The Interpublic Group of Companies Inc. [NYSE: IPG] traded at a high on 09/25/20, posting a 3.62 gain after which it closed the day’ session at $16.87.
The results of the trading session contributed to over 5968521 shares changing hands. Over the past one week, the price volatility of The Interpublic Group of Companies Inc. stands at 4.31% while the volatility over the past one month is 3.53%.
The market cap for IPG stock reached $6.35 billion, with 389.40 million shares outstanding and 387.20 million shares in the current float. Compared to the average trading volume of 3.83M shares, IPG reached a trading volume of 5968521 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about The Interpublic Group of Companies Inc. [IPG]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for IPG shares is $20.32 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on IPG stock is a recommendation set at 2.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Evercore ISI have made an estimate for The Interpublic Group of Companies Inc. shares, keeping their opinion on the stock as In-line, with their previous recommendation back on September 09, 2020. While these analysts kept the previous recommendation, Wells Fargo raised their target price to Market Perform. The new note on the price target was released on September 24, 2019, representing the official price target for The Interpublic Group of Companies Inc. stock.
The Average True Range (ATR) for The Interpublic Group of Companies Inc. is set at 0.64, with the Price to Sales ratio for IPG stock in the period of the last 12 months amounting to 0.65. The Price to Book ratio for the last quarter was 2.68, with the Price to Cash per share for the same quarter was set at 2.88. Price to Free Cash Flow for IPG in the course of the last twelve months was 16.08 with Quick ratio for the last quarter at 1.00.
How has IPG stock performed recently?
The Interpublic Group of Companies Inc. [IPG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.38. With this latest performance, IPG shares dropped by -5.81% in over the last four-week period, additionally plugging by 10.91% over the last 6 months – not to mention a drop of -19.36% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for IPG stock in for the last two-week period is set at 42.08, with the RSI for the last a single of trading hit 42.41, and the three-weeks RSI is set at 44.16 for The Interpublic Group of Companies Inc. [IPG]. The present Moving Average for the last 50 days of trading for this stock 18.04, while it was recorded at 16.59 for the last single week of trading, and 18.80 for the last 200 days.
The Interpublic Group of Companies Inc. [IPG]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and The Interpublic Group of Companies Inc. [IPG] shares currently have an operating margin of +10.96 and a Gross Margin at +11.87. The Interpublic Group of Companies Inc.’s Net Margin is presently recorded at +6.42.
Return on Total Capital for IPG is now 15.61, given the latest momentum, and Return on Invested Capital for the company is 10.07. Return on Equity for this stock inclined to 25.38, with Return on Assets sitting at 3.93. When it comes to the capital structure of this company, The Interpublic Group of Companies Inc. [IPG] has a Total Debt to Total Equity ratio set at 180.95. Additionally, IPG Total Debt to Total Capital is recorded at 64.41, with Total Debt to Total Assets ending up at 28.30. Long-Term Debt to Equity for the company is recorded at 151.36, with the Long-Term Debt to Total Capital now at 53.87.
Reflecting on the efficiency of the workforce at the company, The Interpublic Group of Companies Inc. [IPG] managed to generate an average of $12,081 per employee. Receivables Turnover for the company is 1.44 with a Total Asset Turnover recorded at a value of 0.61.The Interpublic Group of Companies Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.00 and a Current Ratio set at 1.00.
Earnings analysis for The Interpublic Group of Companies Inc. [IPG]
With the latest financial reports released by the company, The Interpublic Group of Companies Inc. posted 0.49/share EPS, while the average EPS was predicted by analysts to be reported at 0.47/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 4.30%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for IPG. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for The Interpublic Group of Companies Inc. go to 1.10%.
Insider trade positions for The Interpublic Group of Companies Inc. [IPG]
There are presently around $6,592 million, in the hands of institutional investors. The top three institutional holders of IPG stocks are: VANGUARD GROUP INC with ownership of 44,780,281, which is approximately -1.358% of the company’s market cap and around 0.20% of the total institutional ownership; FMR LLC, holding 43,892,635 shares of the stock with an approximate value of $740.47 million in IPG stocks shares; and BLACKROCK INC., currently with $712.63 million in IPG stock with ownership of nearly -11.886% of the company’s market capitalization.
Positions in The Interpublic Group of Companies Inc. stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 244 institutional holders increased their position in The Interpublic Group of Companies Inc. [NYSE:IPG] by around 40,593,669 shares. Additionally, 258 investors decreased positions by around 43,083,807 shares, while 59 investors held positions by with 307,089,712 shares. The mentioned changes placed institutional holdings at 390,767,188 shares, according to the latest SEC report filing. IPG stock had 63 new institutional investments in for a total of 7,381,858 shares, while 78 institutional investors sold positions of 3,266,702 shares during the same period.