Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $103.42 in the prior trading day, Omnicom Group, Inc (NYSE: OMC) closed at $92.82, down -10.25%. In other words, the price has decreased by -$10.25 from its previous closing price. On the day, 10.94 million shares were traded. OMC stock price reached its highest trading level at $99.9 during the session, while it also had its lowest trading level at $92.75.
Ratios:
Our goal is to gain a better understanding of OMC by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.14 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.09. For the most recent quarter (mrq), Quick Ratio is recorded 0.98 and its Current Ratio is at 0.98. In the meantime, Its Debt-to-Equity ratio is 1.96 whereas as Long-Term Debt/Eq ratio is at 1.77.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, JP Morgan on October 16, 2024, Reiterated its Overweight rating but revised its target price to $119 from $118 previously.
On October 16, 2024, Wells Fargo Downgraded its rating to Equal Weight which previously was Overweight and also upped its target price recommendation from $106 to $110.
Barclays Upgraded its Equal Weight to Overweight on May 07, 2024, whereas the target price for the stock was revised from $100 to $110.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 18 ’24 when Castellaneta Andrew sold 4,000 shares for $105.29 per share. The transaction valued at 421,154 led to the insider holds 23,545 shares of the business.
Castellaneta Andrew bought 4,000 shares of OMC for $421,153 on Oct 18 ’24. On Aug 26 ’24, another insider, Tarlowe Rochelle M., who serves as the Senior VP and Treasurer of the company, sold 3,000 shares for $99.17 each. As a result, the insider received 297,510 and left with 15,375 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OMC now has a Market Capitalization of 18108530688 and an Enterprise Value of 23388440576. As of this moment, Omnicom’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.67, and their Forward P/E ratio for the next fiscal year is 10.65. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.04. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.18 while its Price-to-Book (P/B) ratio in mrq is 4.58. Its current Enterprise Value per Revenue stands at 1.516 whereas that against EBITDA is 9.662.
Stock Price History:
Over the past 52 weeks, OMC has reached a high of $107.00, while it has fallen to a 52-week low of $81.41. The 50-Day Moving Average of the stock is -9.36%, while the 200-Day Moving Average is calculated to be -3.47%.
Shares Statistics:
The stock has traded on average 1.47M shares per day over the past 3-months and 1232560 shares per day over the last 10 days, according to various share statistics. A total of 195.09M shares are outstanding, with a floating share count of 192.86M. Insiders hold about 1.15% of the company’s shares, while institutions hold 98.79% stake in the company. Shares short for OMC as of 1731628800 were 12202034 with a Short Ratio of 8.32, compared to 1728950400 on 11433417. Therefore, it implies a Short% of Shares Outstanding of 12202034 and a Short% of Float of 7.180000000000001.
Dividends & Splits
In the trailing 12 months, OMC’s forward annual dividend rate was 2.8, compared to 2.80 this year. Against a Trailing Annual Dividend Yield of 0.027074067The stock’s 5-year Average Dividend Yield is 3.66.
Earnings Estimates
The current rating of Omnicom Group, Inc (OMC) reflects the combined expertise of 6.0 analysts actively engaged in assessing its market performance.The consensus estimate for the next quarter is $1.74, with high estimates of $1.75 and low estimates of $1.71.
Analysts are recommending an EPS of between $8.25 and $7.76 for the fiscal current year, implying an average EPS of $8.06. EPS for the following year is $8.71, with 9.0 analysts recommending between $9.18 and $8.31.
Revenue Estimates
6 analysts predict $4.35B in revenue for the current quarter. It ranges from a high estimate of $4.38B to a low estimate of $4.32B. As of the current estimate, Omnicom Group, Inc’s year-ago sales were $4.06BFor the next quarter, 6 analysts are estimating revenue of $3.82B. There is a high estimate of $3.87B for the next quarter, whereas the lowest estimate is $3.78B.
A total of 11 analysts have provided revenue estimates for OMC’s current fiscal year. The highest revenue estimate was $15.76B, while the lowest revenue estimate was $15.67B, resulting in an average revenue estimate of $15.72B. In the same quarter a year ago, actual revenue was $14.69BBased on 11 analysts’ estimates, the company’s revenue will be $16.49B in the next fiscal year. The high estimate is $16.72B and the low estimate is $16.23B.
