Recent exceptional positive changes in fundamentals have benefitted WPP PLC (NYSE: WPP): the consensus estimate for December, 2024 increased significantly, the stock’s power rating rose above 70, the consensus estimate for December, 2025 increased significantly, and significant quarterly earnings acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, WPP is expected to continue to be a Value Builder.
WPP has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. WPP has a poor Appreciation Score of 27 but a good Power Rating of 74, leading to the Neutral Value Trend Rating.
Recent Price Action
On 11/8/24, WPP PLC (NYSE: WPP) stock declined modestly by -2.0%, closing at $54.55. Moreover, this decline was accompanied by above average trading volume at 128% of normal. The stock has performed in line with the market over the last nine months and has risen 3.9% during the last week.
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