WPP plc (NYSE:WPP) announces the sale of The Farm Group, a leading provider of post-production services, to Los Angeles-based Picture Shop.The sale is in line with WPP’s new strategy as set out in December 2018, a key element of which is to focus on its main areas of business and simplify its operations through the disposal of non-core assets.
Technical Stock Analysis
WPP plc (NYSE:WPP), a Consumer Goods sector firm, traded 233086 shares in last trading session and stock shed -1.15% with closing price of $61.89 per share. Company gross margins represents its total sales revenue minus its cost of goods sold (COGS), divided by the total sales revenue earned by the company, expressed as a percentage. And its good to know that the higher that percentage, the more the company retains on each dollar of sales, to service its other costs and the debt obligations, and WPP plc (NYSE:WPP)’s gross margin stands at 18.80%.
Investment Worthy Stock or not?
For personal guess ROI is usually expressed as a percentage and is typically used for taking any financial decisions, for the purpose of comparing a WPP plc (NYSE:WPP)’s profitability or to compare the efficiency of different investments, hence, WPP return on investment (ROI) is 6.60%.
52-Week Range
52-Week Range are valuable stats for watching WPP plc (NYSE:WPP)’s past year fluctuation as that gives investors an idea of how much the security has moved in the last year and whether it is trading near the top, middle or bottom of the range. WPP plc (NYSE:WPP)’s stock value has moved between $50.32 – 84.78 in last one year.
Analyst’s Views
Analysts mean target price for WPP plc (NYSE:WPP) is $59.00 while analysts mean recommendation is 3.00.
Stock Performance
Its weekly performance is 2.18% while year to date (YTD) performance is 12.94%.
EPS Growth
Earnings per share growth is defined as the percentage change in normalised earnings per share over the previous 12 month period to the latest year end. It gives a good picture of the rate at which a company has grown its profitability. WPP plc (NYSE:WPP)’s EPS growth this year is -33.70%. For best decision making investors should look at WPP plc (NYSE:WPP)’s EPS growth for next year stands at 2.48%.
