For its third fiscal quarter (ending September 30), Interpublic Group of Cos Inc (NYSE: IPG) has reported E.P.S. of $0.05 compared to $0.64 a year ago. E.P.S. were $2.13 for the latest four quarters through September 30 versus $2.42 for the same period a year ago.
Recent Price Action
Interpublic Group of Cos Inc (NYSE: IPG) stock suffered a large decline of -5.8% on 10/22/24. The stock closed at $29.78. Moreover, exceptionally high trading volume at 253% of normal accompanied the decline. The stock has declined -5.5% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are 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 49 but a poor Appreciation Score of 30, 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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