Stagwell (NASDAQ:STGW) Reaches New 1-Year High – Here’s What Happened

Stagwell Inc. (NASDAQ:STGW) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as $8.10 and last traded at $8.0450, with a volume of 657982 shares traded. The stock had previously closed at $7.97.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on STGW. Needham & Company LLC lifted their target price on Stagwell from $7.25 to $8.00 and gave the stock a “buy” rating in a report on Monday, June 29th. Zacks Research upgraded Stagwell from a “strong sell” rating to a “hold” rating in a report on Friday, June 5th. Wall Street Zen downgraded Stagwell from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 2nd. Weiss Ratings lowered shares of Stagwell from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, May 4th. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $9.00 price objective on shares of Stagwell in a research report on Tuesday, May 5th. Four analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $7.80.

Stagwell Stock Up 2.7%

The business’s fifty day moving average is $7.07 and its two-hundred day moving average is $6.35. The company has a market cap of $2.03 billion, a P/E ratio of 116.36 and a beta of 1.26. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.83 and a current ratio of 0.83.

Stagwell (NASDAQ:STGW) last released its quarterly earnings data on Thursday, April 30th. The company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.01). The company had revenue of $704.14 million during the quarter, compared to analysts’ expectations of $700.48 million. Stagwell had a net margin of 0.64% and a return on equity of 24.12%. Stagwell’s quarterly revenue was up 8.0% on a year-over-year basis. During the same period last year, the firm earned $0.12 earnings per share. Stagwell has set its FY 2026 guidance at 0.980-1.120 EPS. Equities analysts predict that Stagwell Inc. will post 0.86 EPS for the current year.

Insider Buying and Selling

In related news, Director Bradley J. Gross sold 2,163,790 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $6.04, for a total value of $13,069,291.60. Following the completion of the sale, the director owned 8,789 shares in the company, valued at approximately $53,085.56. The trade was a 99.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Mark Jeffery Penn acquired 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 13th. The stock was purchased at an average cost of $5.88 per share, for a total transaction of $117,600.00. Following the purchase, the chief executive officer owned 23,034,990 shares of the company’s stock, valued at $135,445,741.20. This represents a 0.09% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 11.20% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of STGW. Kestra Advisory Services LLC bought a new position in shares of Stagwell during the 4th quarter worth approximately $26,000. Clearstead Advisors LLC boosted its stake in Stagwell by 186.2% in the fourth quarter. Clearstead Advisors LLC now owns 7,020 shares of the company’s stock valued at $34,000 after acquiring an additional 4,567 shares in the last quarter. Tower Research Capital LLC TRC grew its holdings in Stagwell by 311.8% in the second quarter. Tower Research Capital LLC TRC now owns 10,790 shares of the company’s stock worth $49,000 after purchasing an additional 8,170 shares during the last quarter. Inceptionr LLC acquired a new position in shares of Stagwell during the fourth quarter worth $50,000. Finally, New York State Teachers Retirement System acquired a new position in shares of Stagwell during the fourth quarter worth $52,000. Hedge funds and other institutional investors own 35.61% of the company’s stock.

Stagwell Company Profile

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.