Analyst Ratings for WPP PLC ADR (WPPGY)Updated: 2017-07-27
Analysts covering WPP PLC ADR (NASDAQ:WPPGY) have given it a consensus rating of Overweight. A consensus rating of Overweight was previously issued for WPPGY last month.
A buy rating was issued by 17 analysts, 1 gave an overweight rating, 8 issued a hold rating, 0 issued an underweight rating, and 2 gave a sell rating. Compared to three months ago, there has been an decrease of 2 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 1.
Many analysts weighed in on price targets for WPPGY. The maximum price target given was 148.3, which equates to a potential upside of 46.44 percent. The most pessimistic analyst gave a price target of 99.52, which equates to a potential downside of -1.73 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is 0 percent. Meanwhile, fiscal year estimates have been revised upwards by 1.25 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 2.92 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 3 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of WPPGY to grow at a rate of 16.48 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. WPPGY has a PEG ratio of 0.88.
WPPGY has a 52-week high of 121.55 and a 52-week low of 99.94. The current market price is above the trailing year's low by 1.33 percent, and 16.68 percent lower than its 52-week high. WPPGY has a P/E ratio of 14.42. Investors typically compare the P/E ratio to a company's peers in the industry. The WPPGY value stock report compares WPPGY to some of its peers using value stock charts. The market cap of WPPGY is $25.74 billion. WPPGY will post this quarters earnings in days, on 0000-00-00.