Interpublic Group Of Cos., Inc [IPG] stock is trading at $30.68, up 3.72%. 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 11.48% over the last week, with a monthly amount glided 2.95%, 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 October 23, 2024, when Wells Fargo downgraded its rating to a Underweight and also revised its price target to $26 from $28. Previously, JP Morgan downgraded its rating to Neutral on October 01, 2024, and dropped its price target to $33. On September 30, 2024, downgrade downgraded it’s rating to Underperform. UBS downgraded its rating to a Sell and decreased its price target to $29 on September 12, 2024. Morgan Stanley downgraded its rating to a Underweight and reduced its price target to $28 on July 22, 2024. UBS started tracking with a Neutral rating for this stock on January 11, 2024, and assigned it a price target of $36. In a note dated July 24, 2023, Wells Fargo downgraded an Equal Weight rating on this stock and revised its target price from $43 to $33.
Interpublic Group Of Cos., Inc [IPG] stock has fluctuated between $26.88 and $35.17 over the past year. Currently, Wall Street analysts expect the stock to reach $47.33 within the next 12 months. Interpublic Group Of Cos., Inc [NYSE: IPG] shares were valued at $30.68 at the most recent close of the market. An investor can expect a potential return of 54.27% based on the average IPG price forecast.
Analyzing the IPG fundamentals
Interpublic Group Of Cos., Inc [NYSE:IPG] reported sales of 10.86B for the trailing twelve months, which represents a drop of -1.86%. Gross Profit Margin for this corporation currently stands at 0.15% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.21 and Total Capital is 0.14. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.79.
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 30.03 points at the first support level, and at 29.39 for the second support level. However, for the 1st resistance point, the stock is sitting at 31.02, and for the 2nd resistance point, it is at 31.37.
Ratios To Look Out For
For context, Interpublic Group Of Cos., Inc’s Current Ratio is 1.09. As well, the Quick Ratio is 1.09, while the Cash Ratio is 0.18. Considering the valuation of this stock, the price to sales ratio is 1.07, the price to book ratio is 3.10 and price to earnings (TTM) ratio is 14.49.
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.
