Interpublic Group Of Cos., Inc (IPG) concluded trading on Thursday at a closing price of $29.20, with 5.02 million shares of worth about $146.73 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -7.68% during that period and on November 14, 2024 the price saw a loss of about -0.31%. 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 -2.89% in past 5 days and over the past one month there was a price change of -8.55%. Year-to-date (YTD), IPG shares are showing a performance of -10.54% which decreased to -2.24% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $28.00 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 3.66 million. The stock is currently trading -2.53% below its 20-day simple moving average (SMA20), while that difference is down -4.88% for SMA50 and it goes to -5.86% 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 104.79% of that.
The stock has a current market capitalization of $10.88B and its 3Y-monthly beta is at 1.08. PE ratio of stock for trailing 12 months is 13.79, while it has posted earnings per share of $2.12 in the same period. Its PEG reads 3.28 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 1.67% while standing at 2.00% over the month.
Stock’s fiscal year EPS is expected to drop by -5.20% while it is estimated to decrease by -2.01% in next year. EPS is likely to shrink at an annualized rate of 4.20% 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.
