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Interpublic Group of Companies, Inc. (The) (IPG) - free report >>
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Interpublic Group of Companies, Inc. (The) (IPG) - free report >>
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Interpublic (IPG) Down 3.2% Since Last Earnings Report: Can It Rebound?
A month has gone by since the last earnings report for Interpublic Group (IPG - Free Report) . Shares have lost about 3.2% in that time frame, outperforming the S&P 500.
Will the recent negative trend continue leading up to its next earnings release, or is Interpublic due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers.
How Have Estimates Been Moving Since Then?
It turns out, fresh estimates have trended downward during the past month.
The consensus estimate has shifted -33.33% due to these changes.
VGM Scores
At this time, Interpublic has an average Growth Score of C, though it is lagging a bit on the Momentum Score front with a D. However, the stock was allocated a grade of A on the value side, putting it in the top quintile for this investment strategy.
Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook
Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. It's no surprise Interpublic has a Zacks Rank #4 (Sell). We expect a below average return from the stock in the next few months.