Integral Ad Science (IAS) to Release Quarterly Earnings on Thursday

Integral Ad Science (NASDAQ:IAS) will 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.Parties that wish to listen to the company’s conference call can do so using this link.

Integral Ad Science (NASDAQ:IAS) last announced its earnings results on Tuesday, February 27th. The company reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.03. Integral Ad Science had a net margin of 1.53% and a return on equity of 0.83%. The company had revenue of $134.30 million during the quarter, compared to analyst estimates of $131.27 million. During the same period in the previous year, the business earned $0.07 earnings per share. The firm’s quarterly revenue was up 14.4% compared to the same quarter last year. 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 Price Performance

IAS opened at $9.90 on Wednesday. The stock has a market capitalization of $1.58 billion, a P/E ratio of 248.81, a PEG ratio of 1.72 and a beta of 1.58. The company has a current ratio of 3.21, a quick ratio of 3.21 and a debt-to-equity ratio of 0.17. Integral Ad Science has a 12-month low of $8.92 and a 12-month high of $20.88. The stock has a 50-day moving average price of $9.85 and a 200-day moving average price of $12.85.

Insiders Place Their Bets

In other Integral Ad Science news, CAO Alexis Gil II sold 3,177 shares of the firm’s stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $10.24, for a total transaction of $32,532.48. Following the sale, the chief accounting officer now owns 120,195 shares in the company, valued at approximately $1,230,796.80. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In other Integral Ad Science news, CAO Alexis Gil II sold 3,177 shares of the stock in a transaction 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 approximately $1,230,796.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Tania Secor sold 17,999 shares of the business’s stock in a transaction dated Monday, April 8th. The shares were sold at an average price of $10.05, for a total value of $180,889.95. Following the completion of the transaction, the chief financial officer now owns 239,174 shares in the company, valued at $2,403,698.70. The disclosure for this sale can be found here. Insiders sold a total of 75,126 shares of company stock worth $749,707 over the last quarter. 2.00% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

IAS has been the topic of several recent analyst reports. Oppenheimer cut their target price on shares of Integral Ad Science from $25.00 to $20.00 and set an “outperform” rating on the stock in a report on Wednesday, February 28th. Barclays decreased their price objective on shares of Integral Ad Science from $16.00 to $12.00 and set an “equal weight” rating on the stock in a research report on Monday, April 15th. Benchmark reiterated a “hold” rating on shares of Integral Ad Science in a report on Tuesday. Truist Financial reduced their price target on Integral Ad Science from $26.00 to $17.00 and set a “buy” rating on the stock in a report on Wednesday, February 28th. Finally, Morgan Stanley reiterated an “equal weight” rating and issued a $12.00 price objective (down from $18.00) on shares of Integral Ad Science in a research report on Tuesday, April 16th. Three analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $17.38.

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.