WPP plc (LON:WPP - Get Free Report) insider Andrew Scott sold 50,492 shares of the business's stock in a transaction on Friday, March 14th. The stock was sold at an average price of GBX 634 ($8.24), for a total value of £320,119.28 ($416,171.71).
WPP Stock Performance
Shares of WPP stock opened at GBX 622.80 ($8.10) on Wednesday. WPP plc has a 52 week low of GBX 604.20 ($7.85) and a 52 week high of GBX 903 ($11.74). The business's fifty day simple moving average is GBX 721.92 and its 200-day simple moving average is GBX 776.32. The firm has a market cap of £6.71 billion, a PE ratio of 32.90, a price-to-earnings-growth ratio of 13.47 and a beta of 1.13. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 215.67.
WPP (LON:WPP - Get Free Report) last announced its quarterly earnings results on Thursday, February 27th. The company reported GBX 50.30 ($0.65) EPS for the quarter. WPP had a return on equity of 5.92% and a net margin of 1.37%. Equities analysts forecast that WPP plc will post 81.6125654 earnings per share for the current year.
WPP Increases Dividend
The company also recently disclosed a dividend, which will be paid on Friday, July 4th. Investors of record on Thursday, June 5th will be issued a GBX 24.40 ($0.32) dividend. This represents a dividend yield of 3.91%. The ex-dividend date is Thursday, June 5th. This is an increase from WPP's previous dividend of $15.00. WPP's payout ratio is currently 206.02%.
Wall Street Analysts Forecast Growth
Separately, JPMorgan Chase & Co. decreased their price target on WPP from GBX 1,040 ($13.52) to GBX 960 ($12.48) and set a "neutral" rating on the stock in a research note on Tuesday, January 7th.
Check Out Our Latest Analysis on WPP
About WPP
(
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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.
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