The Interpublic Group of Companies Inc. (NYSE:IPG) went down by -2.95% from its latest closing price compared to the recent 1-year high of $39.98. The company’s stock price has collected -10.03% of loss in the last five trading sessions. The Wall Street Journal reported on 04/28/22 that Interpublic Group Increases Outlook Despite Geopolitical and Public-Health Issues
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 12.10 x from its present earnings ratio. Plus, the 36-month beta value for IPG is at 0.99. Opinions of the stock are interesting as 6 analysts out of 13 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 $40.70, which is $9.26 above the current price. IPG currently public float of 391.77M and currently shorts hold a 3.25% ratio of that float. Today, the average trading volume of IPG was 3.85M shares.
IPG’s Market Performance
IPG stocks went down by -10.03% for the week, with a monthly drop of -9.29% and a quarterly performance of -21.50%, while its annual performance rate touched -1.81%. The volatility ratio for the week stands at 4.10% while the volatility levels for the past 30 days are set at 3.24% for The Interpublic Group of Companies Inc.. The simple moving average for the period of the last 20 days is -9.10% for IPG stocks with a simple moving average of -14.19% for the last 200 days.
Analysts’ Opinion of IPG
Many brokerage firms have already submitted their reports for IPG stocks, with Argus repeating the rating for IPG by listing it as a “Buy.” The predicted price for IPG in the upcoming period, according to Argus is $41 based on the research report published on March 21st of the current year 2022.
Barclays, on the other hand, stated in their research note that they expect to see IPG reach a price target of $42, previously predicting the price at $47. The rating they have provided for IPG stocks is “Equal Weight” according to the report published on March 14th, 2022.
BofA Securities gave a rating of “Underperform” to IPG, setting the target price at $32 in the report published on January 27th of the current year.
IPG Trading at -10.67% 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 unable to rebound, for now settling with -22.56% of loss for the given period.
Volatility was left at 3.24%, however, over the last 30 days, the volatility rate increased by 4.10%, as shares sank -8.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -12.71% lower at present.
During the last 5 trading sessions, IPG fell by -10.03%, which changed the moving average for the period of 200-days by -12.39% in comparison to the 20-day moving average, which settled at $33.92. In addition, The Interpublic Group of Companies Inc. saw -17.33% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at IPG starting from HUDSON DAWN E, who sale 18,376 shares at the price of $32.45 back on May 09. After this action, HUDSON DAWN E now owns 32,880 shares of The Interpublic Group of Companies Inc., valued at $596,301 using the latest closing price.
GUILFOILE MARY, the Director of The Interpublic Group of Companies Inc., sale 6,301 shares at $32.41 during a trade that took place back on May 06, which means that GUILFOILE MARY is holding 102,803 shares at $204,215 based on the most recent closing price.
Stock Fundamentals for IPG
Current profitability levels for the company are sitting at:
- +14.13 for the present operating margin
- +15.32 for the gross margin
The net margin for The Interpublic Group of Companies Inc. stands at +9.30. Equity return is now at value 30.80, with 5.60 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.03.