The leading market experts have placed a mean price target of $82.40 on Omnicom Group Inc. (NYSE:OMC) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.46 a share for the upcoming quarter and $4.76 for the current fiscal.
The technical analysis of Omnicom Group Inc. Common Stock plainly substantiates that the 50-day moving average of Omnicom Group Inc. Common Stock is $82.22, and stock is trading $1.21 points away or +1.47% from its 50-day moving average of $82.22. Further it is trading $2.55 or +3.16% away its 200-day moving average of $80.88. Omnicom Group Inc. (NYSE:OMC) 52-week high is $85.95 and the 52-week low is $64.12.
This explains if the stock moves $-2.52, it will post a 52-week high. In event of +30.12% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Omnicom Group Inc. Common Stock, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Omnicom Group Inc. (NYSE:OMC) ratio came in at 18.25.
The stock last ended the trading session at $83.43 and registered a market cap of $19.73B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Omnicom Group Inc. (NYSE:OMC) PEG ratio is at 2.75.
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