The Interpublic Group of Companies, Inc. provides advertising and marketing services worldwide. The company operates through two segments, Integrated Agency Networks and Constituency Management Group. It offers consumer advertising, digital marketing, communications planning and media buying, public relations, and specialized communications disciplines. The company also provides various diversified services, including public relations, meeting and event production, sports and entertainment marketing, corporate and brand identity, and strategic marketing consulting. It offers its services under various brands comprising McCann, MullenLowe, IPG Mediabrands, Carmichael Lynch, Deutsch, Hill Holliday, and The Martin Agency, as well as Foote, Cone & Belding. The company was formerly known as McCann-Erickson Incorporated and changed its name to The Interpublic Group of Companies, Inc. in January 1961. The Interpublic Group of Companies, Inc. was founded in 1902 and is headquartered in New York, New York.
Industry, Sector and Symbol
Industry Advertising agencies
Sub-IndustryAdvertising
SectorBusiness Services
SymbolNYSE:IPG
CUSIP46069010
Phone212-704-1200
Debt
Debt-to-Equity Ratio0.60
Current Ratio0.95
Quick Ratio0.95
Price-To-Earnings
Trailing P/E Ratio16.57
Forward P/E Ratio13.35
P/E Growth1.83
Sales & Book Value
Annual Sales$7.88 billion
Price / Sales1.14
Cash Flow$2.0527 per share
Price / Cash11.38
Book Value$5.75 per share
Price / Book4.06
Profitability
EPS (Most Recent Fiscal Year)$1.41
Net Income$579 million
Net Margins6.55%
Return on Equity26.05%
Return on Assets4.54%
Miscellaneous
Employees50,200
Outstanding Shares385,520,000
Interpublic Group of Companies (NYSE:IPG) Frequently Asked Questions
What is Interpublic Group of Companies' stock symbol?
Interpublic Group of Companies trades on the New York Stock Exchange (NYSE) under the ticker symbol "IPG."
How often does Interpublic Group of Companies pay dividends? What is the dividend yield for Interpublic Group of Companies?
Interpublic Group of Companies declared a quarterly dividend on Thursday, May 24th. Shareholders of record on Monday, June 4th will be given a dividend of $0.21 per share on Monday, June 18th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.60%. The ex-dividend date is Friday, June 1st. View Interpublic Group of Companies' Dividend History.
How will Interpublic Group of Companies' stock buyback program work?
Interpublic Group of Companies declared that its board has authorized a share repurchase program on Thursday, February 15th 2018, which authorizes the company to repurchase $300,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's board of directors believes its shares are undervalued.
How were Interpublic Group of Companies' earnings last quarter?
Interpublic Group of Companies Inc (NYSE:IPG) posted its quarterly earnings data on Friday, April, 27th. The business services provider reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.05 by $0.02. The business services provider earned $1.77 billion during the quarter, compared to the consensus estimate of $1.82 billion. Interpublic Group of Companies had a return on equity of 26.05% and a net margin of 6.55%. The company's quarterly revenue was up 5.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.05 earnings per share. View Interpublic Group of Companies' Earnings History.
When is Interpublic Group of Companies' next earnings date?
What price target have analysts set for IPG?
14 equities research analysts have issued 1-year price objectives for Interpublic Group of Companies' shares. Their forecasts range from $23.00 to $27.00. On average, they expect Interpublic Group of Companies' stock price to reach $25.4545 in the next year. View Analyst Ratings for Interpublic Group of Companies.
What are Wall Street analysts saying about Interpublic Group of Companies stock?
Here are some recent quotes from research analysts about Interpublic Group of Companies stock:
- 1. According to Zacks Investment Research, "Interpublic’s digital capabilities, diversified business model and geographic reach offer a distinctive competitive advantage. Interpublic continues to look for strategic investments and buyouts to expand in high-growth regions and key world markets. The company’s efforts in reducing costs, continuous margin improvement, encouraging balance sheet and better capital structure should improve its profitability. Interpublic also outperformed the industry in the six three months. However, Interpublic is likely to be stifled by the renegotiated deals and restrictions imposed on trade with other European Union members post the Brexit referendum, lowering its productivity. Stiff competition and concentration risks act as other major headwinds." (6/6/2018)
- 2. Pivotal Research analysts commented, "We upgraded our recommendations on IPG, Publicis and WPP in August, October and November, respectively from Hold to Buy as each of these stocks over-reacted on the down-side because of a range of issues impacting the industry became pronounced concerns for investors. However, following relatively positive moves on the sector for IPG and Publicis, we see stocks in the sector as close enough to full valuations to warrant a downgrade at the present time. However, we continue to see relative value within the group, with relatively more upside for WPP and relatively more downside for Omnicom. Each of the four holding companies we cover are now rated Hold." (2/19/2018)
- 3. Wells Fargo & Co analysts commented, "We believe IPG’s assets are broadly competitive and that investors place too much emphasis on the scale argument across the agency landscape. However, we acknowledge an array of headwinds currently facing the agency holding companies and, amid this backdrop, we view current valuation as full. DISCLOSURE APPENDIX Required Disclosures Additional Information Available Upon Request I certify that: 1) All views expressed in this research report accurately reflect my personal views about any and all of the subject securities or issuers discussed; and 2) No part of my compensation was, is, or will be, directly or indirectly, related to the specific recommendations or views expressed by me in this research report. Wells Fargo Securities, LLC and/or its affiliates, have beneficial ownership of 0.5% or more of any class of the common stock of The Interpublic Group of Companies, Inc." (2/14/2018)
Who are some of Interpublic Group of Companies' key competitors?
Some companies that are related to Interpublic Group of Companies include WPP (WPP), Omnicom Group (OMC), Publicis Groupe (PUBGY), JCDecaux (DEC), HAVAS (HAVSF), Stroeer SE & Co KGaA (SAX), Groupon (GRPN), Criteo (CRTO), Next Fifteen Communications Group (NFC), Tarsus Group (TRS), M&C Saatchi (SAA), Huntsworth (HNT), MDC Partners (MDCA), Telaria (TLRA) and AirMedia Group (AMCN).
Who are Interpublic Group of Companies' key executives?
Interpublic Group of Companies' management team includes the folowing people:
- Mr. Michael Isor Roth, Chairman & CEO (Age 73)
- Mr. Frank Mergenthaler, Exec. VP & CFO (Age 57)
- Mr. Christopher F. Carroll CPA, Sr. VP, Controller & Chief Accounting Officer (Age 52)
- Mr. Andrew Bonzani, Sr. VP, Gen. Counsel & Sec. (Age 54)
- Mr. Philippe Krakowsky, Exec. VP and Chief Strategy & Talent Officer (Age 55)
Has Interpublic Group of Companies been receiving favorable news coverage?
News headlines about IPG stock have trended somewhat positive recently, Accern Sentiment reports. Accern rates the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Interpublic Group of Companies earned a news impact score of 0.17 on Accern's scale. They also assigned press coverage about the business services provider an impact score of 47.14 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
Who are Interpublic Group of Companies' major shareholders?
Interpublic Group of Companies' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.92%), Massachusetts Financial Services Co. MA (7.04%), Pzena Investment Management LLC (4.57%), Wells Fargo & Company MN (2.12%), Victory Capital Management Inc. (1.57%) and Northern Trust Corp (1.47%). Company insiders that own Interpublic Group of Companies stock include Andrew Bonzani, Christopher F Carroll, Dawn E Hudson, Ellen Tobi Johnson, Frank Mergenthaler, H John Greeniaus, Jocelyn Carter-Miller, Julie Connors, Mary Guilfoile, Michael Isor Roth and Philippe Krakowsky. View Institutional Ownership Trends for Interpublic Group of Companies.
Which institutional investors are selling Interpublic Group of Companies stock?
IPG stock was sold by a variety of institutional investors in the last quarter, including Eaton Vance Management, Santa Barbara Asset Management LLC, Massachusetts Financial Services Co. MA, Mawer Investment Management Ltd., Wells Fargo & Company MN, Victory Capital Management Inc., Gamco Investors INC. ET AL and River Road Asset Management LLC. Company insiders that have sold Interpublic Group of Companies company stock in the last year include Andrew Bonzani, Christopher F Carroll, Ellen Tobi Johnson, Frank Mergenthaler, H John Greeniaus, Jocelyn Carter-Miller, Julie Connors, Mary Guilfoile, Michael Isor Roth and Philippe Krakowsky. View Insider Buying and Selling for Interpublic Group of Companies.
Which institutional investors are buying Interpublic Group of Companies stock?
IPG stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Ceredex Value Advisors LLC, Amundi Pioneer Asset Management Inc., Millennium Management LLC, Russell Investments Group Ltd., WBI Investments Inc., Fiduciary Management Inc. WI and Seven Eight Capital LP. View Insider Buying and Selling for Interpublic Group of Companies.
How do I buy shares of Interpublic Group of Companies?
Shares of IPG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Interpublic Group of Companies' stock price today?
One share of IPG stock can currently be purchased for approximately $23.36.
How big of a company is Interpublic Group of Companies?
Interpublic Group of Companies has a market capitalization of $9.09 billion and generates $7.88 billion in revenue each year. The business services provider earns $579 million in net income (profit) each year or $1.41 on an earnings per share basis. Interpublic Group of Companies employs 50,200 workers across the globe.
How can I contact Interpublic Group of Companies?
Interpublic Group of Companies' mailing address is 909 THIRD AVENUE, NEW YORK NY, 10022. The business services provider can be reached via phone at 212-704-1200.
MarketBeat Community Rating for Interpublic Group of Companies (IPG)
MarketBeat's community ratings are surveys of what our community members think about Interpublic Group of Companies and other stocks. Vote "Outperform" if you believe IPG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe IPG will underperform the S&P 500 over the long term. You may vote once every thirty days.
