Interpublic Group Of Cos., Inc (NYSE:IPG) shares, rose in value on Wednesday, January 22, with the stock price down by -0.04% to the previous day’s close as strong demand from buyers drove the stock to $28.21.
Actively observing the price movement in the last trading, the stock closed the session at $28.22, falling within a range of $27.87 and $28.31. The value of beta (5-year monthly) was 1.09 whereas the PE ratio was 13.32 over 12-month period. Referring to stock’s 52-week performance, its high was $35.17, and the low was $26.30. On the whole, IPG has fluctuated by -2.96% over the past month.
With the market capitalization of Interpublic Group Of Cos., Inc currently standing at about $10.51 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 1.32, with its dividend yield at 4.68%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 9.29B, with a low estimate of 2.5B and a high estimate of 2.56B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 2.53B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that IPG’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 7.01, with the price of IPG currently trading nearly 1.01% and -2.25% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 49.43, while the 7-day volatility ratio is showing 1.57% which for the 30-day chart, stands at 1.94%. Furthermore, Interpublic Group Of Cos., Inc (IPG)’s beta value is 1.10, and its average true range (ATR) is 0.62.
A comparison of Interpublic Group Of Cos., Inc (IPG) with its peers suggests the former has fared considerably weaker in the market. IPG showed an intraday change of -0.04% in last session, and over the past year, it shrunk by -11.43%%.
Data on historical trading for Interpublic Group Of Cos., Inc (NYSE:IPG) indicates that the trading volumes over the past 10 days have averaged 5.39 and over the past 3 months, they’ve averaged 5.79 million. According to company’s latest data on outstanding shares, there are 376.37 million shares outstanding.
Nearly 0.37% of Interpublic Group Of Cos., Inc’s shares belong to company insiders and institutional investors own 104.97% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 24.45 million shares as on 2024-12-31, resulting in a short ratio of 3.24. According to the data, the short interest in Interpublic Group Of Cos., Inc (IPG) stood at 856.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 29.1 million. The stock has risen by 0.68% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the IPG stock heading into the next quarter.
