The Interpublic Group of Companies Inc. [IPG] shares are down more than -2.44% this year and recently increased 0.01% or $0.19 to settle at $21.59. Analysts expect IPG to grow earnings at a 1.10% annual rate over the next 5 years. IPG has a short ratio of 3.76. This implies that the market is currently less bullish on the outlook for IPG.

On 19, November 2020, Kerrygold Selects Weber Shandwick to Lead U.S. Corporate and Consumer Communications. According to news published on Yahoo Finance, – Assignment Marks Kerrygold’s First Agency Partnership for Ongoing U.S. Public Relations Support -.

Analyst Birdseye View:

The most recent analyst activity for The Interpublic Group of Companies Inc. [NYSE:IPG] stock was on October 16, 2020, when it was Upgrade with an Outperform rating from Wolfe Research, which also raised its 12-month price target on the stock from $20 to $23. Before that, on October 22, 2020, MoffettNathanson Recapitulated a Buy rating and elevated its amount target to $24. On September 09, 2020, Evercore ISI Resumed an In-line rating. On September 24, 2019, Wells Fargo Initiated a Market perform rating and increased its price target to $23. On July 10, 2019, BofA/Merrill Upgrade a Neutral rating. On January 18, 2019, RBC Capital Mkts Downgrade a Sector perform rating. On January 07, 2019, Pivotal Research Group Upgrade a Buy rating and boosted its target amount on this stock from $22 to $25. Citigroup elevated its amount target by recapitulating a higher weight for this stock.

In the past 52 weeks of trading, this stock has oscillated between a low of $11.63 and a peak of $25.20. Right now, according to Wall Street analyst the average 12-month amount target is $21.95. At the most recent market close, shares of The Interpublic Group of Companies Inc. [NYSE:IPG] were valued at $21.59. According to the average price forecast, investors can expect a potential return of 1.64%.

FUNDAMENTAL ANALYSIS

The Interpublic Group of Companies Inc. [NYSE:IPG] most recently reported quarterly sales of 2.13 billion, which represented growth of -12.80%. This company’s Gross Margin is currently 14.40% and its Operating Margin is 8.30%.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 21.22 points at 1st support level, the second support level is making up to 20.86. But as of 1st resistance point, this stock is sitting at 21.79 and at 22.00 for 2nd resistance point.

The Interpublic Group of Companies Inc. [IPG] reported its earnings at $0.53 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.33/share signifying the difference of 0.2 and 60.60% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $0.23 calling estimates for $0.2/share with the difference of 0.03 depicting the surprise of 15.00%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for The Interpublic Group of Companies Inc. [NYSE:IPG] is 1.00. Now if looking for a valuation of this stock’s showing 14.99 of P/E (TTM) ratio.

Insider Stories

The most recent insider trade was by ROTH MICHAEL ISOR, Chairman & CEO, and it was the sale of 0.38 million shares on Nov 10. ROTH MICHAEL ISOR, the Chairman & CEO, completed a sale of 0.17 million shares on Nov 09. On Aug 07, GUILFOILE MARY, Director, completed a sale of 8735.0 shares.