Interpublic Group Of Cos., Inc. (NYSE: IPG) has experienced a rise in its stock price by 0.33 compared to its previous closing price of 30.41. However, the company has seen a gain of 3.32% in its stock price over the last five trading days. seekingalpha.com reported 2024-08-11 that Barron’s seventh annual (2024) ranking of Sustainable companies started with the 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. Per 8/8/24 data from YCharts, the top-10 of 77 dividend-paying sustainable companies ranged 4.34%-14.68% by annual yield and ranged 31.29%-79.66% by broker-estimated target-price upsides.
Is It Worth Investing in Interpublic Group Of Cos., Inc. (NYSE: IPG) Right Now?
The price-to-earnings ratio for Interpublic Group Of Cos., Inc. (NYSE: IPG) is above average at 11.31x. The 36-month beta value for IPG is also noteworthy at 1.09. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 5 rating it as “overweight,” 5 rating it as “hold,” and 1 rating it as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for IPG is 374.20M, and at present, short sellers hold a 6.45% of that float. The average trading volume of IPG on August 13, 2024 was 4.13M shares.
IPG’s Market Performance
IPG stock saw an increase of 3.32% in the past week, with a monthly gain of 3.70% and a quarterly increase of -2.05%. The volatility ratio for the week is 2.20%, and the volatility levels for the last 30 days are 2.91% for Interpublic Group Of Cos., Inc. (IPG). The simple moving average for the last 20 days is 0.49% for IPG’s stock, with a simple moving average of -1.84% for the last 200 days.
Analysts’ Opinion of IPG
Many brokerage firms have already submitted their reports for IPG stocks, with Morgan Stanley repeating the rating for IPG by listing it as a “Underweight.” The predicted price for IPG in the upcoming period, according to Morgan Stanley is $28 based on the research report published on July 22, 2024 of the current year 2024.
UBS, on the other hand, stated in their research note that they expect to see IPG reach a price target of $36. The rating they have provided for IPG stocks is “Neutral” according to the report published on January 11th, 2024.
Wells Fargo gave a rating of “Equal Weight” to IPG, setting the target price at $33 in the report published on July 24th of the previous year.
IPG Trading at 2.02% 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 -13.25% of loss for the given period.
Volatility was left at 2.91%, however, over the last 30 days, the volatility rate increased by 2.20%, as shares surge +3.42% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.91% lower at present.
During the last 5 trading sessions, IPG rose by +3.32%, which changed the moving average for the period of 200-days by +9.35% in comparison to the 20-day moving average, which settled at $30.41. In addition, Interpublic Group Of Cos., Inc. saw -6.53% 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
- 0.15 for the gross margin
The net margin for Interpublic Group Of Cos., Inc. stands at 0.09. The total capital return value is set at 0.17. Equity return is now at value 27.43, with 6.05 for asset returns.
Based on Interpublic Group Of Cos., Inc. (IPG), the company’s capital structure generated 0.45 points at debt to capital in total, while cash flow to debt ratio is standing at 0.35. The debt to equity ratio resting at 0.83. The interest coverage ratio of the stock is 11.9.
Currently, EBITDA for the company is 1.75 billion with net debt to EBITDA at 1.56. When we switch over and look at the enterprise to sales, we see a ratio of 1.31. The receivables turnover for the company is 1.64for trailing twelve months and the total asset turnover is 0.64. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.06.
Conclusion
In summary, Interpublic Group Of Cos., Inc. (IPG) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.
