WPP Plc. ADR (NYSE: WPP) is -39.12% lower on its value in year-to-date trading and has touched a low of $29.12 and a high of $57.37 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The WPP stock was last observed hovering at around $29.34 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $29.31, the stock is -16.58% and -22.22% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.03 million and changing -0.10% at the moment leaves the stock -34.67% off its SMA200. WPP registered -42.98% loss for a year compared to 6-month loss of -40.29%. The firm has a 50-day simple moving average (SMA 50) of $37.6838 and a 200-day simple moving average (SMA200) of $44.8615.
The stock witnessed a -20.09% gain in the last 1 month and extending the period to 3 months gives it a -8.49%, and is -18.81% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.11% over the week and 1.77% over the month.
WPP Plc. ADR (WPP) has around 108044 employees, a market worth around $6.32B and $18.84B in sales. Current P/E ratio is 9.15 and Fwd P/E is 6.08. Profit margin for the company is 3.69%. Distance from 52-week low is 0.65% and -48.91% from its 52-week high. The company has generated returns on investments over the last 12 months (6.16%).
The EPS is expected to shrink by -13.54% this year
225.0 institutions hold shares in WPP Plc. ADR (WPP), with institutional investors hold 10.96% of the company’s shares. The shares outstanding are 215.75M, and float is at 215.75M with Short Float at 0.44%. Institutions hold 10.96% of the Float.
The top institutional shareholder in the company is HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC with over 3.62 million shares valued at $165.78 million. The investor’s holdings represent 0.3369 of the WPP Shares outstanding. As of 2024-06-30, the second largest holder is MONDRIAN INVESTMENT PARTNERS LTD with 2.9 million shares valued at $132.85 million to account for 0.2701 of the shares outstanding. The other top investors are INVESCO LTD. which holds 2.1 million shares representing 0.195 and valued at over $95.96 million, while FMR LLC holds 0.127 of the shares totaling 1.37 million with a market value of $62.5 million.
