News stories about Omnicom Group (NYSE:OMC) have been trending somewhat positive recently, according to Accern. The research group ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Omnicom Group earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned news headlines about the business services provider an impact score of 84 out of 100, indicating that recent press coverage is very likely to have an impact on the company’s share price in the next several days.
Here are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:
- Critical Review: Omnicom Group (OMC) and Sizmek (SZMK) (americanbankingnews.com)
- Omnicom Group Inc. to Post Q2 2017 Earnings of $1.40 Per Share, Jefferies Group Forecasts (OMC) (americanbankingnews.com)
- Omnicom Group Inc. (OMC) Receives “Hold” Rating from Jefferies Group LLC (americanbankingnews.com)
- Omnicom Group Inc. (OMC) Upgraded to “Buy” by Zacks Investment Research (americanbankingnews.com)
- Omnicom Group Inc. (NYSE:OMC) PT Lowered to $79.00 at Credit Suisse Group (americanbankingnews.com)
Omnicom Group (OMC) opened at 81.52 on Tuesday. Omnicom Group has a 1-year low of $78.67 and a 1-year high of $89.66. The stock has a market capitalization of $18.97 billion, a PE ratio of 16.62 and a beta of 1.27. The firm has a 50-day moving average of $82.87 and a 200-day moving average of $84.58.
Omnicom Group (NYSE:OMC) last announced its earnings results on Tuesday, April 18th. The business services provider reported $0.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.96 by $0.01. Omnicom Group had a return on equity of 42.34% and a net margin of 7.54%. The firm had revenue of $3.59 billion for the quarter, compared to analyst estimates of $3.55 billion. During the same quarter last year, the firm posted $0.90 EPS. The business’s revenue was up 2.5% on a year-over-year basis. Equities analysts expect that Omnicom Group will post $5.04 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 10th. Stockholders of record on Friday, September 22nd will be given a dividend of $0.55 per share. The ex-dividend date of this dividend is Thursday, September 21st. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.70%. Omnicom Group’s dividend payout ratio (DPR) is 44.81%.
OMC has been the topic of a number of research analyst reports. Royal Bank Of Canada reiterated a “buy” rating and set a $101.00 price target on shares of Omnicom Group in a report on Tuesday, April 11th. Zacks Investment Research upgraded shares of Omnicom Group from a “hold” rating to a “buy” rating and set a $91.00 target price on the stock in a report on Friday. Jefferies Group LLC restated a “hold” rating and issued a $82.00 target price on shares of Omnicom Group in a report on Friday. Barclays PLC restated a “hold” rating and issued a $86.00 target price on shares of Omnicom Group in a report on Thursday, April 20th. Finally, Evercore ISI started coverage on shares of Omnicom Group in a research report on Monday, April 17th. They set an “in-line” rating and a $91.00 target price for the company. They noted that the move was a valuation call. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and one has issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $86.00.
In other news, Director Leonard S. Coleman, Jr. sold 2,038 shares of Omnicom Group stock in a transaction on Thursday, April 20th. The stock was sold at an average price of $83.93, for a total transaction of $171,049.34. Following the transaction, the director now owns 24,853 shares in the company, valued at approximately $2,085,912.29. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Chairman Bruce Crawford sold 22,800 shares of the firm’s stock in a transaction dated Thursday, June 1st. The stock was sold at an average price of $84.91, for a total value of $1,935,948.00. Following the sale, the chairman now directly owns 105,250 shares of the company’s stock, valued at $8,936,777.50. The disclosure for this sale can be found here. Company insiders own 1.10% of the company’s stock.
Omnicom Group Company Profile
Omnicom Group Inc is a holding company. The Company provides advertising, marketing and corporate communications services. The Company’s branded networks and agencies operate in all markets around the world and provide a range of services, which it groups into four disciplines: advertising, customer relationship management (CRM), public relations and specialty communications.
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