Integral Ad Science (NASDAQ:IAS) Price Target Raised to $13.50

Integral Ad Science (NASDAQ:IAS) had its target price lifted by Morgan Stanley from $13.00 to $13.50 in a research report sent to investors on Monday,Benzinga reports. Morgan Stanley currently has an equal weight rating on the stock.

Other equities analysts also recently issued research reports about the stock. Scotiabank assumed coverage on shares of Integral Ad Science in a research note on Friday, February 28th. They issued a “sector perform” rating and a $12.00 target price on the stock. Truist Financial raised their target price on shares of Integral Ad Science from $16.00 to $17.00 and gave the company a “buy” rating in a research note on Monday. Oppenheimer reissued an “outperform” rating on shares of Integral Ad Science in a research note on Friday, February 28th. Craig Hallum cut their target price on shares of Integral Ad Science from $18.00 to $16.00 and set a “buy” rating on the stock in a research note on Wednesday, November 13th. Finally, Benchmark reissued a “hold” rating on shares of Integral Ad Science in a research note on Friday, February 28th. Four equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, Integral Ad Science has an average rating of “Moderate Buy” and a consensus price target of $15.06.

Integral Ad Science Stock Down 1.8 %

Shares of NASDAQ IAS opened at $10.25 on Monday. The firm has a market cap of $1.67 billion, a P/E ratio of 51.25, a price-to-earnings-growth ratio of 1.06 and a beta of 1.46. The firm’s 50 day moving average price is $10.34 and its 200 day moving average price is $10.81. Integral Ad Science has a 1 year low of $7.98 and a 1 year high of $13.62. The company has a debt-to-equity ratio of 0.07, a quick ratio of 3.71 and a current ratio of 3.71.

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). The company had revenue of $153.00 million during the quarter, compared to analyst estimates of $148.83 million. Integral Ad Science had a net margin of 6.39% and a return on equity of 3.47%. The firm’s revenue for the quarter was up 13.9% compared to the same quarter last year. During the same quarter last year, the business earned $0.06 EPS. As a group, sell-side analysts anticipate that Integral Ad Science will post 0.26 earnings per share for the current year.

Insider Buying and Selling

In other news, CEO Lisa Utzschneider sold 12,448 shares of the company’s stock in a transaction dated Tuesday, February 4th. The shares were 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 in the company, valued at approximately $2,956,476.50. This represents a 4.28 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders have sold 19,109 shares of company stock valued at $197,696 in the last quarter. Company insiders own 2.00% of the company’s stock.

Institutional Investors Weigh In On Integral Ad Science

Institutional investors have recently modified their holdings of the business. Point72 DIFC Ltd bought a new stake in shares of Integral Ad Science during the 3rd quarter valued at about $41,000. State of Wyoming bought a new stake in shares of Integral Ad Science during the 4th quarter valued at about $51,000. Alta Fox Capital Management LLC bought a new stake in shares of Integral Ad Science during the 4th quarter valued at about $61,000. Quantbot Technologies LP bought a new stake in shares of Integral Ad Science during the 3rd quarter valued at about $106,000. Finally, BNP Paribas Financial Markets bought a new stake in shares of Integral Ad Science during the 4th quarter valued at about $120,000. 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.