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2 Attractive Large Caps on Sale After Q2 Earnings

Written by MarketBeat Staff
July 31, 2023

Key Points

  • For S&P 500 companies that fell short of Wall Street’s Q2 forecasts, macroeconomic weakness, soft demand and cost inflation are common themes.
  • Interpublic Group of Companies fell short on revenue, impacted by macro uncertainty that caused clients to spend cautiously during the period.
  • In the back half of the year, IPG is expected to return to top line growth thanks to some large new business wins.
  • Equifax reported slightly lower-than-expected revenue, leading to a $20 share price selloff that extended to a 15% downturn last week. 
  • Equifax is trading at 23x next year’s earnings estimate - well below its five-year average P/E ratio of 30x, a reversion to which implies 30% upside.
  • Interested in Interpublic Group of Companies? Here are five stocks we like better.

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Should You Invest $1,000 in Interpublic Group of Companies Right Now?

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While Interpublic Group of Companies currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Interpublic Group of Companies (IPG)
4.4735 of 5 stars		$28.72-0.2%4.60%13.54Hold$33.75
Equifax (EFX)
4.9149 of 5 stars		$278.56+2.7%0.56%61.90Moderate Buy$310.88
Bristol-Myers Squibb (BMY)
4.8364 of 5 stars		$59.11+0.1%4.20%-16.46Hold$56.60
Pfizer (PFE)
4.9883 of 5 stars		$26.89+1.0%6.25%36.34Moderate Buy$31.92
Berkshire Hathaway (BRK.B)
0.7638 of 5 stars		$472.37+0.7%N/A9.54Moderate Buy$457.50
Acxiom (ACXM)N/A$48.48flatN/AN/AN/AN/A
Compare These Stocks  Add These Stocks to My Watchlist 

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