WPP plc (LON:WPP - Get Free Report)'s stock price reached a new 52-week low on Thursday . The company traded as low as GBX 603 ($7.80) and last traded at GBX 604.80 ($7.82), with a volume of 9014023 shares changing hands. The stock had previously closed at GBX 611.60 ($7.91).
Analysts Set New Price Targets
Separately, JPMorgan Chase & Co. decreased their target price on shares of WPP from GBX 1,040 ($13.45) to GBX 960 ($12.41) and set a "neutral" rating on the stock in a research report on Tuesday, January 7th.
Get Our Latest Analysis on WPP
WPP Stock Performance
The company's fifty day moving average price is GBX 703.17 and its two-hundred day moving average price is GBX 770.27. The firm has a market capitalization of £6.26 billion, a PE ratio of 30.68, a price-to-earnings-growth ratio of 13.47 and a beta of 1.13. The company has a debt-to-equity ratio of 215.67, a quick ratio of 0.89 and a current ratio of 0.89.
WPP (LON:WPP - Get Free Report) last announced its quarterly earnings results on Thursday, February 27th. The company reported GBX 50.30 ($0.65) earnings per share for the quarter. WPP had a net margin of 1.37% and a return on equity of 5.92%. As a group, equities analysts expect that WPP plc will post 81.6125654 earnings per share for the current year.
WPP Increases Dividend
The firm also recently announced a dividend, which will be paid on Friday, July 4th. Stockholders of record on Thursday, June 5th will be paid a GBX 24.40 ($0.32) dividend. This represents a dividend yield of 3.91%. The ex-dividend date of this dividend is Thursday, June 5th. This is an increase from WPP's previous dividend of $15.00. WPP's dividend payout ratio (DPR) is currently 206.02%.
Insider Activity at WPP
In other WPP news, insider Joanne Wilson sold 23,371 shares of the firm's stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of GBX 640 ($8.28), for a total transaction of £149,574.40 ($193,398.50). Also, insider Andrew Scott sold 50,492 shares of the stock in a transaction that occurred on Friday, March 14th. The shares were sold at an average price of GBX 634 ($8.20), for a total value of £320,119.28 ($413,911.66). 0.22% of the stock is owned by insiders.
About WPP
(
Get Free Report)
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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