$0.33 EPS Expected for Interpublic Group of Companies Inc (IPG)

September 28, 2017 – By Adrian Mccoy

Investors sentiment decreased to 1 in 2017 Q2. Its down 0.25, from 1.25 in 2017Q1. It dropped, as 47 investors sold Interpublic Group of Companies Inc shares while 160 reduced holdings. 57 funds opened positions while 149 raised stakes. 375.40 million shares or 0.36% less from 376.74 million shares in 2017Q1 were reported.
Winfield Incorporated holds 0.01% of its portfolio in Interpublic Group of Companies Inc (NYSE:IPG) for 669 shares. Bessemer Grp holds 0.01% or 86,826 shares in its portfolio. Martin Currie Limited reported 0.66% of its portfolio in Interpublic Group of Companies Inc (NYSE:IPG). Raymond James Trust Na has 23,470 shares for 0.04% of their portfolio. Amica Retiree Trust reported 3,267 shares or 0.07% of all its holdings. Brandywine Glob Invest Limited Liability Corporation holds 358,231 shares. Wells Fargo And Commerce Mn invested 0.02% in Interpublic Group of Companies Inc (NYSE:IPG). Macquarie Ltd has 384,418 shares for 0.02% of their portfolio. United Services Automobile Association owns 858,775 shares for 0.06% of their portfolio. Dnb Asset As holds 0% in Interpublic Group of Companies Inc (NYSE:IPG) or 44,300 shares. Cambridge Trust Company reported 439,599 shares stake. Etrade Mgmt Ltd Limited Liability Company reported 96,464 shares. Geode Capital Management Ltd Liability Company holds 4.41M shares. 528,589 were reported by First Trust Advisors Ltd Partnership. Comml Bank Of Mellon Corporation invested 0.03% in Interpublic Group of Companies Inc (NYSE:IPG).

Analysts expect Interpublic Group of Companies Inc (NYSE:IPG) to report $0.33 EPS on October, 20.They anticipate $0.02 EPS change or 6.45 % from last quarter’s $0.31 EPS. IPG’s profit would be $128.92 million giving it 15.77 P/E if the $0.33 EPS is correct. After having $0.27 EPS previously, Interpublic Group of Companies Inc’s analysts see 22.22 % EPS growth. About 7.35 million shares traded or 33.64% up from the average. Interpublic Group of Companies Inc (NYSE:IPG) has risen 3.01% since September 29, 2016 and is uptrending. It has underperformed by 13.69% the S&P500.

Interpublic Group of Companies Inc (NYSE:IPG) Ratings Coverage

Among 17 analysts covering Interpublic Group of Companies (NYSE:IPG), 13 have Buy rating, 1 Sell and 3 Hold. Therefore 76% are positive. Interpublic Group of Companies had 36 analyst reports since September 7, 2015 according to SRatingsIntel. The firm has “Equal-Weight” rating by Morgan Stanley given on Thursday, January 5. Telsey Advisory Group maintained Interpublic Group of Companies Inc (NYSE:IPG) rating on Monday, April 24. Telsey Advisory Group has “Outperform” rating and $29 target. The firm has “Buy” rating given on Monday, October 17 by Pivotal Research. As per Tuesday, July 25, the company rating was maintained by Pivotal Research. The firm has “Buy” rating by RBC Capital Markets given on Wednesday, April 12. The stock of Interpublic Group of Companies Inc (NYSE:IPG) has “Hold” rating given on Thursday, January 12 by Pivotal Research. The stock has “Sector Perform” rating by RBC Capital Markets on Wednesday, July 26. BMO Capital Markets maintained the stock with “Buy” rating in Monday, September 11 report. Atlantic Securities downgraded Interpublic Group of Companies Inc (NYSE:IPG) on Thursday, July 27 to “Underweight” rating. The rating was maintained by Telsey Advisory Group with “Outperform” on Thursday, October 22.

The Interpublic Group of Companies, Inc. is a global advertising and marketing services company. The company has market cap of $8.13 billion. The Firm specializes in consumer advertising, digital marketing, communications planning and media buying, public relations and specialized communications disciplines. It has a 27.35 P/E ratio. It operates in two divisions: Integrated Agency Networks and Constituency Management Group (CMG).

Another recent and important Interpublic Group of Companies Inc (NYSE:IPG) news was published by Nasdaq.com which published an article titled: “Thursday Sector Laggards: Energy, Services” on September 28, 2017.