Omnicom Group Inc (NYSE: OMC) has reported E.P.S. of $1.67 for its second fiscal quarter (ending June 30) versus $1.84 for the same period a year ago — a decline of -9%. Relative to the consensus estimate of $1.92, this was a shortfall of $-0.25. For the latest four quarters through June 30, E.P.S. were $7.31 compared to $6.85 a year ago — an increase of 7%.
Recent Price Action
Omnicom Group Inc (NYSE: OMC) stock closed at $95.35 on 7/16/24 after an increase of 1.7%. Moreover, unusually high trading volume at 184% of normal accompanied the advance. The stock has risen 6.4% during the last week and has been strong relative to the market over the last nine months.
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 80, and the Neutral Value Trend Rating results.
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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