Currently, there are 196.40M common shares owned by the public and among those 194.23M shares have been available to trade.
The company’s stock has a 5-day price change of 4.38% and -5.17% over the past three months. OMC shares are trading -3.64% year to date (YTD), with the 12-month market performance down to -12.87% lower. It has a 12-month low price of $78.69 and touched a high of $107.00 over the same period. OMC has an average intraday trading volume of 3.23 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 1.80%, -0.42%, and -10.77% respectively.
Institutional ownership of Omnicom Group, Inc (NYSE: OMC) shares accounts for 100.79% of the company’s 196.40M shares outstanding.
It has a market capitalization of $16.29B and a beta (3y monthly) value of 0.91. The stock’s trailing 12-month PE ratio is 11.13, while the earnings-per-share (ttm) stands at $7.45. The company has a PEG of 1.51 and a Quick Ratio of 1.00 with the debt-to-equity ratio at 1.64. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.93% over the week and 2.73% over the month.
Earnings per share for the fiscal year are expected to increase by 5.22%, and 7.92% over the next financial year. EPS should grow at an annualized rate of 7.38% over the next five years, compared to 4.22% over the past 5-year period.
JP Morgan coverage for the Omnicom Group, Inc (OMC) stock in a research note released on October 16, 2024 offered a Overweight rating with a price target of $119. Wells Fargo was of a view on October 16, 2024 that the stock is Equal Weight, while Barclays gave the stock Overweight rating on May 07, 2024, issuing a price target of $100- $110. Wells Fargo on their part issued Overweight rating on April 17, 2024.
