WPP (LON:WPP) Posts Earnings Results

WPP (LON:WPP) announced its earnings results on Thursday. The company reported GBX 50.30 ($0.63) earnings per share (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 Trading Down 1.4 %

LON WPP opened at GBX 635.98 ($8.02) on Friday. WPP has a 12 month low of GBX 616.60 ($7.77) and a 12 month high of GBX 903 ($11.38). The company has a debt-to-equity ratio of 215.67, a current ratio of 0.89 and a quick ratio of 0.89. The company has a 50-day moving average of GBX 771.52 and a 200-day moving average of GBX 783.20. The company has a market cap of £6.85 billion, a P/E ratio of 33.60, a P/E/G ratio of 13.47 and a beta of 1.13.

Insider Buying and Selling at WPP

In related 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 transaction of £75,628.40 ($95,321.91). 0.22% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

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

About WPP

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.