Omnicom Group (OMC) Getting Somewhat Favorable Media Coverage, Analysis Shows

News coverage about Omnicom Group (NYSE:OMC) has trended somewhat positive recently, according to Accern. The research group identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Omnicom Group earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave media stories about the business services provider an impact score of 46.5447141312514 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

These are some of the media stories that may have impacted Accern Sentiment’s analysis:

Several brokerages recently commented on OMC. TheStreet downgraded shares of Omnicom Group from a “b-” rating to a “c+” rating in a research report on Tuesday, November 21st. BMO Capital Markets restated a “hold” rating and issued a $85.00 price target on shares of Omnicom Group in a research report on Wednesday, September 13th. Citigroup upgraded shares of Omnicom Group from a “sell” rating to a “neutral” rating in a research report on Wednesday, September 6th. Jefferies Group restated a “hold” rating and issued a $82.00 price target on shares of Omnicom Group in a research report on Thursday, September 21st. Finally, Royal Bank of Canada reduced their price target on shares of Omnicom Group from $96.00 to $87.00 and set an “outperform” rating for the company in a research report on Wednesday, October 18th. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and three have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $84.00.

Omnicom Group (NYSE:OMC) traded down $0.61 during trading on Thursday, reaching $73.10. 3,311,517 shares of the company’s stock traded hands, compared to its average volume of 1,951,860. The firm has a market cap of $17,174.69, a price-to-earnings ratio of 14.99, a PEG ratio of 1.99 and a beta of 1.24. The company has a current ratio of 0.90, a quick ratio of 0.79 and a debt-to-equity ratio of 1.62. Omnicom Group has a 1 year low of $65.32 and a 1 year high of $88.51.

Omnicom Group (NYSE:OMC) last released its quarterly earnings data on Tuesday, October 17th. The business services provider reported $1.13 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.10 by $0.03. Omnicom Group had a net margin of 7.72% and a return on equity of 42.11%. The firm had revenue of $3.72 billion for the quarter, compared to analyst estimates of $3.69 billion. During the same quarter in the prior year, the business earned $1.06 EPS. The company’s revenue for the quarter was down 1.9% compared to the same quarter last year. research analysts expect that Omnicom Group will post 5.11 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, January 9th. Stockholders of record on Tuesday, December 19th will be paid a dividend of $0.60 per share. This is a positive change from Omnicom Group’s previous quarterly dividend of $0.55. The ex-dividend date is Monday, December 18th. This represents a $2.40 annualized dividend and a dividend yield of 3.28%. Omnicom Group’s dividend payout ratio is 43.82%.

In other news, Director Linda Johnson Rice sold 489 shares of the stock in a transaction on Thursday, October 19th. The shares were sold at an average price of $74.32, for a total transaction of $36,342.48. Following the transaction, the director now owns 7,777 shares in the company, valued at approximately $577,986.64. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Peter K. Sherman sold 8,310 shares of the stock in a transaction on Monday, December 11th. The stock was sold at an average price of $74.31, for a total transaction of $617,516.10. Following the transaction, the insider now owns 21,271 shares in the company, valued at approximately $1,580,648.01. The disclosure for this sale can be found here. Corporate insiders own 1.10% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for Omnicom Group (NYSE:OMC)

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