Interpublic Group Of Cos., Inc (IPG) concluded trading on Wednesday at a closing price of $28.78, with 3.67 million shares of worth about $105.52 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -7.73% during that period and on January 29, 2025 the price saw a loss of about -0.24%. Currently the company’s common shares owned by public are about 376.37M shares, out of which, 371.13M shares are available for trading.
Stock saw a price change of 2.02% in past 5 days and over the past one month there was a price change of 0.81%. Year-to-date (YTD), IPG shares are showing a performance of 2.71% which decreased to -12.73% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $26.30 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 5.65 million. The stock is currently trading 2.84% above its 20-day simple moving average (SMA20), while that difference is up 0.02% for SMA50 and it goes to -4.62% lower than SMA200.
Interpublic Group Of Cos., Inc (NYSE: IPG) currently have 376.37M outstanding shares and institutions hold larger chunk of about 106.90% of that.
The stock has a current market capitalization of $10.72B and its 3Y-monthly beta is at 1.10. PE ratio of stock for trailing 12 months is 13.59, while it has posted earnings per share of $2.12 in the same period. It 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 1.85% while standing at 1.80% over the month.
Stock’s fiscal year EPS is expected to drop by -5.59% while it is estimated to decrease by -2.46% in next year. EPS is likely to shrink at an annualized rate of -1.11% 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 January 27, 2025 offering an Overweight rating for the stock and assigned a target price range of between $32 and $39 to it. Coverage by Barclays stated Interpublic Group Of Cos., Inc (IPG) stock as an Overweight in their note to investors on January 24, 2025, suggesting a price target of $36 for the stock. On January 10, 2025, Exane BNP Paribas Upgrade their recommendations, while on December 10, 2024, Wells Fargo Upgrade their ratings for the stock with a price target of $34. Stock get an Underweight rating from Wells Fargo on October 23, 2024.
