Economy

Quarterly EPS analysis of Interpublic Group of Companies, Inc. (The) (NYSE:IPG)

TX raised its position in shares of Interpublic Group of Cos.by 6.4% in the second quarter. (The) in a report released on Wednesday, according to Zacks Investment Research. It also increased its holding in Starwood Ppty Tr Inc (NYSE:STWD) by 136,958 shares in the quarter, for a total of 1.25 million shares, and has risen its stake in Coresite Rlty Corp (NYSE:COR). The company was maintained on Monday, April 24 by Telsey Advisory Group. (The)'s FY2018 earnings at $1.57 EPS, FY2019 earnings at $1.75 EPS, FY2020 earnings at $1.94 EPS and FY2021 earnings at $2.12 EPS. The business services provider reported $0.31 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.33 by ($0.02). (The) had a return on equity of 27.38% and a net margin of 7.43%.

The consensus recommendation - averaging the work of 20 analysts - of 1.9 for Burlington Stores, Inc. (The)'s revenue for the quarter was down 1.0% compared to the same quarter a year ago. The stock of Interpublic Group of Companies Inc (NYSE:IPG) has "Hold" rating given on Wednesday, October 21 by Pivotal Research. TRADEMARK VIOLATION NOTICE: This article was originally posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this news story on another publication, it was copied illegally and republished in violation of worldwide copyright law. (IPG) has a market cap of $7.42 billion and over the last 12 months, The Interpublic Group of Companies, Inc. It dropped, as 47 investors sold IPG shares while 160 reduced holdings. Alpha Windward Ltd has invested 0.02% of its portfolio in Interpublic Group of Companies Inc (NYSE:IPG). The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold. The stock of Interpublic Group of Companies Inc (NYSE:IPG) earned "Top Pick" rating by RBC Capital Markets on Friday, January 6. Wall Street experts also assign a $69.9 price target on Merck & Co., Inc., pointing towards a 24.69% rally from current levels. As per Wednesday, October 11, the company rating was maintained by Credit Suisse. RBC Capital Markets initiated Interpublic Group of Companies Inc (NYSE:IPG) on Friday, October 7 with "Top Pick" rating. The stock has "Hold" rating by Argus Research on Tuesday, October 31. (The) has an average rating of "Hold" and a consensus price target of $25.77. Similarly, the company's last 5 years high P/E ratio is 29.25 and low P/E is 11.76, whereas, the industry's and sector's high P/E for the past year is 35.57 and 35.27 respectively and low P/E ratio for the last 5 years is 7.97 for the industry and 13.22 for the Sector. (NYSE:IPG) on November 3, 2017 saw no change, closing the day at $18.93.Volume levels spiked and IPG actually managed a breakout which translated to 8.22 million shares changing hands on the day. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.63. The P/E Ratio for IPG is 13.15. The other 17 are split, though not evenly, between analysts who think you should buy its stock versus those who think you should sell it.

The Interpublic Group of Companies, Inc. (The) by 755.0% in the second quarter. Strs Ohio now owns 300,263 shares of the business services provider's stock worth $6,242,000 after buying an additional 276,114 shares during the last quarter. Moreover, Pictet Asset Management Limited has 0.02% invested in Interpublic Group of Companies Inc (NYSE:IPG). (The) by 14.7% during the second quarter. Janus Henderson Group PLC now owns 1,815,832 shares of the business services provider's stock valued at $44,669,000 after buying an additional 1,773,561 shares during the last quarter. Global X Management Co. Boston Advisors LLC bought a new stake in shares of Interpublic Group of Companies, Inc. The Ack Asset Management Llc holds 148,000 shares with $22.14M value, up from 145,000 last quarter. Wells Fargo maintained Interpublic Group of Companies Inc (NYSE:IPG) on Monday, July 17 with "Buy" rating. (The) by 2.7% during the second quarter. Exane Derivatives now owns 5,634 shares of the business services provider's stock valued at $139,000 after acquiring an additional 3,631 shares in the last quarter. They see The Interpublic Group of Companies, Inc. (The) by 22.7% during the second quarter. Goldman Sachs Group Inc. now owns 8,547,989 shares of the business services provider's stock valued at $210,280,000 after buying an additional 1,503,316 shares during the last quarter.

Merck & Co., Inc.is maintained at an average outperform rating by 20 stock analysts, and there are at least 0.7% of shares outstanding that are now legally short sold. (The) stock in a transaction that occurred on Monday, August 21st. The stock closing price is now trading downward to its 50 day moving average with change of -7.36%, tumbled to its 20 day moving average with figure of -6.80% and behind its 200 day moving average with value -17.81%. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. California Employees Retirement Sys has 0.04% invested in Interpublic Group of Companies Inc (NYSE:IPG).



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