Integral Ad Science (NASDAQ:IAS) Sets New 1-Year Low - What's Next?

Shares of Integral Ad Science Holding Corp. (NASDAQ:IAS - Get Free Report) reached a new 52-week low during trading on Monday . The company traded as low as $6.80 and last traded at $7.00, with a volume of 895 shares trading hands. The stock had previously closed at $7.04.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Scotiabank started coverage on shares of Integral Ad Science in a research report on Friday, February 28th. They issued a "sector perform" rating and a $12.00 target price for the company. Oppenheimer restated an "outperform" rating on shares of Integral Ad Science in a research report on Friday, February 28th. Truist Financial raised 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 reissued a "mixed" rating on shares of Integral Ad Science in a report on Monday, March 3rd. Finally, Barclays reaffirmed an "equal weight" rating on shares of Integral Ad Science in a research note on Friday, February 28th. Five 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, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $14.45.

Integral Ad Science Price Performance

The stock has a market cap of $1.10 billion, a PE ratio of 33.65, a P/E/G ratio of 1.06 and a beta of 1.53. The company has a debt-to-equity ratio of 0.07, a quick ratio of 3.71 and a current ratio of 3.71. The business has a 50 day moving average price of $9.27 and a two-hundred day moving average price of $10.24.

Integral Ad Science (NASDAQ:IAS - Get Free Report) last announced its quarterly earnings data on Friday, February 28th. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.12 by ($0.03). The business had revenue of $153.00 million during the quarter, compared to the consensus estimate 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 company earned $0.06 EPS. Research analysts expect that Integral Ad Science Holding Corp. will post 0.26 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CEO Lisa Utzschneider sold 68,671 shares of the company's stock in a transaction on Thursday, April 3rd. The stock was sold at an average price of $7.44, for a total transaction of $510,912.24. Following the transaction, the chief executive officer now owns 334,051 shares of the company's stock, valued at $2,485,339.44. This represents a 17.05 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Over the last 90 days, insiders sold 90,303 shares of company stock worth $706,660. Insiders own 2.00% of the company's stock.

Institutional Trading of Integral Ad Science

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

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.