Omnicom Group Inc. (NYSE:OMC) stock went on an upward path that rose over 2.95% on Tuesday, amounting to a one-week price increase of more than 2.34%. Over the last 12 months, OMC stock rose by 5.77%. The one-year OMC stock forecast points to a potential downside of -0.01, with the average price target set at $79.00 per share. The average equity rating for OMC stock is currently 3.10, trading closer to a bullish pattern in the stock market.
The market cap for OMC stock reached $17.23 billion, with 218.13 million shares outstanding and 215.93 million shares in the current float. Compared to the average trading volume of 1.64M shares, OMC reached a trading volume of 1814336 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Omnicom Group Inc. (OMC)?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for OMC shares is $79.54 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on OMC stock is a recommendation set at 3.10. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Wells Fargo have made an estimate for Omnicom Group Inc. shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on September 24, 2019. The new note on the price target was released on July 15, 2019, representing the official price target for Omnicom Group Inc. stock. Previously, the target price had yet another raise from $76 to $84, while Barclays kept a Equal Weight rating on OMC stock. On October 16, 2018, analysts increased their price target for OMC shares from 65 to 66.
The Average True Range (ATR) for Omnicom Group Inc. is set at 1.39, with the Price to Sales ratio for OMC stock in the period of the last 12 months amounting to 1.16. The Price to Book ratio for the last quarter was 7.00, with the Price to Cash per share for the same quarter was set at 11.21. Price to Free Cash Flow for OMC in the course of the last twelve months was 16.97.
How has OMC stock performed recently?
Omnicom Group Inc. (OMC) gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.34. With this latest performance, OMC shares gained by 2.60% in over the last four-week period, additionally sinking by -0.54% over the last 6 months – not to mention a rise of 5.77% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for OMC stock in for the last two-week period is set at 63.04, with the RSI for the last a single of trading hit 71.91, and the three-weeks RSI is set at 58.06 for Omnicom Group Inc. (OMC). The present Moving Average for the last 50 days of trading for this stock 77.19, while it was recorded at 77.47 for the last single week of trading, and 77.87 for the last 200 days.
Omnicom Group Inc. (OMC): Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Omnicom Group Inc. (OMC) shares currently have an operating margin of +13.76 and a Gross Margin at +16.73. Omnicom Group Inc.’s Net Margin is presently recorded at +8.67.
Return on Total Capital for OMC is now 25.31, given the latest momentum, and Return on Invested Capital for the company is 18.23. Return on Equity for this stock inclined to 51.39, with Return on Assets sitting at 5.35. When it comes to the capital structure of this company, Omnicom Group Inc. (OMC) has a Total Debt to Total Equity ratio set at 197.06. Additionally, OMC Total Debt to Total Capital is recorded at 66.34, with Total Debt to Total Assets ending up at 20.39. Long-Term Debt to Equity for the company is recorded at 175.61, with the Long-Term Debt to Total Capital now at 59.12.
Reflecting on the efficiency of the workforce at the company, Omnicom Group Inc. (OMC) managed to generate an average of $18,839 per employee. Receivables Turnover for the company is 1.70 with a Total Asset Turnover recorded at a value of 0.62. Omnicom Group Inc.’s liquidity data is similarly interesting compelling, Current Ratio set at 0.90.
Earnings analysis for Omnicom Group Inc. (OMC)
With the latest financial reports released by the company, Omnicom Group Inc. posted 1.77/share EPS, while the average EPS was predicted by analysts to be reported at 1.66/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 6.60%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for OMC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Omnicom Group Inc. go to 5.10%.
Insider trade positions for Omnicom Group Inc. (OMC)
There are presently around $17,859 million, in the hands of institutional investors. The top three institutional holders of OMC stocks are: VANGUARD GROUP INC with ownership of 24,748,714, which is approximately 11.77% of the company’s market cap and around 0.70% of the total institutional ownership; BLACKROCK INC., holding 17,320,377 shares of the stock with an approximate value of $1.0 billion in OMC stocks shares; and STATE STREET CORP, currently with $860.0 million in OMC stock with ownership of nearly -0.184% of the company’s market capitalization.
Positions in Omnicom Group Inc. stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 350 institutional holders increased their position in Omnicom Group Inc. (NYSE:OMC) by around 19,190,236 shares. Additionally, 338 investors decreased positions by around 17,069,111 shares, while 121 investors held positions by with 196,464,463 shares. The mentioned changes placed institutional holdings at 232,723,810 shares, according to the latest SEC report filing. OMC stock had 69 new institutional investments in for a total of 1,420,296 shares, while 70 institutional investors sold positions of 994,904 shares during the same period.