Stagwell (NASDAQ:STGW) Updates FY25 Earnings Guidance

Stagwell (NASDAQ:STGW) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided earnings per share guidance of $0.75-0.88 for the period, compared to the consensus earnings per share estimate of $0.84. The company issued revenue guidance of $3.068 billion, compared to the consensus revenue estimate of $2.97 billion.

Analysts Set New Price Targets

STGW has been the subject of a number of research analyst reports. Wells Fargo & Company upgraded Stagwell from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $8.00 to $9.00 in a report on Friday, February 21st. Rosenblatt Securities lifted their price objective on Stagwell from $9.00 to $10.00 and gave the company a “buy” rating in a research note on Friday, February 28th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $8.75.

Stagwell Price Performance

Shares of STGW stock opened at $5.99 on Wednesday. Stagwell has a twelve month low of $5.29 and a twelve month high of $8.18. The company has a market capitalization of $1.60 billion, a PE ratio of 299.50 and a beta of 1.56. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 1.97. The firm has a fifty day simple moving average of $6.28 and a 200-day simple moving average of $6.75.

About Stagwell

Stagwell Inc provides digital transformation, performance media and data, consumer insights and strategy, and creativity and communications services. The company operates through three segments: Integrated Agencies Network, Brand Performance Network, and Communications Network. It designs and builds digital platforms and experiences that support the delivery of content, commerce, service, and sales; creates websites, mobile applications, back-end systems, content and data management systems, and other digital environments; designs and implements technology and data strategies; and develops software and related technology products, including artificial intelligence (AI)-enabled communications, research, and media technology, cookie-less data platforms for advance targeting and activation, software tools for e-commerce applications, specialty media solutions in the augmented reality space, and text messaging applications for consumer engagement.