WPP (LON:WPP) Posts Earnings Results

WPP (LON:WPP) posted its earnings results on Thursday. The company reported GBX 50.30 ($0.63) EPS for the quarter, Digital Look Earnings reports. WPP had a net margin of 1.37% and a return on equity of 5.92%.

WPP Price Performance

Shares of LON:WPP opened at GBX 635.98 ($8.02) on Friday. The firm’s 50 day moving average is GBX 771.52 and its two-hundred day moving average is GBX 783.20. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 215.67. The firm has a market capitalization of £6.85 billion, a P/E ratio of 33.60, a PEG ratio of 13.47 and a beta of 1.13. WPP has a 52 week low of GBX 616.60 ($7.77) and a 52 week high of GBX 903 ($11.38).

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. decreased their price objective on shares of WPP from GBX 1,040 ($13.11) to GBX 960 ($12.10) and set a “neutral” rating for the company in a research report on Tuesday, January 7th.

Insider Activity

In other news, insider Joanne Wilson sold 8,794 shares of the stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of GBX 860 ($10.84), for a total value of £75,628.40 ($95,321.91). Corporate insiders own 0.22% of the company’s stock.

WPP Company Profile

WPP is the creative transformation company, using the power of creativity to build better futures for our people, planet, clients and communities.

At WPP we’re reinventing creativity on an ever-broader canvas, bringing together unrivalled talent, resources and skills to provide an integrated offer of communications, experience, commerce and technology for clients.