|Bid||62.113 x 20000|
|Ask||63.354 x 20000|
|Day's range||62.057 - 63.214|
|52-week range||59.411 - 83.852|
|PE ratio (TTM)||12.53|
|Forward Dividend & Yield||2.20 (2.55%)|
|1y target est||N/A|
Steady dividend payout and share repurchases back the long-term strategy of Omnicom (OMC) to provide attractive risk-adjusted returns to its stockholders.
Back in August, advertising stocks Omnicom Group (OMC) and Interpublic Group (IPG) got whacked after WPP Group (WPPGY), the world's largest ad agency, slashed its revenue target citing a slowdown in spending by consumer companies. At the time, WPP CEO Martin Sorrell cited Amazon.com's (AMZN) growing stranglehold as among his worries. Fast forward just about two months, and things are brightening up for the beaten-down ad agencies thanks to Omnicom Group's earnings today.
On a per-share basis, the New York-based company said it had profit of $1.13. The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was ...
In third-quarter 2017, Omnicom Group (OMC) is likely to report flat revenues in North America, which accounts for more than half of the total corporate revenues.
The increasing demand for Omnicom Group's (OMC) media services, speedy growth of technologies and massive proliferation of channels are likely to translate into incremental revenues in the future.
Over the course of 30 years, French advertising and PR firm Publicis has achieved a lot with Maurice Levy at its helm, however, it wasn’t always smooth sailing.
Arthur Sadoun will take over as chief executive of advertising company Publicis Groupe SA (LSE: 0FQI.L - news) from longtime CEO Maurice Levy on June 1, the company said on Thursday. Paris-based Publicis Groupe is the third-largest ad company in the world, part of what is considered the "Big Four" agency companies, along with WPP PLC (Frankfurt: A1J2BZ - news) , Interpublic Group of Companies Inc and Omnicom Group Inc (Frankfurt: 871706 - news) . Currently, Sadoun oversees all of Publicis (Paris: FR0000130577 - news) ' creative agencies, including Saatchi & Saatchi and Leo Burnett.