Integral Ad Science (NASDAQ:IAS) Stock Rating Upgraded by Zacks Investment Research

Zacks Investment Research upgraded shares of Integral Ad Science (NASDAQ:IASGet Rating) from a sell rating to a hold rating in a research report report published on Tuesday, Zacks.com reports.

According to Zacks, “Integral Ad Science Holding LLC operates as a digital advertising verification company. It operates principally in the United States, the United Kingdom, Germany, Italy, Spain, Sweden, Singapore, Australia, France, Japan, Canada, Hong Kong and Brazil. Integral Ad Science Holding LLC is based in New York. “

Other research analysts also recently issued reports about the stock. Morgan Stanley lifted their price target on shares of Integral Ad Science from $25.00 to $27.00 in a research note on Wednesday, January 19th. Barclays cut their price target on shares of Integral Ad Science from $20.00 to $17.00 and set an equal weight rating on the stock in a report on Tuesday, April 19th. Raymond James upgraded shares of Integral Ad Science from an outperform rating to a strong-buy rating and boosted their target price for the company from $26.00 to $27.00 in a report on Monday, March 21st. Stifel Nicolaus boosted their target price on shares of Integral Ad Science from $25.00 to $26.00 and gave the company a buy rating in a report on Friday, March 4th. Finally, Oppenheimer lowered their price target on Integral Ad Science from $30.00 to $24.00 and set an outperform rating for the company in a research report on Friday, March 4th. Two analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of Buy and an average target price of $24.20.

IAS opened at $11.29 on Tuesday. The firm has a market cap of $1.75 billion and a P/E ratio of -33.21. The firm has a 50-day moving average of $13.51 and a 200 day moving average of $18.10. The company has a debt-to-equity ratio of 0.32, a quick ratio of 3.01 and a current ratio of 3.01. Integral Ad Science has a fifty-two week low of $10.00 and a fifty-two week high of $29.68.

Integral Ad Science (NASDAQ:IASGet Rating) last issued its earnings results on Thursday, March 3rd. The company reported $0.01 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.02. The business had revenue of $102.47 million for the quarter, compared to the consensus estimate of $95.71 million. Equities research analysts predict that Integral Ad Science will post 0.06 earnings per share for the current fiscal year.

A number of large investors have recently bought and sold shares of IAS. Shelter Haven Capital Management L.P. increased its stake in Integral Ad Science by 157.1% in the third quarter. Shelter Haven Capital Management L.P. now owns 3,387,006 shares of the company’s stock valued at $69,874,000 after purchasing an additional 2,069,705 shares during the last quarter. TimesSquare Capital Management LLC lifted its holdings in Integral Ad Science by 25.3% in the fourth quarter. TimesSquare Capital Management LLC now owns 2,474,389 shares of the company’s stock valued at $54,956,000 after acquiring an additional 499,379 shares during the period. Vanguard Group Inc. lifted its holdings in Integral Ad Science by 7.2% in the first quarter. Vanguard Group Inc. now owns 2,055,145 shares of the company’s stock valued at $28,361,000 after acquiring an additional 138,315 shares during the period. BlackRock Inc. raised its stake in shares of Integral Ad Science by 47.1% during the 1st quarter. BlackRock Inc. now owns 1,603,564 shares of the company’s stock worth $22,129,000 after buying an additional 513,654 shares during the last quarter. Finally, Indaba Capital Management L.P. raised its stake in shares of Integral Ad Science by 8.3% during the 3rd quarter. Indaba Capital Management L.P. now owns 1,476,463 shares of the company’s stock worth $30,459,000 after buying an additional 113,447 shares during the last quarter.

About Integral Ad Science (Get Rating)

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.

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