Omnicom Group Inc. (NYSE:OMC) Receives Consensus Recommendation of “Hold” from Brokerages

Omnicom Group Inc. (NYSE:OMC) Receives Consensus Recommendation of “Hold” from Brokerages

Omnicom Group Inc. (NYSE:OMC – Get Rating) has been assigned a mean score of “Hold” from the sixteen analysis corporations which might be at present protecting the corporate, MarketBeat reviews. Four analysts have rated the inventory with a promote score, 5 have assigned a maintain score and 4 have given a purchase score to the corporate. The common 1 yr value goal amongst brokers which have issued scores on the inventory within the final yr is $83.11. A quantity of analysis analysts just lately issued reviews on OMC shares. ING Group started protection on shares of Omnicom Group in a analysis report on Thursday, September eighth. They set a “purchase” score on the inventory. They famous that the transfer was a valuation name. Wells Fargo & Company raised their value goal on shares of Omnicom Group from $73.00 to $84.00 and gave the inventory an “chubby” score in a report on Wednesday, July twentieth. Barclays raised their value goal on shares of Omnicom Group to $80.00 in a report on Thursday. StockInformation.com started protection on shares of Omnicom Group in a report on Wednesday, October twelfth. They issued a “maintain” score for the corporate. Finally, BNP Paribas started protection on shares of Omnicom Group in a report on Thursday, August twenty fifth. They issued an “underperform” score for the corporate.Omnicom Group Stock PerformanceShares of Omnicom Group inventory opened at $72.59 on Friday. The enterprise has a 50-day shifting common value of $67.33 and a two-hundred day shifting common value of $69.89. Omnicom Group has a 1-year low of $61.31 and a 1-year excessive of $91.61. The firm has a present ratio of 0.95, a fast ratio of 0.84 and a debt-to-equity ratio of 1.68. The firm has a market cap of $14.80 billion, a P/E ratio of 11.65, a PEG ratio of 3.94 and a beta of 0.81. Omnicom Group (NYSE:OMC – Get Rating) final issued its earnings outcomes on Tuesday, October 18th. The enterprise companies supplier reported $1.77 earnings per share for the quarter, topping analysts’ consensus estimates of $1.68 by $0.09. The enterprise had income of $3.44 billion through the quarter, in comparison with the consensus estimate of $3.34 billion. Omnicom Group had a return on fairness of 40.82% and a web margin of 9.13%. The agency’s income for the quarter was up .2% on a year-over-year foundation. During the identical interval within the earlier yr, the corporate posted $1.65 earnings per share. As a gaggle, analysts anticipate that Omnicom Group will submit 6.5 EPS for the present yr. Insider Buying and Selling at Omnicom GroupIn associated information, VP Michael J. Obrien offered 18,000 shares of the agency’s inventory in a transaction dated Tuesday, August ninth. The shares had been offered at a mean value of $70.47, for a complete transaction of $1,268,460.00. Following the transaction, the vice chairman now instantly owns 131,118 shares of the corporate’s inventory, valued at $9,239,885.46. The transaction was disclosed in a authorized submitting with the Securities & Exchange Commission, which will be accessed by way of the SEC web site. In associated information, Director Linda Johnson Rice offered 1,300 shares of the agency’s inventory in a transaction dated Monday, October twenty fourth. The shares had been offered at a mean value of $70.79, for a complete transaction of $92,027.00. Following the transaction, the director now instantly owns 10,048 shares of the corporate’s inventory, valued at $711,297.92. The transaction was disclosed in a authorized submitting with the Securities & Exchange Commission, which will be accessed by way of the SEC web site. Also, VP Michael J. Obrien offered 18,000 shares of the agency’s inventory in a transaction dated Tuesday, August ninth. The shares had been offered at a mean value of $70.47, for a complete transaction of $1,268,460.00. Following the transaction, the vice chairman now instantly owns 131,118 shares within the firm, valued at $9,239,885.46. The disclosure for this sale will be discovered right here. Insiders personal 1.30% of the corporate’s inventory. Institutional Inflows and OutflowsInstitutional traders and hedge funds have just lately modified their holdings of the inventory. Ronald Blue Trust Inc. purchased a brand new stake in shares of Omnicom Group within the 2nd quarter value roughly $27,000. Atlas Capital Advisors LLC raised its holdings in shares of Omnicom Group by 6,720.0% within the 1st quarter. Atlas Capital Advisors LLC now owns 341 shares of the enterprise companies supplier’s inventory value $29,000 after buying a further 336 shares through the interval. Carl Stuart Investment Advisor Inc. purchased a brand new stake in shares of Omnicom Group within the 1st quarter value roughly $34,000. Clear Street Markets LLC raised its holdings in shares of Omnicom Group by 131.7% within the 2nd quarter. Clear Street Markets LLC now owns 431 shares of the enterprise companies supplier’s inventory value $27,000 after buying a further 245 shares through the interval. Finally, MV Capital Management Inc. raised its holdings in shares of Omnicom Group by 63.2% within the 1st quarter. MV Capital Management Inc. now owns 444 shares of the enterprise companies supplier’s inventory value $38,000 after buying a further 172 shares through the interval. 90.85% of the inventory is owned by institutional traders. Omnicom Group Company Profile (Get Rating)Omnicom Group Inc, along with its subsidiaries, offers promoting, advertising and marketing, and company communications companies. It offers a variety of companies within the areas of promoting, buyer relationship administration, public relations, and healthcare. The firm’s companies embrace promoting, branding, content material advertising and marketing, company social duty consulting, disaster communications, customized publishing, knowledge analytics, database administration, digital/direct advertising and marketing, digital transformation, leisure advertising and marketing, experiential advertising and marketing, area advertising and marketing, monetary/company business-to-business promoting, graphic arts/digital imaging, healthcare advertising and marketing and communications, and in-store design companies.Recommended TalesThis on the spot information alert was generated by narrative science know-how and monetary knowledge from MarketBeat in an effort to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial workforce previous to publication. Please ship any questions or feedback about this story to [email protected] you take into account Omnicom Group, you may need to hear this.MarketBeat retains observe of Wall Street’s top-rated and finest performing analysis analysts and the shares they advocate to their shoppers each day. MarketBeat has recognized the 5 shares that prime analysts are quietly whispering to their shoppers to purchase now earlier than the broader market catches on… and Omnicom Group wasn’t on the record.While Omnicom Group at present has a “Hold” score amongst analysts, top-rated analysts consider these 5 shares are higher buys.View The Five Stocks Here

https://information.google.com/__i/rss/rd/articles/CBMiWGh0dHBzOi8vd3d3Lm1hcmtldGJlYXQuY29tL2luc3RhbnQtYWxlcnRzL255c2Utb21jLWNvbnNlbnN1cy1hbmFseXN0LXJhdGluZy0yMDIyLTEwLTItMy_SAQA?oc=5

You May Also Like

About the Author: Amanda