Interpublic Group of Companies (IPG) to Release Quarterly Earnings on Wednesday

Interpublic Group of Companies (NYSE:IPG - Get Free Report) is expected to be posting its quarterly earnings results before the market opens on Wednesday, February 12th. Analysts expect Interpublic Group of Companies to post earnings of $1.15 per share and revenue of $2.52 billion for the quarter. Individual that are interested in participating in the company's earnings conference call can do so using this link.

Interpublic Group of Companies Price Performance

Shares of IPG stock traded down $0.24 on Friday, reaching $27.48. The company's stock had a trading volume of 3,826,313 shares, compared to its average volume of 4,899,489. The stock's fifty day simple moving average is $28.56 and its 200-day simple moving average is $29.96. Interpublic Group of Companies has a 1 year low of $26.30 and a 1 year high of $35.17. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.77. The company has a market capitalization of $10.24 billion, a price-to-earnings ratio of 12.96 and a beta of 1.11.

Analyst Ratings Changes

Several research analysts have commented on the stock. BNP Paribas raised shares of Interpublic Group of Companies from an "underperform" rating to an "outperform" rating and set a $38.00 price objective for the company in a research note on Friday, January 10th. StockNews.com assumed coverage on shares of Interpublic Group of Companies in a research note on Wednesday. They set a "hold" rating for the company. JPMorgan Chase & Co. raised shares of Interpublic Group of Companies from a "neutral" rating to an "overweight" rating and lifted their price objective for the stock from $32.00 to $39.00 in a research note on Monday, January 27th. Wells Fargo & Company raised shares of Interpublic Group of Companies from an "underweight" rating to an "equal weight" rating and lifted their price objective for the stock from $26.00 to $34.00 in a research note on Tuesday, December 10th. Finally, Macquarie reaffirmed a "neutral" rating and set a $31.00 price objective on shares of Interpublic Group of Companies in a research note on Tuesday, October 22nd. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $33.75.

About Interpublic Group of Companies

The Interpublic Group of Companies, Inc provides advertising and marketing services worldwide. It operates in three segments: Media, Data & Engagement Solutions, Integrated Advertising & Creativity Led Solutions, and Specialized Communications & Experiential Solutions. The Media, Data & Engagement Solutions segment provides media and communications services, digital services and products, advertising and marketing technology, e-commerce services, data management and analytics, strategic consulting, and digital brand experience under the IPG Mediabrands, UM, Initiative, Kinesso, Acxiom, Huge, MRM, and R/GA brand names.