Interpublic Group of Companies, Inc. (The) (IPG) Earning Favorable Press Coverage, Report Shows

News articles about Interpublic Group of Companies, Inc. (The) (NYSE:IPG) have been trending positive this week, Accern Sentiment reports. Accern identifies positive and negative news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Interpublic Group of Companies, Inc. (The) earned a media sentiment score of 0.42 on Accern’s scale. Accern also assigned news headlines about the business services provider an impact score of 46.0740658367918 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

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

IPG has been the subject of a number of analyst reports. Jefferies Group LLC restated a “buy” rating and set a $27.00 price target on shares of Interpublic Group of Companies, Inc. (The) in a research note on Monday, May 22nd. Macquarie cut shares of Interpublic Group of Companies, Inc. (The) from an “outperform” rating to a “neutral” rating and cut their target price for the company from $28.00 to $24.00 in a research note on Tuesday, June 6th. Royal Bank Of Canada set a $29.00 target price on shares of Interpublic Group of Companies, Inc. (The) and gave the company a “buy” rating in a research note on Monday, June 12th. Zacks Investment Research cut shares of Interpublic Group of Companies, Inc. (The) from a “buy” rating to a “hold” rating in a research note on Wednesday, June 21st. Finally, BidaskClub upgraded shares of Interpublic Group of Companies, Inc. (The) from a “hold” rating to a “buy” rating in a research note on Thursday, June 29th. Three investment analysts have rated the stock with a sell rating, five have issued a hold rating and eleven have issued a buy rating to the company. The company has an average rating of “Hold” and an average price target of $26.07.

Shares of Interpublic Group of Companies, Inc. (IPG) opened at 20.05 on Wednesday. The firm has a market cap of $7.89 billion, a price-to-earnings ratio of 14.43 and a beta of 1.53. Interpublic Group of Companies, Inc. has a 12-month low of $19.57 and a 12-month high of $25.71. The firm’s 50-day moving average is $20.95 and its 200-day moving average is $23.58.

Interpublic Group of Companies, Inc. (The) (NYSE:IPG) last announced its earnings results on Tuesday, July 25th. The business services provider reported $0.27 earnings per share for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.07). Interpublic Group of Companies, Inc. (The) had a return on equity of 27.72% and a net margin of 7.19%. The firm had revenue of $1.88 billion for the quarter, compared to the consensus estimate of $1.95 billion. During the same period in the prior year, the business earned $0.33 EPS. Interpublic Group of Companies, Inc. (The)’s quarterly revenue was down 1.7% on a year-over-year basis. Analysts predict that Interpublic Group of Companies, Inc. will post $1.43 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Friday, September 1st will be paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 3.59%. The ex-dividend date is Wednesday, August 30th. Interpublic Group of Companies, Inc. (The)’s dividend payout ratio is presently 51.80%.

In related news, SVP Ellen Tobi Johnson sold 20,000 shares of Interpublic Group of Companies, Inc. (The) stock in a transaction on Monday, August 21st. The shares were sold at an average price of $20.50, for a total transaction of $410,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Julie Connors sold 5,854 shares of Interpublic Group of Companies, Inc. (The) stock in a transaction on Thursday, June 22nd. The stock was sold at an average price of $24.26, for a total transaction of $142,018.04. Following the transaction, the senior vice president now directly owns 10,592 shares of the company’s stock, valued at approximately $256,961.92. The disclosure for this sale can be found here. 1.49% of the stock is owned by company insiders.

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About Interpublic Group of Companies, Inc. (The)

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, Inc. (The) (NYSE:IPG)

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