Omnicom Group (OMC) Projected to Post Earnings on Tuesday

Omnicom Group (NYSE:OMC) is expected to 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. Parties interested in listening to the company’s conference call can do so using this link.

Omnicom Group (NYSE:OMC) last released its earnings results on Tuesday, February 4th. The business services provider reported $2.41 earnings per share for the quarter, beating analysts’ consensus estimates 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 in the prior year, the firm posted $2.20 earnings per share. 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 Up 2.1 %

Shares of NYSE OMC opened at $75.56 on Monday. The company’s 50 day moving average price is $80.50 and its 200-day moving average price is $90.29. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.90 and a current ratio of 1.00. Omnicom Group has a 52-week low of $69.13 and a 52-week high of $107.00. The company has a market capitalization of $14.85 billion, a P/E ratio of 10.14, a price-to-earnings-growth ratio of 1.94 and a beta of 0.87.

Omnicom Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 9th. Investors of record on Tuesday, March 11th were issued a $0.70 dividend. The ex-dividend date was Tuesday, March 11th. This represents a $2.80 annualized dividend and a yield of 3.71%. Omnicom Group’s payout ratio is 37.58%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. JPMorgan Chase & Co. lowered their price objective on 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 reduced 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 report on Friday, January 24th. Argus lowered shares of Omnicom Group from a “buy” rating to a “hold” rating in a report on Friday, February 14th. Finally, UBS Group dropped their price target on Omnicom Group from $117.00 to $104.00 and set a “buy” rating on the stock in a research note on Thursday, March 20th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $104.43.

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.