Integral Ad Science (NASDAQ:IAS) Reaches New 12-Month Low - Here's Why

Integral Ad Science Holding Corp. (NASDAQ:IAS - Get Free Report) shares hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $6.36 and last traded at $6.58, with a volume of 174 shares changing hands. The stock had previously closed at $6.56.

Analysts Set New Price Targets

IAS has been the subject of a number of recent research reports. Robert W. Baird restated a "neutral" rating and issued a $9.00 target price (down from $16.00) on shares of Integral Ad Science in a research note on Friday, March 28th. Benchmark restated a "hold" rating on shares of Integral Ad Science in a research note on Friday, February 28th. Scotiabank started coverage on shares of Integral Ad Science in a research report on Friday, February 28th. They set a "sector perform" rating and a $12.00 target price for the company. Barclays restated an "equal weight" rating on shares of Integral Ad Science in a research report on Friday, February 28th. Finally, Oppenheimer reiterated an "outperform" rating on shares of Integral Ad Science in a research note on Friday, February 28th. Six investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $14.35.

Integral Ad Science Stock Performance

The stock has a market cap of $1.07 billion, a price-to-earnings ratio of 32.60, a P/E/G ratio of 1.06 and a beta of 1.53. 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 firm has a fifty day simple moving average of $8.85 and a 200-day simple moving average of $10.09.

Integral Ad Science (NASDAQ:IAS - Get Free Report) last issued its quarterly earnings results on Friday, February 28th. The company reported $0.09 earnings per share (EPS) 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 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 company's revenue was up 13.9% compared to the same quarter last year. During the same period last year, the company earned $0.06 EPS. Analysts forecast that Integral Ad Science Holding Corp. will post 0.26 EPS for the current fiscal year.

Insider Activity

In related news, CEO Lisa Utzschneider sold 8,547 shares of Integral Ad Science stock in a transaction that occurred on Monday, April 7th. The shares were sold at an average price of $6.85, for a total transaction of $58,546.95. Following the transaction, the chief executive officer now owns 341,271 shares of the company's stock, valued at $2,337,706.35. This trade represents a 2.44 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold a total of 90,303 shares of company stock valued at $706,660 in the last 90 days. 2.00% of the stock is owned by company insiders.

Institutional Investors Weigh In On Integral Ad Science

Several hedge funds have recently bought and sold shares of the company. State of Wyoming acquired a new position in Integral Ad Science in the fourth quarter valued at about $51,000. Alta Fox Capital Management LLC acquired a new position in shares of Integral Ad Science during the fourth quarter worth approximately $61,000. BNP Paribas Financial Markets bought a new position in shares of Integral Ad Science in the 4th quarter worth $120,000. Sherbrooke Park Advisers LLC acquired a new stake in Integral Ad Science in the 4th quarter valued at $132,000. Finally, Public Employees Retirement System of Ohio bought a new stake in Integral Ad Science during the 3rd quarter valued at $138,000. 95.78% of the stock is currently owned by institutional investors and hedge funds.

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.