Wall Street Zen Upgrades Stagwell (NASDAQ:STGW) to Buy

by · The Cerbat Gem

Stagwell (NASDAQ:STGW – Get Free Report) was upgraded by investment analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a note issued to investors on Saturday.

A number of other brokerages have also recently weighed in on STGW. Seaport Res Ptn raised Stagwell to a “strong-buy” rating in a research report on Friday, November 14th. Rosenblatt Securities reissued a “buy” rating and issued a $9.00 price objective on shares of Stagwell in a research note on Monday, December 1st. Zacks Research upgraded Stagwell from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 1st. Needham & Company LLC upped their target price on Stagwell from $6.36 to $7.25 and gave the stock a “buy” rating in a research report on Friday, November 7th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Stagwell in a report on Monday, December 29th. Two equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Stagwell presently has a consensus rating of “Moderate Buy” and an average price target of $8.15.

Read Our Latest Research Report on Stagwell

Stagwell Stock Performance

STGW stock opened at $6.56 on Friday. The firm has a 50 day moving average of $5.29 and a two-hundred day moving average of $5.27. Stagwell has a 12 month low of $4.03 and a 12 month high of $7.48. The company has a market capitalization of $1.65 billion, a price-to-earnings ratio of 109.33 and a beta of 1.66. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 1.98.

Stagwell (NASDAQ:STGW – Get Free Report) last released its quarterly earnings results on Thursday, November 6th. The company reported $0.24 earnings per share for the quarter, beating analysts’ consensus estimates of $0.23 by $0.01. The business had revenue of $743.00 million for the quarter, compared to the consensus estimate of $743.11 million. Stagwell had a net margin of 0.68% and a return on equity of 15.31%. Stagwell’s revenue for the quarter was up 4.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.22 EPS. Stagwell has set its FY 2025 guidance at 0.750-0.880 EPS. As a group, equities analysts anticipate that Stagwell will post 0.59 EPS for the current fiscal year.

Institutional Investors Weigh In On Stagwell

Hedge funds have recently modified their holdings of the business. Parkside Financial Bank & Trust increased its position in Stagwell by 43.0% during the second quarter. Parkside Financial Bank & Trust now owns 9,981 shares of the company’s stock worth $45,000 after acquiring an additional 3,003 shares during the period. State of Alaska Department of Revenue bought a new position in shares of Stagwell during the 3rd quarter worth about $47,000. Tower Research Capital LLC TRC raised its position in shares of Stagwell by 311.8% during the second quarter. Tower Research Capital LLC TRC now owns 10,790 shares of the company’s stock valued at $49,000 after buying an additional 8,170 shares during the last quarter. Ameritas Investment Partners Inc. lifted its stake in shares of Stagwell by 51.6% in the second quarter. Ameritas Investment Partners Inc. now owns 11,790 shares of the company’s stock valued at $53,000 after buying an additional 4,013 shares during the period. Finally, Wealth Enhancement Advisory Services LLC acquired a new stake in Stagwell during the fourth quarter worth about $61,000. 35.61% of the stock is owned by institutional investors.

Stagwell Company Profile

(Get Free Report)

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.

Recommended Stories