WPP
About: Headquartered in the United Kingdom, WPP is the world's largest ad holding company based on annual revenue. Its services, which include traditional and digital advertising, public relations, and consulting, are provided worldwide, with over 70% of its revenue coming from more developed regions such as North America, the UK, and Western Europe.
Employees: 111,000
0
Funds holding %
of 6,815 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
35% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 17
28% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 58
16% more capital invested
Capital invested by funds: $859M [Q2] → $993M (+$134M) [Q3]
1% more funds holding
Funds holding: 183 [Q2] → 185 (+2) [Q3]
0.06% more ownership
Funds ownership: 1.74% [Q2] → 1.8% (+0.06%) [Q3]
43% less call options, than puts
Call options by funds: $388K | Put options by funds: $685K
Research analyst outlook
We haven’t received any recent analyst ratings for WPP.
Financial journalist opinion
Based on 3 articles about WPP published over the past 30 days
Negative
Business Insider
9 hours ago
Thousands sign petition calling on ad titan WPP to rethink its 4-day RTO demand
Staff at WPP are pushing back against the company's new 4-day RTO mandate. A public petition calling for the firm to revoke its policy has gained thousands of signatures.
Negative
Proactive Investors
1 week ago
WPP's recent strength batted off as UBS doubles down on ‘sell' rating
WPP PLC (LSE:WPP)'s recent rebound has failed to shift sentiment at UBS, which doubled down on a ‘sell' rating for the advertising firm on poor prospects ahead. Though UBS upped WPP's share price target from 680p to 720p, the bank suggested a resurgence in its share price since the summer was unlikely to last.
Neutral
Business Wire
3 weeks ago
CMI Media Group Partners with Anoki on Industry-First Pharmaceutical Contextual CTV Advertising Campaign Across Both DTC and HCP Campaigns
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Anoki AI, a pioneer in multimodal AI for Connected Television (CTV), today announced a strategic partnership with CMI Media Group, a leading media agency specializing in healthcare and pharmaceutical marketing and part of WPP (NYSE: WPP). This first-of-kind collaboration enables CMI Media Group to leverage Anoki AI's ContextIQ technology for both direct-to-consumer (DTC) and healthcare provider (HCP) CTV campaigns, bringing unprecedented precision and eng.
Positive
Proactive Investors
1 month ago
WPP shares inch higher on Kantar deal talks with Ipsos
WPP PLC (LSE:WPP) shares rose after it was confirmed that French market research giant Ipsos is in talks about potentially buying Kantar Media. WPP owns a 40% stake in Kantar.
Positive
Zacks Investment Research
2 months ago
Are Investors Undervaluing WPP (WPP) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Neutral
Seeking Alpha
2 months ago
WPP plc (WPP) Q3 2024 Earnings Call Transcript
WPP plc (NYSE:WPP ) Q3 2024 Earnings Conference Call October 10, 2024 4:30 AM ET Company Participants Mark Read – CEO Joanne Wilson – CFO Conference Call Participants Laura Metayer - Morgan Stanley Nicolas Langlet - BNP Paribas Adrien de Saint Hilaire - Bank of America Thomas Singlehurst - Citi Joseph Thomas – HSBC Steve Liechti - Deutsche Numis Simon Baker - Bernstein Operator Good morning, ladies and gentlemen, and thank you for standing by. Welcome to the WPP 2024 Third Quarter Trading Update Conference Call and Webcast.
Neutral
Business Wire
2 months ago
WPP Third Quarter Trading Update
NEW YORK & LONDON--(BUSINESS WIRE)--WPP (NYSE: WPP) today reported its 2024 Third Quarter Trading Update. Third quarter £m +/(-) % reported1 +/(-) % LFL2 Revenue 3,558 1.4 4.1 Revenue less pass-through costs 2,765 (2.6) 0.5 Year to date Revenue 10,784 0.5 3.1 Revenue less pass-through costs 8,364 (3.3) (0.5) Q3 highlights Q3 reported revenue +1.4%, LFL revenue +4.1% Q3 LFL revenue less pass-through costs +0.5%, with North America +1.7%, We.
Positive
WSJ
2 months ago
WPP Returns to Growth, Beating Expectations
WPP reported a surprise rise in organic revenue for the third quarter, returning to growth after declines in previous quarters, as it benefited from higher spending among its bigger clients and a stabilization in the technology sector.
Neutral
Proactive Investors
2 months ago
WPP returns to quarterly growth but sees tougher quarter ahead
Advertising conglomerate WPP PLC (LSE:WPP) returned to growth in the past quarter with better revenues than expected, thanks to new wins with the likes of Amazon, Starbucks and Unilever. The FTSE 100-listed marketing group, which owns agencies including GroupM, Ogilvy, Mindshare and Finsbury, reported revenue less pass-through costs of £2.9 billion for the third quarter, up 0.5% on a like-for-like basis.
Positive
Reuters
2 months ago
Ad group WPP posts 0.5% rise in Q3 organic revenue
British ad group WPP reported a better-than-expected 0.5% rise in like-for-like organic revenue in the third quarter, with growth in North America, western continental Europe and India partly offset by continued tough trading in China.
Charts implemented using Lightweight Charts™