Omnicom Group Inc. [NYSE: OMC] surged by $1.76 during the normal trading session on Friday and reaching a high of $51.60 during the day while it closed the day at $51.33.
Omnicom Group Inc. stock has also gained 4.44% of its value over the past 7 days. However, OMC stock has declined by -7.11% in the 3 months of the year. Over the past six months meanwhile, it has gained 3.51% and lost -36.65% year-on date.
The market cap for OMC stock reached $10.65 billion, with 214.90 million shares outstanding and 213.08 million shares in the current float. Compared to the average trading volume of 1.98M shares, OMC reached a trading volume of 1653026 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Omnicom Group Inc. [OMC]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for OMC shares is $57.33 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on OMC stock is a recommendation set at 3.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Evercore ISI have made an estimate for Omnicom Group Inc. shares, keeping their opinion on the stock as Underperform, with their previous recommendation back on September 09, 2020. The new note on the price target was released on September 08, 2020, representing the official price target for Omnicom Group Inc. stock. Previously, the target price had yet another drop from $86 to $60, while Citigroup kept a Buy rating on OMC stock.
The Average True Range (ATR) for Omnicom Group Inc. is set at 1.55, with the Price to Sales ratio for OMC stock in the period of the last 12 months amounting to 0.76. The Price to Book ratio for the last quarter was 4.57, with the Price to Cash per share for the same quarter was set at 15.81. Price to Free Cash Flow for OMC in the course of the last twelve months was 12.79 with Quick ratio for the last quarter at 1.00.
OMC stock trade performance evaluation
Omnicom Group Inc. [OMC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.44. With this latest performance, OMC shares dropped by -4.82% in over the last four-week period, additionally plugging by 3.51% over the last 6 months – not to mention a drop of -32.44% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for OMC stock in for the last two-week period is set at 50.14, with the RSI for the last a single of trading hit 54.50, and the three-weeks RSI is set at 47.45 for Omnicom Group Inc. [OMC]. The present Moving Average for the last 50 days of trading for this stock 53.01, while it was recorded at 49.78 for the last single week of trading, and 60.40 for the last 200 days.
Omnicom Group Inc. [OMC]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Omnicom Group Inc. [OMC] shares currently have an operating margin of +14.19 and a Gross Margin at +16.91. Omnicom Group Inc.’s Net Margin is presently recorded at +8.95.
Return on Total Capital for OMC is now 22.58, given the latest momentum, and Return on Invested Capital for the company is 16.98. Return on Equity for this stock inclined to 49.59, with Return on Assets sitting at 5.21. When it comes to the capital structure of this company, Omnicom Group Inc. [OMC] has a Total Debt to Total Equity ratio set at 239.96. Additionally, OMC Total Debt to Total Capital is recorded at 70.58, with Total Debt to Total Assets ending up at 25.57. Long-Term Debt to Equity for the company is recorded at 206.69, with the Long-Term Debt to Total Capital now at 60.80.
Reflecting on the efficiency of the workforce at the company, Omnicom Group Inc. [OMC] managed to generate an average of $19,130 per employee. Receivables Turnover for the company is 1.67 with a Total Asset Turnover recorded at a value of 0.58.Omnicom Group Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.00 and a Current Ratio set at 1.00.
Earnings per share (EPS) analysis for Omnicom Group Inc. [OMC] stock
With the latest financial reports released by the company, Omnicom Group Inc. posted 1.32/share EPS, while the average EPS was predicted by analysts to be reported at 1.31/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.80%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for OMC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Omnicom Group Inc. go to 1.40%.
Omnicom Group Inc. [OMC]: Insider Ownership positions
There are presently around $10,632 million, or 99.20% of OMC stock, in the hands of institutional investors. The top three institutional holders of OMC stocks are: VANGUARD GROUP INC with ownership of 25,392,550, which is approximately -3.399% of the company’s market cap and around 0.60% of the total institutional ownership; BLACKROCK INC., holding 19,633,212 shares of the stock with an approximate value of $1.01 billion in OMC stocks shares; and STATE STREET CORP, currently with $616.81 million in OMC stock with ownership of nearly -1.695% of the company’s market capitalization.
Positions in Omnicom Group Inc. stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 285 institutional holders increased their position in Omnicom Group Inc. [NYSE:OMC] by around 20,642,870 shares. Additionally, 404 investors decreased positions by around 28,850,845 shares, while 104 investors held positions by with 157,633,847 shares. The mentioned changes placed institutional holdings at 207,127,562 shares, according to the latest SEC report filing. OMC stock had 59 new institutional investments in for a total of 1,710,107 shares, while 87 institutional investors sold positions of 5,743,466 shares during the same period.