Is Omnicom Group, Inc. (OMC) Holding Up Well Over a Long-Time Horizon?

At the time of writing, Omnicom Group, Inc. [OMC] stock is trading at $105.22, down -0.26%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The OMC shares have gain 3.44% over the last week, with a monthly amount glided 2.54%, 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 October 16, 2024, when JP Morgan reiterated its Overweight rating and also boosted its price target to $119 from $118. Previously, Wells Fargo downgraded its rating to Equal Weight on October 16, 2024, and elevated its price target to $110. On May 07, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $110 on the stock. Wells Fargo upgraded its rating to a Overweight and increased its price target to $106 on April 17, 2024. Macquarie reiterated its recommendation of a Outperform and raised its price target to $110 on April 02, 2024. Exane BNP Paribas upgraded its rating to Outperform for this stock on March 28, 2024, but kept the price target unchanged to $115. In a note dated February 07, 2024, Wells Fargo reiterated an Equal Weight rating on this stock and boosted its target price from $85 to $91.

For the past year, the stock price of Omnicom Group, Inc. fluctuated between $73.28 and $105.93. Currently, Wall Street analysts expect the stock to reach $118.17 within the next 12 months. Omnicom Group, Inc. [NYSE: OMC] shares were valued at $105.22 at the most recent close of the market. An investor can expect a potential return of 12.31% based on the average OMC price forecast.

Analyzing the OMC fundamentals

According to Omnicom Group, Inc. [NYSE:OMC], the company’s sales were 15.43B for trailing twelve months, which represents an 8.51% jump. Gross Profit Margin for this corporation currently stands at 0.16% 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 0.38 and Total Capital is 0.17. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.96.

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 104.39 points at the first support level, and at 103.56 for the second support level. However, for the 1st resistance point, the stock is sitting at 106.28, and for the 2nd resistance point, it is at 107.34.

Ratios To Look Out For

It is important to note that Omnicom Group, Inc. [NYSE:OMC] has a current ratio of 0.98. As well, the Quick Ratio is 0.98, while the Cash Ratio is 0.23. Considering the valuation of this stock, the price to sales ratio is 1.33, the price to book ratio is 5.20 and price to earnings (TTM) ratio is 14.36.

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.

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