Omnicom Group (OMC) Scheduled to Post Quarterly Earnings on Monday

Omnicom Group (NYSE:OMC) will issue its quarterly earnings data before the market opens on Monday, February 5th. Analysts expect the company to announce earnings of $1.55 per share for the quarter.

Omnicom Group (NYSE OMC) opened at $77.65 on Monday. Omnicom Group has a one year low of $65.32 and a one year high of $87.43. The company has a current ratio of 0.90, a quick ratio of 0.79 and a debt-to-equity ratio of 1.62. The stock has a market cap of $17,900.00, a PE ratio of 15.47, a PEG ratio of 2.03 and a beta of 1.23.

The company also recently declared a quarterly dividend, which was paid on Tuesday, January 9th. Stockholders of record on Tuesday, December 19th were paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 3.09%. This is a positive change from Omnicom Group’s previous quarterly dividend of $0.55. The ex-dividend date was Monday, December 18th. Omnicom Group’s payout ratio is 47.81%.

OMC has been the topic of a number of recent analyst reports. Morgan Stanley lowered shares of Omnicom Group from an “equal weight” rating to an “underweight” rating and set a $72.00 price target on the stock. in a research note on Monday, October 16th. Argus upgraded shares of Omnicom Group from a “hold” rating to a “buy” rating in a research note on Tuesday, October 31st. Credit Suisse Group dropped their price target on shares of Omnicom Group from $79.00 to $78.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 11th. Zacks Investment Research lowered shares of Omnicom Group from a “hold” rating to a “sell” rating in a research note on Tuesday, October 10th. Finally, Macquarie lowered shares of Omnicom Group from a “neutral” rating to an “underperform” rating and set a $83.00 price target on the stock. in a research note on Tuesday, January 2nd. Five analysts have rated the stock with a sell rating, nine have issued a hold rating and three have issued a buy rating to the stock. Omnicom Group currently has an average rating of “Hold” and a consensus price target of $83.36.

In related news, insider Peter K. Sherman sold 8,310 shares of the business’s stock in a transaction dated Monday, December 11th. The shares were sold at an average price of $74.31, for a total transaction of $617,516.10. Following the sale, the insider now owns 21,271 shares of the company’s stock, valued at $1,580,648.01. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.10% of the stock is currently owned by insiders.

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About Omnicom Group

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.

Earnings History for Omnicom Group (NYSE:OMC)

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