Recent developments with Omnicom Group, Inc. (OMC) have led to the company’s beta value being reach 0.98 cents.

Omnicom Group, Inc. (NYSE: OMC) on Friday soared 84.59% from the previous trading day, before settling in for the closing price of $98.92. Within the past 52 weeks, OMC’s price has moved between $72.20 and $99.23.

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Annual sales at Communication Services sector company slipped by -0.56% over the past five years. The company achieved an average annual earnings per share of 4.59%. With a float of $195.85 million, this company’s outstanding shares have now reached $198.00 million.

Let’s look at the performance matrix of the company that is accounted for Dec 21 2023 employees.

Omnicom Group, Inc. (OMC) Insider and Institutional Ownership

Observing investor behavior towards Advertising Agencies industry stocks is more important than anything else. The insider ownership of Omnicom Group, Inc. is 1.08%, while institutional ownership is 93.81%. The most recent insider transaction that took place on Nov 15, was worth 46,200. In this transaction Director of this company sold 587 shares at a rate of $78.70, taking the stock ownership to the 9,664 shares. Before that another transaction happened on Nov 02, when Company’s SVP, Chief Accounting Officer sold 3,300 for $76.57, making the entire transaction worth $252,683. This insider now owns 30,014 shares in total.

Omnicom Group, Inc. (OMC) Latest Financial update

As on 12/30/2023, Multinational firm has announced its last quarter scores, in which it reported $2.2 earnings per share (EPS) for the period topping the consensus outlook (set at $2.16) by $0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.88 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 4.59% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.80% during the next five years compared to 3.46% growth over the previous five years of trading.

Omnicom Group, Inc. (NYSE: OMC) Trading Performance Indicators

Omnicom Group, Inc. (OMC) is currently performing well based on its current performance indicators. A quick ratio of 0.95 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.14. Likewise, its price to free cash flow for the trailing twelve months is 12.47.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.92, a number that is poised to hit 1.51 in the next quarter and is forecasted to reach 8.32 in one year’s time.

Technical Analysis of Omnicom Group, Inc. (OMC)

Omnicom Group, Inc. (NYSE: OMC) saw its 5-day average volume 2.43 million, a positive change from its year-to-date volume of 1.65 million. As of the previous 9 days, the stock’s Stochastic %D was 11.57%. Additionally, its Average True Range was 1.78.

During the past 100 days, Omnicom Group, Inc.’s (OMC) raw stochastic average was set at 63.25%, which indicates a significant increase from 1.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.79% in the past 14 days, which was higher than the 19.25% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $86.61, while its 200-day Moving Average is $84.45. Nevertheless, the first resistance level for the watch stands at $86.32 in the near term. At $88.04, the stock is likely to face the second major resistance level. The third major resistance level sits at $88.98. If the price goes on to break the first support level at $83.66, it is likely to go to the next support level at $82.72. The third support level lies at $81.00 if the price breaches the second support level.

Omnicom Group, Inc. (NYSE: OMC) Key Stats

Market capitalization of the company is 16.75 billion based on 197,993K outstanding shares. Right now, sales total 14,289 M and income totals 1,317 M. The company made 3,578 M in profit during its latest quarter, and 371,900 K in sales during its previous quarter.