Stagwell (NASDAQ:STGW) Sets New 12-Month High – Here’s What Happened

Stagwell Inc. (NASDAQ:STGW)’s stock price reached a new 52-week high during mid-day trading on Wednesday. The company traded as high as $9.64 and last traded at $9.13, with a volume of 3,152,208 shares. The stock had previously closed at $8.86.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on STGW shares. Wall Street Zen cut Stagwell from a “strong-buy” rating to a “buy” rating in a report on Sunday, October 4th. Weiss Ratings raised shares of Stagwell from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, October 8th. Rosenblatt Securities boosted 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. The Goldman Sachs Group began coverage on shares of Stagwell in a research report on Monday, October 5th. They issued a “buy” rating and a $13.00 price target on the stock. Finally, B. Riley Financial upped their price target 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. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Stagwell currently has a consensus rating of “Moderate Buy” and an average target price of $10.17.

Stagwell Trading Up 3.0%

The company has a 50-day moving average price of $8.68 and a two-hundred day moving average price of $7.54. The stock has a market cap of $2.23 billion, a P/E ratio of 11.07 and a beta of 1.30. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 2.11.

Stagwell (NASDAQ:STGW) last issued its quarterly earnings results on Thursday, July 30th. The company reported $0.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.06. The company had revenue of $786.31 million during the quarter, compared to the consensus estimate 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 period last year, the company earned $0.17 earnings per share. Stagwell has set its FY 2026 guidance at 1.030-1.170 EPS. On average, research analysts expect that Stagwell Inc. will post 0.92 EPS for the current fiscal year.

Insiders Place Their Bets

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 transaction 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 11.20% of the stock is owned by company insiders.

Institutional Investors Weigh In On Stagwell

Institutional investors have recently made changes to their positions in the company. Tidal Investments LLC purchased a new stake in Stagwell in the 2nd quarter worth about $117,000. Integrated Wealth Concepts LLC bought a new stake in Stagwell in the second quarter worth about $52,000. Corient Private Wealth LP bought a new stake in Stagwell in the second quarter worth about $238,000. Concurrent Investment Advisors LLC boosted its position in shares of Stagwell by 86.6% during the second quarter. Concurrent Investment Advisors LLC now owns 80,795 shares of the company’s stock valued at $600,000 after buying an additional 37,485 shares during the period. Finally, Headlands Technologies LLC purchased a new position in shares of Stagwell during the second quarter valued at approximately $141,000. Institutional investors own 35.61% of the company’s stock.

Stagwell Company Profile

Stagwell Inc (NASDAQ: STGW) is a global marketing and communications network that provides services to businesses, government organizations and other institutions. The company combines creative, media, digital transformation, public relations, strategic consulting, consumer insights and data-driven marketing capabilities through a network of specialized agencies.

Its services include brand strategy and development, advertising, media planning and buying, public affairs, corporate communications, public relations, social media, technology consulting, website and product design, customer experience and analytics.