The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
Omnicom Group, Inc (NYSE: OMC) closed the day trading at $73.25 down -0.03% from the previous closing price of $73.27. In other words, the price has decreased by -$0.03 from its previous closing price. On the day, 3.95 million shares were traded.
Ratios:
For a better understanding of OMC, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.08. For the most recent quarter (mrq), Quick Ratio is recorded 1.01 and its Current Ratio is at 1.01. In the meantime, Its Debt-to-Equity ratio is 1.58 whereas as Long-Term Debt/Eq ratio is at 1.58.
On October 16, 2024, JP Morgan reiterated its Overweight rating and also lowered its target price recommendation from $118 to $119.
Wells Fargo Downgraded its Overweight to Equal Weight on October 16, 2024, whereas the target price for the stock was revised from $106 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:
As of this moment, Omnicom’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.02, and their Forward P/E ratio for the next fiscal year is 8.22. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.73. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.91 while its Price-to-Book (P/B) ratio in mrq is 3.27.
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 $69.13. The 50-Day Moving Average of the stock is -7.93%, while the 200-Day Moving Average is calculated to be -20.14%.
Shares Statistics:
A total of 195.11M shares are outstanding, with a floating share count of 192.86M. Insiders hold about 1.15% of the company’s shares, while institutions hold 101.19% stake in the company.
