Omnicom Group, Inc (NYSE: OMC)’s stock price has dropped by -0.36 in relation to previous closing price of 86.70. Nevertheless, the company has seen a loss of -2.78% in its stock price over the last five trading days. prnewswire.com reported 2024-12-19 that MIDDLETON, Wis., Dec. 19, 2024 /PRNewswire/ — A decadent new addition to Dolci Frutta’s popular hard-shell dessert line, featuring the delicious flavor of Baileys Irish Cream, is hitting shelves just in time for the holidays.
Is It Worth Investing in Omnicom Group, Inc (NYSE: OMC) Right Now?
Omnicom Group, Inc (NYSE: OMC) has a higher price-to-earnings ratio of 11.79x compared to its average ratio. OMC has 36-month beta value of 0.98. Analysts have mixed views on the stock, with 5 analysts rating it as a “buy,” 5 as “overweight,” 2 as “hold,” and 0 as “sell.”
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The public float for OMC is 194.16M, and currently, short sellers hold a 6.47% ratio of that float. The average trading volume of OMC on December 26, 2024 was 1.92M shares.
OMC’s Market Performance
OMC’s stock has seen a -2.78% decrease for the week, with a -15.51% drop in the past month and a -14.06% fall in the past quarter. The volatility ratio for the week is 2.28%, and the volatility levels for the past 30 days are at 2.27% for Omnicom Group, Inc. The simple moving average for the past 20 days is -9.44% for OMC’s stock, with a -10.11% simple moving average for the past 200 days.
Analysts’ Opinion of OMC
Many brokerage firms have already submitted their reports for OMC stocks, with JP Morgan repeating the rating for OMC by listing it as a “Overweight.” The predicted price for OMC in the upcoming period, according to JP Morgan is $119 based on the research report published on October 16, 2024 of the current year 2024.
Wells Fargo, on the other hand, stated in their research note that they expect to see OMC reach a price target of $110, previously predicting the price at $106. The rating they have provided for OMC stocks is “Equal Weight” according to the report published on October 16th, 2024.
Barclays gave a rating of “Overweight” to OMC, setting the target price at $110 in the report published on May 07th of the current year.
OMC Trading at -13.25% from the 50-Day Moving Average
After a stumble in the market that brought OMC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -19.26% of loss for the given period.
Volatility was left at 2.27%, however, over the last 30 days, the volatility rate increased by 2.28%, as shares sank -17.41% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -16.34% lower at present.
During the last 5 trading sessions, OMC fell by -2.90%, which changed the moving average for the period of 200-days by -8.49% in comparison to the 20-day moving average, which settled at $95.39. In addition, Omnicom Group, Inc saw -0.01% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at OMC starting from Castellaneta Andrew, who sale 4,000 shares at the price of $105.29 back on Oct 18 ’24. After this action, Castellaneta Andrew now owns 23,545 shares of Omnicom Group, Inc, valued at $421,154 using the latest closing price.
Castellaneta Andrew, the Officer of Omnicom Group, Inc, proposed sale 4,000 shares at $105.29 during a trade that took place back on Oct 18 ’24, which means that Castellaneta Andrew is holding shares at $421,153 based on the most recent closing price.
Stock Fundamentals for OMC
Current profitability levels for the company are sitting at:
- 0.15 for the present operating margin
- 0.18 for the gross margin
The net margin for Omnicom Group, Inc stands at 0.09. The total capital return value is set at 0.17. Equity return is now at value 40.62, with 5.42 for asset returns.
Based on Omnicom Group, Inc (OMC), the company’s capital structure generated 0.64 points at debt to capital in total, while cash flow to debt ratio is standing at 0.23. The debt to equity ratio resting at 1.76. The interest coverage ratio of the stock is 9.86.
Currently, EBITDA for the company is 2.42 billion with net debt to EBITDA at 1.73. When we switch over and look at the enterprise to sales, we see a ratio of 1.37. The receivables turnover for the company is 1.8for trailing twelve months and the total asset turnover is 0.54. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.98.
Conclusion
To put it simply, Omnicom Group, Inc (OMC) has had a bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
