Stagwell (NASDAQ:STGW) Stock Lifted to "Strong-Buy" by The Goldman Sachs Group

Key Points

• Goldman Sachs upgraded Stagwell to “strong buy,” while the broader analyst consensus remains “Moderate Buy” with an average price target of $10.17.
• Stagwell shares opened at $8.53, up 2%, and remain near their 52-week high of $9.55. The company recently beat quarterly expectations, reporting $0.25 in EPS versus $0.19 forecast and revenue of $786.31 million.
• Insider Frank Lanuto sold 62,000 shares for approximately $524,520, reducing his stake by 11.19%; insiders own 11.20% of Stagwell, while institutional investors hold 35.61%.

Stagwell (NASDAQ:STGW - Get Free Report) was upgraded by research analysts at The Goldman Sachs Group to a "strong-buy" rating in a note issued to investors on Monday, Zacks reports.

A number of other analysts have also commented on STGW. B. Riley Financial boosted their target price on Stagwell from $8.00 to $10.00 and gave the company a "buy" rating in a research report on Friday, July 31st. Weiss Ratings upgraded Stagwell from a "sell (d+)" rating to a "hold (c-)" rating in a report on Thursday, August 13th. Wells Fargo & Company raised 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. Wall Street Zen downgraded Stagwell from a "strong-buy" rating to a "buy" rating in a report on Sunday. Finally, 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. One 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 company's stock. According to MarketBeat, Stagwell has an average rating of "Moderate Buy" and an average target price of $10.17.

Stagwell Trading Up 2.0%

Shares of STGW stock opened at $8.53 on Monday. The company has a market cap of $2.09 billion, a P/E ratio of 142.17 and a beta of 1.30. The stock has a 50 day simple moving average of $8.65 and a two-hundred day simple moving average of $7.43. The company has a debt-to-equity ratio of 2.11, a quick ratio of 0.81 and a current ratio of 0.81. Stagwell has a fifty-two week low of $4.28 and a fifty-two week high of $9.55.

Stagwell (NASDAQ:STGW - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The company reported $0.25 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 return on equity of 27.30% and a net margin of 0.53%.The company's revenue for the quarter was up 11.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.17 EPS. Stagwell has set its FY 2026 guidance at 1.030-1.170 EPS. Research analysts forecast that Stagwell will post 0.92 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider Frank Lanuto sold 62,000 shares of Stagwell stock in a transaction that occurred on 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 transaction, the insider directly owned 491,977 shares in the company, valued at approximately $4,162,125.42. The trade was a 11.19% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 11.20% of the company's stock.

Institutional Investors Weigh In On Stagwell

A number of institutional investors and hedge funds have recently made changes to their positions in STGW. Integrated Wealth Concepts LLC bought a new stake in Stagwell during the second quarter valued at approximately $52,000. Tidal Investments LLC bought a new position in Stagwell during the 2nd quarter worth approximately $117,000. Headlands Technologies LLC purchased a new position in shares of Stagwell in the second quarter worth $141,000. Pictet Asset Management Holding SA boosted its holdings in shares of Stagwell by 34.7% during the first quarter. Pictet Asset Management Holding SA now owns 20,014 shares of the company's stock worth $126,000 after purchasing an additional 5,155 shares during the period. Finally, Corient Private Wealth LP bought a new stake in shares of Stagwell in the 2nd quarter worth 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.

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