Interpublic Group of Companies (IPG) Receiving Favorable Media Coverage, Report Shows

Media stories about Interpublic Group of Companies (NYSE:IPG) have been trending positive recently, according to Accern. The research firm ranks the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Interpublic Group of Companies earned a daily sentiment score of 0.31 on Accern’s scale. Accern also assigned news headlines about the business services provider an impact score of 46.6541828776197 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Here are some of the news headlines that may have effected Accern Sentiment’s rankings:

A number of research analysts have weighed in on the company. Zacks Investment Research upgraded Interpublic Group of Companies from a “sell” rating to a “hold” rating in a research note on Tuesday, September 26th. Credit Suisse Group set a $26.00 price target on Interpublic Group of Companies and gave the company a “buy” rating in a research note on Wednesday, October 11th. Morgan Stanley restated a “hold” rating on shares of Interpublic Group of Companies in a research note on Monday, October 16th. Royal Bank of Canada restated a “hold” rating on shares of Interpublic Group of Companies in a research note on Friday, September 29th. Finally, Wells Fargo & Co restated a “buy” rating on shares of Interpublic Group of Companies in a research note on Tuesday, October 24th. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and nine have assigned a buy rating to the stock. Interpublic Group of Companies currently has an average rating of “Hold” and an average target price of $25.77.

Shares of Interpublic Group of Companies (IPG) traded up $0.36 during midday trading on Wednesday, hitting $21.58. The stock had a trading volume of 2,915,384 shares, compared to its average volume of 5,483,800. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.93 and a quick ratio of 0.93. Interpublic Group of Companies has a one year low of $18.30 and a one year high of $25.71. The company has a market cap of $8,390.00, a P/E ratio of 26.64, a P/E/G ratio of 1.31 and a beta of 1.47.

Interpublic Group of Companies (NYSE:IPG) last issued its earnings results on Tuesday, October 24th. The business services provider reported $0.31 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.33 by ($0.02). Interpublic Group of Companies had a return on equity of 27.38% and a net margin of 7.43%. The business had revenue of $1.90 billion for the quarter, compared to the consensus estimate of $1.96 billion. During the same quarter in the prior year, the firm posted $0.31 earnings per share. The business’s revenue was down 1.0% compared to the same quarter last year. equities analysts predict that Interpublic Group of Companies will post 1.39 EPS for the current fiscal year.

In other news, Director H John Greeniaus sold 43,479 shares of Interpublic Group of Companies stock in a transaction that occurred on Friday, November 10th. The stock was sold at an average price of $19.00, for a total transaction of $826,101.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 1.49% of the company’s stock.

WARNING: “Interpublic Group of Companies (IPG) Receiving Favorable Media Coverage, Report Shows” was originally reported by BBNS and is the sole property of of BBNS. If you are reading this article on another website, it was illegally stolen and reposted in violation of United States & international copyright & trademark law. The correct version of this article can be read at https://baseballnewssource.com/markets/interpublic-group-of-companies-ipg-receiving-favorable-media-coverage-report-shows/1843233.html.

About Interpublic Group of Companies

The Interpublic Group of Companies, Inc is a global advertising and marketing services company. The Company specializes in consumer advertising, digital marketing, communications planning and media buying, public relations and specialized communications disciplines. It operates in two segments: Integrated Agency Networks (IAN) and Constituency Management Group (CMG).

Insider Buying and Selling by Quarter for Interpublic Group of Companies (NYSE:IPG)

Receive News & Ratings for Interpublic Group of Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Interpublic Group of Companies and related companies with our FREE daily email newsletter.

 


Latest News

Christian Yelich’s Agent Says Relationship with Marlins is Broken
Christian Yelich’s Agent Says Relationship with Marlins is Broken
Houston Astros Add Starter to Rotation
Houston Astros Add Starter to Rotation
Sources: Mets Bringing Back Jay Bruce with Three-Year Deal
Sources: Mets Bringing Back Jay Bruce with Three-Year Deal
Justin Morneau Former Star With Twins and AL MVP Retires
Justin Morneau Former Star With Twins and AL MVP Retires
MLB Rumor: Pirates Discussing Andrew McCutchen with Mets
MLB Rumor: Pirates Discussing Andrew McCutchen with Mets
Trade Rumor: Manny Machado Could Land With Yankees
Trade Rumor: Manny Machado Could Land With Yankees


Leave a Reply

 
© 2006-2018 BBNS.