Omnicom Group Inc. s trend and data analysis indicates that the stock price has dropped -1.66% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -0.07% . Looking at the past 52 week period, the stock price is up at 4.89% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Omnicom Group Inc. has a positive value of 3.23 compared to overall market.Omnicom Group Inc. is having a Relative Strength Index of 51.53 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Stocks of Omnicom Group Inc. (NYSE:OMC) rallied by 0.53% during the past week but lost 0.47% on a 4-week basis. The company has outperformed the S&P 500 by 0.29% in the past week but underperformed the index by 1.6% in the last 4 weeks.
Company shares have received an average consensus rating of Hold for the current week Omnicom Group Inc. (NYSE:OMC) : On Friday heightened volatility was witnessed in Omnicom Group Inc. (NYSE:OMC) which led to swings in the share price. The stock opened for trading at $85.17 and hit $85.44 on the upside , eventually ending the session at $84.94, with a gain of 0.12% or 0.1 points. The heightened volatility saw the trading volume jump to 1,594,967 shares. The 52-week high of the share price is $89.66 and the company has a market cap of $19,921 million. The 52-week low of the share price is at $75.61 .
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Upgraded by RBC Capital Mkts on Mar 8, 2017 to Outperform, Raises Price Target to $ 101 from a previous price target of $87 .Omnicom Group was Initiated by BofA/Merrill on Mar 2, 2017 to Neutral, Price Target of the shares are set at $91.
Company has reported several Insider transactions to the SEC, on Feb 13, 2017, Dennis E. Hewitt (Treasurer) sold 1,400 shares at 85.14 per share price.On Dec 13, 2016, Linda Johnson Rice (director) sold 23,400 shares at 85.80 per share price.On Nov 28, 2016, Leonard S Jr Coleman (director) sold 986 shares at 87.74 per share price.
Omnicom Group Last issued its quarterly earnings results on Feb 7, 2017. The company reported $1.47 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $1.44. The company had revenue of $4242.00 million for the quarter, compared to analysts expectations of $4267.59 million. The companys revenue was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.35 EPS.
Omnicom Group Inc. provides corporate communications services to clients worldwide on a global, pan-regional, national and local basis. The corporate communications services offered by the company include advertising in various media such as television, radio, newspaper, magazines, outdoor and the internet, as well as public relations, specialty advertising, direct response and promotional marketing, strategic media planning and buying, and internet and digital media development.