Integral Ad Science Holding Corp. (IAS) had a closing price of $13.88, up 0.36% from the previous closing price of $13.83. With the global market for artificial intelligence (AI) projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, investors are increasingly interested in companies such as IAS. Their valuation measures include a Price-to-Earnings (P/E) ratio of 141.63, Forward P/E ratio of 51.99, TTM Price-to-Sale (P/S) ratio of 5.26, and a Price-to-Book (P/B) ratio in mrq of 2.64. Analysts predict that IAS’s EPS for the current quarter is $0.01 and the consensus estimate for the next quarter is $0. Moreover, the average revenue estimate for this fiscal year is $402.12M, up 24.30% from the year-ago figure, while next fiscal year revenue will be $459.28M. Insiders hold about 0.20% of the company’s shares, while institutions hold 99.20% stake in the company. Additionally, IAS has traded an average of 372.79K shares per day over the past three months and 625.27k shares per day over the past ten days.
Integral Ad Science Holding Corp. Attracts Investors Despite Economic Turmoil
Integral Ad Science Holding Corp. (NASDAQ: IAS) continues to be an attractive investment option despite the economic turmoil. The company’s closing price on the day was $13.88, which is up by 0.36% from the previous closing price of $13.83. This increase in price is equivalent to $+0.05 from its previous closing price. A total of 534,796 shares were traded on the day, with IAS’s stock price hitting its highest trading level at $14.23 during the session, while it also had its lowest trading level at $13.81.
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Ratios
Analyzing the different ratios of IAS provides a deeper understanding of the company. Its Price-to-Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 24.70, while its Price-to-Free Cash Flow (P/FCF) for the term is 30.45. For the most recent quarter (mrq), Quick Ratio is recorded at 3.30, and its Current Ratio is also at 3.30. Meanwhile, its Debt-to-Equity ratio and Long-Term Debt/Eq ratio are both at 0.28.
Upgrades and Downgrades
On March 21, 2022, Raymond James upgraded its rating of IAS to Strong Buy from Outperform and also increased its target price recommendation from $26 to $27. Oppenheimer reiterated its Outperform rating for the stock on March 04, 2022, while revising its target price from $30 to $24.
Insider Trades
Insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in IAS occurred on March 22 when SHARMA TOM sold 28,385 shares for $14.02 per share. The transaction was valued at $397,958, and the insider now holds 0 shares of the business.
Additionally, SHARMA TOM sold 4,200 shares of IAS for $58,800 on March 21. The Chief Product Officer now owns 0 shares after completing the transaction at $14.00 per share. On February 08, another insider, SUKUMARAN ANIL, who serves as the Chief Accounting Officer of the company, sold 1,052 shares for $10.87 each. As a result, the insider received 11,435 shares and left with 55,449 shares of the company.
A Comprehensive Analysis of Integral Ad Science Holding Corp.’s Valuation and Earnings
Integral Ad Science Holding Corp. (IAS) is a company that provides global technology and data solutions for advertisers, publishers, and brands. To better understand IAS, let’s analyze its valuation measures, shares statistics, earnings estimates, and revenue estimates.
Valuation Measures
As of now, IAS’s Price-to-Earnings (P/E) ratio for their current fiscal year is 141.63, and their Forward P/E ratio for the next fiscal year is 51.99. Additionally, the TTM Price-to-Sale (P/S) ratio for the stock is 5.26, while the Price-to-Book (P/B) ratio in mrq is 2.64.
Over the past 52 weeks, IAS has reached a high of $15.92, while it has fallen to a 52-week low of $6.63. The 50-Day Moving Average of the stock is 11.06, while the 200-Day Moving Average is calculated to be 9.48.
IAS has been trading an average of 372.79K shares per day over the past three months and 625.27k shares per day over the past ten days. The company has a total of 153.78M shares outstanding, with a floating share count of 153.68M. Insiders hold about 0.20% of the company’s shares, while institutions hold a 99.20% stake in the company. As of Jan 12, 2023, shares short for IAS were 1.17M with a Short Ratio of 1.05M, compared to 1.5M on Dec 14, 2022. This implies a Short% of Shares Outstanding of 0.76% and a Short% of Float of 3.21%.
Earnings Estimates
IAS is currently rated by 7 analysts, with an average EPS estimate of $0.01 for the current quarter. The high estimate for the quarter is $0.04, and the low estimate is $0, while EPS last year was -$0.03. The consensus estimate for the next quarter is $0, with high estimates of $0.02 and low estimates of -$0.01.
For the current fiscal year, analysts are recommending an EPS of between $0.05 and $0.02, implying an average EPS of $0.04. EPS for the following year is estimated to be $0.15, with 6 analysts recommending between $0.17 and $0.13.
Revenue Estimates
According to 7 analysts, it is expected that IAS will generate $90B in revenue for the current quarter. This ranges from a high estimate of $112.07M to a low estimate of $110M. Based on the current estimate, IAS’s year-ago sales were $102.47M, indicating an estimated increase of 8.50% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $97.3M, an increase of 9.00% over the figure of $8.50% in the same quarter last year. The highest estimate for the next quarter is $102.6M, while the lowest estimate is $89.8M.
For the current fiscal year, a total of 8 analysts have provided revenue estimates for IAS. The highest revenue estimate was $403M, while the lowest revenue estimate was $401M, resulting in an average revenue estimate of $402.12M. In the same quarter a year ago, actual revenue was $323.51M, up
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