Equities research analysts expect Interpublic Group of Companies, Inc. (The) (NYSE:IPG) to announce earnings of $0.77 per share for the current fiscal quarter, Zacks reports. Three analysts have made estimates for Interpublic Group of Companies’ earnings. The lowest EPS estimate is $0.77 and the highest is $0.78. Interpublic Group of Companies posted earnings per share of $0.75 in the same quarter last year, which indicates a positive year-over-year growth rate of 2.7%. The business is expected to announce its next quarterly earnings report on Friday, February 9th.

On average, analysts expect that Interpublic Group of Companies will report full-year earnings of $1.40 per share for the current year, with EPS estimates ranging from $1.37 to $1.41. For the next financial year, analysts forecast that the business will report earnings of $1.53 per share, with EPS estimates ranging from $1.49 to $1.57. Zacks’ earnings per share averages are an average based on a survey of research firms that follow Interpublic Group of Companies.

Interpublic Group of Companies (NYSE:IPG) last posted 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 firm had revenue of $1.90 billion for the quarter, compared to the consensus estimate of $1.96 billion. During the same period in the prior year, the business earned $0.31 EPS. Interpublic Group of Companies’s quarterly revenue was down 1.0% compared to the same quarter last year.

Several equities analysts have commented on IPG shares. Royal Bank of Canada set a $24.00 target price on shares of Interpublic Group of Companies and gave the stock a “hold” rating in a research report on Tuesday, August 29th. BMO Capital Markets dropped their target price on shares of Interpublic Group of Companies from $26.00 to $25.00 and set an “outperform” rating on the stock in a research report on Thursday, October 26th. TheStreet cut shares of Interpublic Group of Companies from a “b-” rating to a “c+” rating in a research report on Wednesday, November 22nd. Citigroup raised shares of Interpublic Group of Companies from a “neutral” rating to a “buy” rating in a research report on Wednesday, September 6th. Finally, Zacks Investment Research cut shares of Interpublic Group of Companies from a “hold” rating to a “sell” rating in a research report on Friday, October 27th. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and ten have assigned a buy rating to the company’s stock. Interpublic Group of Companies has an average rating of “Hold” and an average price target of $25.77.

In related 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 shares were sold at an average price of $19.00, for a total value of $826,101.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 1.49% of the company’s stock.

Large investors have recently bought and sold shares of the stock. Acrospire Investment Management LLC raised its holdings in shares of Interpublic Group of Companies by 755.0% in the 2nd quarter. Acrospire Investment Management LLC now owns 4,506 shares of the business services provider’s stock worth $111,000 after purchasing an additional 3,979 shares during the period. Capstone Investment Advisors Netherlands B.V. raised its holdings in Interpublic Group of Companies by 35.6% during the 2nd quarter. Capstone Investment Advisors Netherlands B.V. now owns 4,775 shares of the business services provider’s stock valued at $117,000 after acquiring an additional 1,254 shares during the period. Global X Management Co. LLC raised its holdings in Interpublic Group of Companies by 15.4% during the 2nd quarter. Global X Management Co. LLC now owns 6,349 shares of the business services provider’s stock valued at $156,000 after acquiring an additional 847 shares during the period. IFP Advisors Inc raised its holdings in Interpublic Group of Companies by 62.7% during the 2nd quarter. IFP Advisors Inc now owns 7,308 shares of the business services provider’s stock valued at $180,000 after acquiring an additional 2,817 shares during the period. Finally, Franklin Resources Inc. bought a new stake in Interpublic Group of Companies during the 2nd quarter valued at $205,000. 99.97% of the stock is currently owned by institutional investors.

Interpublic Group of Companies (IPG) traded down $0.02 during trading on Tuesday, hitting $20.20. 3,351,700 shares of the company’s stock traded hands, compared to its average volume of 4,900,114. Interpublic Group of Companies has a 1 year low of $18.30 and a 1 year high of $25.71. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.93 and a current ratio of 0.93. The company has a market cap of $7,857.67, a PE ratio of 14.65, a P/E/G ratio of 1.25 and a beta of 1.47.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 1st will be issued a $0.18 dividend. The ex-dividend date is Thursday, November 30th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 3.56%. Interpublic Group of Companies’s dividend payout ratio (DPR) is presently 50.00%.

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Interpublic Group of Companies Company Profile

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).

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Earnings History and Estimates for Interpublic Group of Companies (NYSE:IPG)

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