Interpublic Group Of Cos., Inc (NYSE: IPG) is -5.57% lower on its value in year-to-date trading and has touched a low of $26.30 and a high of $35.17 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The IPG stock was last observed hovering at around $27.40 in the last trading session, with the day’s loss setting it -0.94%.
Currently trading at $26.46, the stock is -3.74% and -5.25% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.1 million and changing -3.43% at the moment leaves the stock -11.25% off its SMA200. IPG registered -16.64% loss for a year compared to 6-month loss of -18.23%.
The stock witnessed a -7.84% gain in the last 1 month and extending the period to 3 months gives it a -13.61%, and is -4.03% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.11% over the week and 2.36% over the month.
Interpublic Group Of Cos., Inc (IPG) has around 53300 employees, a market worth around $9.86B and $10.69B in sales. Current P/E ratio is 14.48 and Fwd P/E is 9.27. Profit margin for the company is 6.45%. Distance from 52-week low is 0.61% and -24.77% from its 52-week high. The company has generated returns on investments over the last 12 months (8.87%).
with sales reaching $1.98B over the same period.The EPS is expected to shrink by -4.32% this year, but quarterly earnings will post -2.75% year-over-year. Quarterly sales are estimated to shrink -9.12% in year-over-year returns.
Interpublic Group Of Cos., Inc (IPG) Top Institutional Holders
The shares outstanding are 372.40M, and float is at 371.25M with Short Float at 6.23%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 46.06 million shares valued at $1.34 billion. The investor’s holdings represent 12.2391% of the IPG Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 43.36 million shares valued at $1.26 billion to account for 11.5235 of the shares outstanding. The other top investors are STATE STREET CORP which holds 25.92 million shares representing 6.8892% and valued at over $754.13 million, while BANK OF AMERICA CORP /DE/ holds 5.6037 of the shares totaling 21.09 million with a market value of $613.41 million.
Interpublic Group Of Cos., Inc (IPG) Insider Activity
A total of 0 insider transactions have happened at Interpublic Group Of Cos., Inc (IPG) in the last six months, with sales accounting for 0 and purchases happening 0 times.
Interpublic Group Of Cos., Inc (IPG): Who are the competitors?
The company’s main competitors (and peers) include Trade Desk Inc. Cl A (TTD) that is trading -19.51% down over the past 12 months. Gartner Inc. (IT) that is 4.55% higher over the same period.
