Stagwell (NASDAQ:STGW) Trading 8.9% Higher – Here’s What Happened

Stagwell Inc. (NASDAQ:STGW)’s share price was up 8.9% on Friday . The stock traded as high as $5.34 and last traded at $5.3350. Approximately 1,945,785 shares changed hands during mid-day trading, an increase of 42% from the average daily volume of 1,372,140 shares. The stock had previously closed at $4.90.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on STGW shares. Zacks Research raised shares of Stagwell from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 1st. Seaport Res Ptn raised shares of Stagwell to a “strong-buy” rating in a research note on Friday, November 14th. Needham & Company LLC increased their target price on shares of Stagwell from $6.36 to $7.25 and gave the stock a “buy” rating in a research report on Friday, November 7th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $9.00 price target on shares of Stagwell in a research report on Monday, December 1st. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Stagwell in a report on Monday, December 29th. Two equities research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $8.15.

Stagwell Stock Performance

The company has a debt-to-equity ratio of 1.98, a current ratio of 0.89 and a quick ratio of 0.89. The firm has a market cap of $1.32 billion, a P/E ratio of 87.10 and a beta of 1.66. The stock’s 50 day moving average is $5.18 and its two-hundred day moving average is $5.20.

Stagwell (NASDAQ:STGW) last released its quarterly earnings data on Thursday, November 6th. The company reported $0.24 earnings per share for the quarter, beating analysts’ consensus estimates of $0.23 by $0.01. The company had revenue of $743.00 million for the quarter, compared to the consensus estimate of $743.11 million. Stagwell had a return on equity of 15.31% and a net margin of 0.68%.The company’s quarterly revenue was up 4.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.22 earnings per share. Stagwell has set its FY 2025 guidance at 0.750-0.880 EPS. As a group, equities analysts predict that Stagwell Inc. will post 0.59 EPS for the current year.

Institutional Investors Weigh In On Stagwell

Hedge funds have recently bought and sold shares of the company. Vident Advisory LLC acquired a new stake in shares of Stagwell during the 1st quarter valued at $64,000. AQR Capital Management LLC purchased a new stake in Stagwell in the 1st quarter valued at $74,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Stagwell by 6.6% in 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 in the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in Stagwell during the first quarter worth about $137,000. Finally, Ascent Group LLC purchased a new stake in Stagwell in the 1st quarter worth about $215,000. 35.61% of the stock is currently owned by institutional investors and hedge funds.

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.