Integral Ad Science Holding Corp. (NASDAQ:IAS) does about 286.32K shares in volume on a normal day but saw 276115 shares change hands in Friday trading. The company now has a market cap of 1.73B USD. Its current market price is $10.89, marking a decrease of -0.37% compared to the previous close of $10.93. The 52 week high reached by this stock is $19.26 whilst the lowest price level in 52 weeks is $6.63. The script in recent trading has seen the stock touch a high of $10.96 and a low of $10.60.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Integral Ad Science Holding Corp. (IAS) has a 20-day trading average at $10.61 and the current price is -43.46% off the 52-week high compared with 64.25% distance from its 52-week low. The 50-day simple moving average of the closing price is $9.73 and its 200-day simple moving average is $9.44. If we look at the stock’s price movements over the week, volatility stands at 6.10%, which decreases to 5.63% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 57.70 to suggest the stock is neutral.
8 analysts observing the Integral Ad Science Holding Corp. (IAS) stock have set the 12-month price targets for the company’s shares at between $10.00 and $15.00. The consensus objective for the share price is $13.12, suggesting that the stock has a potential upside of 17.0% over the period. The median price target is 16.23% away from the current levels at $13.00.
FactSet Research has provided data showing that 8 brokerages have issued ratings for the stock. 1 analysts have rated it as a sell, while 0 advise that it is a overweight. 6 analysts have rated it as a buy and 1 have advised that investors hold their positions. The consensus recommendation rating is Overweight and Wall Street’s advice is for investors to Strong Buy the stock.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on December 15, 2022 when Jefferies resumed the stock to “Buy” and issued a price target of $12. Raymond James upgraded the stock to “Strong Buy” from Outperform on March 21, 2022 at a price target of $26-$27. Oppenheimer reiterated its price target at $30-$24.
The current price level is 3.10%, 12.21%, and 15.33% away from its SMA20, SMA50, and SMA200 respectively, with the IAS price moving below the 50-day SMA on February 17. Integral Ad Science Holding Corp. (IAS) stock is up 7.40% over the week and 14.75% over the past month. Its price is 23.89% year-to-date and -42.68% over the past year.
IAS’s earnings per share are forecast to grow by 110.80% this year and 275.00% over next year. Expected sales for next quarter are $97.3 million, which analysts say will come at $402.12 million for the current fiscal year and next year at $459.28 million. In addition, estimates put the company’s current quarterly revenue at an average of $111.21 million.
Its 12-month price target is $13.00. To reach the target analysts have set, the stock logically needs to grow 17.0 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $10.00, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $15.00.
Outstanding shares total 155.39M with insiders holding 0.23% of the shares and institutional holders owning 99.01% of the company’s common stock. The company has a return on investment of -3.30% and return on equity of -0.10%. The forward price to earnings ratio is 70.26. Price to book ratio is 2.18 and price to sales ratio is 4.40.
Vanguard Total Stock Market Index isn’t the only investment manager who changed stakes and is followed by Vanguard Small Cap Index Fund, which added 7638.0 shares to end up with 1,395,086 shares worth $14.34 million. ClearBridge Small Cap Fund cut their holdings by -1.68% in the company over the course of the most recent quarter. It now holds a 0.67% position in Integral Ad Science Holding Corp. thanks to 1.03 million shares amounting to $10.62 million.
