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

Stagwell (NASDAQ:STGW) was upgraded by equities research analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a report released on Saturday, Wall Street Zen reports.

STGW has been the subject of several other reports. Rosenblatt Securities increased their price target on Stagwell from $9.00 to $10.00 and gave the company a “buy” rating in a research report on Tuesday, August 4th. The Goldman Sachs Group began coverage on Stagwell in a research note on Monday, October 5th. They issued a “buy” rating and a $13.00 price target for the company. Weiss Ratings raised Stagwell from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, October 8th. Wells Fargo & Company boosted their price target on Stagwell from $8.00 to $10.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Finally, B. Riley Financial increased their price objective on Stagwell from $8.00 to $10.00 and gave the company a “buy” rating in a report on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Stagwell currently has an average rating of “Moderate Buy” and an average target price of $10.17.

Stagwell Price Performance

Shares of STGW stock opened at $8.98 on Friday. The firm’s fifty day moving average price is $8.68 and its two-hundred day moving average price is $7.60. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 2.11. Stagwell has a 1 year low of $4.28 and a 1 year high of $9.64. The firm has a market capitalization of $2.20 billion, a P/E ratio of 149.67 and a beta of 1.30.

Stagwell (NASDAQ:STGW) last posted its quarterly earnings data on Thursday, July 30th. The company reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.06. The company had revenue of $786.31 million during the quarter, compared to the consensus estimate of $754.56 million. Stagwell had a net margin of 0.53% and a return on equity of 27.30%. The company’s quarterly revenue was up 11.2% on a year-over-year basis. 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. On average, equities analysts predict that Stagwell will post 0.92 EPS for the current fiscal year.

Insider Activity

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

Institutional Investors Weigh In On Stagwell

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

Stagwell Company Profile

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.