Omnicom Group Inc. [OMC] is 18.17% higher this YTD. Is it still time to buy?

Omnicom Group Inc. [NYSE: OMC] closed the trading session at $73.70 on 07/21/21. The day’s price range saw the stock hit a low of $73.2143, while the highest price level was $75.22. The company report on July 21, 2021 that TracyLocke Named la Madeleine Strategic and Creative Agency, Expanding Food Service Center of Excellence.

Haygarth U.S. also named In-Store Marketing and Merchandising Agency for CKE Restaurants, growing Omnicom Commerce Group’s Food Service Portfolio.

TracyLocke, leading commerce and communications agency, was named Strategic and Creative Agency of Dallas-based restaurant chain la Madeleine. This win supports the continued growth of TracyLocke’s food service center of excellence, which currently includes work with PepsiCo, Pizza Hut and Godiva. TracyLocke sister agency, Haygarth U.S., was also named In-Store Marketing and Merchandising Agency for CKE Restaurants.

The stocks have a year to date performance of 18.17 percent and weekly performance of -6.51 percent. The stock has been moved at 17.23 percent over the last six months. The stock has performed -7.66 percent around the most recent 30 days and changed -8.55 percent over the most recent 3-months.

If compared to the average trading volume of 1.69M shares, OMC reached to a volume of 3564770 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 $82.62 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 2.60. 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.

Macquarie have made an estimate for Omnicom Group Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on May 03, 2021. While these analysts kept the previous recommendation, MoffettNathanson raised their target price from $45 to $50. The new note on the price target was released on October 28, 2020, representing the official price target for Omnicom Group Inc. stock.

The Average True Range (ATR) for Omnicom Group Inc. is set at 1.89, with the Price to Sales ratio for OMC stock in the period of the last 12 months amounting to 1.22. The Price to Book ratio for the last quarter was 4.95. Price to Free Cash Flow for OMC in the course of the last twelve months was 9.87 with Quick ratio for the last quarter at 1.00.

OMC stock trade performance evaluation

Omnicom Group Inc. [OMC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -6.51. With this latest performance, OMC shares dropped by -7.66% in over the last four-week period, additionally plugging by 17.23% over the last 6 months – not to mention a rise of 35.23% 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 32.16, with the RSI for the last a single of trading hit 28.06, and the three-weeks RSI is set at 35.58 for Omnicom Group Inc. [OMC]. The present Moving Average for the last 50 days of trading for this stock 80.84, while it was recorded at 75.82 for the last single week of trading, and 69.91 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 +13.01 and a Gross Margin at +15.75. Omnicom Group Inc.’s Net Margin is presently recorded at +7.18.

Return on Total Capital for OMC is now 15.92, given the latest momentum, and Return on Invested Capital for the company is 10.04. Return on Equity for this stock inclined to 31.84, with Return on Assets sitting at 3.47. When it comes to the capital structure of this company, Omnicom Group Inc. [OMC] has a Total Debt to Total Equity ratio set at 237.32. Additionally, OMC Total Debt to Total Capital is recorded at 70.35, with Total Debt to Total Assets ending up at 26.48. Long-Term Debt to Equity for the company is recorded at 226.82, with the Long-Term Debt to Total Capital now at 67.24.

Reflecting on the efficiency of the workforce at the company, Omnicom Group Inc. [OMC] managed to generate an average of $14,749 per employee. Receivables Turnover for the company is 1.46 with a Total Asset Turnover recorded at a value of 0.48.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

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 9.50%.

Omnicom Group Inc. [OMC]: Insider Ownership positions

There are presently around $14,372 million, or 93.30% of OMC stock, in the hands of institutional investors. The top three institutional holders of OMC stocks are: VANGUARD GROUP INC with ownership of 24,989,394, which is approximately 1.871% of the company’s market cap and around 0.50% of the total institutional ownership; BLACKROCK INC., holding 19,342,541 shares of the stock with an approximate value of $1.43 billion in OMC stocks shares; and STATE STREET CORP, currently with $879.13 million in OMC stock with ownership of nearly -3.046% of the company’s market capitalization.

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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 377 institutional holders increased their position in Omnicom Group Inc. [NYSE:OMC] by around 14,757,106 shares. Additionally, 341 investors decreased positions by around 19,216,842 shares, while 117 investors held positions by with 161,037,328 shares. The mentioned changes placed institutional holdings at 195,011,276 shares, according to the latest SEC report filing. OMC stock had 105 new institutional investments in for a total of 3,534,321 shares, while 80 institutional investors sold positions of 2,223,800 shares during the same period.

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