Shares of Stagwell Inc. (NASDAQ:STGW – Get Free Report) have been given a consensus rating of “Moderate Buy” by the seven brokerages that are currently covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $9.60.
STGW has been the subject of a number of recent research reports. Rosenblatt Securities increased their target price on shares of Stagwell from $9.00 to $10.00 and gave the company a “buy” rating in a research report on Tuesday, August 4th. Wells Fargo & Company boosted their price target on shares of Stagwell from $8.00 to $10.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Wall Street Zen cut shares of Stagwell from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Weiss Ratings upgraded shares of Stagwell from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, August 13th. Finally, Zacks Research raised shares of Stagwell from a “strong sell” rating to a “hold” rating in a research note on Friday, June 5th.
Insider Activity
Hedge Funds Weigh In On Stagwell
A number of institutional investors and hedge funds have recently added to or reduced their stakes in STGW. Tidal Investments LLC acquired a new stake in shares of Stagwell in the 2nd quarter worth $117,000. Integrated Wealth Concepts LLC acquired a new position in shares of Stagwell during the 2nd quarter valued at about $52,000. Corient Private Wealth LP acquired a new position in shares of Stagwell during the 2nd quarter valued at about $238,000. California State Teachers Retirement System boosted its position in shares of Stagwell by 798.9% during the 2nd quarter. California State Teachers Retirement System now owns 959,696 shares of the company’s stock valued at $7,131,000 after acquiring an additional 852,934 shares during the last quarter. Finally, Concurrent Investment Advisors LLC grew its holdings in shares of Stagwell by 86.6% in the second quarter. Concurrent Investment Advisors LLC now owns 80,795 shares of the company’s stock valued at $600,000 after purchasing an additional 37,485 shares during the period. Institutional investors and hedge funds own 35.61% of the company’s stock.
Stagwell Stock Performance
Shares of NASDAQ:STGW opened at $8.60 on Friday. The company has a debt-to-equity ratio of 2.11, a current ratio of 0.81 and a quick ratio of 0.81. Stagwell has a 1 year low of $4.28 and a 1 year high of $9.55. The firm has a market capitalization of $2.10 billion, a PE ratio of 143.33 and a beta of 1.22. The business’s 50 day moving average price is $8.38 and its 200-day moving average price is $7.07.
Stagwell (NASDAQ:STGW – Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.19 by $0.06. The firm had revenue of $786.31 million during the quarter, compared to the consensus estimate of $754.56 million. Stagwell had a return on equity of 27.30% and a net margin of 0.53%.The firm’s revenue was up 11.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.17 EPS. Stagwell has set its FY 2026 guidance at 1.030-1.170 EPS. As a group, equities research analysts expect that Stagwell will post 0.92 earnings per share for the current fiscal year.
Stagwell Company Profile
Stagwell Inc is a global marketing and communications network that provides advertising, public relations, media, digital transformation, consumer research and strategic consulting services. Through its network of agencies, the company helps brands develop marketing strategies, create content, engage audiences and use technology and data to support business growth.
Stagwell’s businesses serve clients across industries and include capabilities such as creative advertising, media planning and buying, public affairs, healthcare communications, brand strategy, digital product development and market research.
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