Stagwell (NASDAQ:STGW) Upgraded at Wall Street Zen

Stagwell (NASDAQ:STGW) was upgraded by investment analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a research note issued to investors on Saturday, Wall Street Zen reports.

Several other research analysts also recently weighed in on STGW. 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 research report on Friday, July 31st. The Goldman Sachs Group initiated coverage on Stagwell in a report on Monday, October 5th. They issued a “buy” rating and a $13.00 price objective on the stock. Rosenblatt Securities boosted their price objective on Stagwell from $9.00 to $10.00 and gave the stock a “buy” rating in a research note on Tuesday, August 4th. Needham & Company LLC boosted their price objective on Stagwell from $8.00 to $10.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Finally, B. Riley Financial increased their target price on Stagwell from $8.00 to $10.00 and gave the company a “buy” rating in a report on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $10.17.

Stagwell Price Performance

Shares of NASDAQ STGW opened at $8.98 on Friday. The company has a debt-to-equity ratio of 2.11, a quick ratio of 0.81 and a current ratio of 0.81. The firm has a fifty day moving average of $8.68 and a 200 day moving average of $7.59. The firm has a market cap of $2.20 billion, a PE ratio of 11.41 and a beta of 1.30. Stagwell has a one year low of $4.28 and a one year high of $9.64.

Stagwell (NASDAQ:STGW) last posted its quarterly earnings data on Thursday, July 30th. The company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.06. Stagwell had a net margin of 0.53% and a return on equity of 27.30%. The business had revenue of $786.31 million for the quarter, compared to the consensus estimate of $754.56 million. During the same period last year, the firm posted $0.17 earnings per share. The company’s revenue was up 11.2% compared to the same quarter last year. Stagwell has set its FY 2026 guidance at 1.030-1.170 EPS. As a group, research analysts predict that Stagwell will post 0.92 EPS for the current fiscal year.

Insider Activity at Stagwell

In other news, insider Frank Lanuto sold 62,000 shares of the stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $8.46, for a total value of $524,520.00. Following the completion of the sale, the insider directly owned 491,977 shares in the company, valued at $4,162,125.42. This represents a 11.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 11.20% of the stock is owned by company insiders.

Institutional Trading of Stagwell

Several large investors have recently bought and sold shares of STGW. Integrated Wealth Concepts LLC acquired a new stake in Stagwell in the 2nd quarter valued at about $52,000. Tidal Investments LLC acquired a new position in shares of Stagwell during the 2nd quarter worth approximately $117,000. Pictet Asset Management Holding SA grew its position in shares of Stagwell by 34.7% in the first quarter. Pictet Asset Management Holding SA now owns 20,014 shares of the company’s stock valued at $126,000 after purchasing an additional 5,155 shares in the last quarter. Headlands Technologies LLC purchased a new stake in shares of Stagwell in the second quarter valued at approximately $141,000. Finally, Corient Private Wealth LP acquired a new stake in shares of Stagwell in the second quarter valued at approximately $238,000. Hedge funds and other institutional investors own 35.61% of the company’s stock.

About Stagwell

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.