Stagwell (NASDAQ:STGW) Stock Gets Downgrade from Wall Street Zen

Stagwell (NASDAQ:STGW) was downgraded by analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research note issued on Sunday, Wall Street Zen reports.

A number of other research analysts also recently commented on STGW. Needham & Company LLC upped their price objective on shares of Stagwell from $8.00 to $10.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. Wells Fargo & Company increased their price objective on shares of Stagwell from $8.00 to $10.00 and gave the stock an “overweight” rating in a report on Friday, July 31st. Rosenblatt Securities raised their target price on shares of Stagwell from $9.00 to $10.00 and gave the stock a “buy” rating in a research report on Tuesday, August 4th. B. Riley Financial boosted their target price on shares of Stagwell from $8.00 to $10.00 and gave the company a “buy” rating in a report on Friday, July 31st. Finally, Weiss Ratings raised shares of Stagwell from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, October 8th. One 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 stock. According to data from MarketBeat.com, Stagwell presently has a consensus rating of “Moderate Buy” and a consensus target price of $10.17.

Stagwell Stock Down 3.3%

STGW opened at $8.68 on Friday. The company has a debt-to-equity ratio of 2.11, a quick ratio of 0.81 and a current ratio of 0.81. The company has a market cap of $2.12 billion, a price-to-earnings ratio of 11.23 and a beta of 1.30. Stagwell has a one year low of $4.28 and a one year high of $9.64. The business’s fifty day moving average is $8.66 and its two-hundred day moving average is $7.06.

Stagwell (NASDAQ:STGW) last released its quarterly earnings results on Thursday, July 30th. The company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.19 by $0.06. The business had revenue of $786.31 million for the quarter, compared to analyst estimates 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 earned $0.17 earnings per share. Stagwell has set its FY 2026 guidance at 1.030-1.170 EPS. Analysts anticipate that Stagwell will post 0.92 EPS for the current fiscal year.

Insider Activity at Stagwell

In other Stagwell news, insider Frank Lanuto sold 62,000 shares of the business’s stock in a transaction on 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 in the company, valued at $4,162,125.42. The trade was a 11.19% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 11.20% of the company’s stock.

Hedge Funds Weigh In On Stagwell

Hedge funds have recently bought and sold shares of the company. Dimensional Fund Advisors LP grew its holdings in shares of Stagwell by 22.5% during the first quarter. Dimensional Fund Advisors LP now owns 5,035,320 shares of the company’s stock valued at $31,671,000 after purchasing an additional 923,771 shares during the last quarter. First Trust Advisors LP raised its position in shares of Stagwell by 53.0% during the 1st 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 during the period. Bank of New York Mellon Corp acquired a new stake in shares of Stagwell during the 2nd quarter worth approximately $3,907,000. Empowered Funds LLC bought a new stake in shares of Stagwell in the 1st quarter worth approximately $2,862,000. Finally, Sei Investments Co. lifted its holdings in shares of Stagwell by 104.2% in the 1st quarter. Sei Investments Co. now owns 371,788 shares of the company’s stock worth $2,339,000 after purchasing an additional 189,751 shares during the last quarter. 35.61% of the stock is currently owned by institutional investors and hedge funds.

Stagwell Company Profile

Stagwell Inc is a global marketing and communications services company that helps brands, organizations and institutions develop strategies, engage audiences and manage their reputations. Its services include advertising, media, public relations, digital marketing, consumer insights, creative development and marketing technology.

The company operates through a network of agencies and specialized businesses serving clients across North America, Europe, Asia-Pacific and other international markets.