Interpublic Group of Companies (IPG) will release its results on Thursday

Interpublic Group of Companies (NYSE:IPG) is expected to release quarterly results before market open on Thursday, February 10. Analysts expect Interpublic Group of Companies to post earnings of $0.80 per share for the quarter. Those interested in listening to the company’s earnings conference call can do so using this link.

NYSE IPG shares opened at $36.09 on Thursday. Interpublic Group of Companies has a one-year minimum of $23.96 and a one-year maximum of $39.35. The company has a market capitalization of $14.21 billion, a PE ratio of 20.39, a PEG ratio of 1.16 and a beta of 1.04. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt ratio of 0.90. The company has a 50-day moving average price of $36.30 and a two-hundred-day moving average price of $36.45.

Several brokerages have commented on IPG. Zacks Investment Research upgraded Interpublic Group of Companies from a “hold” rating to a “buy” rating and set a price target of $39.00 on the stock in a Monday, October 25 research report. Bank of America downgraded Interpublic Group of Companies from a “neutral” rating to an “underperforming” rating and set a price target of $32.00 for the stock. in a research report on Thursday, January 27. One financial analyst has assigned the stock a sell rating, three have issued a hold rating and five have assigned the stock a buy rating. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $39.00.

A hedge fund recently increased its stake in shares of Interpublic Group of Companies. Morgan Stanley increased its position in shares of The Interpublic Group of Companies, Inc. (NYSE:IPG) by 3.0% in the 2nd quarter, according to its latest Form 13F filed with the Securities and Exchange Commission (SEC). The company held 1,734,873 shares of the business services provider after purchasing an additional 50,461 shares during the period. Morgan Stanley owned about 0.44% of Interpublic Group of Companies worth $56,367,000 at the end of the last quarter. Hedge funds and other institutional investors own 98.70% of the company’s shares.

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About the Interpublic group of companies

Interpublic Group of Cos., Inc. engages in the provision of advertising and marketing services. The firm specializes in consumer advertising, digital marketing, communications planning and media buying, public relations and specialist communications disciplines. It operates through the following segments: Integrated Agency Network (IAN) and Constituency Management Group (CMG).

Feature story: What do investors mean by earnings per share?

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

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