From Nasdaq
April 1, 2025 08:15 AM:

The Interpublic Group of Companies, Inc. (IPG) has a market cap of $9.8 billion, offering advertising and marketing services globally. IPG’s stock is currently 17.8% below its 52-week high, with a 3.4% decline in the past three months, underperforming the S&P 500 Index.

IPG’s shares have fallen 14.1% in the last six months, trailing the S&P 500’s 2.2% decline. The company remains below its 200-day moving average since late October and its 50-day moving average since mid-March, signaling a downtrend.

Following IPG’s Q4 earnings release, the stock dropped by 1.4%. The company reported a revenue of $2.9 billion, an operating income of $567.9 million, and an EPS of $1.11, missing Wall Street estimates by 3.5%. Analysts rate IPG as a “Moderate Buy” with a mean price target of $33.12, suggesting a 21.9% upside potential.

Read more at Nasdaq: Is Interpublic Group of Companies Stock Underperforming the S&P 500?