On Tuesday, Omnicom Group, Inc. (NYSE: OMC) was -1.03% drop from the session before settling in for the closing price of $90.73. A 52-week range for OMC has been $72.20 – $99.23.
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Annual sales at Communication Services sector company slipped by -0.56% over the past five years. When this article was written, the company’s average yearly earnings per share was at 8.93%. With a float of $193.60 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 75900 employees.
Omnicom Group, Inc. (OMC) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Omnicom Group, Inc. stocks. The insider ownership of Omnicom Group, Inc. is 1.14%, while institutional ownership is 98.25%. The most recent insider transaction that took place on May 03 ’24, was worth 41,984. In this transaction Director of this company sold 453 shares at a rate of $92.68, taking the stock ownership to the 9,830 shares. Before that another transaction happened on Mar 13 ’24, when Company’s Senior VP and Treasurer sold 1,500 for $95.34, making the entire transaction worth $143,012. This insider now owns 15,579 shares in total.
Omnicom Group, Inc. (OMC) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 8.93% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.00% 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
You can see what Omnicom Group, Inc. (OMC) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.93. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.18. Likewise, its price to free cash flow for the trailing twelve months is 14.10.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.40, a number that is poised to hit 1.94 in the next quarter and is forecasted to reach 8.68 in one year’s time.
Technical Analysis of Omnicom Group, Inc. (OMC)
Omnicom Group, Inc. (NYSE: OMC) saw its 5-day average volume 2.33 million, a positive change from its year-to-date volume of 1.6 million. As of the previous 9 days, the stock’s Stochastic %D was 62.73%. Additionally, its Average True Range was 1.86.
During the past 100 days, Omnicom Group, Inc.’s (OMC) raw stochastic average was set at 39.44%, which indicates a significant decrease from 46.79% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.91% in the past 14 days, which was lower than the 20.19% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $92.95, while its 200-day Moving Average is $86.21. Nevertheless, the first resistance level for the watch stands at $90.83 in the near term. At $91.85, the stock is likely to face the second major resistance level. The third major resistance level sits at $93.08. If the price goes on to break the first support level at $88.58, it is likely to go to the next support level at $87.35. Assuming the price breaks the second support level, the third support level stands at $86.33.
Omnicom Group, Inc. (NYSE: OMC) Key Stats
There are 195,834K outstanding shares of the company, which has a market capitalization of 17.59 billion. As of now, sales total 14,692 M while income totals 1,391 M. Its latest quarter income was 3,631 M while its last quarter net income were 318,600 K.
