Integral Ad Science (NASDAQ:IAS) Shares Gap Up to $11.61

Shares of Integral Ad Science Holding Corp. (NASDAQ:IASGet Rating) gapped up before the market opened on Friday . The stock had previously closed at $11.61, but opened at $12.26. Integral Ad Science shares last traded at $12.57, with a volume of 3,304 shares.

A number of research firms have commented on IAS. Zacks Investment Research raised Integral Ad Science from a “sell” rating to a “hold” rating in a research report on Tuesday, May 10th. Raymond James upgraded Integral Ad Science from an “outperform” rating to a “strong-buy” rating and upped their price target for the stock from $26.00 to $27.00 in a research note on Monday, March 21st. Oppenheimer cut their price target on Integral Ad Science from $24.00 to $19.00 in a research note on Thursday, May 12th. Stifel Nicolaus upped their price target on Integral Ad Science from $25.00 to $26.00 and gave the stock a “buy” rating in a research note on Friday, March 4th. Finally, Barclays cut their price target on Integral Ad Science from $17.00 to $12.00 in a research note on Thursday, May 12th. Two research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $24.20.

The stock has a market cap of $1.96 billion and a price-to-earnings ratio of -36.91. The company has a current ratio of 3.37, a quick ratio of 3.37 and a debt-to-equity ratio of 0.31. The firm’s 50-day moving average is $13.02 and its two-hundred day moving average is $17.31.

Integral Ad Science (NASDAQ:IASGet Rating) last posted its quarterly earnings results on Wednesday, May 11th. The company reported $0.01 earnings per share for the quarter, beating the consensus estimate of ($0.04) by $0.05. Integral Ad Science had a negative net margin of 14.03% and a negative return on equity of 5.60%. On average, analysts predict that Integral Ad Science Holding Corp. will post 0.13 earnings per share for the current year.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Royal Bank of Canada purchased a new position in shares of Integral Ad Science in the 3rd quarter valued at $31,000. Ameritas Investment Partners Inc. grew its position in shares of Integral Ad Science by 92.1% in the 1st quarter. Ameritas Investment Partners Inc. now owns 2,499 shares of the company’s stock valued at $34,000 after buying an additional 1,198 shares during the last quarter. Citigroup Inc. purchased a new position in shares of Integral Ad Science in the 3rd quarter valued at $40,000. Strs Ohio grew its position in shares of Integral Ad Science by 33.3% in the 1st quarter. Strs Ohio now owns 5,200 shares of the company’s stock valued at $71,000 after buying an additional 1,300 shares during the last quarter. Finally, Richelieu Gestion PLC purchased a new position in shares of Integral Ad Science in the 1st quarter valued at $93,000.

About Integral Ad Science (NASDAQ:IAS)

Integral Ad Science Holding Corp. operates as a digital advertising verification company in the United States, the United Kingdom, Germany, Italy, Spain, Sweden, Singapore, Australia, France, Japan, Canada, India, and Brazil. The company provides IAS Signal, a cloud-based technology platform that offers actionable insights; and deliver independent measurement and verification of digital advertising across devices, channels, and formats, including desktop, mobile, connected TV, social, display, and video.

Further Reading

Receive News & Ratings for Integral Ad Science Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Integral Ad Science and related companies with MarketBeat.com's FREE daily email newsletter.