The Interpublic Group of Companies Inc. (IPG) Stock: Should Investors Follow These Insider Trades?

The Interpublic Group of Companies Inc. (NYSE:IPG) saw a downside of -0.57% to $36.67 after subtracting -$0.21 on Wednesday. The 5-day average trading volume is 2,294,666 shares of the company’s common stock. It has gained $38.19 in the past week. An average of 3,075,621 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 3,096,876.

IPG’s 1-month performance is -0.35% or -$0.34 on its low of $35.67 reached on 09/20/21. The company’s shares have touched a 52-week low of $17.43 and high of $39.35, with the stock’s rally to the 52-week high happening on 09/27/21. YTD, IPG has achieved 56.80% or $13.15. However, the current price is down -6.81%% from the 52-week high price.


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Insider Transactions

On Jul 28, 77 days have gone by since the last insider trading activity for The Interpublic Group of Companies Inc. (IPG). ROTH MICHAEL ISOR (Executive Chairman) most recently sold 200,000 shares at $35.27 per share on Jul 28. This transaction cost the insider $7,054,000. Director, GUILFOILE MARY, sold 12,075 shares at a price of $33.45 on May 27. Then, on May 04, Executive Chairman ROTH MICHAEL ISOR sold 100,000 shares at a price of $32.49 per share. This transaction amounted to $3,249,000.

Valuation Metrics

The company’s PE ratio for the last five years has touched a high of 34.01 and a low of 7.497. IPG stock has a beta of 1.04. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.56 while the price-to-book (PB) in the most recent quarter is 4.73, with the price to cash flow ratio at 7.92.

The Interpublic Group of Companies Inc. pays an annual dividend of $1.08 per share. Its dividend yield is 2.95% and the payout ratio is 55.00%. IPG’s most recent quarterly dividend payment was made on Sep. 15, when it paid $0.27 a share compared with prior rate of $0.27, down 0.0% from last year’s. The company has boosted its dividend for the last 9 consecutive years with the latest dividend increase of $0.0150 reported on Wednesday February 10 2021. Measured over the last 3 years, the Dividend has been growing by 41.67% yearly.

It is projected that The Interpublic Group of Companies Inc.’s next ex-dividend date will be on 1-Dec. IPG is expected to distribute $0.27 as its next dividend.

The Interpublic Group of Companies Inc.’s quick ratio for the period ended June 29 was 1.00, with the current ratio over the same period at 1.00 meaning that IPG stock is able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.95, while the total debt to equity was 1.13. In terms of profitability, the gross margin trailing 12 months is 18.80%. The trailing 12-month EBITDA margin is 14.27% while for the period ending June 29; The Interpublic Group of Companies Inc.’s operating margin was 10.50%. The firm’s gross profit as reported stood at $1.35 billion against revenue of $9.06 billion.

Earnings Surprise

For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Analysts expected IPG to announce $0.42 per share in earnings in its latest quarter, but it posted $0.7, representing a 66.70% surprise. EBITDA for the quarter stood at more than $477.5 million. IPG stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 14.21 billion, with total debt at $5.12 billion. Shareholders hold equity totaling $393.62 million

Technical Picture

Let’s look briefly at The Interpublic Group of Companies Inc. (IPG) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 12 October was 41.72% to suggest the stock is trending Neutral, with historical volatility in this time period at 23.72%.

The stock’s 5-day moving average is $37.17, reflecting a -1.97% or -$0.74 change from its current price. IPG is currently trading -2.64% above its 20-day SMA, +10.37% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by +1.76% and +54.12% respectively.

Stochastic %K and %D was 16.88% and 28.50% and the average true range (ATR) pointed at 0.90. The RSI (14) points at 45.79%, while the 14-day stochastic is at 8.36% with the period’s ATR at 0.90. The stock’s 9-day MACD Oscillator is pointing at -0.42 and -0.59 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for The Interpublic Group of Companies Inc. (NYSE: IPG), BofA Securities upgraded it to a Neutral rating. They previously had an Underperform rating on the stock. Analysts offering their rating for IPG stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate IPG as a “sell,”, while 5 advise that investors “Hold.” 1 analysts have rated the stock as underweight. 1 rates the stock as overweight while 7 have offered a “buy” rating.

What is IPG’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $36.00 and a high of $45.00, with their median price target at $40.00. Looking at these predictions, the average price target given by analysts is for The Interpublic Group of Companies Inc. (IPG) stock is $40.45.

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