Interpublic Group of Companies (IPG) Stock Price, News & Analysis

Company Overview

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. The Integrated Advertising & Creativity Led Solutions segment offers advertising, corporate, and brand identity services; and strategic consulting under FCB, IPG Health, McCann Worldgroup, and MullenLowe Group brands. Specialized Communications & Experiential Solutions segment provides public relations and other specialized communications services, live events, sports and entertainment marketing, and strategic consulting under IPG DXTRA Health, The Weber Shandwick Collective, Golin, Jack Morton, Momentum, and Octagon brand names. The company was formerly known as McCann-Erickson Incorporated and changed its name to The Interpublic Group of Companies, Inc. in January 1961. The Interpublic Group of Companies, Inc. was founded in 1902 and is headquartered in New York, New York.

Key Stats

• Today's Range: $28.42 to $29.34
• 50-Day Range: $27.10 to $32.06
• 52-Week Range: $26.88 to $35.17
• Volume: 20.51 million shs
• Average Volume: 4.34 million shs
• Market Capitalization: $10.83 billion
• P/E Ratio: 13.71
• Dividend Yield: 4.54%
• Price Target: $31.71
• Consensus Rating: Reduce

Interpublic Group of Companies Stock Analysis - MarketRank™

Interpublic Group of Companies scored higher than 80% of companies evaluated by MarketBeat, and ranked 69th out of 333 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.9 / 5
• Analyst Rating: Reduce

Consensus Rating

Interpublic Group of Companies has received a consensus rating of Reduce. The company's average rating score is 1.75, and is based on 1 buy rating, 4 hold ratings, and 3 sell ratings.

Amount of Analyst Coverage

Interpublic Group of Companies has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -2.85%

Earnings Growth

Earnings for Interpublic Group of Companies are expected to decrease by -2.85% in the coming year, from $2.81 to $2.73 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Interpublic Group of Companies is 13.71, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.36.

Price to Earnings Ratio vs. Sector

The P/E ratio of Interpublic Group of Companies is 13.71, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 28.29.

Price to Book Value per Share Ratio

Interpublic Group of Companies has a P/B Ratio of 2.78. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

7.84% of the float of Interpublic Group of Companies has been sold short.

Short Interest Ratio / Days to Cover

Interpublic Group of Companies has a short interest ratio ("days to cover") of 5.8.

Change versus previous month

Short interest in Interpublic Group of Companies has recently increased by 15.84%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 5.0 / 5
• Dividend Strength: Strong

Dividend Leadership

Interpublic Group of Companies is a leading dividend payer. It pays a dividend yield of 4.53%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Interpublic Group of Companies has been increasing its dividend for 13 years.

Dividend Coverage

The dividend payout ratio of Interpublic Group of Companies is 62.26%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Interpublic Group of Companies will have a dividend payout ratio of 48.35% next year. This indicates that Interpublic Group of Companies will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.8 / 5
• Environmental Score: -0.72

Percentage of Shares Shorted

7.84% of the float of Interpublic Group of Companies has been sold short.

Short Interest Ratio / Days to Cover

Interpublic Group of Companies has a short interest ratio ("days to cover") of 5.8.

Change versus previous month

Short interest in Interpublic Group of Companies has recently increased by 15.84%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 0.81

News Sentiment

Interpublic Group of Companies has a news sentiment score of 0.81. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Interpublic Group of Companies this week, compared to 9 articles on an average week.

Search Interest

5 people have searched for IPG on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days.

MarketBeat Follows

8 people have added Interpublic Group of Companies to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Interpublic Group of Companies insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.42% of the stock of Interpublic Group of Companies is held by insiders.

Percentage Held by Institutions

98.43% of the stock of Interpublic Group of Companies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

IPG Stock Analysis - Frequently Asked Questions

How have IPG shares performed this year?

Interpublic Group of Companies' stock was trading at $32.64 at the beginning of 2024. Since then, IPG stock has decreased by 10.9% and is now trading at $29.07.
View the best growth stocks for 2024 here.

How were Interpublic Group of Companies' earnings last quarter?

The Interpublic Group of Companies, Inc. (NYSE:IPG) announced its quarterly earnings data on Tuesday, October, 22nd. The business services provider reported $0.70 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.70. Interpublic Group of Companies's quarterly revenue was down 2.9% compared to the same quarter last year.
Read the conference call transcript.

Does Interpublic Group of Companies have any subsidiaries?

The following companies are subsidiaries of Interpublic Group of Companies: Acxiom, FUSE, CUBOCC, Huge, Reprise Media, Deutsch, Acxiom LLC, and others.

Who are Interpublic Group of Companies' major shareholders?

Top institutional shareholders of Interpublic Group of Companies include State Street Corp (8.01%), FMR LLC (4.39%), Charles Schwab Investment Management Inc. (3.34%) and Geode Capital Management LLC (2.54%). Insiders that own company stock include Philippe Krakowsky, Mary Guilfoile, Ellen Tobi Johnson, Andrew Bonzani, Christopher F Carroll, Jocelyn Carter-Miller and Dawn E Hudson.
View institutional ownership trends.

How do I buy shares of Interpublic Group of Companies?

Shares of IPG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Interpublic Group of Companies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Interpublic Group of Companies investors own include Chevron (CVX), Bristol-Myers Squibb (BMY), Comcast (CMCSA), Charles Schwab (SCHW), McKesson (MCK), Yum! Brands (YUM) and Edwards Lifesciences (EW).

Company Calendar

• Last Earnings: 10/22/2024
• Ex-Dividend for 12/16 Dividend: 12/02/2024
• Dividend Payable: 12/16/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Business Services
• Industry: Advertising agencies
• Sub-Industry: Advertising
• Current Symbol: NYSE:IPG
• CUSIP: 46069010
• CIK: 51644
• Web: www.interpublic.com
• Phone: (212) 704-1200
• Fax: 212-704-1201
• Employees: 57,400
• Year Founded: 1930

Price Target and Rating

• Average Stock Price Target: $31.71
• High Stock Price Target: $35.00
• Low Stock Price Target: $28.00
• Potential Upside/Downside: +9.1%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.75
• Research Coverage: 8 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.12
• Trailing P/E Ratio: 13.71
• Forward P/E Ratio: 10.35
• P/E Growth: N/A
• Net Income: $1.10 billion
• Net Margins: 7.44%
• Pretax Margin: 10.96%
• Return on Equity: 27.76%
• Return on Assets: 6.12%

Debt

• Debt-to-Equity Ratio: 0.77
• Current Ratio: 1.09
• Quick Ratio: 1.09

Sales & Book Value

• Annual Sales: $10.86 billion
• Price / Sales: 1.00
• Cash Flow: $3.69 per share
• Price / Cash Flow: 7.87
• Book Value: $10.45 per share
• Price / Book: 2.78

Miscellaneous

• Outstanding Shares: 372,509,000
• Free Float: 370,944,000
• Market Cap: $10.83 billion
• Optionable: Optionable
• Beta: 1.10