Detailed Review Of Prospects For Interpublic Group Of Cos., Inc. Stock

A share price of Interpublic Group Of Cos., Inc. [IPG] is currently trading at $28.51, up 0.46%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The IPG shares have gain 1.53% over the last week, with a monthly amount drifted -7.28%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Interpublic Group Of Cos., Inc. [NYSE: IPG] stock has seen the most recent analyst activity on January 11, 2024, when UBS initiated its Neutral rating and assigned the stock a price target of $36. Previously, Wells Fargo downgraded its rating to Equal Weight on July 24, 2023, and dropped its price target to $33. On March 30, 2023, upgrade upgraded it’s rating to Buy and revised its price target to $40 on the stock. Exane BNP Paribas downgraded its rating to a Neutral but stick to its price target of $40 on March 29, 2023. MoffettNathanson downgraded its rating to a Market Perform and raised its price target to $37 on February 10, 2023. BofA Securities upgraded its rating to Neutral for this stock on January 05, 2023, and upped its price target to $36.

Interpublic Group Of Cos., Inc. experienced fluctuations in its stock price throughout the past year between $27.20 and $40.90. Currently, Wall Street analysts expect the stock to reach $51.6 within the next 12 months. Interpublic Group Of Cos., Inc. [NYSE: IPG] shares were valued at $28.51 at the most recent close of the market. An investor can expect a potential return of 80.99% based on the average IPG price forecast.

Analyzing the IPG fundamentals

Trailing Twelve Months sales for Interpublic Group Of Cos., Inc. [NYSE:IPG] were 10.86B which represents -1.00% decline. Gross Profit Margin for this corporation currently stands at 0.16% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.29 and Total Capital is 0.17. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.97.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 28.23 points at the first support level, and at 27.95 for the second support level. However, for the 1st resistance point, the stock is sitting at 28.76, and for the 2nd resistance point, it is at 29.01.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Interpublic Group Of Cos., Inc. [NYSE:IPG] is 1.06. In addition, the Quick Ratio stands at 1.06 and the Cash Ratio stands at 0.23. Considering the valuation of this stock, the price to sales ratio is 0.99, the price to book ratio is 2.81 and price to earnings (TTM) ratio is 10.13.

Transactions by insiders

Recent insider trading involved KRAKOWSKY PHILIPPE, CEO, that happened on Feb 27 ’24 when 0.15 million shares were sold. EVP, General Counsel, Bonzani Andrew completed a deal on Feb 27 ’24 to sell 40468.0 shares. Meanwhile, CFO Johnson Ellen Tobi sold 40393.0 shares on Feb 27 ’24.

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