A new trading day began on Friday, with Interpublic Group Of Cos., Inc (NYSE: IPG) stock price up 1.48% from the previous day of trading, before settling in for the closing price of $29.15. IPG’s price has ranged from $26.88 to $35.17 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Communication Services sector was 2.65%. Meanwhile, its annual earnings per share averaged -5.20%. With a float of $371.12 million, this company’s outstanding shares have now reached $378.70 million.
Considering the fact that the conglomerate employs 57400 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 15.21%, operating margin of 11.46%, and the pretax margin is 10.96%.
Interpublic Group Of Cos., Inc (IPG) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Advertising Agencies Industry. The insider ownership of Interpublic Group Of Cos., Inc is 0.37%, while institutional ownership is 105.33%. The most recent insider transaction that took place on Feb 27 ’24, was worth 591,900. In this transaction SVP, Controller & CAO of this company sold 18,382 shares at a rate of $32.20, taking the stock ownership to the 42,390 shares. Before that another transaction happened on Feb 27 ’24, when Company’s CFO sold 40,393 for $32.20, making the entire transaction worth $1,300,655. This insider now owns 88,350 shares in total.
Interpublic Group Of Cos., Inc (IPG) Recent Fiscal highlights
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 1.18 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.34 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -5.20% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.20% during the next five years compared to 12.34% growth over the previous five years of trading.
Interpublic Group Of Cos., Inc (NYSE: IPG) Trading Performance Indicators
Here are Interpublic Group Of Cos., Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.09. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.03. Likewise, its price to free cash flow for the trailing twelve months is 12.12.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.12, a number that is poised to hit 1.17 in the next quarter and is forecasted to reach 2.78 in one year’s time.
Technical Analysis of Interpublic Group Of Cos., Inc (IPG)
Compared to the last year’s volume of 3.99 million, its volume of 5.97 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 70.49%. Additionally, its Average True Range was 0.72.
During the past 100 days, Interpublic Group Of Cos., Inc’s (IPG) raw stochastic average was set at 46.15%, which indicates a significant decrease from 65.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.82% in the past 14 days, which was higher than the 25.02% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $30.37, while its 200-day Moving Average is $30.88. Nevertheless, the first resistance level for the watch stands at $29.84 in the near term. At $30.09, the stock is likely to face the second major resistance level. The third major resistance level sits at $30.49. If the price goes on to break the first support level at $29.19, it is likely to go to the next support level at $28.79. Now, if the price goes above the second support level, the third support stands at $28.54.
Interpublic Group Of Cos., Inc (NYSE: IPG) Key Stats
With a market capitalization of 11.18 billion, the company has a total of 372,509K Shares Outstanding. Currently, annual sales are 10,889 M while annual income is 1,098 M. The company’s previous quarter sales were 2,629 M while its latest quarter income was 20,100 K.
