Interpublic Group of Companies, Inc. (The) (NYSE:IPG) Receiving Positive Press Coverage, Analysis Finds

News headlines about Interpublic Group of Companies, Inc. (The) (NYSE:IPG) have trended positive on Saturday, Accern reports. The research firm rates the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Interpublic Group of Companies, Inc. (The) earned a news sentiment score of 0.39 on Accern’s scale. Accern also assigned media stories about the business services provider an impact score of 45.696258911353 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Interpublic Group of Companies, Inc. (NYSE IPG) traded down 0.89% on Friday, reaching $20.01. 6,187,351 shares of the company were exchanged. Interpublic Group of Companies, Inc. has a 12-month low of $19.57 and a 12-month high of $25.71. The company’s 50-day moving average price is $20.66 and its 200-day moving average price is $23.47. The stock has a market capitalization of $7.87 billion, a P/E ratio of 14.41 and a beta of 1.53.

Interpublic Group of Companies, Inc. (The) (NYSE:IPG) last announced its quarterly earnings results on Tuesday, July 25th. The business services provider reported $0.27 EPS for the quarter, missing the Zacks’ consensus estimate of $0.34 by ($0.07). The business had revenue of $1.88 billion for the quarter, compared to the consensus estimate of $1.95 billion. Interpublic Group of Companies, Inc. (The) had a net margin of 7.19% and a return on equity of 27.72%. The business’s revenue for the quarter was down 1.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.33 EPS. Equities research analysts anticipate that Interpublic Group of Companies, Inc. will post $1.43 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, September 15th. Stockholders of record on Friday, September 1st were paid a $0.18 dividend. The ex-dividend date was Wednesday, August 30th. This represents a $0.72 annualized dividend and a dividend yield of 3.60%. Interpublic Group of Companies, Inc. (The)’s payout ratio is 51.80%.

IPG has been the topic of a number of research reports. Macquarie lowered shares of Interpublic Group of Companies, Inc. (The) from an “outperform” rating to a “neutral” rating and reduced their target price for the stock from $28.00 to $24.00 in a research report on Tuesday, June 6th. Jefferies Group LLC restated a “buy” rating and issued a $27.00 price objective on shares of Interpublic Group of Companies, Inc. (The) in a report on Monday, May 22nd. BidaskClub lowered shares of Interpublic Group of Companies, Inc. (The) from a “buy” rating to a “hold” rating in a report on Monday, July 31st. Morgan Stanley restated an “equal weight” rating and issued a $24.00 price objective (down from $26.00) on shares of Interpublic Group of Companies, Inc. (The) in a report on Wednesday, July 26th. Finally, Argus cut their price objective on shares of Interpublic Group of Companies, Inc. (The) from $28.00 to $27.00 and set a “buy” rating on the stock in a report on Wednesday, July 26th. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and ten have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $26.00.

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In other news, SVP Ellen Tobi Johnson sold 20,000 shares of the company’s stock in a transaction on Monday, August 21st. The shares were sold at an average price of $20.50, for a total value of $410,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Julie Connors sold 5,854 shares of the company’s stock in a transaction on Thursday, June 22nd. The stock was sold at an average price of $24.26, for a total transaction of $142,018.04. Following the completion of the sale, the senior vice president now owns 10,592 shares of the company’s stock, valued at approximately $256,961.92. The disclosure for this sale can be found here. Corporate insiders own 1.49% of the company’s stock.

About Interpublic Group of Companies, Inc. (The)

The Interpublic Group of Companies, Inc is a global advertising and marketing services company. The Company specializes in consumer advertising, digital marketing, communications planning and media buying, public relations and specialized communications disciplines. It operates in two segments: Integrated Agency Networks (IAN) and Constituency Management Group (CMG).

Insider Buying and Selling by Quarter for Interpublic Group of Companies, Inc. (The) (NYSE:IPG)

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