Omnicom Group, Inc. [OMC] stock is trading at $95.69, up 0.65%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The OMC shares have gain 3.30% over the last week, with a monthly amount glided 4.28%, 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 May 07, 2024, when Barclays upgraded its rating to a Overweight and also boosted its price target to $110 from $100. Previously, Wells Fargo upgraded its rating to Overweight on April 17, 2024, and elevated its price target to $106. On April 02, 2024, Macquarie reiterated its Outperform rating and revised its price target to $110 on the stock. Exane BNP Paribas upgraded its rating to a Outperform but stick to its price target of $115 on March 28, 2024. Wells Fargo reiterated its recommendation of a Equal Weight and raised its price target to $91 on February 07, 2024. JP Morgan reiterated a Overweight rating for this stock on February 07, 2024, and downed its price target to $104. In a note dated January 11, 2024, UBS initiated an Buy rating and provided a target price of $117 on this stock.
Omnicom Group, Inc. [OMC] stock has fluctuated between $72.20 and $99.23 over the past year. Currently, Wall Street analysts expect the stock to reach $117.64 within the next 12 months. Omnicom Group, Inc. [NYSE: OMC] shares were valued at $95.69 at the most recent close of the market. An investor can expect a potential return of 22.94% based on the average OMC price forecast.
Analyzing the OMC fundamentals
Omnicom Group, Inc. [NYSE:OMC] reported sales of 14.88B for the trailing twelve months, which represents a growth of 5.44%. Gross Profit Margin for this corporation currently stands at 0.19% with Operating Profit Margin at 0.15%, 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 0.41 and Total Capital is 0.18. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.99.
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 95.05 points at the first support level, and at 94.40 for the second support level. However, for the 1st resistance point, the stock is sitting at 96.09, and for the 2nd resistance point, it is at 96.48.
Omnicom Group, Inc. [OMC] reported earnings per share of $1.67 for its fiscal quarter that ended on 3/31/2024. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $1.55/share, meaning a difference of $0.12 and a surprise factor of 7.70%. By comparison, the stated earnings for the previous quarter ended on 12/31/2023 were $2.2 per share as compared to estimates of $2.16 per share, a difference of $0.04 representing a surprise of 1.90%.
Ratios To Look Out For
For context, Omnicom Group, Inc.’s Current Ratio is 0.93. Further, the Quick Ratio stands at 0.93, while the Cash Ratio is 0.21. Considering the valuation of this stock, the price to sales ratio is 1.26, the price to book ratio is 5.25 and price to earnings (TTM) ratio is 12.93.
Transactions by insiders
Recent insider trading involved RICE LINDA JOHNSON, Director, that happened on May 03 ’24 when 453.0 shares were sold. Senior VP and Treasurer, Tarlowe Rochelle M. completed a deal on Mar 13 ’24 to sell 1500.0 shares. Meanwhile, Director RICE LINDA JOHNSON sold 507.0 shares on Feb 09 ’24.
