Omnicom Group's most recent trend suggests a bearish bias. One trading opportunity on Omnicom Group is a Bear Call Spread using a strike $52.50 short call and a strike $57.50 long call offers a potential 11.11% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $52.50 by expiration. The full premium credit of $0.50 would be kept by the premium seller. The risk of $4.50 would be incurred if the stock rose above the $57.50 long call strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Omnicom Group is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Omnicom Group is bearish.
The RSI indicator is at 35.62 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Omnicom Group
Marina Maher Communications Strengthens Digital Innovation Practice with Appointment of Top Senior Talent
Fri, 30 Oct 2020 12:00:00 +0000
Marina Maher Communications (MMC) announced today the appointment of four senior leaders within their growing Digital Innovation practice of 30+ influencer, social media & analytics and partnership experts who are committed to reshaping the next generation of digitally-led communications. Saveira Singh joins as Executive Director, Digital Innovation and Storytelling; Mike Schaffer joins as Group SVP, Corporate Digital Innovation; Jo Madnani joins as VP, Digital Health and Carolina Ortiz joins as VP, Consumer Digital and Influencer Marketing.
FleishmanHillard's True MOSAIC Practice Launches Proprietary DE&IQ Diagnostic Tool, Appoints Regional Leadership
Thu, 29 Oct 2020 13:02:00 +0000
FleishmanHillard's True MOSAIC practice today announced new regional appointments, in addition to DE&IQ;, a proprietary diagnostic tool created to help organizations assess public perception of their DE&I; actions to better strengthen their positions and map meaningful plans of action.
What Does Omnicom Group's Debt Look Like?
Wed, 28 Oct 2020 16:49:16 +0000
Over the past three months, shares of Omnicom Group (NYSE: OMC) decreased by 13.71%. Before we understand the importance of debt, let us look at how much debt Omnicom Group has.Omnicom Group's Debt According to the Omnicom Group's most recent financial statement as reported on October 27, 2020, total debt is at $5.79 billion, with $5.76 billion in long-term debt and $23.60 million in current debt. Adjusting for $3.28 billion in cash-equivalents, the company has a net debt of $2.51 billion.Let's define some of the terms we used in the paragraph above. Current debt is the portion of a company's debt which is due within 1 year, while long-term debt is the portion due in more than 1 year. Cash equivalents include cash and any liquid securities with maturity periods of 90 days or less. Total debt equals current debt plus long-term debt minus cash equivalents.To understand the degree of financial leverage a company has, shareholders look at the debt ratio. Considering Omnicom Group's $23.78 billion in total assets, the debt-ratio is at 0.24. Generally speaking, a debt-ratio more than one means that a large portion of debt is funded by assets. As the debt-ratio increases, so the does the risk of defaulting on loans, if interest rates were to increase. Different industries have different thresholds of tolerance for debt-ratios. A debt ratio of 40% might be higher for one industry and normal for another.Why Shareholders Look At Debt? Debt is an important factor in the capital structure of a company, and can help it attain growth. Debt usually has a relatively lower financing cost than equity, which makes it an attractive option for executives.Interest-payment obligations can impact the cash-flow of the company. Equity owners can keep excess profit, generated from the debt capital, when companies use the debt capital for its business operations.Looking for stocks with low debt-to-equity ratios? Check out Benzinga Pro, a market research platform which provides investors with near-instantaneous access to dozens of stock metrics – including debt-to-equity ratio. Click here to learn more.See more from Benzinga * Click here for options trades from Benzinga * Stocks That Hit 52-Week Lows On Wednesday * Benzinga's Top Upgrades, Downgrades For October 28, 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Omnicom (OMC) Surpasses Q3 Earnings and Revenue Estimates
Wed, 28 Oct 2020 12:58:12 +0000
Omnicom (OMC) third-quarter 2020 revenues decline year over year.
Omnicom Group Inc (OMC) Q3 2020 Earnings Call Transcript
Tue, 27 Oct 2020 17:30:28 +0000
Image source: The Motley Fool. Omnicom Group Inc (NYSE: OMC)Q3 2020 Earnings CallOct 27, 2020, 8:15 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood morning, ladies and gentlemen, and welcome to the Omnicom Third Quarter 2020 Earnings Release Conference Call.
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