Omnicom Group, Inc (OMC) concluded trading on Thursday at a closing price of $87.89, with 3.71 million shares of worth about $326.41 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -2.85% during that period and on December 19, 2024 the price saw a gain of about 0.16%. Currently the company’s common shares owned by public are about 195.09M shares, out of which, 194.16M shares are available for trading.
Stock saw a price change of -2.52% in past 5 days and over the past one month there was a price change of -10.35%. Year-to-date (YTD), OMC shares are showing a performance of 1.60% which increased to 1.40% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $84.43 but also hit the highest price of $107.00 during that period. The average intraday trading volume for Omnicom Group, Inc shares is 1.84 million. The stock is currently trading -10.07% below its 20-day simple moving average (SMA20), while that difference is down -12.55% for SMA50 and it goes to -8.63% lower than SMA200.
Omnicom Group, Inc (NYSE: OMC) currently have 195.09M outstanding shares and institutions hold larger chunk of about 98.12% of that.
The stock has a current market capitalization of $17.26B and its 3Y-monthly beta is at 0.99. PE ratio of stock for trailing 12 months is 12.00, while it has posted earnings per share of $7.33 in the same period. Its PEG reads 1.93 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 2.37% while standing at 2.32% over the month.
Stock’s fiscal year EPS is expected to rise by 8.70% while it is estimated to increase by 8.17% in next year. EPS is likely to grow at an annualized rate of 6.22% 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 October 16, 2024 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 16, 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.
