$1.28M in average volume shows that Omnicom Group, Inc (OMC) is heading in the right direction

Omnicom Group, Inc (NYSE: OMC) on Tuesday, soared 1.22% from the previous trading day, before settling in for the closing price of $101.94. Within the past 52 weeks, OMC’s price has moved between $74.41 and $106.51.

During the last 5-year period, the sales drop of Communication Services Sector giant 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.

Let’s determine the extent of company efficiency that accounts for 75900 employees. In terms of profitability, gross margin is 18.28%, 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 99.01%. The most recent insider transaction that took place on Oct 18 ’24, was worth 421,154. In this transaction SVP, Chief Accounting Officer of this company sold 4,000 shares at a rate of $105.29, taking the stock ownership to the 23,545 shares. Before that another transaction happened on Oct 18 ’24, when Company’s Officer proposed sale 4,000 for $105.29, making the entire transaction worth $421,153.

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 1.30. Likewise, its price to free cash flow for the trailing twelve months is 13.40.

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)

Looking closely at Omnicom Group, Inc (NYSE: OMC), its last 5-days average volume was 1.19 million, which is a drop from its year-to-date volume of 1.52 million. As of the previous 9 days, the stock’s Stochastic %D was 67.02%. Additionally, its Average True Range was 1.67.

During the past 100 days, Omnicom Group, Inc’s (OMC) raw stochastic average was set at 82.68%, which indicates a significant increase from 49.47% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.03% in the past 14 days, which was lower than the 20.47% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $101.48, while its 200-day Moving Average is $94.54. However, in the short run, Omnicom Group, Inc’s stock first resistance to watch stands at $103.64. Second resistance stands at $104.11. The third major resistance level sits at $105.00. If the price goes on to break the first support level at $102.28, it is likely to go to the next support level at $101.39. Should the price break the second support level, the third support level stands at $100.92.

Omnicom Group, Inc (NYSE: OMC) Key Stats

Market capitalization of the company is 20.13 billion based on 195,115K outstanding shares. Right now, sales total 14,692 M and income totals 1,391 M. The company made 3,883 M in profit during its latest quarter, and 385,900 K in sales during its previous quarter.