Interpublic Group of Companies Inc (NYSE:IPG) fell -2.16% during previous trade. Morgan Stanley issued rating on the stock of Interpublic Group of Companies Inc (NYSE:IPG) in a research note issued to investors on Jan-05-17, the stock received “Downgrade” rating from Overweight to Equal-Weight at $26. Additionally Pivotal Research Group issued their verdict on the stock of the company, on record date of Oct-17-16 the stock was “Reiterated” as Buy from $27 to $28 besides that on Oct-07-16 Interpublic Group of Companies Inc (NYSE:IPG) was “Initiated” by RBC Capital Mkts as Top Pick at $27. Furthermore on Sep-15-16 the stock was “Initiated” by Credit Suisse as Outperform.
Interpublic Group of Companies Inc (NYSE:IPG) shares ended last trading session at the price of $23.10 whereas a number of traders indicating mean target price will hit $26 over the next twelve months, mean value of price target most recently revised on 10/24/16. Interpublic Group of Companies Inc (NYSE:IPG)’s highest estimates of price target are $28 and low forecast is $22 based on the opinion of 15 analysts. The price target estimates represents a standard deviation of 1.00. However brokerage recommendations suggests an ABR of 1.14 based on calls of 7 experts, where 6 brokers polls the stock a Strong Buy, 1 suggest the stock a Buy, 0 suggest Hold, 0 are rating the stock as Sell while 0 as Strong Sell.
Interpublic Group of Companies Inc (NYSE:IPG) is expected to release the earnings of its current quarter on 2/10/17. The company is expected to release $0.68 EPS for current quarter according to 12 analysts whereas the company reported $0.66 EPS during same quarter a year ago. For the current quarter the stock has lowest EPS estimates of $0.65 and high estimate of $0.7. For the current year Interpublic Group of Companies Inc (NYSE:IPG) has set to release EPS of $1.32 as per the sentiments of 15 analysts, however according to 16 analysts, the company expected to release $1.45 EPS for next year.
Interpublic Group of Companies Inc (NYSE:IPG)’s average revenue estimates for the current quarter are $2.27B according to 12 number of analysts. However its lowest revenue estimates are $2.23B and highest revenue estimates are $2.29B. A year ago the company’s sales were $2.2B. Its yearly sales growth estimates are 3.20%. For the next quarter the company has anticipated average revenues of $1.8B, according to the sentiments of 8 analysts. For the current year the company has fixed $7.85B revenues, as per the opinion of 15 analysts. For the current year the company has low revenue estimates of $7.8B in contradiction of high revenue estimates of $7.87B. Whereas for the next year revenues are set at $8.13B by 14 analysts.
The stock exchanged hands 5.35M shares versus average trading capacity of 3.47M shares, while its shares’ total market worth is $9.22B along with 39701M outstanding shares. Interpublic Group of Companies Inc (NYSE:IPG) shares were trading -6.02% below from the 52-week high price mark of $24.58 and +19.81% above from the 52-week price bottom of $19.28. However the company observed 52 week high price on 06/23/16 and witnessed 52 week low price on 02/09/16. The company’s price sits -0.67% below from its 50-day moving average of $23.87 and 0.75% far from the stock’s 200-day moving average which is $23.09. Interpublic Group of Companies Inc (NYSE:IPG)’s price to sales ratio for trailing twelve month stands at 1.19, whereas its price to book ratio for most recent quarter sits at 4.73. However the company’s price to cash per share for most recent quarter stands at 10.35. Its price to free cash flow for trailing twelve months is 9.87.