WPP LN (Update)

WPP PLC

TMT


Presented:07/24/2017
Price:£15.93
Cap:$31.72B
Current Price:£7.59
Cap:$12.57B

Presented

Date07/24/2017
Price£15.93
Market Cap$31.72B
Ent Value$43.19B
P/E Ratio14.53x
Book Value£7.36
Div Yield4.65%
Shares O/S1,296.00M
Ave Daily Vol5,339,058
Short IntN/A

Current

Price£7.59
Market Cap$12.57B
WPP Plc engages in the provision of communications services. It operates through the following business segments: Advertising and Media Investment Management; Data Investment Management; Public Relations and Public Affairs; and Branding and Identity, Healthcare, and Specialist Communications. The Advertising and Media Investment Management segment provides advertising; above and below-the-line media planning and buying; and specialist sponsorship and branded entertainment services. The Data Investment Management segment includes TNS, Millward Brown, The Futures Company, and other specialists in brand, consumer, media, and marketplace insight. The Public Relations and Public Affairs segment comprises of corporate, consumer, financial, and brand-building services from public relations and lobbying firms such as Burson-Marsteller, Cohn & Wolfe, H+K Strategies, Ogilvy Public Relations, and Finsbury. The Branding and Identity, Healthcare, and Specialist Communications segment covers WPP Digital; and direct, digital, promotional, and relationship marketing. The company was founded in 1985 and is headquartered in London, United Kingdom.

Please note, this is an update to Short- WPP plc (WPP LN), which was originally presented on 02/24/2016.
Publicly traded companies mentioned herein: WPP plc (WPP LN)

Highlights

The presenter remains short shares of WPP, noting that WPP is down approximately 15% year-to-date, and that the thesis could finally be “starting to work.”

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Idea Discussion

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