Stifel Nicolaus Forecasts Strong Price Appreciation for Integral Ad Science (NASDAQ:IAS) Stock

Integral Ad Science (NASDAQ:IAS - Free Report) had its price objective boosted by Stifel Nicolaus from $13.00 to $14.00 in a report released on Tuesday morning,Benzinga reports. The brokerage currently has a buy rating on the stock.

Several other research firms have also recently commented on IAS. Barclays raised their price target on Integral Ad Science from $7.00 to $9.00 and gave the company an "equal weight" rating in a report on Tuesday, May 13th. Raymond James Financial raised their target price on Integral Ad Science from $11.00 to $13.00 and gave the company an "outperform" rating in a report on Tuesday, May 13th. Robert W. Baird reaffirmed a "neutral" rating and set a $9.00 price target (down from $16.00) on shares of Integral Ad Science in a research note on Friday, March 28th. Morgan Stanley reduced their price objective on shares of Integral Ad Science from $13.50 to $12.50 and set an "equal weight" rating for the company in a research note on Thursday, April 17th. Finally, Baird R W lowered shares of Integral Ad Science from a "strong-buy" rating to a "hold" rating in a research report on Friday, March 28th. Six equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to data from MarketBeat, Integral Ad Science has an average rating of "Moderate Buy" and an average price target of $13.65.

Integral Ad Science Stock Up 1.4%

IAS stock traded up $0.12 during trading on Tuesday, hitting $8.43. 284,696 shares of the company's stock were exchanged, compared to its average volume of 1,034,038. The business has a 50-day moving average price of $8.16 and a two-hundred day moving average price of $8.67. The stock has a market capitalization of $1.39 billion, a price-to-earnings ratio of 29.07, a PEG ratio of 1.43 and a beta of 1.57. The company has a current ratio of 4.01, a quick ratio of 4.01 and a debt-to-equity ratio of 0.01. Integral Ad Science has a 52-week low of $6.26 and a 52-week high of $13.62.

Integral Ad Science (NASDAQ:IAS - Get Free Report) last posted its quarterly earnings data on Monday, May 12th. The company reported $0.05 earnings per share for the quarter, topping analysts' consensus estimates of $0.03 by $0.02. The company had revenue of $134.07 million during the quarter, compared to analysts' expectations of $129.20 million. Integral Ad Science had a return on equity of 4.74% and a net margin of 8.56%. As a group, equities research analysts expect that Integral Ad Science will post 0.26 EPS for the current year.

Insider Buying and Selling

In related news, CEO Lisa Utzschneider sold 14,904 shares of the company's stock in a transaction that occurred on Tuesday, July 8th. The shares were sold at an average price of $8.31, for a total transaction of $123,852.24. Following the completion of the transaction, the chief executive officer owned 379,316 shares of the company's stock, valued at approximately $3,152,115.96. This represents a 3.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders sold 33,518 shares of company stock valued at $270,739 in the last ninety days. Corporate insiders own 2.00% of the company's stock.

Hedge Funds Weigh In On Integral Ad Science

Large investors have recently modified their holdings of the company. DekaBank Deutsche Girozentrale acquired a new position in Integral Ad Science during the first quarter valued at approximately $42,000. State of Wyoming purchased a new stake in Integral Ad Science during the 4th quarter worth $51,000. Alta Fox Capital Management LLC acquired a new stake in Integral Ad Science in the 4th quarter valued at $61,000. CWM LLC raised its position in Integral Ad Science by 1,248.1% in the second quarter. CWM LLC now owns 9,019 shares of the company's stock valued at $75,000 after purchasing an additional 8,350 shares during the period. Finally, Virtu Financial LLC acquired a new position in shares of Integral Ad Science during the first quarter worth about $87,000. 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.