Trading Day Review: Omnicom Group, Inc. (OMC) Loses Momentum, Closing at 89.75

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The price of Omnicom Group, Inc. (NYSE: OMC) closed at $89.75 in the last session, down -1.55% from day before closing price of $91.16. In other words, the price has decreased by -$1.55 from its previous closing price. On the day, 2.01 million shares were traded. OMC stock price reached its highest trading level at $91.21 during the session, while it also had its lowest trading level at $89.29.

Ratios:

We take a closer look at OMC’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.54 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.09. For the most recent quarter (mrq), Quick Ratio is recorded 0.93 and its Current Ratio is at 0.93. In the meantime, Its Debt-to-Equity ratio is 1.99 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 the company, Barclays on May 07, 2024, Upgraded its rating to Overweight and sets its target price to $110 from $100 previously.

On April 17, 2024, Wells Fargo Upgraded its rating to Overweight which previously was Equal Weight and also upped its target price recommendation from $91 to $106.

Macquarie reiterated its Outperform rating for the stock on April 02, 2024, while the target price for the stock was revised from $100 to $110.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 03 ’24 when RICE LINDA JOHNSON sold 453 shares for $92.68 per share. The transaction valued at 41,984 led to the insider holds 9,830 shares of the business.

Tarlowe Rochelle M. sold 1,500 shares of OMC for $143,012 on Mar 13 ’24. The Senior VP and Treasurer now owns 15,579 shares after completing the transaction at $95.34 per share. On Feb 09 ’24, another insider, RICE LINDA JOHNSON, who serves as the Director of the company, sold 507 shares for $86.66 each. As a result, the insider received 43,937 and left with 9,753 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 17852172288 and an Enterprise Value of 22486071296. As of this moment, Omnicom’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.12, and their Forward P/E ratio for the next fiscal year is 10.34. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.52. 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 4.92. Its current Enterprise Value per Revenue stands at 1.511 whereas that against EBITDA is 9.146.

Stock Price History:

The Beta on a monthly basis for OMC is 0.97, which has changed by -0.036810458 over the last 52 weeks, in comparison to a change of 0.2586832 over the same period for the S&P500. Over the past 52 weeks, OMC has reached a high of $99.23, while it has fallen to a 52-week low of $72.20. The 50-Day Moving Average of the stock is -3.61%, while the 200-Day Moving Average is calculated to be 4.36%.

Shares Statistics:

According to the various share statistics, OMC traded on average about 1.48M shares per day over the past 3-months and 1404700 shares per day over the past 10 days. A total of 198.00M shares are outstanding, with a floating share count of 193.60M. Insiders hold about 1.14% of the company’s shares, while institutions hold 98.28% stake in the company. Shares short for OMC as of 1715731200 were 10349850 with a Short Ratio of 7.49, compared to 1713139200 on 8970609. Therefore, it implies a Short% of Shares Outstanding of 10349850 and a Short% of Float of 6.0700003.

Dividends & Splits

The forward annual dividend rate for OMC is 2.80, which was 2.8 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.030715223The stock’s 5-year Average Dividend Yield is 3.7. The current Payout Ratio is 40.53% for OMC, which recently paid a dividend on 2024-06-10 with an ex-dividend date of 1717977600. Stock splits for the company last occurred on 2007-06-26 when the company split stock in a 2:1 ratio.

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