Omnicom Group (OMC) Projected to Post Earnings on Tuesday

Omnicom Group (NYSE:OMC) will likely be releasing its earnings data before the market opens on Tuesday, February 4th. Analysts expect the company to announce earnings of $2.38 per share and revenue of $4,348,252.69 billion for the quarter.

Omnicom Group Stock Performance

NYSE OMC opened at $88.33 on Tuesday. The firm has a 50-day moving average of $91.65 and a 200-day moving average of $96.44. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.86 and a current ratio of 0.98. The stock has a market cap of $17.23 billion, a PE ratio of 12.07, a P/E/G ratio of 1.88 and a beta of 0.98. Omnicom Group has a 52-week low of $81.42 and a 52-week high of $107.00.

Omnicom Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Friday, December 20th were paid a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 3.17%. The ex-dividend date was Friday, December 20th. Omnicom Group’s dividend payout ratio (DPR) is currently 38.25%.

Analysts Set New Price Targets

Several research firms have recently issued reports on OMC. Wells Fargo & Company reduced their target price on Omnicom Group from $110.00 to $99.00 and set an “equal weight” rating on the stock in a report on Tuesday, December 10th. JPMorgan Chase & Co. decreased their target price on shares of Omnicom Group from $119.00 to $116.00 and set an “overweight” rating on the stock in a report on Monday. UBS Group upped their price target on shares of Omnicom Group from $120.00 to $124.00 and gave the stock a “buy” rating in a report on Wednesday, October 16th. Macquarie reiterated an “outperform” rating and set a $120.00 price target on shares of Omnicom Group in a research report on Wednesday, December 11th. Finally, Barclays cut their target price on Omnicom Group from $121.00 to $110.00 and set an “overweight” rating for the company in a research note on Friday. One research analyst has rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $108.25.

Omnicom Group Company Profile

Omnicom Group Inc, together with its subsidiaries, offers advertising, marketing, and corporate communications services. It provides a range of services in the areas of advertising and media, precision marketing, commerce and branding, experiential, execution and support, public relations, and healthcare.