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.
Several price targets were given for IPG by the analysts covering the stock. The maximum price target given was 29, implying a possible profit 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. The average change in earnings estimates over the last 90 days is 1.56 percent. 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.
Another thing investors often look at is the level of agreement among analysts' revisions. 3 analysts have revised their quarterly estimates upwards in the past 30 days, 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, while 7 analysts made negative revisions to their fiscal year's estimates.
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. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of IPG is 3.88.
In the last 52-weeks, IPG has achieved a high of 25.71 and a low of 20.94. Currently the stock is 3.2 percent higher than its low, and 15.95 percent below the high. IPG has a price/earnings 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 market cap of IPG is $8.5 billion. IPG will post this quarters earnings in days, on 0000-00-00.