Integral Ad Science Holding Corp (NASDAQ:IAS) shares, rose in value, with the stock price down by -2.40% to the previous day’s close as strong demand from buyers drove the stock to $9.37.
Actively observing the price movement in the last trading, the stock closed the session at $9.60. The value of beta (5-year monthly) was 1.78 whereas the PE ratio was 223.63 over 12-month period. Referring to stock’s 52-week performance, its high was $20.88, and the low was $9.10. On the whole, IAS has fluctuated by -41.87% over the past month.
With the market capitalization of Integral Ad Science Holding Corp currently standing at about $1.49 billion, investors are eagerly awaiting this quarter’s results, scheduled for May 02, 2024 – May 06, 2024. As a result, investors might want to see an improvement in the stock’s price before the company announces its earnings report. Analysts are projecting the company’s earnings per share (EPS) to be -$0.01, which is expected to increase to $0.06 for fiscal year $0.18 and then to about $0.32 by fiscal year 2025. Data indicates that the EPS growth is expected to be 350.00% in 2025, while the next year’s EPS growth is forecast to be 77.80%.
Analysts have estimated the company’s revenue for the quarter at $112.11 million, with a low estimate of $111.03 million and a high estimate of $112.9 million. According to the average forecast, sales growth in current quarter could jump up 8.90%, compared to the corresponding quarter of last year. Wall Street analysts also predicted that in 2025, the company’s y-o-y revenues would reach $532.1 million, representing an increase of 12.20% from the revenues reported in the last year’s results.
Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that IAS’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium term indicators have put the stock in the category of Hold while long term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 93.18, with the price of IAS currently trading nearly -24.73% and -33.47% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 25.25, while the 7-day volatility ratio is showing 3.50% which for the 30-day chart, stands at 5.16%. Furthermore, Integral Ad Science Holding Corp (IAS)’s beta value is 1.58, and its average true range (ATR) is 0.68.
A comparison of Integral Ad Science Holding Corp (IAS) with its peers suggests the former has fared considerably weaker in the market. IAS showed an intraday change of -2.40% in last session, and over the past year, it shrunk by -24.98%%.
Data on historical trading for Integral Ad Science Holding Corp (NASDAQ:IAS) indicates that the trading volumes over the past 10 days have averaged 2.36 million and over the past 3 months, they’ve averaged 1.57 million. According to company’s latest data on outstanding shares, there are 158.76 million shares outstanding.
Nearly 56.47% of Integral Ad Science Holding Corp’s shares belong to company insiders and institutional investors own 39.54% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.3 million shares as on Feb 29, 2024, resulting in a short ratio of 1.24. According to the data, the short interest in Integral Ad Science Holding Corp (IAS) stood at 1.44% of shares outstanding as of Feb 29, 2024; the number of short shares registered in Jan 31, 2024 reached 1.89 million. The stock has fallen by -34.89% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the IAS stock heading into the next quarter.
