For its first fiscal quarter (ending March 31), Interpublic Group of Cos Inc (NYSE: IPG) has reported E.P.S. of $0.29 compared to $0.33 a year ago. E.P.S. were $2.83 for the latest four quarters through March 31 versus $2.32 for the same period a year ago.
Recent Price Action
On 4/24/24, Interpublic Group of Cos Inc (NYSE: IPG) stock increased 1.3%, closing at $31.40. Moreover, above average trading volume at 126% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 3.5% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, IPG is expected to continue to be a major Value Builder.
Interpublic Group of has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Interpublic Group of has a neutral Power Rating of 47 but a poor Appreciation Score of 28, triggering the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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