As of Friday close, Omnicom Group Inc.’s (NYSE:OMC) stock was down -$0.32, moving down -0.39 percent to $81.60. The average number of shares traded per day over the past five days has been 2,488,640 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.95 fall in that time frame. In the last twenty days, the average volume was 2,587,060, while in the previous 50 days, it was 1,905,128.
Since last month, OMC stock retreated -11.45%. Shares of the company fell to $80.94 on 08/04/23, the lowest level in the past month. A 52-week high of $99.23 was reached on 07/18/23 after having rallying from a 52-week low of $61.85. Since the beginning of this year, OMC’s stock price has risen by 0.04% or $0.03, and marked a new high 16 times. However, the stock has declined by -17.77% since its 52-week high.
OMC stock investors should be aware that Omnicom Group Inc. (OMC) stock had its last reported insider trading activity 58 days ago on Jun 08. Nelson Jonathan B., the CEO, Omnicom Digital of the company, disposed of 25,000 shares for $94.71 on Jun 08. It resulted in a $2,367,750 divestment by the insider. Tarlowe Rochelle M. sold 1,800 shares at an average price of $94.12 on Jun 08. The insider now owns 13,496 shares following the transaction. On Apr 27, Director RICE LINDA JOHNSON sold 1,700 shares at $89.75 apiece. The transaction was valued at $152,575.
Valuation Metrics
Right now, Omnicom Group Inc. (OMC) has a P/E ratio of about 12.02. The stock’s beta is 0.87. Besides these, the trailing price-to-sales (P/S) ratio of 1.12, the price-to-book (PB) ratio of 5.15, and the price-to-cash flow ratio of 68.87 may also be considered.
The latest dividend of $0.70 per share was paid out, remained unchanged from last year’s $0.70. On Thursday February 18 2021, a $0.05 dividend increase was announced.
Financial Health
In the three months ended June 29, Omnicom Group Inc.’s quick ratio stood at 0.90, while its current ratio was 1.00, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 1.78, and the total debt-to-equity ratio was 1.79. On the profitability front, the trailing twelve-month gross margin is 27.40% percent. In the year ended June 29, EBITDA margin amounted to 16.91%, whereas operating margins totaled 14.50%. Based on annual data, OMC earned $2.79 billion in gross profit and brought in $14.29 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 17.40%. Return on equity (ROE) for the past 12 months was 45.30%.
In Omnicom Group Inc.’s quarter-end financial report for June 29, it reported total debt of $5.61 billion against cash and short-term investments of $75.9 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. OMC’s revenue rose 1.18% to $3.44 billion during the quarter, while net income inched up to $3.61 billion. While analysts expected Omnicom Group Inc. to report $1.8 quarterly earnings, the actual figure was $1.81 per share, beating the consensus estimate by 0.60%. During the quarter, the company generated $603.1 million in EBITDA. The liabilities of Omnicom Group Inc. were 21.41 billion at the end of its most recent quarter ended June 29, and its total debt was $6.48 billion. The value of shareholders’ equity is $197.57 million.
Technical Picture
This quick technical analysis looks at Omnicom Group Inc.’s (OMC) price momentum. With a historical volatility rate of 18.49%, the RSI 9-day stood at 28.36% on 04 August.
With respect to its five-day moving average, the current Omnicom Group Inc. price is down by -1.15% percent or -$0.95. At present, OMC shares trade -12.25% below its 20-day simple moving average and -4.72% percent below its 100-day simple moving average. However, the stock is currently trading approximately -11.34% below its SMA50 and +20.85% above its SMA200.
Stochastic coefficient K was 3.54% and Stochastic coefficient D was 5.60%, while ATR was 2.17. Given the Stochastic reading of 3.61% for the 14-day period, the RSI (14) reading has been calculated as 31.75%. As of today, the MACD Oscillator reading stands at -0.61, while the 14-day reading stands at -2.57.
Analyst Ratings
Omnicom Group Inc. downgraded its rating on Omnicom Group Inc. (NYSE: OMC) to an Equal weight in a note to investors on July 24, 2023. The analysts firm previously had an Overweight rating on the stock.Omnicom Group Inc. (OMC) has been rated Hold by analysts. According to 0 brokerage firms, OMC is a sell, and 10 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 0 analysts rate Omnicom Group Inc. stock as buy, with 4 recommending it as overweight.
With a median target price of $99.00, the current consensus forecast for the stock is $84.00 – $113.00. Based on these forecasts, analysts predict Omnicom Group Inc. (OMC) will achieve an average price target of $98.95.
