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.
Investment analysts gave a few price targets for IPG. The maximum price target given was 29, implying potential capital gains of 34.2 percent. The lowest price target was 24, implying a possible loss 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. The average change in earnings estimates over the last 90 days is 1.56 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -1.7 percent, as compared to a month ago. 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. Over the past month, 3 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Over the same time period, 1 analysts revised their FY earnings estimates upwards, 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. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of IPG is 3.88.
IPG has a 52-week high of 25.71 and a 52-week low of 20.94. The current market price is above the trailing year's low by 3.2 percent, and 15.95 percent below the 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.