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Omnicom Group, Inc. (OMC) Stock Could Soon Reward Patient Investors

Omnicom Group, Inc. (NYSE: OMC) is 3.99% higher on its value in year-to-date trading and has touched a low of $72.20 and a high of $99.23 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The OMC stock was last observed hovering at around $91.09 in the last trading session, with the day’s loss setting it -1.13%.

Currently trading at $89.96, the stock is -4.19% and -4.10% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.32 million and changing -1.24% at the moment leaves the stock 5.00% off its SMA200. OMC registered -4.76% loss for a year compared to 6-month gain of 9.57%.

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The stock witnessed a -5.99% loss in the last 1 month and extending the period to 3 months gives it a -4.71%, and is -0.44% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.53% over the week and 1.67% over the month.

Omnicom Group, Inc. (OMC) has around 75900 employees, a market worth around $17.62B and $14.88B in sales. Current P/E ratio is 12.15 and Fwd P/E is 10.37. Profit margin for the company is 9.96%. Distance from 52-week low is 24.60% and -9.34% from its 52-week high. The company has generated returns on investments over the last 12 months (14.98%).

The EPS is expected to grow by 8.93% this year.

Omnicom Group, Inc. (OMC) Top Institutional Holders

The shares outstanding are 198.00M, and float is at 193.60M with Short Float at 5.35%.

Omnicom Group, Inc. (OMC) Insider Activity

The most recent transaction is an insider sale by RICE LINDA JOHNSON,the company’sDirector. SEC filings show that RICE LINDA JOHNSON sold 453 shares of the company’s common stock on May 03 ’24 at a price of $92.68 per share for a total of $41984.0. Following the sale, the insider now owns 9830.0 shares.

Omnicom Group, Inc. disclosed in a document filed with the SEC on Mar 13 ’24 that Tarlowe Rochelle M. (Senior VP and Treasurer) sold a total of 1,500 shares of the company’s common stock. The trade occurred on Mar 13 ’24 and was made at $95.34 per share for $0.14 million. Following the transaction, the insider now directly holds 15579.0 shares of the OMC stock.

Still, SEC filings show that on Feb 09 ’24, RICE LINDA JOHNSON (Director) disposed off 507 shares at an average price of $86.66 for $43937.0. The insider now directly holds 9,753 shares of Omnicom Group, Inc. (OMC).

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