Integral Ad Science (IAS) to Release Earnings on Thursday

Integral Ad Science (NASDAQ:IAS) is set to announce its earnings results after the market closes on Thursday, May 9th. Analysts expect the company to announce earnings of ($0.02) per share for the quarter. Integral Ad Science has set its FY 2024 guidance at EPS and its Q1 2024 guidance at EPS.Investors that are interested in participating in the company’s conference call can do so using this link.

Integral Ad Science (NASDAQ:IAS) last announced its quarterly earnings data on Tuesday, February 27th. The company reported $0.06 earnings per share for the quarter, beating analysts’ consensus estimates of $0.03 by $0.03. The company had revenue of $134.30 million for the quarter, compared to analyst estimates of $131.27 million. Integral Ad Science had a return on equity of 0.83% and a net margin of 1.53%. The firm’s revenue for the quarter was up 14.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.07 EPS. On average, analysts expect Integral Ad Science to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Integral Ad Science Trading Up 0.2 %

Shares of IAS stock opened at $9.97 on Tuesday. The stock’s fifty day moving average is $9.98 and its two-hundred day moving average is $12.86. The company has a debt-to-equity ratio of 0.17, a quick ratio of 3.21 and a current ratio of 3.21. The firm has a market capitalization of $1.59 billion, a P/E ratio of 249.25, a PEG ratio of 1.72 and a beta of 1.58. Integral Ad Science has a fifty-two week low of $8.92 and a fifty-two week high of $20.88.

Insider Buying and Selling

In related news, CEO Lisa Utzschneider sold 30,407 shares of the business’s stock in a transaction that occurred on Monday, April 8th. The stock was sold at an average price of $10.05, for a total transaction of $305,590.35. Following the completion of the sale, the chief executive officer now owns 188,678 shares in the company, valued at $1,896,213.90. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In other Integral Ad Science news, CAO Alexis Gil II sold 3,177 shares of the business’s stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $10.24, for a total value of $32,532.48. Following the completion of the sale, the chief accounting officer now owns 120,195 shares in the company, valued at $1,230,796.80. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Lisa Utzschneider sold 30,407 shares of the business’s stock in a transaction that occurred on Monday, April 8th. The shares were sold at an average price of $10.05, for a total value of $305,590.35. Following the completion of the sale, the chief executive officer now owns 188,678 shares of the company’s stock, valued at approximately $1,896,213.90. The disclosure for this sale can be found here. Insiders sold a total of 67,082 shares of company stock worth $669,508 over the last 90 days. 2.00% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research firms have recently commented on IAS. Oppenheimer reduced their price target on Integral Ad Science from $25.00 to $20.00 and set an “outperform” rating on the stock in a report on Wednesday, February 28th. Bank of America began coverage on Integral Ad Science in a research report on Thursday, January 11th. They set a “buy” rating and a $19.00 price objective for the company. Raymond James downgraded Integral Ad Science from a “strong-buy” rating to an “outperform” rating and cut their price objective for the stock from $20.00 to $16.00 in a research report on Wednesday, February 28th. BMO Capital Markets cut their price objective on Integral Ad Science from $18.00 to $16.00 and set an “outperform” rating for the company in a research report on Wednesday, February 28th. Finally, Barclays cut their price objective on Integral Ad Science from $16.00 to $12.00 and set an “equal weight” rating for the company in a research report on Monday, April 15th. Three research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat, Integral Ad Science has an average rating of “Moderate Buy” and a consensus price target of $17.38.

About Integral Ad Science

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.