Stagwell (NASDAQ:STGW) Upgraded at Wall Street Zen

Key Points

• Stagwell was upgraded to “strong buy” by Wall Street Zen. Analysts overall rate the stock “Moderate Buy,” with one Strong Buy, five Buy, and two Hold ratings, and an average price target of $10.17.
• Stagwell shares opened at $8.98, near their 52-week high of $9.64, while the company reported quarterly EPS of $0.25 versus the $0.19 consensus and revenue of $786.31 million, up 11.2% year over year.
• Insider Frank Lanuto sold 62,000 shares for approximately $524,520, reducing his stake by 11.19%; insiders own 11.20% of the company, while institutional investors hold 35.61%.

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

Several other analysts also recently commented on the stock. The Goldman Sachs Group initiated coverage on shares of Stagwell in a research report on Monday, October 5th. They set a "buy" rating and a $13.00 price objective on the stock. 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. B. Riley Financial raised their target price on Stagwell from $8.00 to $10.00 and gave the stock a "buy" rating in a report on Friday, July 31st. Needham & Company LLC upped their price target on shares of Stagwell from $8.00 to $10.00 and gave the stock a "buy" rating in a research report on Thursday, July 30th. Finally, Weiss Ratings upgraded Stagwell from a "hold (c-)" rating to a "hold (c)" rating in a research report on Thursday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $10.17.

Stagwell Price Performance

Shares of Stagwell stock opened at $8.98 on Friday. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 2.11. The business has a 50 day moving average of $8.68 and a 200 day moving average of $7.59. The company has a market cap of $2.20 billion, a PE ratio of 11.41 and a beta of 1.30. Stagwell has a 52 week low of $4.28 and a 52 week high of $9.64.

Stagwell (NASDAQ:STGW - Get 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. Stagwell had a net margin of 0.53% and a return on equity of 27.30%. The firm had revenue of $786.31 million during the quarter, compared to analysts' expectations of $754.56 million. During the same period last year, the company posted $0.17 EPS. The company's quarterly revenue was up 11.2% compared to the same quarter last year. Stagwell has set its FY 2026 guidance at 1.030-1.170 EPS. As a group, equities research analysts forecast that Stagwell will post 0.92 earnings per share for the current year.

Insider Activity at Stagwell

In related news, insider Frank Lanuto sold 62,000 shares of the firm's stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $8.46, for a total value of $524,520.00. Following the transaction, the insider owned 491,977 shares of the company's stock, valued at $4,162,125.42. This trade represents a 11.19% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 11.20% of the company's stock.

Hedge Funds Weigh In On Stagwell

A number of hedge funds and other institutional investors have recently made changes to their positions in STGW. Integrated Wealth Concepts LLC purchased a new position in Stagwell during the second quarter valued at approximately $52,000. Tidal Investments LLC purchased a new stake in shares of Stagwell during the second quarter worth about $117,000. Headlands Technologies LLC purchased a new stake in Stagwell during the 2nd quarter worth approximately $141,000. Pictet Asset Management Holding SA increased its position in shares of Stagwell by 34.7% in the 1st quarter. Pictet Asset Management Holding SA now owns 20,014 shares of the company's stock valued at $126,000 after acquiring an additional 5,155 shares during the period. Finally, Corient Private Wealth LP acquired a new position in shares of Stagwell in the second quarter valued at about $238,000. Institutional investors own 35.61% of the company's stock.

Stagwell Company Profile

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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