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

Key Points

• Barclays has raised its price target for Integral Ad Science from $9.00 to $10.00, indicating an expected potential upside of 11.72% from the current price.
• Integral Ad Science's consensus rating stands at "Hold" with an average price target of $13.75, showing mixed reviews from various analysts.
• Recent trading data shows Integral Ad Science's stock price at $8.95, with a significant trading volume of 522,243 shares on Friday.

Integral Ad Science (NASDAQ:IAS - Free Report) had its price objective boosted by Barclays from $9.00 to $10.00 in a research report released on Friday morning,Benzinga reports. They currently have an equal weight rating on the stock.

A number of other equities research analysts have also weighed in on IAS. Stifel Nicolaus boosted their target price on shares of Integral Ad Science from $13.00 to $14.00 and gave the company a "buy" rating in a research note on Tuesday, July 22nd. Morgan Stanley decreased their target price 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. Raymond James Financial upped their price objective on Integral Ad Science from $11.00 to $13.00 and gave the stock an "outperform" rating in a research note on Tuesday, May 13th. Finally, Wall Street Zen lowered Integral Ad Science from a "buy" rating to a "hold" rating in a research note on Saturday, August 2nd. Seven 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, the stock currently has a consensus rating of "Hold" and a consensus price target of $13.55.

Integral Ad Science Stock Up 12.8%

Shares of IAS traded up $1.02 during mid-day trading on Friday, reaching $8.98. The company had a trading volume of 2,434,904 shares, compared to its average volume of 770,781. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.01 and a current ratio of 4.01. The firm has a 50-day moving average price of $8.21 and a 200 day moving average price of $8.52. Integral Ad Science has a 52 week low of $6.26 and a 52 week high of $13.62. The company has a market capitalization of $1.48 billion, a price-to-earnings ratio of 26.41, a price-to-earnings-growth ratio of 1.53 and a beta of 1.57.

Integral Ad Science (NASDAQ:IAS - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The company reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.03. The business had revenue of $149.20 million for the quarter, compared to analysts' expectations of $143.02 million. Integral Ad Science had a return on equity of 5.08% and a net margin of 9.79%. On average, sell-side analysts forecast that Integral Ad Science will post 0.26 EPS for the current year.

Insider Activity at Integral Ad Science

In other news, CEO Lisa Utzschneider sold 14,904 shares of the firm'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 transaction, the chief executive officer directly owned 379,316 shares of the company's stock, valued at approximately $3,152,115.96. This trade represents a 3.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders have sold 25,151 shares of company stock worth $209,075 over the last 90 days. Company insiders own 2.00% of the company's stock.

Hedge Funds Weigh In On Integral Ad Science

Institutional investors have recently bought and sold shares of the business. Teacher Retirement System of Texas boosted its stake in Integral Ad Science by 14.6% in the second quarter. Teacher Retirement System of Texas now owns 13,625 shares of the company's stock valued at $113,000 after acquiring an additional 1,739 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Integral Ad Science by 4.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 43,326 shares of the company's stock worth $349,000 after acquiring an additional 1,807 shares during the period. Envestnet Asset Management Inc. lifted its position in Integral Ad Science by 7.4% during the 4th quarter. Envestnet Asset Management Inc. now owns 31,807 shares of the company's stock worth $332,000 after acquiring an additional 2,188 shares during the period. GAMMA Investing LLC grew its stake in Integral Ad Science by 547.1% during the 1st quarter. GAMMA Investing LLC now owns 3,313 shares of the company's stock valued at $270,000 after purchasing an additional 2,801 shares during the last quarter. Finally, Renaissance Technologies LLC increased its holdings in shares of Integral Ad Science by 1.7% in the fourth quarter. Renaissance Technologies LLC now owns 207,600 shares of the company's stock valued at $2,167,000 after purchasing an additional 3,400 shares during the period. 95.78% of the stock is 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.