Media stories about Wpp Plc (NASDAQ:WPPGY) have trended somewhat positive recently, according to Accern. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Wpp Plc earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned news headlines about the business services provider an impact score of 48.9205559663889 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the news headlines that may have impacted Accern Sentiment’s scoring:
- WPP Q3 Revenue Up 1.1%; Lowers FY17 Outlook – Quick Facts (rttnews.com)
- Google, Facebook and Amazon Just Brought Some Pain to World’s Biggest Ad Agency (finance.yahoo.com)
- WPP Third Quarter Trading Update (finance.yahoo.com)
- Y&R’s BAV Group Launches BAVSocial (finance.yahoo.com)
- [$$] WPP Cuts Forecasts Again on Lower Ad Spending (finance.yahoo.com)
Several analysts have recently weighed in on WPPGY shares. Zacks Investment Research raised shares of Wpp Plc from a “hold” rating to a “buy” rating and set a $113.00 price target for the company in a research note on Thursday, July 13th. Pivotal Research upgraded shares of Wpp Plc from a “hold” rating to a “buy” rating in a report on Tuesday. Morgan Stanley lowered shares of Wpp Plc from an “overweight” rating to an “equal weight” rating in a report on Tuesday, September 26th. Deutsche Bank AG lowered shares of Wpp Plc from a “buy” rating to a “hold” rating in a report on Monday, July 17th. Finally, BidaskClub lowered shares of Wpp Plc from a “sell” rating to a “strong sell” rating in a report on Wednesday, July 12th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and eight have given a buy rating to the stock. Wpp Plc currently has a consensus rating of “Hold” and a consensus target price of $116.00.
Shares of Wpp Plc (WPPGY) opened at 88.29 on Wednesday. The firm has a market capitalization of $22.36 billion, a price-to-earnings ratio of 9.88 and a beta of 1.20. The firm’s 50-day moving average is $91.33 and its 200-day moving average is $100.99. Wpp Plc has a 12-month low of $85.06 and a 12-month high of $119.12.
Wpp Plc (NASDAQ:WPPGY) last released its quarterly earnings data on Wednesday, August 23rd. The business services provider reported $3.02 earnings per share (EPS) for the quarter, hitting the consensus estimate of $3.02. Equities research analysts forecast that Wpp Plc will post $9.39 EPS for the current fiscal year.
The firm also recently disclosed a semiannual dividend, which will be paid on Monday, November 6th. Shareholders of record on Friday, October 6th will be paid a dividend of $1.4532 per share. The ex-dividend date of this dividend is Thursday, October 5th. This represents a yield of 3.15%.
Wpp Plc Company Profile
WPP PLC is a parent company that, through its subsidiaries, is engaged in the provision of communications and marketing services worldwide. The Company has four segments: Advertising and Media Investment Management; Consumer Insight (formerly Information, Insight & Consultancy); Public Relations & Public Affairs, and Branding & Identity, Healthcare and Specialist Communications, which includes WPP Digital and direct, digital, promotional and relationship marketing.
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