Zacks Research Issues Optimistic Forecast for IPG Earnings

Key Points

• Zacks Research has increased its FY2025 earnings estimate for Interpublic Group of Companies to $2.80 per share, up from a previous estimate of $2.59, indicating a positive outlook for the company.
• Several analysts have adjusted their price targets for Interpublic Group, with JPMorgan reducing it to $33.00 and Barclays lowering theirs to $27.50, while Citigroup maintains a "buy" rating with a price target of $35.00.
• The company declared a quarterly dividend of $0.33 per share, representing a yield of 5.2%, but has a high payout ratio of 111.86%.

Interpublic Group of Companies, Inc. (The) (NYSE:IPG - Free Report) - Zacks Research lifted their FY2025 earnings per share estimates for Interpublic Group of Companies in a report released on Tuesday, August 12th. Zacks Research analyst R. Department now expects that the business services provider will post earnings of $2.80 per share for the year, up from their previous estimate of $2.59. The consensus estimate for Interpublic Group of Companies' current full-year earnings is $2.66 per share. Zacks Research also issued estimates for Interpublic Group of Companies' Q3 2026 earnings at $0.76 EPS and Q4 2026 earnings at $0.79 EPS.

IPG has been the topic of a number of other research reports. UBS Group lowered their price objective on Interpublic Group of Companies from $27.00 to $25.60 and set a "neutral" rating on the stock in a research note on Wednesday, July 23rd. Barclays lowered Interpublic Group of Companies from an "overweight" rating to an "equal weight" rating and lowered their price objective for the stock from $34.00 to $27.50 in a research note on Wednesday, June 25th. Wall Street Zen raised Interpublic Group of Companies to a "hold" rating in a research note on Saturday. Finally, JPMorgan Chase & Co. lowered their price objective on Interpublic Group of Companies from $35.00 to $33.00 and set an "overweight" rating on the stock in a research note on Thursday, July 10th. Six research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to MarketBeat, Interpublic Group of Companies presently has a consensus rating of "Hold" and a consensus price target of $32.39.

Interpublic Group of Companies Trading Up 1.0%

NYSE IPG traded up $0.25 on Wednesday, reaching $26.10. 5,284,106 shares of the company were exchanged, compared to its average volume of 6,285,047. The business's fifty day moving average price is $24.68 and its 200 day moving average price is $25.35. The stock has a market capitalization of $9.56 billion, a P/E ratio of 22.12 and a beta of 1.05. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.78. Interpublic Group of Companies has a fifty-two week low of $22.51 and a fifty-two week high of $33.05.

Interpublic Group of Companies (NYSE:IPG - Get Free Report) last released its quarterly earnings data on Tuesday, July 22nd. The business services provider reported $0.75 earnings per share for the quarter, topping analysts' consensus estimates of $0.55 by $0.20. The company had revenue of $2.17 billion for the quarter, compared to analyst estimates of $2.15 billion. Interpublic Group of Companies had a return on equity of 28.72% and a net margin of 4.27%. The firm's revenue for the quarter was down 6.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.61 earnings per share.

Interpublic Group of Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd will be paid a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 5.1%. The ex-dividend date of this dividend is Tuesday, September 2nd. Interpublic Group of Companies's dividend payout ratio is 111.86%.

Hedge Funds Weigh In On Interpublic Group of Companies

Large investors have recently modified their holdings of the business. Canada Pension Plan Investment Board lifted its stake in Interpublic Group of Companies by 6.7% during the 2nd quarter. Canada Pension Plan Investment Board now owns 14,819,997 shares of the business services provider's stock worth $362,794,000 after acquiring an additional 934,613 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Interpublic Group of Companies by 1.6% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 13,998,667 shares of the business services provider's stock worth $342,687,000 after acquiring an additional 217,212 shares in the last quarter. First Trust Advisors LP lifted its stake in Interpublic Group of Companies by 13.0% during the 4th quarter. First Trust Advisors LP now owns 12,975,872 shares of the business services provider's stock worth $363,584,000 after acquiring an additional 1,492,019 shares in the last quarter. Invesco Ltd. lifted its stake in Interpublic Group of Companies by 3.5% during the 2nd quarter. Invesco Ltd. now owns 10,610,766 shares of the business services provider's stock worth $259,752,000 after acquiring an additional 360,987 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its stake in Interpublic Group of Companies by 49.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 8,510,242 shares of the business services provider's stock worth $231,138,000 after acquiring an additional 2,797,490 shares in the last quarter. Institutional investors and hedge funds own 98.43% of the company's stock.

About Interpublic Group of Companies

The Interpublic Group of Companies, Inc provides advertising and marketing services worldwide. It operates in three segments: Media, Data & Engagement Solutions, Integrated Advertising & Creativity Led Solutions, and Specialized Communications & Experiential Solutions. The Media, Data & Engagement Solutions segment provides media and communications services, digital services and products, advertising and marketing technology, e-commerce services, data management and analytics, strategic consulting, and digital brand experience under the IPG Mediabrands, UM, Initiative, Kinesso, Acxiom, Huge, MRM, and R/GA brand names.