Interpublic Group Net Worth
Interpublic Group Net Worth Breakdown | IPG |
Interpublic Group Net Worth Analysis
Interpublic Group's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Interpublic Group's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Interpublic Group's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Interpublic Group's net worth analysis. One common approach is to calculate Interpublic Group's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Interpublic Group's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Interpublic Group's net worth. This approach calculates the present value of Interpublic Group's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Interpublic Group's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Interpublic Group's net worth. This involves comparing Interpublic Group's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Interpublic Group's net worth relative to its peers.
To determine if Interpublic Group is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Interpublic Group's net worth research are outlined below:
| Interpublic Group is unlikely to experience financial distress in the next 2 years | |
| Over 100.0% of the company shares are owned by institutional investors | |
| On 16th of June 2025 Interpublic Group paid $ 0.33 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Dealmakers Hit 1.8 Trillion as They Get Used to Trade Chaos |
Interpublic Group Quarterly Good Will |
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Interpublic Group uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Interpublic Group of. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Interpublic Group's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 8th of February 2024 Upcoming Quarterly Report | View | |
| 25th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 8th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Interpublic Group Target Price Consensus
Interpublic target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Interpublic Group's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 10 | Buy |
Most Interpublic analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Interpublic stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Interpublic Group, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationInterpublic Group Target Price Projection
Interpublic Group's current and average target prices are 25.55 and 34.27, respectively. The current price of Interpublic Group is the price at which Interpublic Group of is currently trading. On the other hand, Interpublic Group's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Interpublic Group Market Quote on 3rd of July 2025
Target Price
Analyst Consensus On Interpublic Group Target Price
Know Interpublic Group's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Interpublic Group is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Interpublic Group of backward and forwards among themselves. Interpublic Group's institutional investor refers to the entity that pools money to purchase Interpublic Group's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Amundi | 2025-03-31 | 5.4 M | Ariel Investments, Llc | 2025-03-31 | 5.3 M | Harris Associates L.p. | 2025-03-31 | 5.2 M | Morgan Stanley - Brokerage Accounts | 2025-03-31 | 5.2 M | Deutsche Bank Ag | 2025-03-31 | 5 M | Ubs Asset Mgmt Americas Inc | 2025-03-31 | 4.9 M | Northern Trust Corp | 2025-03-31 | 4.9 M | Bank Of New York Mellon Corp | 2025-03-31 | 4 M | Jpmorgan Chase & Co | 2025-03-31 | 3.8 M | Blackrock Inc | 2025-03-31 | 46.3 M | Vanguard Group Inc | 2025-03-31 | 46.1 M |
Follow Interpublic Group's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 9.45 B.Project Interpublic Group's profitablity
The company has Net Profit Margin of 0.05 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.08 %, which entails that for every 100 dollars of revenue, it generated $0.08 of operating income.When accessing Interpublic Group's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Interpublic Group's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Interpublic Group's profitability and make more informed investment decisions.
Evaluate Interpublic Group's management efficiency
Interpublic Group has Return on Asset of 0.0512 % which means that on every $100 spent on assets, it made $0.0512 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1358 %, implying that it generated $0.1358 on every 100 dollars invested. Interpublic Group's management efficiency ratios could be used to measure how well Interpublic Group manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Interpublic Group's Non Currrent Assets Other are most likely to increase significantly in the upcoming years. The Interpublic Group's current Intangible Assets is estimated to increase to about 1.3 B, while Total Assets are projected to decrease to roughly 11 B.Effective leadership at Interpublic Group drives its competitive edge in the market. Our analysis focuses on how this translates to financial performance and stock value.
Enterprise Value Revenue 1.1055 | Revenue | Quarterly Revenue Growth (0.09) | Revenue Per Share 24.085 | Return On Equity |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Interpublic Group insiders, such as employees or executives, is commonly permitted as long as it does not rely on Interpublic Group's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Interpublic Group insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Interpublic Group time-series forecasting models is one of many Interpublic Group's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Interpublic Group's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Interpublic Group Earnings Estimation Breakdown
The calculation of Interpublic Group's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Interpublic Group is estimated to be 0.5571 with the future projection ranging from a low of 0.53 to a high of 0.6448. Please be aware that this consensus of annual earnings estimates for Interpublic Group of is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
0.53 Lowest | Expected EPS | 0.64 Highest |
Interpublic Group Earnings Projection Consensus
Suppose the current estimates of Interpublic Group's value are higher than the current market price of the Interpublic Group stock. In this case, investors may conclude that Interpublic Group is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Interpublic Group's stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 30th of June 2025 | Current EPS (TTM) | |
| 10 | 93.98% | 0.33 | 0.5571 | 1.31 |
Interpublic Group Earnings per Share Projection vs Actual
Actual Earning per Share of Interpublic Group refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Interpublic Group of predict the company's earnings will be in the future. The higher the earnings per share of Interpublic Group, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Interpublic Group Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Interpublic Group, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Interpublic Group should always be considered in relation to other companies to make a more educated investment decision.Interpublic Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact Interpublic Group's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2025-04-22 | 2025-03-31 | 0.26 | 0.33 | 0.07 | 26 | ||
2025-02-12 | 2024-12-31 | 1.17 | 1.11 | -0.06 | 5 | ||
2024-10-22 | 2024-09-30 | 0.7 | 0.7 | 0.0 | 0 | ||
2024-07-24 | 2024-06-30 | 0.59 | 0.61 | 0.02 | 3 | ||
2024-04-24 | 2024-03-31 | 0.35 | 0.36 | 0.01 | 2 | ||
2024-02-08 | 2023-12-31 | 1.13 | 1.18 | 0.05 | 4 | ||
2023-10-20 | 2023-09-30 | 0.73 | 0.7 | -0.03 | 4 | ||
2023-07-21 | 2023-06-30 | 0.6 | 0.57 | -0.03 | 5 | ||
2023-04-27 | 2023-03-31 | 0.34 | 0.38 | 0.04 | 11 | ||
2023-02-09 | 2022-12-31 | 1.01 | 1.02 | 0.01 | 0 | ||
2022-10-21 | 2022-09-30 | 0.59 | 0.63 | 0.04 | 6 | ||
2022-07-21 | 2022-06-30 | 0.58 | 0.63 | 0.05 | 8 | ||
2022-04-28 | 2022-03-31 | 0.4 | 0.47 | 0.07 | 17 | ||
2022-02-10 | 2021-12-31 | 0.81 | 0.82 | 0.01 | 1 | ||
2021-10-21 | 2021-09-30 | 0.49 | 0.63 | 0.14 | 28 | ||
2021-07-21 | 2021-06-30 | 0.42 | 0.7 | 0.28 | 66 | ||
2021-04-28 | 2021-03-31 | 0.15 | 0.45 | 0.3 | 200 | ||
2021-02-10 | 2020-12-31 | 0.8 | 0.86 | 0.06 | 7 | ||
2020-10-21 | 2020-09-30 | 0.33 | 0.53 | 0.2 | 60 | ||
2020-07-29 | 2020-06-30 | 0.2 | 0.23 | 0.03 | 15 | ||
2020-04-22 | 2020-03-31 | 0.09 | 0.11 | 0.02 | 22 | ||
2020-02-12 | 2019-12-31 | 0.83 | 0.88 | 0.05 | 6 | ||
2019-10-22 | 2019-09-30 | 0.47 | 0.49 | 0.02 | 4 | ||
2019-07-23 | 2019-06-30 | 0.44 | 0.46 | 0.02 | 4 | ||
2019-04-26 | 2019-03-31 | 0.04 | 0.11 | 0.07 | 175 | ||
2019-02-13 | 2018-12-31 | 0.79 | 0.89 | 0.1 | 12 | ||
2018-10-19 | 2018-09-30 | 0.45 | 0.48 | 0.03 | 6 | ||
2018-07-24 | 2018-06-30 | 0.42 | 0.43 | 0.01 | 2 | ||
2018-04-27 | 2018-03-31 | 0.05 | 0.03 | -0.02 | 40 | ||
2018-02-14 | 2017-12-31 | 0.77 | 0.79 | 0.02 | 2 | ||
2017-10-24 | 2017-09-30 | 0.33 | 0.31 | -0.02 | 6 | ||
2017-07-25 | 2017-06-30 | 0.34 | 0.27 | -0.07 | 20 | ||
2017-04-21 | 2017-03-31 | 0.03 | 0.05 | 0.02 | 66 | ||
2017-02-10 | 2016-12-31 | 0.67 | 0.75 | 0.08 | 11 | ||
2016-10-21 | 2016-09-30 | 0.29 | 0.31 | 0.02 | 6 | ||
2016-07-21 | 2016-06-30 | 0.33 | 0.33 | 0.0 | 0 | ||
2016-04-22 | 2016-03-31 | 0.0058 | 0.0132 | 0.0074 | 127 | ||
2016-02-12 | 2015-12-31 | 0.62 | 0.66 | 0.04 | 6 | ||
2015-10-21 | 2015-09-30 | 0.25 | 0.18 | -0.07 | 28 | ||
2015-07-22 | 2015-06-30 | 0.27 | 0.29 | 0.02 | 7 | ||
2015-04-24 | 2015-03-31 | -0.03 | 0.29 | 0.32 | 1066 | ||
2015-02-13 | 2014-12-31 | 0.58 | 0.57 | -0.01 | 1 | ||
2014-10-22 | 2014-09-30 | 0.21 | 0.21 | 0.0 | 0 | ||
2014-07-18 | 2014-06-30 | 0.25 | 0.25 | 0.0 | 0 | ||
2014-04-22 | 2014-03-31 | -0.08 | -0.05 | 0.03 | 37 | ||
2014-02-14 | 2013-12-31 | 0.58 | 0.56 | -0.02 | 3 | ||
2013-10-18 | 2013-09-30 | 0.18 | 0.17 | -0.01 | 5 | ||
2013-07-19 | 2013-06-30 | 0.22 | 0.18 | -0.04 | 18 | ||
2013-04-19 | 2013-03-31 | -0.13 | -0.14 | -0.01 | 7 | ||
2013-02-22 | 2012-12-31 | 0.53 | 0.56 | 0.03 | 5 | ||
2012-10-26 | 2012-09-30 | 0.17 | 0.15 | -0.02 | 11 | ||
2012-07-26 | 2012-06-30 | 0.2 | 0.22 | 0.02 | 10 | ||
2012-04-26 | 2012-03-31 | -0.1 | -0.1 | 0.0 | 0 | ||
2012-02-24 | 2011-12-31 | 0.39 | 0.5 | 0.11 | 28 | ||
2011-10-28 | 2011-09-30 | 0.1 | 0.16 | 0.06 | 60 | ||
2011-07-28 | 2011-06-30 | 0.2 | 0.19 | -0.01 | 5 | ||
2011-04-28 | 2011-03-31 | -0.11 | -0.1 | 0.01 | 9 | ||
2011-02-25 | 2010-12-31 | 0.31 | 0.36 | 0.05 | 16 | ||
2010-10-29 | 2010-09-30 | 0.07 | 0.08 | 0.01 | 14 | ||
2010-07-29 | 2010-06-30 | 0.1 | 0.15 | 0.05 | 50 | ||
2010-04-29 | 2010-03-31 | -0.13 | -0.15 | -0.02 | 15 | ||
2010-02-26 | 2009-12-31 | 0.24 | 0.24 | 0.0 | 0 | ||
2009-10-28 | 2009-09-30 | 0.01 | 0.03 | 0.02 | 200 | ||
2009-07-28 | 2009-06-30 | 0.1 | 0.04 | -0.06 | 60 | ||
2009-04-28 | 2009-03-31 | -0.2 | -0.16 | 0.04 | 20 | ||
2009-02-27 | 2008-12-31 | 0.29 | 0.39 | 0.1 | 34 | ||
2008-10-28 | 2008-09-30 | 0.06 | 0.08 | 0.02 | 33 | ||
2008-07-30 | 2008-06-30 | 0.16 | 0.17 | 0.01 | 6 | ||
2008-04-30 | 2008-03-31 | -0.16 | -0.15 | 0.01 | 6 | ||
2008-02-29 | 2007-12-31 | 0.22 | 0.31 | 0.09 | 40 | ||
2007-11-01 | 2007-09-30 | 0.03 | -0.06 | -0.09 | 300 | ||
2007-08-07 | 2007-06-30 | 0.1 | 0.24 | 0.14 | 140 | ||
2007-05-10 | 2007-03-31 | -0.17 | -0.29 | -0.12 | 70 | ||
2007-02-28 | 2006-12-31 | 0.22 | 0.11 | -0.11 | 50 | ||
2006-11-08 | 2006-09-30 | -0.14 | -0.01 | 0.13 | 92 | ||
2006-08-09 | 2006-06-30 | 0.02 | 0.11 | 0.09 | 450 | ||
2006-05-10 | 2006-03-31 | -0.29 | -0.43 | -0.14 | 48 | ||
2006-03-22 | 2005-12-31 | 0.15 | -0.08 | -0.23 | 153 | ||
2005-11-09 | 2005-09-30 | -0.08 | -0.24 | -0.16 | 200 | ||
2005-09-30 | 2005-06-30 | 0.1 | 0.02 | -0.08 | 80 | ||
2004-11-03 | 2004-09-30 | 0.03 | -1.4 | -1.43 | 4766 | ||
2004-08-05 | 2004-06-30 | 0.09 | -0.03 | -0.12 | 133 | ||
2004-05-07 | 2004-03-31 | -0.01 | -0.05 | -0.04 | 400 | ||
2004-03-09 | 2003-12-31 | 0.12 | -0.26 | -0.38 | 316 | ||
2003-11-11 | 2003-09-30 | 0.14 | -0.85 | -0.99 | 707 | ||
2003-08-12 | 2003-06-30 | 0.15 | -0.04 | -0.19 | 126 | ||
2003-05-08 | 2003-03-31 | 0.07 | -0.02 | -0.09 | 128 | ||
2003-03-06 | 2002-12-31 | 0.18 | 0.05 | -0.13 | 72 | ||
2002-11-13 | 2002-09-30 | 0.08 | 0.02 | -0.06 | 75 | ||
2002-08-13 | 2002-06-30 | 0.39 | 0.31 | -0.08 | 20 | ||
2002-05-02 | 2002-03-31 | 0.18 | 0.18 | 0.0 | 0 | ||
2002-02-28 | 2001-12-31 | 0.29 | 0.3 | 0.01 | 3 | ||
2001-11-13 | 2001-09-30 | 0.13 | 0.15 | 0.02 | 15 | ||
2001-07-26 | 2001-06-30 | 0.32 | 0.31 | -0.01 | 3 | ||
2001-04-26 | 2001-03-31 | 0.22 | 0.21 | -0.01 | 4 | ||
2001-02-27 | 2000-12-31 | 0.47 | 0.46 | -0.01 | 2 | ||
2000-10-25 | 2000-09-30 | 0.24 | 0.26 | 0.02 | 8 | ||
2000-07-26 | 2000-06-30 | 0.56 | 0.56 | 0.0 | 0 | ||
2000-04-26 | 2000-03-31 | 0.18 | 0.2 | 0.02 | 11 | ||
2000-02-23 | 1999-12-31 | 0.44 | 0.44 | 0.0 | 0 | ||
1999-10-27 | 1999-09-30 | 0.2 | 0.21 | 0.01 | 5 | ||
1999-07-27 | 1999-06-30 | 0.48 | 0.49 | 0.01 | 2 | ||
1999-04-26 | 1999-03-31 | 0.15 | 0.16 | 0.01 | 6 | ||
1999-02-22 | 1998-12-31 | 0.39 | 0.38 | -0.01 | 2 | ||
1998-10-27 | 1998-09-30 | 0.16 | 0.17 | 0.01 | 6 | ||
1998-07-27 | 1998-06-30 | 0.41 | 0.42 | 0.01 | 2 | ||
1998-04-23 | 1998-03-31 | 0.1 | 0.14 | 0.04 | 40 | ||
1998-02-23 | 1997-12-31 | 0.36 | 0.36 | 0.0 | 0 | ||
1997-10-28 | 1997-09-30 | 0.13 | 0.14 | 0.01 | 7 | ||
1997-07-24 | 1997-06-30 | 0.36 | 0.37 | 0.01 | 2 | ||
1997-04-24 | 1997-03-31 | 0.09 | 0.09 | 0.0 | 0 | ||
1997-02-21 | 1996-12-31 | 0.32 | 0.32 | 0.0 | 0 | ||
1996-10-22 | 1996-09-30 | 0.11 | 0.11 | 0.0 | 0 | ||
1996-07-30 | 1996-06-30 | 0.31 | 0.31 | 0.0 | 0 | ||
1996-04-23 | 1996-03-31 | 0.07 | 0.08 | 0.01 | 14 | ||
1996-02-20 | 1995-12-31 | 0.28 | 0.28 | 0.0 | 0 | ||
1995-10-24 | 1995-09-30 | 0.09 | 0.09 | 0.0 | 0 |
Interpublic Group Corporate Directors
| Jocelyn CarterMiller | Independent Director | Profile | |
| Dawn Beach | Independent Director | Profile | |
| Patrick Moore | Independent Director | Profile | |
| Mary Guilfoile | Independent Director | Profile |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Interpublic Group of. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Advertising space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Interpublic Group. If investors know Interpublic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Interpublic Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.24) | Dividend Share 1.32 | Earnings Share 1.31 | Revenue Per Share 24.085 | Quarterly Revenue Growth (0.09) |
The market value of Interpublic Group is measured differently than its book value, which is the value of Interpublic that is recorded on the company's balance sheet. Investors also form their own opinion of Interpublic Group's value that differs from its market value or its book value, called intrinsic value, which is Interpublic Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Interpublic Group's market value can be influenced by many factors that don't directly affect Interpublic Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Interpublic Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Interpublic Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Interpublic Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.