The price-to-earnings ratio for Interpublic Group Of Cos., Inc. (NYSE: IPG) is above average at 11.85x, Company’s 36-month beta value is 1.08.Analysts have differing opinions on the stock, with 5 analysts rating it as a “buy,” 5 as “overweight,” 5 as “hold,” and 1 as “sell.”
The public float for IPG is 374.20M, and currently, short sellers hold a 6.91% ratio of that floaft. The average trading volume of IPG on October 21, 2024 was 3.86M shares.
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IPG) stock’s latest price update
Interpublic Group Of Cos., Inc. (NYSE: IPG) has seen a decline in its stock price by -0.27 in relation to its previous close of 32.03. However, the company has experienced a 1.41% gain in its stock price over the last five trading sessions. zacks.com reported 2024-10-18 that IPG’s third-quarter 2024 revenues are anticipated to have declined due to deteriorations in the SC&E and MD&E segments.
IPG’s Market Performance
IPG’s stock has risen by 1.41% in the past week, with a monthly rise of 2.68% and a quarterly rise of 6.73%. The volatility ratio for the week is 1.46% while the volatility levels for the last 30 days are 1.59% for Interpublic Group Of Cos., Inc. The simple moving average for the last 20 days is 1.95% for IPG stock, with a simple moving average of 2.17% for the last 200 days.
Analysts’ Opinion of IPG
Many brokerage firms have already submitted their reports for IPG stocks, with JP Morgan repeating the rating for IPG by listing it as a “Neutral.” The predicted price for IPG in the upcoming period, according to JP Morgan is $33 based on the research report published on October 01, 2024 of the current year 2024.
UBS gave a rating of “Sell” to IPG, setting the target price at $29 in the report published on September 12th of the current year.
IPG Trading at 1.81% 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 -9.17% of loss for the given period.
Volatility was left at 1.59%, however, over the last 30 days, the volatility rate increased by 1.46%, as shares surge +2.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.13% upper at present.
During the last 5 trading sessions, IPG rose by +1.49%, which changed the moving average for the period of 200-days by -0.68% in comparison to the 20-day moving average, which settled at $31.33. In addition, Interpublic Group Of Cos., Inc. saw -2.13% 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 1.36. 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 a nutshell, Interpublic Group Of Cos., Inc. (IPG) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
