For its third fiscal quarter (ending September 30), Omnicom Group Inc (NYSE: OMC) has reported a 5% increase in E.P.S. from $1.88 a year ago to $1.97 in the current quarter. However, this performance was $-0.06 short of the consensus estimate of $2.03. For the latest four quarters through September 30, E.P.S. were $7.40 versus $6.95 for the same period a year ago — an increase of 6%.
Recent Price Action
Omnicom Group Inc (NYSE: OMC) stock rose modestly by 0.7% on 10/15/24. The stock closed at $104.02. Moreover, above average trading volume at 146% of normal accompanied the advance. The stock has been strong relative to the market over the last nine months and has risen 3.1% during the last week.
Current PriceTarget Research Rating
OMC is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Omnicom Group has a current Value Trend Rating of C (Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Omnicom Group has a slightly negative Appreciation Score of 31 but a good Power Rating of 75, with the Neutral Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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