The Insider Activity Of The Interpublic Group of Companies Inc. (IPG) Is Worth Monitoring

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The Interpublic Group of Companies Inc. (NYSE:IPG) finished Wednesday with a subtraction of -$0.31 to close at $26.57, a downside of -1.15 percent. An average of 3,569,040 shares of common stock have been traded in the last five days. There was a fall of -$1.02 in the past week, and it reached a new high 5 times over the past 12 months. The last 20 days have seen an average of 2,755,620 shares traded, while the 50-day average volume stands at 2,826,246.

IPG stock has decreased by -7.52% in the last month. The company shares reached their 1-month lowest point of $26.57 on 09/21/22. With the stock rallying to its 52-week high on 02/09/22, shares of the company touched a low of $26.36 and a high of $39.98 in 52 weeks. It has reached a new high 4 times so far this year and lost -29.05% or -$10.88 in price. In spite of this, the price is down -33.54% from the 52-week high.


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Insider Transactions

34 days have passed since The Interpublic Group of Companies Inc. (IPG) last reported insider trading activity. Carter-Miller Jocelyn, who is Director, most recently acquired $6,500 shares at $30.00 per share on Aug 19. In this transaction, the insider spent $195,000. Director, HUDSON DAWN E, disposed of 18,376 shares at a price of $32.45 on May 09. The insider now owns more than $596,301 worth of shares. Prior to that, Director GUILFOILE MARY went on to Sale 6,301 shares at $32.41 each on May 06. An amount of $204,215 was transacted.

Valuation Metrics

The Interpublic Group of Companies Inc. (IPG) has a trailing price-to-earnings (P/E) ratio of 10.73. The stock’s beta is 1.04. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.98, the price-to-book (PB) ratio at 3.04, and the price-to-cash flow ratio at 21.93.

The company has a payout ratio of 44.70%. The company’s most recent quarterly dividend payment was $0.29 a share, without any change from last year. Its latest increase dividend $0.02 reported on Thursday February 10 2022.

Financial Health

The quick ratio of The Interpublic Group of Companies Inc. for the three months ended June 29 was 1.00, and the current ratio was 1.00, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.85 and a total debt to equity ratio of 0.86 for the quarter ending June 29. Its gross profit as reported stood at $1.85 billion compared to revenue of $10.24 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, The Interpublic Group of Companies Inc.’s return on assets was 5.40%.

Earnings Surprise

For the three-month period that ended June 29, The Interpublic Group of Companies Inc. had $2.91 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $229.6 million in the quarter, while revenues of $159.4 million were shrunk -14.68%. The analyst consensus anticipated The Interpublic Group of Companies Inc.’s latest quarter earnings to come in at $0.58 per share, but it turned out to be $0.63, a 8.60% surprise. For the quarter, EBITDA amounted to $429.7 million. Shareholders own equity worth $391.03 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at The Interpublic Group of Companies Inc. (IPG) price momentum. RSI 9-day as of the close on 21 September was 34.24%, suggesting the stock is Neutral, with historical volatility in this time frame at 38.04%.

As of today, IPG’s price is $27.25 -3.70% or -$1.02 from its 5-day moving average. IPG is currently trading -7.74% lower than its 20-day SMA and -22.08% lower than its 100-day SMA. However, the stock’s current price level is -4.94% below the SMA50 and -22.81% below the SMA200.

The stochastic %K and %D were 20.82% and 23.76%, respectively, and the average true range (ATR) was 0.80. With the 14-day stochastic at 0.00% and the average true range at 0.78, the RSI (14) stands at 37.28%. The stock has reached -0.66 on the 9-day MACD Oscillator while the 14-day reading was at -0.56.

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