Omnicom Group (OMC) Projected to Post Quarterly Earnings on Tuesday

Omnicom Group (NYSE:OMC - Get Free Report) is expected to be issuing its quarterly earnings data after the market closes on Tuesday, February 4th. Analysts expect the company to announce earnings of $2.38 per share and revenue of $4.31 billion for the quarter. Persons that wish to register for the company's earnings conference call can do so using this link.

Omnicom Group Stock Performance

Shares of NYSE:OMC traded up $0.13 during midday trading on Friday, reaching $86.65. The company had a trading volume of 1,693,037 shares, compared to its average volume of 2,122,792. The stock has a market cap of $16.91 billion, a P/E ratio of 11.84, a P/E/G ratio of 1.90 and a beta of 0.98. The company's 50 day moving average price is $90.68 and its 200 day moving average price is $96.24. The company has a current ratio of 0.98, a quick ratio of 0.86 and a debt-to-equity ratio of 1.37. Omnicom Group has a 52-week low of $81.42 and a 52-week high of $107.00.

Omnicom Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Friday, December 20th were paid a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 3.23%. The ex-dividend date was Friday, December 20th. Omnicom Group's payout ratio is 38.25%.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the stock. Wells Fargo & Company lowered their price target on shares of Omnicom Group from $110.00 to $99.00 and set an "equal weight" rating on the stock in a report on Tuesday, December 10th. Barclays lowered their target price on Omnicom Group from $121.00 to $110.00 and set an "overweight" rating on the stock in a research note on Friday, January 24th. Macquarie reiterated an "outperform" rating and set a $120.00 price target on shares of Omnicom Group in a research note on Wednesday, December 11th. UBS Group boosted their price objective on Omnicom Group from $120.00 to $124.00 and gave the company a "buy" rating in a research note on Wednesday, October 16th. Finally, JPMorgan Chase & Co. cut 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. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $108.25.

Omnicom Group Company Profile

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.