How to Buy Omnicom Group Stock
Omnicom Group Inc
Omnicom Group is a advertising agency company located in New York, United States, which is part of the Communication Services sector, and is traded under the ticker OMC on the NYSE exchange.
Omnicom Group stock last closed at $96.71, up 0.76% from the previous day, and has increased 3.89% in one year. It has underperformed other stocks in the Advertising Agencies industry by 0.03 percentage points. Omnicom Group stock is currently +33.95% from its 52-week low of $72.20, and -2.54% from its 52-week high of $99.23.
As of Apr 25, 2024, there are 195.83M shares of OMC outstanding. The market capitalization of OMC is $18.94B. In the past 24 hours, 2.09M OMC shares were traded.
How to Buy Omnicom Group Stock
Wondering how to invest in Omnicom Group stock? Here's how.
- Choose where to buy Omnicom Group stock: You need to decide on an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you determine where to buy Omnicom Group stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Pick your method of payment and add your details.
- Evaluate Omnicom Group stock: The Omnicom Group ticker symbol is OMC. Is Omnicom Group stock a good investment? Should you buy shares of OMC? How do OMC's underlying business fundamentals look? Do top analysts think Omnicom Group is a good buy? Why has OMC's stock price moved recently? (Hint: Our stock market analysis website can help you decide if OMC is a good stock to buy).
- Make your OMC buy order: Decide if you will purchase OMC shares at the current market price or use a limit order to buy OMC stock at a particular price.
- Get notifications regarding your OMC investment: Create a watchlist to important updates regarding your new investment in Omnicom Group stock.
Step 1: Choose where to buy Omnicom Group stock
You will need an online brokerage account in order to access the NYSE market and buy OMC stock.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've selected your brokerage, the next step is to fill out some personal info so you are able to buy OMC stock today.
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Step 3: Deposit funds into your brokerage account
Now that you've opened your account on one of the most highly reviewed stock trading apps, you need to deposit funds:
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Step 4: Evaluate Omnicom Group stock
After you have chosen the best place to buy Omnicom Group stock, it's crucial to evaluate their stock prior to buying, so you truly comprehend the risk and opportunity.
Omnicom Group shares quick numbers
OMC Zen Score
WallStreetZen was designed to help part-time investors do better fundamental analysis in less time.
You can view all of the due diligence checks on OMC's stock page.
Is OMC stock undervalued?
You can use many financial metrics, analyses, models, and charts to gauge OMC's intrinsic value.
Using relative valuations ratios:
- OMC may be undervalued based on its P/E ratio of 12.95x, relative to Advertising Agencies industry P/E ratio of 28.88x
- OMC could be overvalued based on its P/B ratio of 5.31x, relative to Advertising Agencies industry P/B ratio of 3.4x
You can access additional valuation research on OMC's stock here.
How do OMC Financials look?
Passed Health Checks:
- Total OMC debt is lower than 5 years ago, relative to shareholder equity.
- OMC profit margin has gone up from 9.6% to 10% in the past year.
- OMC earnings of $2.26B is not sufficient to cover its interest payments.
- There are more short-term assets than long-term liabilities on the OMC balance sheet.
Failed Health Checks:
- OMC's operating cash flow of $1.33B allows it to safely service it's debt of $7.09B.
- OMC has a relatively high debt to equity ratio of 6.48.
- There are more short-term liabilities than short-term assets on the OMC balance sheet.
Is it a good time to buy Omnicom Group stock, according to Wall Street analysts?
Out of 6 Wall Street analysts who monitor OMC, the consensus analyst rating on Omnicom Group is a Strong Buy
Please note that analyst forecasts are not recommendations, nor are they investment advice.
Most Recent OMC Analyst Forecasts
Adam Berlin, a bottom 44% analyst from UBS initiates coverage on OMC with a strong buy rating and announces their OMC price target of $117.00, on Jan 11, 2024.
Tim Nollen, a bottom 7% analyst from Macquarie upgrades OMC to a buy rating and raises their OMC price target from $80.00 to $100.00, on Jan 5, 2024.
You can dig deeper into what analysts are projecting on the Omnicom Group stock forecast page.
OMC Technicals
Is OMC Making Money?
Last year, OMC earnings were $1.48B. Over the past five year, OMC's earnings have gone up by 4.87% per year. This was faster than the Advertising Agencies industry average of -7.03%.
Last year, OMC revenue was $14.88B. Over the past five year, OMC's revenue has gone up by -0.33% per year. This was slower than the Advertising Agencies industry average of 3.3%.
You can analyze OMC's earnings and revenue performance here.
Who is buying/selling OMC?
Over the last 12 months, executives and large shareholders at OMC have sold more shares than they have bought.
Rochelle M. Tarlowe, Senior VP and Treasurer of OMC, was the latest OMC insider to sell. They sold $143,011.50 worth of OMC shares on Mar 13, 2024.
Research more about who owns OMC stock here.
Can I get consistent income from OMC stock?
Omnicom Group pays a dividend of 2.9%, compared to the Advertising Agencies industry's average dividend yield of 5.59%. If you owned $1,000 worth of OMC stock, you would have been paid $28.95 in the past 12 months.
Omnicom Group dividend payments have consistently grown over the past decade and have remained stable.
Dig into more data about Omnicom Group dividend yield and history here.
OMC Social Trading Data
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Step 5: Make your OMC buy order
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly the easiest way to buy. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount limit, place a limit order.
Press the Open button and your broker will place your order.
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Step 6: Get notifications regarding your OMC investment
Now that you own some shares in OMC, you'll want to keep up with your new stock purchase.
Create a watchlist to get the latest updates about your OMC stock.
OMC Feed
How to Buy Stock in Omnicom Group
To summarize, here are the 6 steps to buy stock in Omnicom Group:
- Choose where to buy Omnicom Group stock
- Create your brokerage account
- Deposit funds into your brokerage account
- Evaluate Omnicom Group stock
- Make your OMC buy order
- Get notifications regarding your OMC investment
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