Stagwell (NASDAQ:STGW) Downgraded to “Buy” Rating by Wall Street Zen

by · The Markets Daily

Wall Street Zen downgraded shares of Stagwell (NASDAQ:STGW – Free Report) from a strong-buy rating to a buy rating in a research report released on Saturday morning,Wall Street Zen reports.

Several other equities analysts have also commented on STGW. Needham & Company LLC raised their target price on shares of Stagwell from $8.00 to $10.00 and gave the company a “buy” rating in a report on Thursday, July 30th. Wells Fargo & Company upped their price target 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 increased their price target 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 lifted 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 Friday, July 31st. Finally, Weiss Ratings upgraded shares of Stagwell from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, August 13th. Five research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $9.60.

Read Our Latest Analysis on Stagwell

Stagwell Stock Performance

NASDAQ:STGW opened at $8.60 on Friday. The stock has a fifty day moving average price of $8.38 and a 200-day moving average price of $7.07. The company has a market cap of $2.10 billion, a price-to-earnings ratio of 143.33 and a beta of 1.22. The company has a debt-to-equity ratio of 2.11, a quick ratio of 0.81 and a current ratio of 0.81. Stagwell has a fifty-two week low of $4.28 and a fifty-two week high of $9.55.

Stagwell (NASDAQ:STGW – Get Free Report) last issued its quarterly earnings results 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 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%.Stagwell’s revenue was up 11.2% on a year-over-year basis. During the same quarter last year, the business earned $0.17 earnings per share. Stagwell has set its FY 2026 guidance at 1.030-1.170 EPS. As a group, equities analysts anticipate that Stagwell will post 0.92 EPS for the current fiscal year.

Insider Buying and Selling

In other Stagwell news, insider Frank Lanuto sold 62,000 shares of the business’s stock in a transaction dated 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 owned 491,977 shares of the company’s stock, valued at approximately $4,162,125.42. The trade was a 11.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 11.20% of the company’s stock.

Institutional Investors Weigh In On Stagwell

Hedge funds and other institutional investors have recently made changes to their positions in the stock. AQR Capital Management LLC acquired a new position in Stagwell during the 1st quarter worth approximately $74,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Stagwell by 6.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 52,193 shares of the company’s stock worth $316,000 after buying an additional 3,249 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in shares of Stagwell during the first quarter worth $137,000. Jane Street Group LLC increased its holdings in shares of Stagwell by 36.0% during the first quarter. Jane Street Group LLC now owns 123,000 shares of the company’s stock worth $744,000 after buying an additional 32,546 shares in the last quarter. Finally, Legal & General Group Plc increased its holdings in shares of Stagwell by 5.2% during the second quarter. Legal & General Group Plc now owns 101,049 shares of the company’s stock worth $455,000 after buying an additional 5,017 shares in the last quarter. 35.61% of the stock is owned by institutional investors.

Stagwell Company Profile

(Get Free Report)

Stagwell Inc is a global marketing and communications network that provides advertising, public relations, media, digital transformation, consumer research and strategic consulting services. Through its network of agencies, the company helps brands develop marketing strategies, create content, engage audiences and use technology and data to support business growth.

Stagwell’s businesses serve clients across industries and include capabilities such as creative advertising, media planning and buying, public affairs, healthcare communications, brand strategy, digital product development and market research.

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