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: $31.05 to $31.57
• 50-Day Range: $28.89 to $32.61
• 52-Week Range: $27.20 to $35.17
• Volume: 4.23 million shs
• Average Volume: 3.90 million shs
• Market Capitalization: $11.73 billion
• P/E Ratio: 11.06
• Dividend Yield: 4.25%
• Price Target: $33.00
• Consensus Rating: Hold

Interpublic Group of Companies Stock Analysis - MarketRank™

Interpublic Group of Companies scored higher than 88% of companies evaluated by MarketBeat, and ranked 46th out of 354 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: 2.1 / 5
• Analyst Rating: Hold

Consensus Rating

Interpublic Group of Companies has received a consensus rating of Hold. The company's average rating score is 2.13, and is based on 3 buy ratings, 3 hold ratings, and 2 sell ratings.

Amount of Analyst Coverage

Interpublic Group of Companies has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 3.90%

Earnings Growth

Earnings for Interpublic Group of Companies are expected to grow by 3.90% in the coming year, from $2.82 to $2.93 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Interpublic Group of Companies is 11.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.39.

Price to Earnings Ratio vs. Sector

The P/E ratio of Interpublic Group of Companies is 11.06, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 42.01.

Price to Earnings Growth Ratio

Interpublic Group of Companies has a PEG Ratio of 5.17. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Interpublic Group of Companies has a P/B Ratio of 2.97. 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

6.72% 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 6.1.

Change versus previous month

Short interest in Interpublic Group of Companies has recently increased by 2.03%, indicating that investor sentiment is decreasing.

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 4.32%, 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 46.98%. 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 45.05% 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

6.72% 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 6.1.

Change versus previous month

Short interest in Interpublic Group of Companies has recently increased by 2.03%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 0.69

News Sentiment

Interpublic Group of Companies has a news sentiment score of 0.69. 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 news sentiment score is similar to the average news sentiment of Business Services companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for Interpublic Group of Companies this week, compared to 7 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 67% compared to the previous 30 days.

MarketBeat Follows

6 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 4.8% and is now trading at $31.08.
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) released its quarterly earnings data on Wednesday, July, 24th. The business services provider reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.02. Interpublic Group of Companies's revenue was up 1.6% compared to the same quarter last year.
Read the conference call transcript.

Does Interpublic Group of Companies have any subsidiaries?

Interpublic Group of Companies subsidiaries include Acxiom, FUSE, CUBOCC, Huge, Reprise Media, Deutsch, Acxiom LLC, and others.

Who are Interpublic Group of Companies' major shareholders?

Interpublic Group of Companies' top institutional shareholders include Bank of New York Mellon Corp (2.68%), Black Creek Investment Management Inc. (2.53%), Dimensional Fund Advisors LP (1.81%) and Ariel Investments LLC (1.51%). Insiders that own company stock include Philippe Krakowsky, Mary Guilfoile, Ellen Tobi Johnson, Andrew Bonzani, Christopher F Carroll, Jocelyn Carter-Miller, Dawn E Hudson and Michael Isor Roth.
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 Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Micron Technology (MU), Athabasca Oil (ATH) and NIC (EGOV).

Company Calendar

• Last Earnings: 7/24/2024
• Ex-Dividend for 9/17 Dividend: 9/03/2024
• Dividend Payable: 9/17/2024
• Today: 9/18/2024
• Next Earnings (Estimated): 10/18/2024
• 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: $33.00
• High Stock Price Target: $40.00
• Low Stock Price Target: $28.00
• Potential Upside/Downside: +6.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.13
• Research Coverage: 8 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.81
• Trailing P/E Ratio: 11.06
• Forward P/E Ratio: 11.02
• P/E Growth: 5.17
• Net Income: $1.10 billion
• Net Margins: 9.46%
• Pretax Margin: 13.02%
• Return on Equity: 27.98%
• Return on Assets: 6.15%

Debt

• Debt-to-Equity Ratio: 0.75
• Current Ratio: 1.07
• Quick Ratio: 1.06

Sales & Book Value

• Annual Sales: $10.91 billion
• Price / Sales: 1.08
• Cash Flow: $3.85 per share
• Price / Cash Flow: 8.08
• Book Value: $10.45 per share
• Price / Book: 2.97

Miscellaneous

• Outstanding Shares: 377,424,000
• Free Float: 375,839,000
• Market Cap: $11.73 billion
• Optionable: Optionable
• Beta: 1.10