Interpublic Group Of Cos., Inc (IPG) concluded trading on Thursday at a closing price of $29.40, with 3.58 million shares of worth about $105.19 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -3.70% during that period and on October 31, 2024 the price saw a loss of about -1.84%. Currently the company’s common shares owned by public are about 378.70M shares, out of which, 371.13M shares are available for trading.
Stock saw a price change of -1.64% in past 5 days and over the past one month there was a price change of -5.37%. Year-to-date (YTD), IPG shares are showing a performance of -9.93% which increased to 3.52% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $27.84 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 3.84 million. The stock is currently trading -4.50% below its 20-day simple moving average (SMA20), while that difference is down -5.74% for SMA50 and it goes to -5.66% 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 107.20% of that.
The stock has a current market capitalization of $10.95B and its 3Y-monthly beta is at 1.08. PE ratio of stock for trailing 12 months is 13.88, while it has posted earnings per share of $2.12 in the same period. Its PEG reads 4.39 and has Quick Ratio of 1.09 while making debt-to-equity ratio of 1.15. 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 1.49% while standing at 1.88% over the month.
Stock’s fiscal year EPS is expected to drop by -5.33% while it is estimated to decrease by -1.00% in next year. EPS is likely to shrink at an annualized rate of 3.16% 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 Wells Fargo on October 23, 2024 offering an Underweight rating for the stock and assigned a target price range of between $28 and $26 to it. Coverage by JP Morgan stated Interpublic Group Of Cos., Inc (IPG) stock as a Neutral in their note to investors on October 01, 2024, suggesting a price target of $33 for the stock. On September 30, 2024, Exane BNP Paribas Downgrade their recommendations, while on September 12, 2024, UBS Downgrade their ratings for the stock with a price target of $29. Stock get an Underweight rating from Morgan Stanley on July 22, 2024.
