Interpublic Group Of Cos., Inc. [IPG] stock prices are down -0.48% to $31.07 at the moment. 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 1.14% over the last week, with a monthly amount drifted -2.75%, and not seem to be holding up well over a long-time horizon.
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
From an analyst’s perspective:
Interpublic Group Of Cos., Inc. [NYSE: IPG] stock has seen the most recent analyst activity on October 01, 2024, when JP Morgan downgraded its rating to a Neutral and also revised its price target to $33 from $36. Previously, Exane BNP Paribas downgraded its rating to Underperform on September 30, 2024. On September 12, 2024, downgrade downgraded it’s rating to Sell and revised its price target to $29 on the stock. Morgan Stanley downgraded its rating to a Underweight and decreased its price target to $28 on July 22, 2024. UBS initiated its recommendation with a Neutral and recommended $36 as its price target on January 11, 2024. Wells Fargo downgraded its rating to Equal Weight for this stock on July 24, 2023, and downed its price target to $33. In a note dated March 30, 2023, BofA Securities upgraded an Buy rating on this stock and boosted its target price from $38 to $40.
The stock price of Interpublic Group Of Cos., Inc. [IPG] has been fluctuating between $27.20 and $35.17 over the past year. 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 $31.07 at the most recent close of the market. An investor can expect a potential return of 55.04% based on the average IPG price forecast.
Analyzing the IPG fundamentals
The Interpublic Group Of Cos., Inc. [NYSE:IPG] reported sales of 10.91B for trailing twelve months, representing a surge of 1.63%. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.83.
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 30.88 points at the first support level, and at 30.69 for the second support level. However, for the 1st resistance point, the stock is sitting at 31.38, and for the 2nd resistance point, it is at 31.69.
Ratios To Look Out For
It’s worth pointing out that Interpublic Group Of Cos., Inc. [NYSE:IPG]’s Current Ratio is 1.06. In addition, the Quick Ratio stands at 1.06 and the Cash Ratio stands at 0.19. Considering the valuation of this stock, the price to sales ratio is 1.07, the price to book ratio is 3.04 and price to earnings (TTM) ratio is 11.52.
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.
