A share price of Interpublic Group Of Cos., Inc. [IPG] is currently trading at $32.49, up 0.34%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The IPG shares have gain 3.97% over the last week, with a monthly amount glided 4.17%, and 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 July 22, 2024, when Morgan Stanley downgraded its rating to a Underweight and also revised its price target to $28 from $34. Previously, UBS started tracking the stock with Neutral rating on January 11, 2024, and set its price target to $36. On July 24, 2023, downgrade downgraded it’s rating to Equal Weight and revised its price target to $33 on the stock. BofA Securities upgraded its rating to a Buy and increased its price target to $40 on March 30, 2023. Exane BNP Paribas downgraded its rating to a Neutral but $40 remained the price target by the analyst firm on March 29, 2023. MoffettNathanson downgraded its rating to Market Perform for this stock on February 10, 2023, and upped its price target to $37. In a note dated January 05, 2023, BofA Securities upgraded an Neutral rating on this stock and boosted its target price from $22 to $36.
Interpublic Group Of Cos., Inc. experienced fluctuations in its stock price throughout the past year between $27.20 and $35.17. Currently, Wall Street analysts expect the stock to reach $48.17 within the next 12 months. Interpublic Group Of Cos., Inc. [NYSE: IPG] shares were valued at $32.49 at the most recent close of the market. An investor can expect a potential return of 48.26% based on the average IPG price forecast.
Analyzing the IPG fundamentals
Trailing Twelve Months sales for Interpublic Group Of Cos., Inc. [NYSE:IPG] were 10.91B which represents 1.63% growth. Gross Profit Margin for this corporation currently stands at 0.15% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.27 and Total Capital is 0.17. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.83.
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 32.31 points at the first support level, and at 32.13 for the second support level. However, for the 1st resistance point, the stock is sitting at 32.65, and for the 2nd resistance point, it is at 32.80.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Interpublic Group Of Cos., Inc. [NYSE:IPG] is 1.06. As well, the Quick Ratio is 1.06, while the Cash Ratio is 0.19. Considering the valuation of this stock, the price to sales ratio is 1.12, the price to book ratio is 3.18 and price to earnings (TTM) ratio is 12.05.
Transactions by insiders
Recent insider trading involved CARROLL CHRISTOPHER F, SVP, Controller & CAO, that happened on Feb 27 ’24 when 18382.0 shares were sold. CFO, Johnson Ellen Tobi completed a deal on Feb 27 ’24 to sell 40393.0 shares. Meanwhile, CEO KRAKOWSKY PHILIPPE sold 0.15 million shares on Feb 27 ’24.
