Interpublic Group Of Cos., Inc. (IPG) concluded trading on Wednesday at a closing price of $31.07, with 3.61 million shares of worth about $112.06 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -3.36% during that period and on October 02, 2024 the price saw a loss of about -0.48%. Currently the company’s common shares owned by public are about 378.70M shares, out of which, 374.16M shares are available for trading.
Stock saw a price change of 1.14% in past 5 days and over the past one month there was a price change of -2.75%. Year-to-date (YTD), IPG shares are showing a performance of -4.81% which increased to 8.45% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $27.20 but also hit the highest price of $35.17 during that period. The average intraday trading volume for Interpublic Group Of Cos., Inc. shares is 3.92 million. The stock is currently trading -0.39% below its 20-day simple moving average (SMA20), while that difference is down -0.27% for SMA50 and it goes to -0.94% lower than SMA200.
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Interpublic Group Of Cos., Inc. (NYSE: IPG) currently have 378.70M outstanding shares and institutions hold larger chunk of about 106.23% of that.
The stock has a current market capitalization of $11.67B and its 3Y-monthly beta is at 1.08. PE ratio of stock for trailing 12 months is 11.52, while it has posted earnings per share of $2.70 in the same period. Its PEG reads 1.89 and has Quick Ratio of 1.06 while making debt-to-equity ratio of 1.13. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for IPG, volatility over the week remained 2.02% while standing at 2.25% over the month.
Stock’s fiscal year EPS is expected to drop by -4.82% while it is estimated to increase by 1.19% in next year. EPS is likely to shrink at an annualized rate of 6.10% for next 5-years, compared to annual growth of 12.34% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by JP Morgan on October 01, 2024 offering a Neutral rating for the stock and assigned a target price range of between $36 and $33 to it. On September 12, 2024, UBS Downgrade their recommendations, while on July 22, 2024, Morgan Stanley Downgrade their ratings for the stock with a price target of $28. Stock get a Neutral rating from UBS on January 11, 2024.
