Stagwell (NASDAQ:STGW) Raised to Strong-Buy at Wall Street Zen

Stagwell (NASDAQ:STGW) was upgraded by Wall Street Zen from a “buy” rating to a “strong-buy” rating in a report issued on Saturday.

STGW has been the topic of several other reports. B. Riley Financial boosted their price objective on Stagwell from $8.00 to $10.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Weiss Ratings upgraded Stagwell from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, August 13th. Zacks Research upgraded shares of Stagwell from a “strong sell” rating to a “hold” rating in a research report on Friday, June 5th. Wells Fargo & Company raised their target price on shares of Stagwell from $8.00 to $10.00 and gave the stock an “overweight” rating in a report on Friday, July 31st. Finally, Rosenblatt Securities lifted their price target on shares of Stagwell from $9.00 to $10.00 and gave the stock a “buy” rating in a research note on Tuesday, August 4th. Five investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Stagwell currently has a consensus rating of “Moderate Buy” and an average price target of $9.60.

Stagwell Price Performance

NASDAQ:STGW traded down $0.14 on Friday, reaching $8.74. 755,411 shares of the company’s stock traded hands, compared to its average volume of 1,564,154. The stock has a 50-day simple moving average of $8.07 and a 200-day simple moving average of $6.81. Stagwell has a 12 month low of $4.28 and a 12 month high of $9.55. The firm has a market cap of $2.14 billion, a PE ratio of 145.67 and a beta of 1.25. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 2.11.

Stagwell (NASDAQ:STGW) last issued its earnings results on Thursday, July 30th. The company reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.06. The firm had revenue of $786.31 million for 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 business’s revenue was up 11.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.17 earnings per share. Stagwell has set its FY 2026 guidance at 1.030-1.170 EPS. Equities research analysts forecast that Stagwell will post 0.92 earnings per share for the current year.

Insider Activity at Stagwell

In related news, insider Frank P. Lanuto sold 62,000 shares of the firm’s stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $8.46, for a total value of $524,520.00. Following the transaction, the insider owned 491,977 shares of the company’s stock, valued at $4,162,125.42. This trade represents a 11.19% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 11.20% of the company’s stock.

Hedge Funds Weigh In On Stagwell

A number of hedge funds have recently added to or reduced their stakes in STGW. Sei Investments Co. boosted its holdings in shares of Stagwell by 104.2% in the first quarter. Sei Investments Co. now owns 371,788 shares of the company’s stock valued at $2,339,000 after purchasing an additional 189,751 shares during the period. First Trust Advisors LP lifted its holdings in shares of Stagwell by 53.0% in the 1st quarter. First Trust Advisors LP now owns 673,642 shares of the company’s stock worth $4,237,000 after buying an additional 233,489 shares during the period. Empowered Funds LLC purchased a new stake in shares of Stagwell in the 1st quarter worth $2,862,000. Kestra Private Wealth Services LLC bought a new position in shares of Stagwell during the 1st quarter worth $846,000. Finally, AdvisorShares Investments LLC purchased a new position in shares of Stagwell during the fourth quarter valued at $478,000. 35.61% of the stock is currently owned by institutional investors.

Stagwell Company Profile

Stagwell Inc is a modern marketing and communications network that partners with global organizations to drive brand growth through data-driven insights and creative solutions. The company operates a diversified portfolio of specialized agencies and technology platforms, offering services that span digital marketing, advertising, public relations, consumer and market research, social media strategy, and commerce consulting. By integrating research, creative, media, and technology under a unified network, Stagwell aims to deliver end-to-end marketing solutions tailored to the evolving needs of clients in sectors such as technology, healthcare, consumer goods, and financial services.

Founded in 2015 by long-time political strategist and pollster Mark Penn, Stagwell has expanded organically and through strategic acquisitions to build capabilities across the marketing value chain.