Omnicom Group (OMC) to Release Earnings on Tuesday

Omnicom Group (NYSE:OMC - Get Free Report) will likely be posting its quarterly earnings results after the market closes on Tuesday, April 15th. Analysts expect Omnicom Group to post earnings of $1.60 per share and revenue of $3.73 billion for the quarter. Persons that are interested in registering for the company's earnings conference call can do so using this link.

Omnicom Group (NYSE:OMC - Get Free Report) last posted its quarterly earnings results on Tuesday, February 4th. The business services provider reported $2.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.38 by $0.03. Omnicom Group had a net margin of 9.44% and a return on equity of 36.39%. During the same quarter last year, the company earned $2.20 EPS. On average, analysts expect Omnicom Group to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Omnicom Group Stock Performance

Shares of OMC traded up $1.58 during midday trading on Friday, reaching $75.56. The stock had a trading volume of 3,018,198 shares, compared to its average volume of 2,144,307. The company has a current ratio of 1.00, a quick ratio of 0.90 and a debt-to-equity ratio of 1.27. The firm has a 50 day simple moving average of $80.50 and a 200-day simple moving average of $90.38. The firm has a market cap of $14.85 billion, a PE ratio of 10.14, a P/E/G ratio of 1.94 and a beta of 0.87. Omnicom Group has a one year low of $69.13 and a one year high of $107.00.

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Omnicom Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 9th. Stockholders of record on Tuesday, March 11th were given a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 3.71%. The ex-dividend date of this dividend was Tuesday, March 11th. Omnicom Group's payout ratio is presently 37.58%.

Analysts Set New Price Targets

Several analysts recently weighed in on OMC shares. UBS Group dropped their price target on Omnicom Group from $117.00 to $104.00 and set a "buy" rating for the company in a report on Thursday, March 20th. JPMorgan Chase & Co. reduced their target price on shares of Omnicom Group from $119.00 to $116.00 and set an "overweight" rating for the company in a research report on Monday, January 27th. Barclays dropped their price objective on shares of Omnicom Group from $121.00 to $110.00 and set an "overweight" rating for the company in a research note on Friday, January 24th. Finally, Argus downgraded shares of Omnicom Group from a "buy" rating to a "hold" rating in a report on Friday, February 14th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $104.43.

About Omnicom Group

Omnicom Group Inc, together with its subsidiaries, offers advertising, marketing, and corporate communications services. It provides a range of services in the areas of advertising and media, precision marketing, commerce and branding, experiential, execution and support, public relations, and healthcare.