4 Reasons to Go Long On Omnicom Group Inc. [OMC]

Omnicom Group Inc. [OMC] shares are down more than -18.05% this year and recently decreased -0.01% or -$0.56 to settle at $64.43. Analysts expect OMC to grow earnings at a 3.20% annual rate over the next 5 years. OMC has a short ratio of 4.96. This implies that the market is currently less bearish on the outlook for OMC.

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Analyst Birdseye View:

The most recent analyst activity for Omnicom Group Inc. [NYSE:OMC] stock was on October 12, 2020, when it was Upgrade with an Overweight rating from Barclays. Before that, on October 28, 2020, MoffettNathanson Recapitulated a Neutral rating and elevated its amount target to $50. On September 09, 2020, Evercore ISI Resumed an Underperform rating. On September 08, 2020, Standpoint Research Initiated a Buy rating. On March 24, 2020, Citigroup Upgrade a Buy rating and decreased its price target to $60. On February 12, 2020, CFRA Downgrade a Hold rating. On September 24, 2019, Wells Fargo Initiated a Market perform rating and boosted its target amount on this stock to $81. On July 15, 2019, BMO Capital Markets Downgrade a Market perform rating and improved its amount target to $86.

In the past 52 weeks of trading, this stock has oscillated between a low of $44.50 and a peak of $82.73. Right now, the middling Wall Street analyst 12-month amount mark is $58.00. At the most recent market close, shares of Omnicom Group Inc. [NYSE:OMC] were valued at $64.43. According to the average price forecast, investors can expect a potential return of -1.47%.

FUNDAMENTAL ANALYSIS

Omnicom Group Inc. [NYSE:OMC] most recently reported quarterly sales of 3.21 billion, which represented growth of -11.50%. This publicly-traded organization’s revenue is $213,624 per employee, while its income is $19,130 per employee. This company’s Gross Margin is currently 27.10%, its Operating Margin is 12.10%, its Pretax Margin is +12.96, and its Net Margin is +8.95. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 5.21, 49.59, 22.58 and 16.98 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 70.58 and the whole liability to whole assets at 25.57. It shows enduring liability to the whole principal at 60.80 and enduring liability to assets at 0.22 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 64.55 points at 1st support level, the second support level is making up to 64.12. But as of 1st resistance point, this stock is sitting at 65.61 and at 66.24 for 2nd resistance point.

Omnicom Group Inc. [OMC] reported its earnings at $1.21 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $1.07/share signifying the difference of 0.14 and 13.10% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $0.92 calling estimates for $0.92/share with the difference of 0 depicting the surprise of 0.00%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Omnicom Group Inc. [NYSE:OMC] is 1.00. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.27. Now if looking for a valuation of this stock’s amount to sales ratio it’s 1.20, it’s amount to book ratio is 6.16 and showing 14.70 of P/E (TTM) ratio.

Insider Stories

The most recent insider trade was by RICE LINDA JOHNSON, Director, and it was the sale of 540.0 shares on Feb 21.