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 most optimistic analyst gave a price target of 29, which equates to a potential upside of 34.2 percent. The minimum price target given was 24, implying potential capital losses of 11.06 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 1.56 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 1.56 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -1.7 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -1.36 percent.
People are often interested in whether analysts were united in the direction of their 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 decreased their estimates.
IPG has an estimated earnings growth rate of 4.01 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. IPG has a PEG ratio of 3.88.
IPG has traded between a high of 25.71 and a low of 20.94 over the past year. Currently the stock is 3.2 percent higher than its low, and 15.95 percent lower than its 52-week 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.