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OMC $103.34

OMC target price
103.34
70
95
Omnicom Group, Inc.
Type
Public
Traded as NYSE: OMC
S&P 500 Component
Industry Advertising, public relations
Founded 1986; 31 years ago (1986)
Headquarters New York City, United States
Area served
Global
Key people
Bruce Crawford
(Chairman)
John D. Wren
(President and CEO)
Products
  • Advertising
  • Customer Relationship Management (CRM)
  • Digital Marketing
  • Direct and Promotional Marketing
  • Interactive Marketing
  • Public Relations
  • Strategic Media Planning and Buying
  • Other Specialty Communications Services
Revenue US$ 15.1344 billion (2015)
Operating income
US$ 1.9201 billion (2015)
Number of employees
74,000 (2015)
Subsidiaries
  • BBDO Worldwide
  • DDB Worldwide
  • Diversified Agency Services
  • Omnicom Media Group
  • TBWA Worldwide
Website http://www.omnicomgroup.com

Omnicom Group, Inc. is an American global marketing and corporate communications holding company, headquartered in New York City.

Omnicom's branded networks and specialty firms provide services in four disciplines: advertising, customer relationship management (CRM), public relations and specialty services. The services included in these disciplines are media planning and buying, digital and interactive marketing, sports and events marketing, field marketing and brand consultancy. Omnicom Group was ranked as one of the four largest advertising agencies in the world by The New York Times in 2002. In 2014, Omnicom was considered the second largest advertising holding company by The Wall Street Journal. The company employs more than 74,000 employees in about 100 countries worldwide.

In 1986, Allen Rosenshine, Keith Reinhard and John Bernbach co-created Omnicom in a three-way merger of BBDO Worldwide, Doyle Dane Bernbach and Needham Harper Worldwide. Dubbed the "Big Bang", the merger aligned each agency on the founding principle of creativity. In 1989, Rosenshine stepped down as chairman of Omnicom to return to his role running BBDO Worldwide and Bruce Crawford was put in place as the chairman of Omnicom. In 1997, John Wren, the number two executive at Omnicom, moved up to the CEO role, while Crawford remained chairman. Under Wren, the company has grown into the second largest agency holding company and had revenue of over $15 billion in 2014. According to the company's website the agency now services over 5,000 brands.

Omnicom operates as a holding company and is composed of five major agency networks that oversee 1500+ agencies as parent companies. The networks are BBDO Worldwide, Diversified Agency Services (DAS), DDB Worldwide, Omnicom Media Group (OMG) and TBWA Worldwide.

BBDO Worldwide is a creative agency within the Omnicom network and was one of the companies that took part in the initial merger that formed Omnicom. In addition to being recognized as one of the most creative networks in the world, several of the BBDO agencies were ranked in the top 50 awarded individual agencies in the world by The Gunn Report. Founded in 2000, Proximity Worldwide is BBDO's digitally focused marketing arm. In January 2016, BBDO Worldwide acquired a majority stake in Wednesday Agency Group. The agency also owns Sellbytel.

The DAS Group of Companies is a group of marketing services that includes over 200 companies in the following marketing disciplines: public relations, CRM, healthcare, events, promotional marketing, vehicle testing, branding and research. Some of the businesses included in the DAS network are Alcone, Omnicom Health Group, Automotive Marketing Consultants Inc., Critical Mass, FleishmanHillard, Goodby, Silverstein & Partners, The Marketing Arm, Porter Novelli, maslansky + partners, Doremus, and C Space.

DDB Worldwide is one of the three advertising networks, it offers brand building, campaign management and creative advertising development. Some of the businesses included in the DDB Worldwide unit are Tribal Worldwide, Adam & Eve DDB, gutenberg global, Roberts + Langer, Spike DDB, TracyLocke, Interbrand, and Uproar!@DDB. In November 2015, DDB Worldwide acquired Grupo ABC, the largest advertising group in Brazil.

Omnicom Media Group is the media division of the Omnicom Group Inc. Companies operating in their network include media networks OMD Worldwide, PHD Worldwide, Hearts & Science, data and analytics company, Annalect, and performance media firm, Resolution Media.

TBWA is a global agency network with a philosophy of "disruption" is normally billed as an alternative agency. It was purchased in 1993 and then merged with the Chiat Day firm in 1995. In the United States some of the company's offices still retain the TBWA Chiat Day name. Companies operating under the TBWA network include, Digital Arts Network (DAN), The Integer Group, GSD&M, Zimmerman Advertising, Martin Williams, Designory, NEBOKO , and other TBWA branded regional agencies.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q4 2022 2023-02-07 2.09 2.09
Q3 2022 2022-10-18 1.77 1.77
Q2 2022 2022-07-19 1.68 1.68
Q1 2022 2022-04-19 1.39 1.39
Q4 2021 2022-02-08 1.95 1.95
Q3 2021 2021-10-19 1.65 1.65
Q2 2021 2021-07-20 1.46 1.46
Q1 2021 2021-04-20 1.33 1.33
Q4 2020 2021-02-18 1.90 1.90
Q3 2020 2020-10-27 1.21 1.21

Ratings

2016-04-23 Reiterated Rating Wedbush Neutral $85.00 to $86.00
2016-04-20 Downgrade Barclays Overweight to Equal Weight $82.00 to $90.00
2016-04-20 Downgrade Barclays PLC Overweight to Equal Weight $82.00 to $90.00
2016-04-14 Downgrade Wells Fargo Outperform to Market Perform
2016-04-14 Reiterated Rating Wedbush Hold $81.00 to $85.00
2016-04-14 Downgrade Wells Fargo & Co. Outperform to Market Perform
2016-03-21 Boost Price Target JPMorgan Chase & Co. Overweight $84.00 to $89.00
2016-02-10 Boost Price Target Telsey Advisory Group Market Perform $74.50 to $79.00
2016-02-10 Boost Price Target FBR & Co. Market Perform $75.00 to $77.00
2016-02-10 Boost Price Target Nomura Neutral $75.00 to $79.00
2016-02-10 Boost Price Target Goldman Sachs $63.00 to $66.00
2016-02-10 Boost Price Target Barclays Overweight $81.00 to $82.00
2016-02-10 Boost Price Target Wedbush Neutral $80.00 to $81.00
2016-02-10 Boost Price Target FBR & Co Market Perform $75.00 to $77.00
2016-02-10 Boost Price Target Nomura Holdings Inc. Neutral $75.00 to $79.00
2016-02-10 Boost Price Target Goldman Sachs Group Inc. $63.00 to $66.00
2016-02-09 Reiterated Rating Albert Fried & Company Market Perform $80.00
2015-12-15 Reiterated Rating JPMorgan Chase & Co. Overweight $85.00 to $84.00
2015-11-02 Downgrade BMO Capital Markets Outperform to Market Perform $82.00 to $77.00
2015-10-16 Boost Price Target JPMorgan Chase & Co. Overweight $82.00 to $85.00
2015-10-16 Upgrade Pivotal Research Sell to Hold $57.00 to $69.00
2015-07-23 Upgrade Argus Hold to Buy $82.00
2015-07-15 Upgrade Wells Fargo & Co. Market Perform to Outperform
2015-07-15 Upgrade Wells Fargo Market Perform to Outperform
2015-04-22 Lower Price Target Nomura Neutral $79.00 to $75.00
2015-04-13 Downgrade Pivotal Research Hold to Sell $71.00 to $66.00
2015-02-11 Downgrade BMO Capital Markets Outperform to Market Perform $82.00 to $77.00
2015-02-11 Lower Price Target Telsey Advisory Group Market Perform $78.50 to $74.50
2015-01-16 Downgrade FBR & Co. Outperform to Market Perform $81.00 to $76.00
2015-01-15 Reiterated Rating Evercore ISI Buy to Hold $84.00 to $80.00
2014-10-22 Downgrade Goldman Sachs Neutral to Sell $72.00 to $64.00
2014-09-23 Initiated Coverage Telsey Advisory Group Market Perform $78.50
2014-08-28 Initiated Coverage Northland Securities Neutral $77.00
2014-08-28 Initiated Coverage Nomura Neutral $77.00
2014-07-28 Initiated Coverage Citigroup Inc. Sell
2014-07-16 Boost Price Target Wedbush $70.00 to $78.00
2014-07-08 Reiterated Rating JPMorgan Chase & Co. Overweight $82.00 to $86.00
2014-06-26 Initiated Coverage Jefferies Group Hold
2014-05-29 Upgrade Albert Fried & Company Underweight to Market Perform $56.00 to $76.00
2014-05-28 Initiated Coverage Morgan Stanley Equal Weight $75.00
2014-05-12 Lower Price Target Pivotal Research $71.00 to $68.00
2014-05-12 Lower Price Target Barclays Overweight $85.00 to $84.00
2014-05-12 Downgrade Goldman Sachs Buy to Neutral $87.00 to $75.00
2014-05-09 Lower Price Target Evercore ISI $82.00 to $75.00
2014-05-01 Downgrade Albert Fried & Company Market Perform to Underweight
2014-04-23 Boost Price Target RBC Capital Sector Perform $68.00 to $71.00
2014-04-15 Downgrade Trading Central Buy to Neutral
2014-03-03 Upgrade Ned Davis Research Neutral to Buy
2014-02-12 Boost Price Target BMO Capital Markets Outperform $77.00 to $80.00
2014-02-11 Boost Price Target FBR & Co. Outperform to Market Perform $79.00 to $81.00
2014-01-28 Initiated Coverage Barclays Overweight $85.00
2014-01-17 Boost Price Target Pivotal Research $79.00
2014-01-14 Upgrade Goldman Sachs Buy to Conviction-Buy
2014-01-06 Upgrade Ned Davis Research Neutral to Buy
2013-12-19 Upgrade Goldman Sachs Neutral to Buy $68.00 to $88.00
2013-12-19 Boost Price Target Jefferies Group $55.00 to $72.10
2013-11-13 Downgrade Pivotal Research Buy to Hold $72.00
2013-11-11 Upgrade Ned Davis Research Neutral to Buy
2013-11-04 Upgrade BMO Capital Markets Market Perform to Outperform $63.00 to $77.00
2013-10-29 Initiated Coverage FBR & Co. Outperform $79.00
2013-10-17 Downgrade Argus Buy to Hold
2013-10-10 Lower Price Target Goldman Sachs Neutral $69.00 to $68.00
2016-04-23 Reiterated Rating Wedbush Neutral $85.00 to $86.00
2016-04-20 Downgrade Barclays Overweight to Equal Weight $82.00 to $90.00
2016-04-20 Downgrade Barclays PLC Overweight to Equal Weight $82.00 to $90.00
2016-04-14 Downgrade Wells Fargo Outperform to Market Perform
2016-04-14 Reiterated Rating Wedbush Hold $81.00 to $85.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
WEISENBURGER RANDALL J Executive Vice President & CFO 0.27%  (679641) CCL / CUK / OMC / VLO /
ANGELASTRO PHILIP J Sr. VP Finance/Controller 0.05%  (126882) OMC /
CRAWFORD BRUCE Chairman 0.04%  (105250) OMC /
OBRIEN MICHAEL J Senior VP, Gen. Counsel & Sec. 0.04%  (90479) OMC /
Nelson Jonathan B. CEO, Omnicom Digital 0.03%  (74178) OMC /
MURPHY JOHN R 0.02%  (59387) OMC /
HENNING MICHAEL A 0.02%  (57618) BDE / CTS / LSTR / OMC /
Hewitt Dennis E. Treasurer 0.02%  (46949) OMC /
ROUBOS GARY L 0.02%  (42460) OMC /
PURCELL JOHN R 0.02%  (39959) OMC /
DENISON SUSAN S 0.02%  (38152) OMC /
CLARK ROBERT C 0.02%  (37955) OMC / TWX /
COOK ERROL M 0.01%  (28741) OMC /
Castellaneta Andrew SVP, Chief Accounting Officer 0.01%  (27753) OMC /
COLEMAN LEONARD S JR 0.01%  (27238) ARMK / CAR / CHDN / EA / HES / OMC /
BATKIN ALAN R 0.01%  (24995) CMN / HAS / OMC / PEGI /
Sherman Peter K. Executive Vice President 0.01%  (21271) OMC /
CHOKSI MARY C 0.01%  (19118) CAR / OMC / WTM /