Somewhat Positive Media Coverage Somewhat Unlikely to Impact WPP PLC (NASDAQ:WPPGY) Stock Price

Headlines about WPP PLC (NASDAQ:WPPGY) have been trending somewhat positive on Saturday, Accern reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. WPP PLC earned a news impact score of 0.19 on Accern’s scale. Accern also assigned press coverage about the business services provider an impact score of 46.1187297647733 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

A number of analysts recently weighed in on WPPGY shares. Zacks Investment Research upgraded shares of WPP PLC from a “sell” rating to a “hold” rating in a report on Monday, September 11th. BidaskClub cut shares of WPP PLC from a “hold” rating to a “sell” rating in a report on Tuesday, June 20th. Deutsche Bank AG cut shares of WPP PLC from a “buy” rating to a “hold” rating in a report on Monday, July 17th. ValuEngine cut shares of WPP PLC from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Finally, BNP Paribas downgraded shares of WPP PLC from an “outperform” rating to an “underperform” rating in a research report on Friday, July 7th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and six have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $121.50.

Shares of WPP PLC (WPPGY) opened at 95.33 on Friday. The company has a 50 day moving average of $96.65 and a 200 day moving average of $104.17. The stock has a market cap of $24.14 billion, a P/E ratio of 10.84 and a beta of 1.21. WPP PLC has a 12 month low of $89.40 and a 12 month high of $121.06.

WPP PLC (NASDAQ:WPPGY) last issued its quarterly earnings data on Wednesday, August 23rd. The business services provider reported $3.02 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $3.02. Equities research analysts expect that WPP PLC will post $9.39 earnings per share for the current fiscal year.

The company also recently disclosed a semiannual dividend, which will be paid on Monday, November 6th. Investors of record on Friday, October 6th will be issued a dividend of $1.4532 per share. This represents a yield of 3.15%. The ex-dividend date of this dividend is Thursday, October 5th.

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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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