A share price of Omnicom Group, Inc. [OMC] is currently trading at $102.04, down -0.63%. An important factor to consider is whether the stock is rising or falling in short-term value. The OMC shares have gain 1.38% over the last week, with a monthly amount glided 2.73%, 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. experienced fluctuations in its stock price throughout the past year between $72.20 and $104.80. Currently, Wall Street analysts expect the stock to reach $115.92 within the next 12 months. Omnicom Group, Inc. [NYSE: OMC] shares were valued at $102.04 at the most recent close of the market. An investor can expect a potential return of 13.6% based on the average OMC price forecast.
Analyzing the OMC fundamentals
Trailing Twelve Months sales for Omnicom Group, Inc. [NYSE:OMC] were 15.12B which represents 6.76% growth. Gross Profit Margin for this corporation currently stands at 0.18% 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 0.39 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 1.72.
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 101.55 points at the first support level, and at 101.05 for the second support level. However, for the 1st resistance point, the stock is sitting at 102.59, and for the 2nd resistance point, it is at 103.13.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Omnicom Group, Inc. [NYSE:OMC] is 0.93. On the other hand, the Quick Ratio is 0.93, and the Cash Ratio is 0.18. Considering the valuation of this stock, the price to sales ratio is 1.32, the price to book ratio is 5.49 and price to earnings (TTM) ratio is 14.10.
Transactions by insiders
Recent insider trading involved Tarlowe Rochelle M., Senior VP and Treasurer, that happened on Aug 26 ’24 when 3000.0 shares were sold. Officer, Tarlowe Rochelle M. completed a deal on Aug 26 ’24 to buy 3000.0 shares. Meanwhile, Director RICE LINDA JOHNSON sold 488.0 shares on Jul 19 ’24.
