Stagwell (NASDAQ:STGW) Raised to Strong-Buy at Wall Street Zen

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

A number of other equities research analysts have also recently issued reports on the company. Needham & Company LLC upped their target price on Stagwell from $8.00 to $10.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th. Wells Fargo & Company boosted their price target on Stagwell from $8.00 to $10.00 and gave the company an “overweight” rating in a research note on Friday, July 31st. Weiss Ratings raised shares of Stagwell from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, August 13th. Zacks Research upgraded Stagwell from a “strong sell” rating to a “hold” rating in a research report on Friday, June 5th. Finally, B. Riley Financial upped their price objective on shares of Stagwell from $8.00 to $10.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Five investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Stagwell presently has a consensus rating of “Moderate Buy” and an average target price of $9.60.

Stagwell Price Performance

Shares of NASDAQ STGW opened at $8.32 on Friday. Stagwell has a twelve month low of $4.28 and a twelve month high of $9.55. The company has a market capitalization of $2.03 billion, a price-to-earnings ratio of 138.67 and a beta of 1.22. The firm has a 50-day moving average of $8.53 and a two-hundred day moving average of $7.34. 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 released its quarterly earnings results on Thursday, July 30th. The company reported $0.25 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.06. The business had revenue of $786.31 million during the quarter, compared to analyst estimates of $754.56 million. Stagwell had a return on equity of 27.30% and a net margin of 0.53%.Stagwell’s revenue for the quarter was up 11.2% on a year-over-year basis. During the same quarter last year, the company posted $0.17 EPS. Stagwell has set its FY 2026 guidance at 1.030-1.170 EPS. As a group, analysts expect that Stagwell will post 0.92 earnings per share for the current fiscal year.

Insider Buying and Selling at Stagwell

In other Stagwell news, insider Frank Lanuto sold 62,000 shares of the company’s stock in a transaction that occurred on Friday, July 31st. The stock was sold at an average price of $8.46, for a total transaction of $524,520.00. Following the completion of the transaction, the insider owned 491,977 shares of the company’s stock, valued at $4,162,125.42. This represents a 11.19% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 11.20% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Stagwell

A number of large investors have recently modified their holdings of STGW. Tidal Investments LLC bought a new position in shares of Stagwell in the 2nd quarter valued at about $117,000. Integrated Wealth Concepts LLC bought a new stake in Stagwell during the second quarter worth about $52,000. Corient Private Wealth LP acquired a new position in Stagwell during the second quarter valued at approximately $238,000. Concurrent Investment Advisors LLC boosted its position in 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 purchasing an additional 37,485 shares during the last quarter. Finally, Headlands Technologies LLC bought a new position in Stagwell in the second quarter valued at approximately $141,000. 35.61% of the stock is currently owned by institutional investors and hedge funds.

Stagwell Company Profile

Stagwell Inc is a global marketing and communications network that provides advertising, public relations, media, digital transformation, consumer research and strategic consulting services. Through its network of agencies, the company helps brands develop marketing strategies, create content, engage audiences and use technology and data to support business growth.

Stagwell’s businesses serve clients across industries and include capabilities such as creative advertising, media planning and buying, public affairs, healthcare communications, brand strategy, digital product development and market research.