The stock of Interpublic Group Of Cos., Inc. (NYSE: IPG) has decreased by -0.39 when compared to last closing price of 31.62.Despite this, the company has seen a gain of 0.62% in its stock price over the last five trading days. benzinga.com reported 2024-09-30 that During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Is It Worth Investing in Interpublic Group Of Cos., Inc. (NYSE: IPG) Right Now?
Interpublic Group Of Cos., Inc. (NYSE: IPG) has a price-to-earnings ratio of 11.68x that is above its average ratio. Additionally, the 36-month beta value for IPG is 1.08. 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 currently, short sellers hold a 6.30% ratio of that float. The average trading volume of IPG on September 30, 2024 was 3.99M shares.
IPG’s Market Performance
IPG stock saw a decrease of 0.62% in the past week, with a monthly decline of -2.73% and a quarterly a decrease of 12.16%. The volatility ratio for the week is 1.72%, and the volatility levels for the last 30 days are 2.14% for Interpublic Group Of Cos., Inc. (IPG). The simple moving average for the past 20 days is 0.70% for IPG’s stock, with a 0.42% simple moving average for the past 200 days.
Analysts’ Opinion of IPG
UBS, on the other hand, stated in their research note that they expect to see IPG reach a price target of $29, previously predicting the price at $34. The rating they have provided for IPG stocks is “Sell” according to the report published on September 12th, 2024.
Morgan Stanley gave a rating of “Underweight” to IPG, setting the target price at $28 in the report published on July 22nd of the current year.
IPG Trading at 1.33% 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 -10.45% of loss for the given period.
Volatility was left at 2.14%, however, over the last 30 days, the volatility rate increased by 1.72%, as shares sank -3.17% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.49% upper at present.
During the last 5 trading sessions, IPG rose by +0.88%, which changed the moving average for the period of 200-days by +0.78% in comparison to the 20-day moving average, which settled at $31.23. In addition, Interpublic Group Of Cos., Inc. saw -3.51% 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 CARROLL CHRISTOPHER F, who sale 18,382 shares at the price of $32.20 back on Feb 27 ’24. After this action, CARROLL CHRISTOPHER F now owns 42,390 shares of Interpublic Group Of Cos., Inc., valued at $591,900 using the latest closing price.
Johnson Ellen Tobi, the CFO of Interpublic Group Of Cos., Inc., sale 40,393 shares at $32.20 during a trade that took place back on Feb 27 ’24, which means that Johnson Ellen Tobi is holding 88,350 shares at $1,300,655 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 6.18.
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 1.34. 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 conclusion, Interpublic Group Of Cos., Inc. (IPG) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
