Omnicom Group, Inc. (OMC) concluded trading on Wednesday at a closing price of $105.49, with 3.03 million shares of worth about $319.76 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 14.10% during that period and on October 16, 2024 the price saw a gain of about 1.41%. Currently the company’s common shares owned by public are about 198.00M shares, out of which, 193.41M shares are available for trading.
Stock saw a price change of 2.64% in past 5 days and over the past one month there was a price change of 3.70%. Year-to-date (YTD), OMC shares are showing a performance of 21.94% which increased to 38.77% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $73.28 but also hit the highest price of $105.36 during that period. The average intraday trading volume for Omnicom Group, Inc. shares is 1.39 million. The stock is currently trading 2.93% above its 20-day simple moving average (SMA20), while that difference is up 5.86% for SMA50 and it goes to 12.80% higher than SMA200.
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Omnicom Group, Inc. (NYSE: OMC) currently have 198.00M outstanding shares and institutions hold larger chunk of about 98.61% of that.
The stock has a current market capitalization of $20.64B and its 3Y-monthly beta is at 0.97. PE ratio of stock for trailing 12 months is 14.40, while it has posted earnings per share of $7.33 in the same period. Its PEG reads 2.44 and has Quick Ratio of 0.98 while making debt-to-equity ratio of 1.96. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for OMC, volatility over the week remained 1.99% while standing at 1.60% over the month.
Stock’s fiscal year EPS is expected to rise by 8.57% while it is estimated to increase by 8.11% in next year. EPS is likely to grow at an annualized rate of 5.90% for next 5-years, compared to annual growth of 3.46% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by JP Morgan on Oct-17-24 offering an Overweight rating for the stock and assigned a target price range of between $118 and $119 to it. Coverage by Wells Fargo stated Omnicom Group, Inc. (OMC) stock as an Equal weight in their note to investors on October 17, 2024, suggesting a price target of $110 for the stock. On May 07, 2024, Barclays Upgrade their recommendations, while on April 17, 2024, Wells Fargo Upgrade their ratings for the stock with a price target of $106. Stock get an Outperform rating from Macquarie on April 02, 2024.
