Barclays Trims Integral Ad Science (NASDAQ:IAS) Target Price to $12.00

Integral Ad Science (NASDAQ:IASGet Free Report) had its price objective cut by stock analysts at Barclays from $16.00 to $12.00 in a report issued on Monday, Benzinga reports. The firm presently has an “equal weight” rating on the stock. Barclays‘s price objective would suggest a potential upside of 21.70% from the stock’s current price.

A number of other equities research analysts have also weighed in on the company. Truist Financial cut their price objective on Integral Ad Science from $26.00 to $17.00 and set a “buy” rating on the stock in a research report on Wednesday, February 28th. Bank of America initiated coverage on Integral Ad Science in a research report on Thursday, January 11th. They set a “buy” rating and a $19.00 price target on the stock. Piper Sandler dropped their price target on Integral Ad Science from $20.00 to $18.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 28th. Raymond James lowered Integral Ad Science from a “strong-buy” rating to an “outperform” rating and dropped their price target for the company from $20.00 to $16.00 in a research report on Wednesday, February 28th. Finally, Oppenheimer dropped 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. Two analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $17.96.

View Our Latest Stock Analysis on Integral Ad Science

Integral Ad Science Price Performance

Shares of Integral Ad Science stock opened at $9.86 on Monday. The stock has a market capitalization of $1.58 billion, a P/E ratio of 246.56, a price-to-earnings-growth ratio of 1.71 and a beta of 1.60. Integral Ad Science has a one year low of $9.10 and a one year high of $20.88. The business’s 50 day simple moving average is $11.94 and its two-hundred day simple moving average is $13.13. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.21 and a quick ratio of 3.21.

Integral Ad Science (NASDAQ:IASGet Free Report) last issued its quarterly earnings data on Tuesday, February 27th. The company reported $0.06 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.03. The firm had revenue of $134.30 million for the quarter, compared to analyst estimates of $131.27 million. Integral Ad Science had a return on equity of 0.83% and a net margin of 1.53%. The business’s quarterly revenue was up 14.4% compared to the same quarter last year. During the same period last year, the company earned $0.07 EPS. Analysts forecast that Integral Ad Science will post 0.16 EPS for the current year.

Insiders Place Their Bets

In other news, CEO Lisa Utzschneider sold 30,407 shares of the business’s stock in a transaction on Monday, April 8th. The stock was sold at an average price of $10.05, for a total value of $305,590.35. Following the completion of the transaction, the chief executive officer now owns 188,678 shares in the company, valued at $1,896,213.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CEO Lisa Utzschneider sold 30,407 shares of the business’s stock in a transaction on Monday, April 8th. The stock was sold at an average price of $10.05, for a total value of $305,590.35. Following the completion of the transaction, the chief executive officer now owns 188,678 shares in the company, valued at $1,896,213.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Tania Secor sold 6,570 shares of the business’s stock in a transaction on Wednesday, March 6th. The stock was 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 owns 230,888 shares of the company’s stock, valued at approximately $2,241,922.48. The disclosure for this sale can be found here. Over the last three months, insiders have sold 80,195 shares of company stock valued at $876,562. 2.00% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of IAS. Wellington Management Group LLP lifted its holdings in Integral Ad Science by 15,557.5% in the first quarter. Wellington Management Group LLP now owns 3,152,174 shares of the company’s stock valued at $43,500,000 after acquiring an additional 3,132,042 shares during the period. Goldman Sachs Group Inc. lifted its holdings in Integral Ad Science by 605.1% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,740,011 shares of the company’s stock valued at $39,429,000 after acquiring an additional 2,351,414 shares during the period. Vanguard Group Inc. lifted its holdings in Integral Ad Science by 77.2% in the third quarter. Vanguard Group Inc. now owns 4,752,765 shares of the company’s stock valued at $34,409,000 after acquiring an additional 2,070,907 shares during the period. abrdn plc bought a new position in Integral Ad Science in the fourth quarter valued at about $25,285,000. Finally, Alliancebernstein L.P. increased its position in Integral Ad Science by 1,825.9% in the second quarter. Alliancebernstein L.P. now owns 943,681 shares of the company’s stock worth $16,967,000 after buying an additional 894,681 shares in the last quarter. Institutional investors own 95.78% of the company’s stock.

Integral Ad Science Company Profile

(Get Free Report)

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.

Read More

Analyst Recommendations for Integral Ad Science (NASDAQ:IAS)

Receive News & Ratings for Integral Ad Science Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Integral Ad Science and related companies with MarketBeat.com's FREE daily email newsletter.