(The) giving the company a "outperform" rating. (IPG) has a trading volume of 8.05 Million shares, with an average trading volume of 5610 shares - with shares dropping to a 52 week low of $21.38, and the company's shares hitting a 52 week high of $ 25.16.
The Interpublic Group of Companies, Inc. The company has a 1 Year high price target of $26.93. Wells Fargo & Co reiterated a buy rating on shares of Interpublic Group of Companies in a report on Wednesday, April 12th. They set a "buy" rating and a $28.00 target price on the stock. One analyst has rated the stock with a sell rating, three have issued a hold rating and ten have given a buy rating to the company's stock.
Analysts on average had expected an worldwide organic growth rate of 4.7 percent, according to market research firm FactSet StreetAccount. The company has grown 4.35% in past 3 months and in the last five trades has moved up 0.74%. Latest closing price was 3.52% above its 50-day moving average and 8.52% above its 200-day moving average.
On April 21, 2017, The Interpublic Group of Companies, Inc.
Interpublic Group of Companies Inc (NYSE:IPG), after opening at $24.51, closed at $24.54 by scoring 0.16%. The company reported $0.75 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.08.
In the profitability analysis, net profit margin of the firm was recorded at 7.80% and operating profit margin was calculated at 11.40%. The business had revenue of $2.26 billion for the quarter, compared to the consensus estimate of $2.27 billion. Municipal Employees Retirement System of MI now owns 12,850 shares of the business services provider's stock valued at $287,000 after buying an additional 70 shares in the last quarter. The company's quarterly revenue was up.7% compared to the same quarter previous year. On average, equities analysts forecast that Interpublic Group of Companies will post $1.47 EPS for the current fiscal year.
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In other Interpublic Group of Companies news, CAO Christopher F. Carroll sold 22,000 shares of the business's stock in a transaction that occurred on Wednesday, March 1st. The shares were sold at an average price of $24.51, for a total value of $12,255,000.00. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. LLC now owns 5,723 shares of the company's stock worth $128,000 after buying an additional 2,476 shares during the period. They now have a Dollars 27 price target on the stock. The disclosure for this sale can be found here. Insiders sold 1,354,639 shares of company stock valued at $33,081,398 over the last 90 days. Peak6 Investments Limited Partnership holds 0% in Interpublic Group of Companies Inc (NYSE:IPG) or 4,044 shares. During the same period in the prior year, the firm earned $0.66 earnings per share. Conning Inc. boosted its position in Interpublic Group of Companies by 3.1% in the third quarter. Beta factor, which measures the riskiness of the security, was observed as 1.55. SRB Corp boosted its stake in shares of Interpublic Group of Companies by 15.2% in the third quarter. Financial Engines Advisors L.L.C. now owns 6,332 shares of the company's stock worth $146,000 after buying an additional 982 shares during the period. Sterling Cap Mngmt Ltd Liability Company holds 0.03% of its portfolio in Investment Technology Group (NYSE:ITG) for 174,025 shares. Moreover, Nordea Mngmt has 0% invested in Interpublic Group of Companies Inc (NYSE:IPG). The company's revenue for the quarter was up 3.1% on a year-over-year basis.
Interpublic Group of Companies, Inc. The Firm specializes in consumer advertising, digital marketing, communications planning and media buying, public relations and specialized communications disciplines.