Wall Street Zen cut shares of Stagwell (NASDAQ:STGW – Free Report) from a strong-buy rating to a buy rating in a research report sent to investors on Saturday morning.
Several other research firms also recently commented on STGW. Wells Fargo & Company increased their target price on shares of Stagwell from $8.00 to $10.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. B. Riley Financial boosted their price target on Stagwell from $8.00 to $10.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Zacks Research upgraded Stagwell from a “strong sell” rating to a “hold” rating in a research note on Friday, June 5th. Weiss Ratings reissued a “sell (d+)” rating on shares of Stagwell in a report on Friday, July 31st. Finally, Needham & Company LLC raised their price objective on Stagwell from $8.00 to $10.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. Five analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Stagwell currently has an average rating of “Moderate Buy” and a consensus price target of $9.60.
Check Out Our Latest Report on Stagwell
Stagwell Stock Down 2.0%
Stagwell (NASDAQ:STGW – Get Free Report) last announced 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 during 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%.The firm’s quarterly revenue was up 11.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.17 EPS. Stagwell has set its FY 2026 guidance at 1.030-1.170 EPS. On average, equities research analysts expect that Stagwell will post 0.92 earnings per share for the current fiscal year.
Insider Buying and Selling
In other Stagwell news, insider Frank P. Lanuto sold 62,000 shares of the firm’s stock in a transaction that occurred on Friday, July 31st. The stock was sold at an average price of $8.46, for a total value of $524,520.00. Following the completion of the sale, the insider owned 491,977 shares in the company, valued at approximately $4,162,125.42. This trade represents a 11.19% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 11.20% of the stock is currently owned by company insiders.
Institutional Trading of Stagwell
A number of institutional investors and hedge funds have recently modified their holdings of the company. AQR Capital Management LLC bought a new position in shares of Stagwell during the 1st quarter worth approximately $74,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings 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 valued at $316,000 after acquiring an additional 3,249 shares during the period. Dynamic Technology Lab Private Ltd bought a new position in shares of Stagwell during the first quarter valued at $137,000. Jane Street Group LLC boosted its stake in shares of Stagwell by 36.0% in the 1st quarter. Jane Street Group LLC now owns 123,000 shares of the company’s stock valued at $744,000 after purchasing an additional 32,546 shares in the last quarter. Finally, Legal & General Group Plc grew its holdings in shares of Stagwell by 5.2% in the 2nd quarter. Legal & General Group Plc now owns 101,049 shares of the company’s stock worth $455,000 after purchasing an additional 5,017 shares during the last quarter. 35.61% of the stock is currently owned by institutional investors.
About Stagwell
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.
Read More
- Five stocks we like better than Stagwell
- Is Best Buy the AI Winner Hiding in the Electronics Aisle?
- Applied Materials Beat Everything but Wall Street’s Expectations for Margins
- Back From Orbit, Intuitive Machines’ Share Price Enters the Buy Zone
- Texas Roadhouse and Brinker International Have the Recipe Rivals Are Missing
Receive News & Ratings for Stagwell Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stagwell and related companies with MarketBeat.com's FREE daily email newsletter.
