On Monday, Interpublic Group Of Cos., Inc (NYSE: IPG) opened lower -2.24% from the last session, before settling in for the closing price of $30.81. Price fluctuations for IPG have ranged from $26.88 to $35.17 over the past 52 weeks.
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Annual sales at Communication Services sector company grew by 2.65% over the past five years. Company’s average yearly earnings per share was noted -5.24% at the time writing. With a float of $371.12 million, this company’s outstanding shares have now reached $376.37 million.
Let’s look at the performance matrix of the company that is accounted for 57400 employees. 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) Insider Updates
A key investor’s attitude towards the stock of the Advertising Agencies industry is another important factor to consider. The insider ownership of Interpublic Group Of Cos., Inc is 0.37%, while institutional ownership is 105.29%. 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) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 1.18 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 1.14) by 0.04. 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 -5.24% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 1.41% 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
Check out the current performance indicators for Interpublic Group Of Cos., Inc (IPG). In the past quarter, the stock posted 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 12.16.
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)
Interpublic Group Of Cos., Inc (NYSE: IPG) saw its 5-day average volume 5.17 million, a positive change from its year-to-date volume of 4.02 million. As of the previous 9 days, the stock’s Stochastic %D was 86.60%. 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 55.38%, which indicates a significant decrease from 78.45% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.63% in the past 14 days, which was higher than the 25.78% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $30.31, while its 200-day Moving Average is $30.85. Nevertheless, the first resistance level for the watch stands at $30.48 in the near term. At $30.85, the stock is likely to face the second major resistance level. The third major resistance level sits at $31.12. If the price goes on to break the first support level at $29.84, it is likely to go to the next support level at $29.57. Assuming the price breaks the second support level, the third support level stands at $29.20.
Interpublic Group Of Cos., Inc (NYSE: IPG) Key Stats
There are currently 372,509K shares outstanding in the company with a market cap of 11.22 billion. Presently, the company’s annual sales total 10,889 M according to its annual income of 1,098 M. Last quarter, the company’s sales amounted to 2,629 M and its income totaled 20,100 K.
