Investing In Interpublic Group Of Cos., Inc (NYSE: IPG): Why Should You?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

The company is listed on the NYSE and operates within the Advertising Agencies industry segment. The current market capitalization of Interpublic Group Of Cos., Inc is $10.39B. A total of 4.29 million shares were traded on the day, compared to an average of 5.74M shares.

In the most recent transaction, CARROLL CHRISTOPHER F sold 18,382 shares of IPG for 32.20 per share on Feb 27 ’24. After the transaction, the SVP, Controller & CAO now owns 42,390 company shares. In a previous transaction on Feb 27 ’24, Johnson Ellen Tobi sold 40,393 shares at 32.20 per share. IPG shares that CFO owns now total 88,350.

Among the insiders who sold shares, KRAKOWSKY PHILIPPE disposed of 150,403 shares on Feb 27 ’24 at a per-share price of $32.20. This resulted in the CEO holding 415,776 shares of IPG after the transaction. In another insider transaction, Bonzani Andrew sold 40,468 shares at $32.20 per share on Feb 27 ’24. Company shares held by the EVP, General Counsel now total 70,431.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Interpublic Group Of Cos., Inc pays an annual dividend of $1.32, resulting in a dividend yield of 4.73%, and it has a price to earnings (P/E) ratio of 13.17. IPG’s most recent ex-dividend date was 4.4% when it declared a $0.33 quarterly dividend that was paid in cash on 12/2/2024. Previously, the company paid the dividend on 9/3/2024 with an ex-dividend date of 4.1%. The IPG stock dividend was $0.33 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, IPG has a high of $35.17 and a low of $26.30.

As of this writing, IPG has an earnings estimate of $1.16 per share for the current quarter. EPS was calculated based on a consensus of 6.0 estimates, with a high estimate of $1.18 per share and a lower estimate of $1.13.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. IPG’s latest balance sheet shows that the firm has $3.27B in Cash & Short Term Investments as of fiscal 2021. There were $4.80B in debt and $10.89B in liabilities at the time. Its Book Value Per Share was $9.90, while its Total Shareholder’s Equity was $3.60B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for IPG is Buy with a score of 3.25.

Most Popular

Related Posts