion, a price-to-earnings ratio of 249.31, a P/E/G ratio of 1.72 and a beta of 1.58. Integral Ad Science has a 12-month low of $8.92 and a 12-month high of $20.88.

Integral Ad Science (NASDAQ:IAS) last released its quarterly earnings data on Tuesday, February 27th. The company reported $0.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.03. The business had revenue of $134.30 million for the quarter, compared to analysts’ expectations of $131.27 million. Integral Ad Science had a return on equity of 0.83% and a net margin of 1.53%. Integral Ad Science’s quarterly revenue was up 14.4% on a year-over-year basis. During the same period in the previous year, the business posted $0.07 earnings per share. As a group, research analysts predict that Integral Ad Science will post 0.16 earnings per share for the current year.

Insiders Place Their Bets

In other Integral Ad Science news, CFO Tania Secor sold 6,570 shares of the stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $9.71, for a total value of $63,794.70. Following the sale, the chief financial officer now directly owns 230,888 shares in the company, valued at $2,241,922.48. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, CFO Tania Secor sold 6,570 shares of the company’s stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $9.71, for a total value of $63,794.70. Following the completion of the transaction, the chief financial officer now directly owns 230,888 shares of the company’s stock, valued at approximately $2,241,922.48. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Lisa Utzschneider sold 30,407 shares of Integral Ad Science stock in a transaction that occurred on Monday, April 8th. The shares were sold at an average price of $10.05, for a total value of $305,590.35. Following the completion of the sale, the chief executive officer now directly owns 188,678 shares in the company, valued at approximately $1,896,213.90. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 67,082 shares of company stock worth $669,508. Insiders own 2.00% of the company’s stock.

Hedge Funds Weigh In On Integral Ad Science

Several hedge funds have recently modified their holdings of IAS. Skandinaviska Enskilda Banken AB publ bought a new stake in shares of Integral Ad Science in the 3rd quarter valued at about $58,000. DekaBank Deutsche Girozentrale bought a new stake in Integral Ad Science in the third quarter valued at approximately $62,000. Amalgamated Bank lifted its position in shares of Integral Ad Science by 19.9% in the third quarter. Amalgamated Bank now owns 6,951 shares of the company’s stock valued at $83,000 after buying an additional 1,156 shares during the last quarter. Sherbrooke Park Advisers LLC bought a new position in shares of Integral Ad Science during the 3rd quarter worth approximately $140,000. Finally, L2 Asset Management LLC acquired a new position in shares of Integral Ad Science during the 3rd quarter worth approximately $142,000. Institutional investors 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.