The Interpublic Group of Companies Inc. [IPG] is -10.68% lower this YTD. Is it still time to buy?

The Interpublic Group of Companies Inc. [NYSE: IPG] slipped around -0.03 points on Wednesday, while shares priced at $33.45 at the close of the session, down -0.09%. The company report on December 12, 2022 that IPG’s Huge Launches Editorially Independent Publication Huge Moves™.

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The Interpublic Group of Companies Inc. stock is now -10.68% down from its year-to-date (YTD) trading value. IPG Stock saw the intraday high of $34.08 and lowest of $33.21 per share. The company’s 52-week high price is 39.98, which means current price is +33.05% above from all time high which was touched on 02/09/22.

Compared to the average trading volume of 3.56M shares, IPG reached a trading volume of 4155146 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 $34.55 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 2.40. 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.

Redburn have made an estimate for The Interpublic Group of Companies Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on September 08, 2022. While these analysts kept the previous recommendation, Exane BNP Paribas raised their target price to Outperform. The new note on the price target was released on August 25, 2022, representing the official price target for The Interpublic Group of Companies Inc. stock. Previously, the target price had yet another drop from $40 to $33, while Wells Fargo kept a Overweight rating on IPG stock.

The Average True Range (ATR) for The Interpublic Group of Companies Inc. is set at 0.79, with the Price to Sales ratio for IPG stock in the period of the last 12 months amounting to 1.20. The Price to Book ratio for the last quarter was 3.84, with the Price to Cash per share for the same quarter was set at 4.54. Price to Free Cash Flow for IPG in the course of the last twelve months was 78.30 with Quick ratio for the last quarter at 1.00.

How has IPG stock performed recently?

The Interpublic Group of Companies Inc. [IPG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.21. With this latest performance, IPG shares gained by 3.08% in over the last four-week period, additionally plugging by 19.25% over the last 6 months – not to mention a drop of -8.73% 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 59.11, with the RSI for the last a single of trading hit 58.46, and the three-weeks RSI is set at 59.54 for The Interpublic Group of Companies Inc. [IPG]. The present Moving Average for the last 50 days of trading for this stock 30.77, while it was recorded at 32.80 for the last single week of trading, and 30.75 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 +14.13 and a Gross Margin at +15.32. The Interpublic Group of Companies Inc.’s Net Margin is presently recorded at +9.30.

Return on Equity for this stock inclined to 29.68, with Return on Assets sitting at 5.02.

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]

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 4.50%.

Insider trade positions for The Interpublic Group of Companies Inc. [IPG]

There are presently around $12,706 million, in the hands of institutional investors. The top three institutional holders of IPG stocks are: VANGUARD GROUP INC with ownership of 49,222,062, which is approximately 0.618% of the company’s market cap and around 0.48% of the total institutional ownership; BLACKROCK INC., holding 40,419,932 shares of the stock with an approximate value of $1.35 billion in IPG stocks shares; and FMR LLC, currently with $745.19 million in IPG stock with ownership of nearly -0.445% of the company’s market capitalization.

301 institutional holders increased their position in The Interpublic Group of Companies Inc. [NYSE:IPG] by around 21,648,387 shares. Additionally, 338 investors decreased positions by around 28,119,708 shares, while 91 investors held positions by with 330,078,665 shares. The mentioned changes placed institutional holdings at 379,846,760 shares, according to the latest SEC report filing. IPG stock had 58 new institutional investments in for a total of 1,272,723 shares, while 95 institutional investors sold positions of 5,002,307 shares during the same period.

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