The Interpublic Group of Companies, Inc. (IPG): What’s the Story?

The Interpublic Group of Companies, Inc. (IPG) is an interesting player in the Services space, with a focus on Advertising Agencies. The stock has been active on the tape, currently trading at $24.04, down from yesterday’s close by -0.66%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

The Interpublic Group of Companies, Inc. (IPG) currently trades with a market capitalization of $9.22 Billion. That value represents a market adjusting for revenues that have been growing by 5.10 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $369.8 Million over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.41 on a per share basis this quarter. Perhaps, that suggests something about why 1.19% of the outstanding share supply is held by institutional investors.



Technical Analysis

Sometimes, we can understand most about a stock by simply looking at how it has been trading. Looking at the stock’s movement on the chart, The Interpublic Group of Companies, Inc. recorded a 52-week high of $26.01. It is now trading 1.97% off that level. The stock is trading $23.51 its 50-day moving average by -0.53%. The stock carved out a 52-week low down at $18.30.

In recent action, The Interpublic Group of Companies, Inc. (IPG) has made a move of -0.25% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 14.61, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 6.53% with $382.96 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of IPG.

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