OMC

Omnicom Group, Inc.

TMT


Presented:07/01/2020
Price:$54.54
Cap:$11.69B
Current Price:$104.02
Cap:$20.35B

Presented

Date07/01/2020
Price$54.54
Market Cap$11.69B
Ent Value$16.26B
P/E Ratio8.97x
Book Value$11.42
Div Yield4.77%
Shares O/S214.28M
Ave Daily Vol2,836,998
Short Int9.54%

Current

Price$104.02
Market Cap$20.35B
Omnicom Group, Inc. is a holding company, which engages in the management and provision of advertising agencies. It offers marketing and corporate communications services. The company was founded by Maxwell Dane in 1944 and is headquartered in New York, NY.

Publicly traded companies mentioned herein: Omnicom Group Inc (OMC)

Highlights

The presenter is short shares of OMC, citing secular issues that COVID-19 has accelerated and cyclical issues that will permanently eliminate revenue. With large advertising budgets switching over to digital from traditional media such as print and TV, he anticipates OMC will take large hits to revenue over time, as well as challenges in maintaining clients. Given low barriers to entry, the company faces intense competition, from both new incumbents and former staff that tend to take clients with them should they leave.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Request access to DeMatteo Research for full access

Request Access

Already have an account?

Idea Discussion

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Idea Discussions display submitted commentary from our investor community.

To read and participate in the discussion with the presenter and investor base, request access to DeMatteo

Request Access

Already have an account?

An error occurred loading this content. Try again later or contact us.