Omnicom Group, Inc. (NYSE: OMC) on Friday, plunged -0.70% from the previous trading day, before settling in for the closing price of $105.22. Within the past 52 weeks, OMC’s price has moved between $73.28 and $106.51.
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Over the past five-year period, the drop rate of yearbook sales for the company of the Communication Services sector was -0.56%. The company achieved an average annual earnings per share of 8.57%. With a float of $192.86 million, this company’s outstanding shares have now reached $198.00 million.
Considering the fact that the conglomerate employs 75900 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 16.17%, operating margin of 14.87%, and the pretax margin is 13.61%.
Omnicom Group, Inc. (OMC) Insider Activity
Observing investor behavior towards Advertising Agencies industry stocks is more important than anything else. The insider ownership of Omnicom Group, Inc. is 1.14%, while institutional ownership is 99.27%. The most recent insider transaction that took place on Oct 18 ’24, was worth 421,153. Before that another transaction happened on Aug 26 ’24, when Company’s Senior VP and Treasurer sold 3,000 for $99.17, making the entire transaction worth $297,510. This insider now owns 15,375 shares in total.
Omnicom Group, Inc. (OMC) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 8.57% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.22% 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 0.98 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 1.32. Likewise, its price to free cash flow for the trailing twelve months is 13.57.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.33, a number that is poised to hit 2.42 in the next quarter and is forecasted to reach 8.70 in one year’s time.
Technical Analysis of Omnicom Group, Inc. (OMC)
Compared to the last year’s volume of 1.53 million, its volume of 1.86 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 79.10%. Additionally, its Average True Range was 1.89.
During the past 100 days, Omnicom Group, Inc.’s (OMC) raw stochastic average was set at 89.44%, which indicates a significant increase from 67.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 13.45% in the past 14 days, which was lower than the 20.91% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $100.16, while its 200-day Moving Average is $93.71. Nevertheless, the first resistance level for the watch stands at $105.44 in the near term. At $106.40, the stock is likely to face the second major resistance level. The third major resistance level sits at $107.31. If the price goes on to break the first support level at $103.58, it is likely to go to the next support level at $102.67. Should the price break the second support level, the third support level stands at $101.71.
Omnicom Group, Inc. (NYSE: OMC) Key Stats
Market capitalization of the company is 20.38 billion based on 195,834K outstanding shares. Right now, sales total 14,692 M and income totals 1,391 M. The company made 3,854 M in profit during its latest quarter, and 328,100 K in sales during its previous quarter.
