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.
Many analysts weighed in on price targets for IPG. The most optimistic analyst gave a price target of 29, implying a possible profit of 34.2 percent. The most pessimistic analyst gave a price target of 24, implying potential capital losses of 11.06 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change 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. Meanwhile, fiscal year estimates have been revised downwards by -1.7 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -1.36 percent in FY estimates.
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, while 0 analysts made negative revisions. Over the same time period, 1 analysts revised their FY earnings estimates upwards, while 7 analysts decreased their estimates.
The growth rate of IPG's earnings is estimated by analysts to be 4.01 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. 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 below the high by 15.95 percent. 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 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.