Integral Ad Science (NASDAQ:IAS) Downgraded to “Hold” Rating by Baird R W

Baird R W lowered shares of Integral Ad Science (NASDAQ:IAS) from a strong-buy rating to a hold rating in a research note released on Friday,Zacks.com reports.

Other equities analysts have also recently issued reports about the stock. Scotiabank assumed coverage on shares of Integral Ad Science in a research note on Friday, February 28th. They set a “sector perform” rating and a $12.00 price target for the company. Morgan Stanley reissued a “mixed” rating on shares of Integral Ad Science in a research note on Monday, March 3rd. Benchmark reaffirmed a “hold” rating on shares of Integral Ad Science in a research report on Friday, February 28th. Barclays reissued an “equal weight” rating on shares of Integral Ad Science in a research note on Friday, February 28th. Finally, Robert W. Baird reaffirmed a “neutral” rating and issued a $9.00 price target (down previously from $16.00) on shares of Integral Ad Science in a research note on Friday. Five research analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $14.45.

Integral Ad Science Stock Down 4.6 %

Shares of IAS stock opened at $8.24 on Friday. The stock has a market cap of $1.35 billion, a P/E ratio of 41.20, a PEG ratio of 1.06 and a beta of 1.45. The company’s fifty day simple moving average is $10.01 and its two-hundred day simple moving average is $10.55. The company has a quick ratio of 3.71, a current ratio of 3.71 and a debt-to-equity ratio of 0.07. Integral Ad Science has a 52 week low of $7.98 and a 52 week high of $13.62.

Integral Ad Science (NASDAQ:IAS) last released 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). Integral Ad Science had a return on equity of 3.47% and a net margin of 6.39%. The firm had revenue of $153.00 million during the quarter, compared to the consensus estimate of $148.83 million. During the same period in the previous year, the firm earned $0.06 EPS. The business’s revenue was up 13.9% compared to the same quarter last year. Analysts predict that Integral Ad Science will post 0.26 EPS for the current fiscal year.

Insider Activity at Integral Ad Science

In related news, CEO Lisa Utzschneider sold 5,940 shares of Integral Ad Science stock in a transaction that occurred on Tuesday, January 7th. The stock was sold at an average price of $9.75, for a total transaction of $57,915.00. Following the completion of the transaction, the chief executive officer now directly owns 266,926 shares in the company, valued at approximately $2,602,528.50. This trade represents a 2.18 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have sold a total of 19,109 shares of company stock worth $197,696 over the last quarter. Insiders own 2.00% of the company’s stock.

Hedge Funds Weigh In On Integral Ad Science

A number of hedge funds have recently bought and sold shares of IAS. Barclays PLC increased its holdings in Integral Ad Science by 207.1% in the 3rd quarter. Barclays PLC now owns 127,733 shares of the company’s stock worth $1,380,000 after acquiring an additional 86,133 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in Integral Ad Science by 47.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 717,528 shares of the company’s stock valued at $7,756,000 after buying an additional 231,271 shares in the last quarter. Repertoire Partners LP acquired a new position in shares of Integral Ad Science during the third quarter valued at approximately $1,676,000. Janus Henderson Group PLC lifted its position in shares of Integral Ad Science by 65.9% in the third quarter. Janus Henderson Group PLC now owns 359,370 shares of the company’s stock valued at $3,884,000 after acquiring an additional 142,741 shares in the last quarter. Finally, Franklin Resources Inc. boosted its stake in shares of Integral Ad Science by 12.9% in the third quarter. Franklin Resources Inc. now owns 110,449 shares of the company’s stock worth $1,191,000 after acquiring an additional 12,647 shares during the last quarter. Hedge funds and other 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.