IPG Stock Summary and Trading Ideas (Interpublic Gr Of Cos | NYSE:IPG)

Interpublic Group is among the world's largest advertising holding companies based on annual revenue. It provides traditional advertising services along with digital and other services such as public relations through various acquisitions. IPG has made these services available in over 100 countries. The company generates about 65% of revenue in the US and 17% in the UK and Europe.

Interpublic Gr Of Cos trades on the NYSE stock market under the symbol IPG.

As of September 27, 2024, IPG stock price climbed to $31.82 with 1,516,323 million shares trading.

IPG has a beta of 0.68, meaning it tends to be less sensitive to market movements. IPG has a correlation of 0.18 to the broad based SPY ETF.

IPG has a market cap of $11.95 billion. This is considered a Large Cap stock.

Last quarter Interpublic Gr Of Cos reported $2 billion in Revenue and $.61 earnings per share. This fell short of revenue expectation by $-2 million and exceeded earnings estimates by $.02.

In the last 3 years, IPG traded as high as $40.95 and as low as $25.14.

The top ETF exchange traded funds that IPG belongs to (by Net Assets): VTI, XLC, VOO, VB, SCHD.

IPG has underperformed the market in the last year with a return of +16.6%, while SPY returned +36.0%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in IPG shares. However, IPG has outperformed the market in the last 3 month and 2 week periods, returning +10.4% and +4.2%, while SPY returned +5.2% and +2.6%, respectively. This indicates IPG has been having a stronger performance recently.

IPG support price is $31.03 and resistance is $31.95 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IPG shares will trade within this expected range on the day.