Integral Ad Science (NASDAQ:IAS) Earns “Neutral” Rating from Robert W. Baird

Integral Ad Science (NASDAQ:IAS)‘s stock had its “neutral” rating reissued by Robert W. Baird in a note issued to investors on Friday,Benzinga reports. They presently have a $9.00 price target on the stock, down from their previous price target of $16.00. Robert W. Baird’s price target suggests a potential upside of 4.17% from the stock’s previous close.

A number of other research analysts have also weighed in on the company. Truist Financial lifted their target price on Integral Ad Science from $16.00 to $17.00 and gave the company a “buy” rating in a report on Monday, March 3rd. Morgan Stanley reaffirmed a “mixed” rating on shares of Integral Ad Science in a research note on Monday, March 3rd. Scotiabank initiated 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. Oppenheimer restated an “outperform” rating on shares of Integral Ad Science in a research report on Friday, February 28th. Finally, Barclays reaffirmed an “equal weight” rating on shares of Integral Ad Science in a report on Friday, February 28th. Four analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, Integral Ad Science presently has an average rating of “Moderate Buy” and a consensus target price of $14.45.

Integral Ad Science Price Performance

Shares of NASDAQ IAS opened at $8.64 on Friday. The company has a current ratio of 3.71, a quick ratio of 3.71 and a debt-to-equity ratio of 0.07. The stock has a fifty day simple moving average of $10.05 and a two-hundred day simple moving average of $10.57. Integral Ad Science has a 1-year low of $7.98 and a 1-year high of $13.62. The firm has a market cap of $1.42 billion, a price-to-earnings ratio of 43.20, a price-to-earnings-growth ratio of 1.06 and a beta of 1.45.

Integral Ad Science (NASDAQ:IAS) last posted its quarterly earnings results on Friday, February 28th. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.03). The firm had revenue of $153.00 million for the quarter, compared to the consensus estimate of $148.83 million. Integral Ad Science had a return on equity of 3.47% and a net margin of 6.39%. The firm’s revenue was up 13.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.06 EPS. Analysts anticipate that Integral Ad Science will post 0.26 earnings per share for the current year.

Insider Buying and Selling

In other Integral Ad Science news, CEO Lisa Utzschneider sold 12,448 shares of the business’s stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $10.61, for a total value of $132,073.28. Following the completion of the sale, the chief executive officer now directly owns 278,650 shares of the company’s stock, valued at $2,956,476.50. The trade was a 4.28 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders sold 19,109 shares of company stock worth $197,696 in the last quarter. 2.00% of the stock is owned by insiders.

Institutional Investors Weigh In On Integral Ad Science

Hedge funds and other institutional investors have recently modified their holdings of the stock. California State Teachers Retirement System lifted its position in Integral Ad Science by 9.6% in the fourth quarter. California State Teachers Retirement System now owns 74,874 shares of the company’s stock valued at $782,000 after purchasing an additional 6,564 shares during the last quarter. Repertoire Partners LP boosted its position in Integral Ad Science by 83.7% during the 4th quarter. Repertoire Partners LP now owns 284,707 shares of the company’s stock valued at $2,972,000 after buying an additional 129,707 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Integral Ad Science by 42.7% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 155,010 shares of the company’s stock worth $1,618,000 after acquiring an additional 46,395 shares during the last quarter. State of Wyoming purchased a new position in shares of Integral Ad Science in the fourth quarter valued at about $51,000. Finally, Sherbrooke Park Advisers LLC bought a new position in shares of Integral Ad Science during the fourth quarter valued at about $132,000. 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.