Market Recap: Integral Ad Science Holding Corp (IAS)’s Negative Momentum, Closing at 9.56

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The closing price of Integral Ad Science Holding Corp (NASDAQ: IAS) was $9.56 for the day, down -0.10% from the previous closing price of $9.57. In other words, the price has decreased by -$0.10 from its previous closing price. On the day, 1.16 million shares were traded. IAS stock price reached its highest trading level at $9.645 during the session, while it also had its lowest trading level at $9.39.

Ratios:

Our analysis of IAS’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.76. For the most recent quarter (mrq), Quick Ratio is recorded 3.21 and its Current Ratio is at 3.21. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.19.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Morgan Stanley on April 16, 2024, Downgraded its rating to Equal-Weight and sets its target price to $12 from $18 previously.

On February 28, 2024, Raymond James Downgraded its rating to Outperform which previously was Strong Buy and also lowered its target price recommendation from $20 to $16.

On January 11, 2024, BofA Securities started tracking the stock assigning a Buy rating and target price of $19.BofA Securities initiated its Buy rating on January 11, 2024, with a $19 target price.

Insider Transactions:

Also, 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 this stock occurred on Apr 08 ’24 when Utzschneider Lisa sold 30,407 shares for $10.05 per share. The transaction valued at 305,590 led to the insider holds 188,678 shares of the business.

SECOR TANIA sold 17,999 shares of IAS for $180,890 on Apr 08 ’24. The Chief Financial Officer now owns 239,174 shares after completing the transaction at $10.05 per share. On Mar 08 ’24, another insider, SECOR TANIA, who serves as the Chief Financial Officer of the company, sold 8,929 shares for $9.71 each. As a result, the insider received 86,701 and left with 221,959 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IAS now has a Market Capitalization of 1527315200 and an Enterprise Value of 1582936064. As of this moment, Integral’s Price-to-Earnings (P/E) ratio for their current fiscal year is 228.16, and their Forward P/E ratio for the next fiscal year is 30.39. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 95.07. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.21 while its Price-to-Book (P/B) ratio in mrq is 1.67. Its current Enterprise Value per Revenue stands at 3.337 whereas that against EBITDA is 27.561.

Stock Price History:

Over the past 52 weeks, IAS has reached a high of $20.88, while it has fallen to a 52-week low of $8.92. The 50-Day Moving Average of the stock is -14.11%, while the 200-Day Moving Average is calculated to be -29.86%.

Shares Statistics:

IAS traded an average of 1.87M shares per day over the past three months and 1992990 shares per day over the past ten days. A total of 158.76M shares are outstanding, with a floating share count of 70.64M. Insiders hold about 55.72% of the company’s shares, while institutions hold 39.47% stake in the company. Shares short for IAS as of 1711584000 were 2560958 with a Short Ratio of 1.37, compared to 1709164800 on 2297531. Therefore, it implies a Short% of Shares Outstanding of 2560958 and a Short% of Float of 3.6999999999999997.

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