Stagwell (NASDAQ:STGW) Upgraded at Wall Street Zen

Key Points

• Wall Street Zen upgraded Stagwell to “strong buy” from “buy.” Other analysts have also raised price targets to $10, and the stock carries a consensus “Moderate Buy” rating with an average target of $9.60.
• Stagwell’s latest quarterly results exceeded expectations, with EPS of $0.25 versus a $0.19 estimate and revenue of $786.31 million, up 11.2% year over year.
• Shares opened at $8.32, while institutional investors own 35.61% of the stock. Insider Frank Lanuto recently sold 62,000 shares at an average price of $8.46.

Stagwell (NASDAQ:STGW - Get Free Report) was upgraded by Wall Street Zen from a "buy" rating to a "strong-buy" rating in a research report issued to clients and investors on Saturday, Wall Street Zen reports.

STGW has been the topic of several other reports. B. Riley Financial raised their price target 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. Weiss Ratings raised shares of Stagwell from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Thursday, August 13th. Rosenblatt Securities increased their price objective on shares of Stagwell from $9.00 to $10.00 and gave the company a "buy" rating in a report on Tuesday, August 4th. Zacks Research raised shares of Stagwell from a "strong sell" rating to a "hold" rating in a research note on Friday, June 5th. Finally, Needham & Company LLC boosted their target price on Stagwell from $8.00 to $10.00 and gave the stock a "buy" rating in a report on Thursday, July 30th. Five analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $9.60.

Stagwell Stock Up 0.1%

Shares of STGW opened at $8.32 on Friday. The stock has a 50 day moving average price of $8.53 and a 200 day moving average price of $7.32. Stagwell has a one year low of $4.28 and a one year high of $9.55. 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 stock has a market capitalization of $2.03 billion, a price-to-earnings ratio of 138.67 and a beta of 1.22.

Stagwell (NASDAQ:STGW - Get Free Report) last announced its quarterly earnings data 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. Stagwell had a return on equity of 27.30% and a net margin of 0.53%.The company had revenue of $786.31 million for the quarter, compared to analyst estimates of $754.56 million. During the same quarter last year, the firm posted $0.17 EPS. The firm's revenue for the quarter was up 11.2% on a year-over-year basis. Stagwell has set its FY 2026 guidance at 1.030-1.170 EPS. Equities research analysts forecast that Stagwell will post 0.92 earnings per share for the current fiscal year.

Insider Activity at Stagwell

In other news, insider Frank Lanuto sold 62,000 shares of Stagwell stock in a transaction 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 transaction, the insider owned 491,977 shares in the company, valued at $4,162,125.42. The trade was a 11.19% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 11.20% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Stagwell

Several hedge funds and other institutional investors have recently bought and sold shares of STGW. Dimensional Fund Advisors LP increased its holdings in shares of Stagwell by 22.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 5,035,320 shares of the company's stock worth $31,671,000 after buying an additional 923,771 shares during the last quarter. First Trust Advisors LP lifted its holdings in Stagwell by 53.0% in the first quarter. First Trust Advisors LP now owns 673,642 shares of the company's stock valued at $4,237,000 after acquiring an additional 233,489 shares during the last quarter. Bank of New York Mellon Corp purchased a new position in Stagwell in the second quarter worth approximately $3,907,000. Empowered Funds LLC purchased a new position in Stagwell in the first quarter worth approximately $2,862,000. Finally, Sei Investments Co. increased its stake in Stagwell by 104.2% during the first quarter. Sei Investments Co. now owns 371,788 shares of the company's stock worth $2,339,000 after acquiring an additional 189,751 shares during the last quarter. 35.61% of the stock is currently owned by institutional investors and hedge funds.

About Stagwell

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.

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