The Interpublic Group of Companies Inc. (NYSE:IPG) went up by 1.01% from its latest closing price compared to the recent 1-year high of $32.05. The company’s stock price has collected 7.91% of gains in the last five trading sessions. The Wall Street Journal reported on 04/30/21 that Ad Spending Jumps as Google, Facebook and Other Digital Players Ride Economic Rebound
Is It Worth Investing in The Interpublic Group of Companies Inc. (NYSE :IPG) Right Now?
The Interpublic Group of Companies Inc. (NYSE:IPG) scored a price-to-earnings ratio above its average ratio, recording 28.92 x from its present earnings ratio. Plus, the 36-month beta value for IPG is at 1.05. Opinions of the stock are interesting as 7 analysts out of 14 who provided ratings for The Interpublic Group of Companies Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 6 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $33.08, which is -$1.07 below the current price. IPG currently public float of 387.18M and currently shorts hold a 3.73% ratio of that float. Today, the average trading volume of IPG was 4.28M shares.
IPG’s Market Performance
IPG stocks went up by 7.91% for the week, with a monthly jump of 9.27% and a quarterly performance of 29.21%, while its annual performance rate touched 95.19%. The volatility ratio for the week stands at 2.24% while the volatility levels for the past 30 days are set at 2.13% for The Interpublic Group of Companies Inc.. The simple moving average for the period of the last 20 days is 6.39% for IPG stocks with a simple moving average of 40.82% for the last 200 days.
Analysts’ Opinion of IPG
Many brokerage firms have already submitted their reports for IPG stocks, with BMO Capital Markets repeating the rating for IPG by listing it as a “Market Perform.” The predicted price for IPG in the upcoming period, according to BMO Capital Markets is $30 based on the research report published on April 22nd of the current year 2021.
Barclays, on the other hand, stated in their research note that they expect to see IPG reach a price target of $33. The rating they have provided for IPG stocks is “Overweight” according to the report published on December 11th, 2020.
MoffettNathanson gave a rating of “Buy” to IPG, setting the target price at $24 in the report published on October 22nd of the previous year.
IPG Trading at 10.74% from the 50-Day Moving Average
After a stumble in the market that brought IPG to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 0.06% of gains for the given period.
Volatility was left at 2.13%, however, over the last 30 days, the volatility rate increased by 2.24%, as shares surge +8.79% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +25.47% upper at present.
During the last 5 trading sessions, IPG rose by +7.91%, which changed the moving average for the period of 200-days by +76.21% in comparison to the 20-day moving average, which settled at $30.27. In addition, The Interpublic Group of Companies Inc. saw 36.35% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at IPG starting from ROTH MICHAEL ISOR, who sale 144,781 shares at the price of $26.85 back on Mar 01. After this action, ROTH MICHAEL ISOR now owns 615,304 shares of The Interpublic Group of Companies Inc., valued at $3,887,370 using the latest closing price.
Bonzani Andrew, the EVP & General Counsel of The Interpublic Group of Companies Inc., sale 8,103 shares at $26.86 during a trade that took place back on Mar 01, which means that Bonzani Andrew is holding 113,450 shares at $217,647 based on the most recent closing price.
Stock Fundamentals for IPG
Current profitability levels for the company are sitting at:
- +11.06 for the present operating margin
- +11.71 for the gross margin
The net margin for The Interpublic Group of Companies Inc. stands at +3.87. The total capital return value is set at 12.35, while invested capital returns managed to touch 4.93. Equity return is now at value 16.00, with 2.70 for asset returns.
Based on The Interpublic Group of Companies Inc. (IPG), the company’s capital structure generated 178.78 points at debt to equity in total, while total debt to capital is 64.13. Total debt to assets is 28.69, with long-term debt to equity ratio resting at 150.49. Finally, the long-term debt to capital ratio is 53.98.
When we switch over and look at the enterprise to sales, we see a ratio of 1.33, with the company’s debt to enterprise value settled at 0.43. The receivables turnover for the company is 1.33 and the total asset turnover is 0.51. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.98.