Omnicom Group, Inc. [OMC] stock prices are down -1.31% to $95.31 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The OMC shares have gain 2.08% over the last week, with a monthly amount glided 7.77%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Omnicom Group, Inc. [NYSE: OMC] stock has seen the most recent analyst activity on April 02, 2024, when Macquarie reiterated its Outperform rating and also boosted its price target to $110 from $100. Previously, Exane BNP Paribas upgraded its rating to Outperform on March 28, 2024, and kept the price target unchanged to $115. On February 07, 2024, Wells Fargo reiterated its Equal Weight rating and revised its price target to $91 on the stock. JP Morgan reiterated its Overweight rating and decreased its price target to $104 on February 07, 2024. UBS initiated its recommendation with a Buy and recommended $117 as its price target on January 11, 2024. Macquarie upgraded its rating to Outperform for this stock on January 05, 2024. In a note dated December 15, 2023, Morgan Stanley upgraded an Overweight rating on this stock and boosted its target price from $90 to $100.
The stock price of Omnicom Group, Inc. [OMC] has been fluctuating between $72.20 and $99.23 over the past year. Currently, Wall Street analysts expect the stock to reach $114.67 within the next 12 months. Omnicom Group, Inc. [NYSE: OMC] shares were valued at $95.31 at the most recent close of the market. An investor can expect a potential return of 20.31% based on the average OMC price forecast.
Analyzing the OMC fundamentals
The Omnicom Group, Inc. [NYSE:OMC] reported sales of 14.69B for trailing twelve months, representing a surge of 4.98%. Gross Profit Margin for this corporation currently stands at 0.18% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.4 and Total Capital is 0.18. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.8.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 94.51 points at the first support level, and at 93.70 for the second support level. However, for the 1st resistance point, the stock is sitting at 96.29, and for the 2nd resistance point, it is at 97.26.
Omnicom Group, Inc. [OMC] reported earnings per share of $2.2 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $2.16/share, meaning a difference of $0.04 and a surprise factor of 1.90%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $1.86 per share as compared to estimates of $1.84 per share, a difference of $0.02 representing a surprise of 1.10%.
Ratios To Look Out For
It’s worth pointing out that Omnicom Group, Inc. [NYSE:OMC]’s Current Ratio is 0.95. Also, the Quick Ratio is 0.95, while the Cash Ratio stands at 0.27. Considering the valuation of this stock, the price to sales ratio is 1.28, the price to book ratio is 5.22 and price to earnings (TTM) ratio is 13.77.
Transactions by insiders
Recent insider trading involved Tarlowe Rochelle M., Senior VP and Treasurer, that happened on Mar 13 ’24 when 1500.0 shares were sold. Director, RICE LINDA JOHNSON completed a deal on Feb 09 ’24 to sell 507.0 shares. Meanwhile, Director RICE LINDA JOHNSON sold 587.0 shares on Nov 15 ’23.
