Interpublic Group of Companies (IPG) Earning Very Favorable Press Coverage, Analysis Finds

Media headlines about Interpublic Group of Companies (NYSE:IPG) have trended very positive recently, Alpha One Sentiment Analysis reports. Alpha One, a subsidiary of Accern, identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real-time. Alpha One ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Interpublic Group of Companies earned a daily sentiment score of 0.55 on Alpha One’s scale. Alpha One also assigned news coverage about the business services provider an impact score of 41 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

These are some of the media stories that may have effected AlphaOne Sentiment’s scoring:

Interpublic Group of Companies (NYSE:IPG) traded up 0.41% on Friday, reaching $24.27. 955,291 shares of the company’s stock traded hands. Interpublic Group of Companies has a 12 month low of $21.67 and a 12 month high of $25.34. The firm’s 50-day moving average is $24.38 and its 200 day moving average is $23.90. The firm has a market cap of $9.59 billion, a PE ratio of 15.78 and a beta of 1.60.

Interpublic Group of Companies (NYSE:IPG) last posted its quarterly earnings data on Friday, April 21st. The business services provider reported $0.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $0.02. The business had revenue of $1.75 billion during the quarter, compared to the consensus estimate of $1.76 billion. Interpublic Group of Companies had a return on equity of 28.31% and a net margin of 7.76%. The business’s revenue for the quarter was up .7% on a year-over-year basis. Equities analysts predict that Interpublic Group of Companies will post $1.48 EPS for the current year.

Several research firms have issued reports on IPG. Wedbush upped their price target on shares of Interpublic Group of Companies to $29.00 and gave the stock a “top pick” rating in a research report on Monday, February 13th. Zacks Investment Research raised shares of Interpublic Group of Companies from a “sell” rating to a “hold” rating in a research report on Thursday, February 9th. Telsey Advisory Group increased their price objective on shares of Interpublic Group of Companies from $28.00 to $29.00 and gave the company an “outperform” rating in a research report on Monday, April 24th. BMO Capital Markets reissued a “buy” rating and issued a $27.00 price objective on shares of Interpublic Group of Companies in a research report on Monday, April 17th. Finally, Jefferies Group LLC upped their price target on shares of Interpublic Group of Companies from $26.00 to $27.00 and gave the company a “positive” rating in a research note on Monday, February 13th. One analyst has rated the stock with a sell rating, four have issued a hold rating and nine have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $27.17.

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In other news, Director Dawn E. Hudson sold 12,000 shares of the stock in a transaction on Monday, March 6th. The stock was sold at an average price of $24.22, for a total value of $290,640.00. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Frank Mergenthaler sold 88,652 shares of the stock in a transaction on Wednesday, March 1st. The shares were sold at an average price of $24.30, for a total value of $2,154,243.60. The disclosure for this sale can be found here. Over the last three months, insiders sold 1,354,639 shares of company stock worth $33,081,398. Insiders own 1.75% of the company’s stock.

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).

5 Day Chart for NYSE:IPG

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