Earnings Estimates Highlights: Interpublic Group of Companies Inc (NYSE:IPG)
Feb 10 2017 by Johnny Bowman
The stock gained a consensus recommendation of 1.29 on Zacks Investment Research where the scale runs from 1 to 5, 1 representing Strong buy and 5 showing Strong Sell. The share price of the stock surged 123.72% for the year. EPS or Earning per Share stands at $1.34.
According to consensus agreement of 12 analysts Interpublic Group of Companies Inc (NYSE:IPG) will report earnings per share of $0.67 in their quarterly report and it is expected to announce the company's results on 2/10/17 Before Market Open. The Interpublic Group of Companies, Inc. was founded in 1902 and is headquartered in New York, New York. (NYSE:IPG) now has a consensus Price Target of $26.13. Signaturefd LLC increased its stake in Interpublic Group of Companies, Inc. (The) from a "sell" rating to a "hold" rating in a research report on Monday, January 9th.
Interpublic Group of Companies Inc (NYSE:IPG) soared 0.91% or +0.21 points during previous trade after opening at the price of $23.09, a total of 4.17M shares exchanged hands compared with its average trading volume of 3.30M shares. (The) in a report on Thursday, October 27th. The company was formerly known as McCann-Erickson Incorporated and changed its name to The Interpublic Group of Companies, Inc.in January 1961. (The) in a research report on Thursday, January 12th. The Stock now has the market capitalization of $9.25 Billion, P/E (price to earnings ttm) of 17.33 and Weekly volatility of 1.61% and monthly volatility of 1.58% respectively. (The) by 0.5% in the third quarter. The firm current ratio calculated as 1.00, this value is acceptable if it lies in 1.3% to 3%. Finally, Morgan Stanley cut shares of Interpublic Group of Companies, Inc. (The) by 5.8% in the third quarter. The shares have accelerated in recent weeks, with their price up about 3.69% in the past three months. (The) during the third quarter worth about $43,244,000. The correct version of this story can be read at https://www.com-unik.info/2017/02/10/interpublic-group-of-companies-inc-the-ipg-position-boosted-by-echo-street-capital-management-llc.html. (The) by 68.7% in the third quarter. (NYSE:IPG) traded with the volume of 4.17 Million in the previous trading session. Finally, Conning Inc. increased its stake in Interpublic Group of Companies, Inc. The stock went up 4.81% at some stage in past quarter. The company reported its last quarter on Sep 16. LLC raised its position in shares of Interpublic Group of Companies, Inc. (NYSE:IPG) has a market capitalization of 9.12 Billion. (IPG) have shown a high EPS growth of 18.40% in the last 5 years and has earnings decline of -2.50% yoy. (IPG) closed 0.96% above its 200-day moving average and is -1.6% below another chart threshold, its 50-day moving average.
ILLEGAL ACTIVITY NOTICE: This story was originally published by Community Financial News and is the sole property of of Community Financial News. If you are viewing this piece on another publication, it was stolen and reposted in violation of U.S. & worldwide copyright laws. (IPG) reported Q2 earnings of $0.33, matching consensus estimates of $0.33. (IPG) is a global advertising and marketing services company.
However, IPG forms an integral part of the communications industry, which is highly competitive in nature and is susceptible to market risks of losing contracts related to media purchases and production costs. The Company operates through two segments: Integrated Agency Networks (IAN) and Constituency Management Group (CMG).