Integral Ad Science Holding Corp. (NASDAQ:IAS) finished Friday with a subtraction of -$0.07 to close at $13.78, a downside of -0.51 percent. An average of 710,320 shares of common stock have been traded in the last five days. There was a fall of -$0.25 in the past week, and it reached a new high 46 times over the past 12 months. The last 20 days have seen an average of 1,214,130 shares traded, while the 50-day average volume stands at 1,023,966.
IAS stock has decreased by -28.86% in the last month. The company shares reached their 1-month lowest point of $13.56 on 08/16/23. With the stock rallying to its 52-week high on 07/31/23, shares of the company touched a low of $6.63 and a high of $20.88 in 52 weeks. It has reached a new high 44 times so far this year and achieved 56.77% or $4.99 in price. In spite of this, the price is down -33.99% from the 52-week high.
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Insider Transactions
IAS stock investors should be aware that Integral Ad Science Holding Corp. (IAS) stock had its last reported insider trading activity 19 days ago on Aug 07. In this transaction, the insider spent $318,412. 10% Owner, VEP Group, LLC, disposed of 5,220,000 shares at a price of $18.13 on Jun 15. The insider now owns more than $94,638,600 worth of shares. Prior to that, Chief Executive Officer Utzschneider Lisa went on to Sale 35,310 shares at $17.67 each on May 23. An amount of $623,928 was transacted.
Valuation Metrics
Integral Ad Science Holding Corp. (IAS) has a trailing price-to-earnings (P/E) ratio of 94.38. The stock’s beta is 1.73. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 4.86, the price-to-book (PB) ratio at 2.44, and the price-to-cash flow ratio at 28.62.
Financial Health
The quick ratio of Integral Ad Science Holding Corp. for the three months ended June 29 was 3.80, and the current ratio was 3.80, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.22 and a total debt to equity ratio of 0.22 for the quarter ending June 29. Its gross profit as reported stood at $332.59 million compared to revenue of $408.35 million.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Integral Ad Science Holding Corp.’s return on assets was 2.00%.
Earnings Surprise
For the three-month period that ended June 29, Integral Ad Science Holding Corp. had $193.49 million in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $7.68 million in the quarter, while revenues of $3.15 million were grew 74.48%. The analyst consensus anticipated Integral Ad Science Holding Corp.’s latest quarter earnings to come in at $0.02 per share, but it turned out to be $0.05, a 150.00% surprise. For the quarter, EBITDA amounted to -$4.57 million. Shareholders own equity worth $156.65 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Integral Ad Science Holding Corp. (IAS) price momentum. RSI 9-day as of the close on 25 August was 29.81%, suggesting the stock is oversold, with historical volatility in this time frame at 33.50%.
As of today, IAS’s price is $14.02 -1.78% or -$0.25 from its 5-day moving average. IAS is currently trading -32.19% lower than its 20-day SMA and -4.97% lower than its 100-day SMA. However, the stock’s current price level is -28.42% below the SMA50 and +91.39% above the SMA200.
The stochastic %K and %D were 14.44% and 13.07%, respectively, and the average true range (ATR) was 0.60. With the 14-day stochastic at 12.36% and the average true range at 0.68, the RSI (14) stands at 31.93%. The stock has reached 0.01 on the 9-day MACD Oscillator while the 14-day reading was at -0.14.
Analyst Ratings
Robert W. Baird launched coverage on Integral Ad Science Holding Corp. (NASDAQ: IAS) in its analyst report released on August 18, 2023. The firm assigned the stock an Outperform rating. The consensus rating for Integral Ad Science Holding Corp. (IAS) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell IAS, while 3 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 10 others rate it as a “buy”.
What is IAS’s price target for the next 12 months?
Analysts predict a range of price targets between $19.00 and $25.00, with a median target of $23.00. Taking a look at these predictions, the average price target given by analysts for Integral Ad Science Holding Corp. (IAS) stock is $22.88.
