Digging Up the Facts on The Interpublic Group of Companies, Inc. (IPG)

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 $23.46, down from yesterday’s close by -0.55%. 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 $8.99 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 $0.42 on a per share basis this quarter. Perhaps, that suggests something about why 1.20% of the outstanding share supply is held by institutional investors.

Technical Analysis

It’s important to check the technicals to get a sense of how IPG has been acting. 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 2.55% off that level. The stock is trading $23.52 its 50-day moving average by 0.059999999999999%. 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 -3.14% 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 14.11, 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 6.39% with $382.98 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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