Stagwell Inc. (NASDAQ:STGW) Stock Has Consensus Target Price of $9.60

Shares of Stagwell Inc. (NASDAQ:STGW – Get Free Report) have been given an average recommendation of “Moderate Buy” by the seven research firms that are covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $9.60.

A number of research analysts have commented on the stock. B. Riley Financial upped their target price on shares of Stagwell from $8.00 to $10.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Wall Street Zen downgraded shares of Stagwell from a “strong-buy” rating to a “buy” rating in a research note on Sunday. Weiss Ratings upgraded shares of Stagwell from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, August 13th. Needham & Company LLC increased their price objective on shares of Stagwell from $8.00 to $10.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th. Finally, Wells Fargo & Company lifted their target price on shares of Stagwell from $8.00 to $10.00 and gave the company an “overweight” rating in a report on Friday, July 31st.

Get Our Latest Analysis on Stagwell

Insider Activity at Stagwell

In other news, insider Frank Lanuto sold 62,000 shares of Stagwell stock in a transaction on Friday, July 31st. The stock was sold at an average price of $8.46, for a total value of $524,520.00. Following the completion of the sale, the insider directly owned 491,977 shares of the company’s stock, valued at approximately $4,162,125.42. The trade was a 11.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 11.20% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Stagwell

Several hedge funds have recently bought and sold shares of STGW. Sei Investments Co. grew its position in Stagwell by 104.2% in the 1st quarter. Sei Investments Co. now owns 371,788 shares of the company’s stock valued at $2,339,000 after acquiring an additional 189,751 shares in the last quarter. First Trust Advisors LP lifted its position in shares of Stagwell by 53.0% during the first quarter. First Trust Advisors LP now owns 673,642 shares of the company’s stock worth $4,237,000 after purchasing an additional 233,489 shares in the last quarter. Bank of New York Mellon Corp acquired a new stake in shares of Stagwell during the second quarter worth about $3,907,000. Empowered Funds LLC purchased a new position in shares of Stagwell in the first quarter valued at approximately $2,862,000. Finally, Kestra Private Wealth Services LLC purchased a new position in shares of Stagwell in the first quarter valued at approximately $846,000. Institutional investors and hedge funds own 35.61% of the company’s stock.

Stagwell Price Performance

NASDAQ:STGW opened at $8.36 on Thursday. Stagwell has a 52 week low of $4.28 and a 52 week high of $9.55. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 2.11. The company has a market capitalization of $2.04 billion, a P/E ratio of 139.33 and a beta of 1.30. The stock’s fifty day moving average is $8.63 and its two-hundred day moving average is $7.40.

Stagwell (NASDAQ:STGW – Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The company reported $0.25 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $0.06. The business had revenue of $786.31 million during the quarter, compared to analysts’ expectations of $754.56 million. Stagwell had a return on equity of 27.30% and a net margin of 0.53%.The company’s revenue was up 11.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.17 EPS. Stagwell has set its FY 2026 guidance at 1.030-1.170 EPS. Equities analysts expect that Stagwell will post 0.92 EPS for the current year.

Stagwell Company Profile

(Get Free Report)

Stagwell Inc (NASDAQ: STGW) is a global marketing and communications network that provides services to businesses, government organizations and other institutions. The company combines creative, media, digital transformation, public relations, strategic consulting, consumer insights and data-driven marketing capabilities through a network of specialized agencies.

Its services include brand strategy and development, advertising, media planning and buying, public affairs, corporate communications, public relations, social media, technology consulting, website and product design, customer experience and analytics.

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Analyst Recommendations for Stagwell (NASDAQ:STGW)

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