NEW YORK (
) hit a new 52-week high Monday as it traded at $50.89 compared with its previous 52-Week high of $50.85. Omnicom Group is changing hands at $50.72 with 1.5 million shares traded as of 2:06 p.m. ET. Average volume has been 2.1 million shares over the past 30 days.
Omnicom Group has a market cap of $14.7 billion and is part of the
industry. Shares are up 9% year to date as of the close of trading on Friday.
Omnicom Group Inc., together with its subsidiaries, provides advertising, marketing, and corporate communications services. It offers services in traditional media advertising, customer relationship management, public relations, and specialty communications groups. The company has a P/E ratio of 18.1, equal to the average media industry P/E ratio and below the S&P 500 P/E ratio of 22.6.
TheStreet Ratings rates Omnicom Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, notable return on equity and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full
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