In the past week, IPG stock has gone down by -1.39%, with a monthly gain of 2.80% and a quarterly plunge of -0.97%. The volatility ratio for the week is 2.11%, and the volatility levels for the last 30 days are 2.54% for Interpublic Group Of Cos., Inc. The simple moving average for the past 20 days is 0.85% for IPG’s stock, with a 0.51% simple moving average for the past 200 days.
Is It Worth Investing in Interpublic Group Of Cos., Inc. (NYSE: IPG) Right Now?
Interpublic Group Of Cos., Inc. (NYSE: IPG) has a higher price-to-earnings ratio of 11.45x compared to its average ratio. IPG has 36-month beta value of 1.13. Analysts have mixed views on the stock, with 2 analysts rating it as a “buy,” 3 as “overweight,” 8 as “hold,” and 0 as “sell.”
The public float for IPG is 377.40M, and currently, short sellers hold a 5.13% ratio of that float. The average trading volume of IPG on April 01, 2024 was 4.18M shares.
IPG) stock’s latest price update
The stock price of Interpublic Group Of Cos., Inc. (NYSE: IPG) has plunged by -0.43 when compared to previous closing price of 32.77, but the company has seen a -1.39% decline in its stock price over the last five trading sessions. Seeking Alpha reported 2024-03-13 that Barron’s seventh-annual (2/26/24) ranking of Sustainable companies started with 1,000 largest publicly-traded companies by market-value, then ranked each by performance for five-key-constituencies: shareholders, employees, customers, community, and planet. Home-products company Clorox sits at the top for the second straight year, edging out Kimberly-Clark, CBRE Group, Hasbro, and Agilent Technologies in the top five. As of 3/11/24 data from YCharts, the top-10 of 76 dividend-paying sustainable companies ranged 4.37%-11.78% by annual yield and ranged 15.72%-85.22% per broker-estimated target-price-upsides.
Analysts’ Opinion of IPG
Many brokerage firms have already submitted their reports for IPG stocks, with UBS repeating the rating for IPG by listing it as a “Neutral.” The predicted price for IPG in the upcoming period, according to UBS is $36 based on the research report published on January 11, 2024 of the current year 2024.
Wells Fargo, on the other hand, stated in their research note that they expect to see IPG reach a price target of $33, previously predicting the price at $43. The rating they have provided for IPG stocks is “Equal Weight” according to the report published on July 24th, 2023.
BofA Securities gave a rating of “Buy” to IPG, setting the target price at $40 in the report published on March 30th of the previous year.
IPG Trading at 0.84% 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 -20.32% of loss for the given period.
Volatility was left at 2.54%, however, over the last 30 days, the volatility rate increased by 2.11%, as shares surge +3.92% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.72% upper at present.
During the last 5 trading sessions, IPG fell by -1.39%, which changed the moving average for the period of 200-days by -18.22% in comparison to the 20-day moving average, which settled at $32.42. In addition, Interpublic Group Of Cos., Inc. saw -0.03% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at IPG starting from KRAKOWSKY PHILIPPE, who sale 150,403 shares at the price of $32.20 back on Feb 27 ’24. After this action, KRAKOWSKY PHILIPPE now owns 415,776 shares of Interpublic Group Of Cos., Inc., valued at $4,842,977 using the latest closing price.
Bonzani Andrew, the EVP, General Counsel of Interpublic Group Of Cos., Inc., sale 40,468 shares at $32.20 during a trade that took place back on Feb 27 ’24, which means that Bonzani Andrew is holding 70,431 shares at $1,303,070 based on the most recent closing price.
Stock Fundamentals for IPG
Current profitability levels for the company are sitting at:
- 0.14 for the present operating margin
- 0.16 for the gross margin
The net margin for Interpublic Group Of Cos., Inc. stands at 0.1. The total capital return value is set at 0.17. Equity return is now at value 28.94, with 5.76 for asset returns.
Based on Interpublic Group Of Cos., Inc. (IPG), the company’s capital structure generated 0.49 points at debt to capital in total, while cash flow to debt ratio is standing at 0.15. The debt to equity ratio resting at 0.95. The interest coverage ratio of the stock is 6.2.
Currently, EBITDA for the company is 1.75 billion with net debt to EBITDA at 0.44. When we switch over and look at the enterprise to sales, we see a ratio of 1.21. The receivables turnover for the company is 1.36for trailing twelve months and the total asset turnover is 0.57. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.06.
Conclusion
To put it simply, Interpublic Group Of Cos., Inc. (IPG) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
