Analyst Ratings for Interpublic Group of Cos. (IPG)Updated: 2017-07-29
Shares of Interpublic Group of Cos. (NYSE:IPG) have received a consensus rating of Overweight from Wall Street analysts. A consensus rating of Overweight was previously issued for IPG last month.
Of the 17 analysts covering the stock, 9 gave it a buy rating, 1 issued an overweight rating, 7 gave a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 4. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
A number of analysts gave price targets for IPG. The most optimistic price target was 29, implying potential capital gains of 34.2 percent. The most pessimistic price target was 24, which equates to a potential downside of 11.06 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 1.56 percent. That number becomes 1.56 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised downwards by -1.7 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -1.36 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 3 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. During this time, 1 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 7 analysts that revised their FY estimates downwards.
Analysts estimate earnings of IPG to grow at a rate of 4.01 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of IPG is 3.88.
IPG has traded between a high of 25.71 and a low of 20.94 over the past year. Today's price is 3.2 percent above the 52-week low, and 15.95 percent lower than its 52-week high. IPG has a P/E ratio of 15.55. Investors typically compare the P/E ratio to a company's peers in the industry. The IPG value stock report compares IPG to some of its peers using value stock charts. The stock has a market capitalization of $8.5 billion. IPG's next earnings release will be on 0000-00-00, which is days away.