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Monday, December 4, 2023

Today, Omnicom Group, Inc. (NYSE: OMC) Takes Center Stage

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Omnicom Group, Inc. (OMC) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.81, or 1.05%, to $77.78. The Omnicom Group, Inc. has recorded 61,674 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Erin Riley Appointed CEO of TBWAChiatDay United States.

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Stocks Info

The company is listed on the NYSE and operates within the Advertising Agencies industry segment. At the end of the last regular session, the stock closed at $76.97 and fluctuated between $78.92 as its day high and $76.90 as its day low. The current market capitalization of Omnicom Group, Inc. is $15.23B. A total of 1.54 million shares were traded on the day, compared to an average of 1.32M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, OMC has seen 10 BUY and 0 SELL insider trades, representing the acquisition of 5,586 and the disposition of 0 shares. Over the last 12 months, there were 46 BUYs and 17 SELLs from insiders. Insiders purchased 246,225 shares during that period but sold 272,734.

In the most recent transaction, Castellaneta Andrew sold 3,300 shares of OMC for 76.57 per share on Nov 02. After the transaction, the SVP, Chief Accounting Officer now owns 30,014 company shares. In a previous transaction on Aug 16, RICE LINDA JOHNSON sold 467 shares at 80.24 per share. OMC shares that Director owns now total 9,591.

Among the insiders who sold shares, Nelson Jonathan B. disposed of 25,000 shares on Jun 08 at a per-share price of $94.71. This resulted in the CEO, Omnicom Digital holding 121,347 shares of OMC after the transaction. In another insider transaction, Tarlowe Rochelle M. sold 1,800 shares at $94.12 per share on Jun 08. Company shares held by the Senior VP and Treasurer now total 13,496.


The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Omnicom Group, Inc. pays an annual dividend of $2.84, resulting in a dividend yield of 3.69%, and it has a price to earnings (P/E) ratio of 11.18. OMC’s most recent ex-dividend date was 9/20/2023 when it declared a $0.70 quarterly dividend that was paid in cash on 10/12/2023. Previously, the company paid the dividend on 7/7/2023 with an ex-dividend date of 6/8/2023. The OMC stock dividend was $0.70 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for OMC in the last 3 months, the mean price target is $90.40 with high estimates of $113.00 and low estimates of $73.00. In terms of 52-week highs and lows, OMC has a high of $99.23 and a low of $72.20.

As of this writing, OMC has an earnings estimate of $2.15 per share for the current quarter. EPS was calculated based on a consensus of 8 estimates, with a high estimate of $2.2 per share and a lower estimate of $2.11. The company reported an EPS of $1.81 in the last quarter, which was 0.60% higher than expectations of $1.8.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. OMC’s latest balance sheet shows that the firm has $5.32B in Cash & Short Term Investments as of fiscal 2021. There were $6.65B in debt and $16.23B in liabilities at the time. Its Book Value Per Share was $16.31, while its Total Shareholder’s Equity was $3.77B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for OMC is Buy with a score of 3.17.

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