Interpublic Group Of Cos., Inc (NYSE:IPG) shares traded -2.64% lower at $24.69 on Wall Street last session.
IPG stock price is now 1.16% away from the 50-day moving average and -9.66% away from the 200-day moving average. The market capitalization of the company currently stands at $9.13B.
With the price target maintained at $27.50, Barclays recently Downgraded its rating from Overweight to Equal Weight for Interpublic Group Of Cos., Inc (NYSE: IPG). , while ‘UBS’ rates the stock as ‘Neutral’
In other news, Johnson Ellen Tobi, CFO sold 21,427 shares of the company’s stock on Mar 03 ’25. The stock was sold for $574,672 at an average price of $26.82. Upon completion of the transaction, the CFO now directly owns 143,373 shares in the company, valued at $3.54 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 03 ’25, SVP, Controller & CAO CARROLL CHRISTOPHER F sold 9,000 shares of the business’s stock. A total of $241,380 was realized by selling the stock at an average price of $26.82. This leaves the insider owning 56,623 shares of the company worth $1.4 million. A total of 0.44% of the company’s stock is owned by insiders.
During the past 12 months, Interpublic Group Of Cos., Inc has had a low of $22.51 and a high of $33.05. As of last week, the company has a debt-to-equity ratio of 1.17, a current ratio of 1.07, and a quick ratio of 1.07. According to the stock market information, the enterprise value for the company is $11497306112, which is based on a 18.87 price-to-earnings ratio, a 6.21 price-to-earnings-growth ratio, and a beta of 1.04. The fifty day moving average price for IPG is $24.4076 and a two-hundred day moving average price translates $27.3306 for the stock.
The latest earnings results from Interpublic Group Of Cos., Inc (NYSE: IPG) was released for 2025-03-31. The net profit margin was 4.69% and return on equity was 13.33% for IPG. The company reported revenue of $2.32 billion for the quarter, compared to $2.5 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -6.94 percent.
