Stagwell (NASDAQ:STGW) Reaches New 12-Month High After Analyst Upgrade

Stagwell Inc. (NASDAQ:STGWGet Free Report) hit a new 52-week high on Tuesday after Rosenblatt Securities raised their price target on the stock from $9.00 to $10.00. Rosenblatt Securities currently has a buy rating on the stock. Stagwell traded as high as $8.91 and last traded at $8.70, with a volume of 3741745 shares. The stock had previously closed at $8.45.

Other research analysts also recently issued reports about the company. Wells Fargo & Company boosted their price objective on Stagwell from $8.00 to $10.00 and gave the company an “overweight” rating in a research note on Friday, July 31st. Zacks Research raised Stagwell from a “strong sell” rating to a “hold” rating in a research note on Friday, June 5th. Weiss Ratings restated a “sell (d+)” rating on shares of Stagwell in a report on Friday, July 31st. Wall Street Zen raised shares of Stagwell from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 1st. Finally, Needham & Company LLC lifted their price objective on shares of Stagwell from $8.00 to $10.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. Five equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Stagwell presently has a consensus rating of “Moderate Buy” and an average target price of $9.60.

Read Our Latest Research Report on Stagwell

Insider Buying and Selling

In other news, CEO Mark Jeffery Penn bought 20,000 shares of the stock in a transaction dated Wednesday, May 13th. The shares were bought at an average cost of $5.88 per share, with a total value of $117,600.00. Following the completion of the transaction, the chief executive officer directly owned 23,034,990 shares of the company’s stock, valued at $135,445,741.20. This trade represents a 0.09% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Frank P. Lanuto sold 62,000 shares of the stock in a transaction 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 transaction, the insider owned 491,977 shares in the company, valued at approximately $4,162,125.42. This represents a 11.19% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 11.20% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. JPMorgan Chase & Co. grew its holdings in Stagwell by 54.1% during the fourth quarter. JPMorgan Chase & Co. now owns 2,676,532 shares of the company’s stock worth $13,088,000 after buying an additional 939,888 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Stagwell by 22.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 5,035,320 shares of the company’s stock worth $31,671,000 after acquiring an additional 923,771 shares in the last quarter. Hotchkis & Wiley Capital Management LLC grew its stake in shares of Stagwell by 4.6% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 21,034,577 shares of the company’s stock worth $118,425,000 after acquiring an additional 920,431 shares in the last quarter. AQR Capital Management LLC raised its holdings in shares of Stagwell by 255.4% in the fourth quarter. AQR Capital Management LLC now owns 946,033 shares of the company’s stock valued at $4,626,000 after purchasing an additional 679,874 shares during the last quarter. Finally, Empowered Funds LLC bought a new position in shares of Stagwell during the first quarter valued at about $2,862,000. 35.61% of the stock is currently owned by institutional investors and hedge funds.

Stagwell Trading Down 1.8%

The company has a debt-to-equity ratio of 2.11, a current ratio of 0.81 and a quick ratio of 0.83. The firm’s fifty day moving average is $7.32 and its two-hundred day moving average is $6.48. The firm has a market capitalization of $2.19 billion, a PE ratio of 147.50 and a beta of 1.25.

Stagwell (NASDAQ:STGWGet Free Report) last posted its earnings results on Thursday, July 30th. The company reported $0.25 EPS for the quarter, topping the consensus estimate of $0.19 by $0.06. The firm had revenue of $786.31 million for the quarter, compared to analysts’ expectations of $754.56 million. Stagwell had a net margin of 0.53% and a return on equity of 27.30%. The company’s quarterly revenue was up 11.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.17 EPS. Stagwell has set its FY 2026 guidance at 1.030-1.170 EPS. On average, equities analysts predict that Stagwell Inc. will post 0.86 EPS for the current fiscal year.

About Stagwell

(Get Free Report)

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

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.