Stagwell Inc. (NASDAQ:STGW) Receives Average Recommendation of "Hold" from Analysts

Shares of Stagwell Inc. (NASDAQ:STGW - Get Free Report) have earned a consensus rating of "Hold" from the seven brokerages that are currently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $8.1720.

A number of research analysts have commented on STGW shares. Rosenblatt Securities reiterated a "buy" rating and issued a $10.00 price objective on shares of Stagwell in a research report on Monday, July 28th. Morgan Stanley decreased their price objective on Stagwell from $8.00 to $7.00 and set an "equal weight" rating on the stock in a research report on Friday, August 1st. Zacks Research upgraded Stagwell from a "strong sell" rating to a "hold" rating in a research report on Monday, September 1st. Weiss Ratings reiterated a "sell (e+)" rating on shares of Stagwell in a research report on Wednesday, October 8th. Finally, Wall Street Zen lowered Stagwell from a "buy" rating to a "hold" rating in a research report on Friday, August 22nd.

Stagwell Price Performance

Shares of STGW opened at $5.19 on Thursday. The business's 50 day simple moving average is $5.45 and its 200-day simple moving average is $5.18. Stagwell has a one year low of $4.03 and a one year high of $8.18. The company has a debt-to-equity ratio of 1.90, a current ratio of 0.86 and a quick ratio of 0.86. The company has a market capitalization of $1.34 billion, a P/E ratio of 11.04 and a beta of 1.36.

Stagwell (NASDAQ:STGW - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.17 EPS for the quarter, missing analysts' consensus estimates of $0.19 by ($0.02). The firm had revenue of $706.82 million during the quarter, compared to the consensus estimate of $696.03 million. Stagwell had a negative net margin of 0.06% and a positive return on equity of 14.54%. The firm's quarterly revenue was up 5.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.14 earnings per share. Stagwell has set its FY 2025 guidance at 0.750-0.880 EPS. As a group, sell-side analysts predict that Stagwell will post 0.59 EPS for the current fiscal year.

Institutional Trading of Stagwell

Several institutional investors and hedge funds have recently made changes to their positions in STGW. Parkside Financial Bank & Trust raised its position in shares of Stagwell by 43.0% during the 2nd quarter. Parkside Financial Bank & Trust now owns 9,981 shares of the company's stock valued at $45,000 after acquiring an additional 3,003 shares during the last quarter. Tower Research Capital LLC TRC raised its position in shares of Stagwell by 311.8% during the 2nd quarter. Tower Research Capital LLC TRC now owns 10,790 shares of the company's stock valued at $49,000 after acquiring an additional 8,170 shares during the last quarter. Ameritas Investment Partners Inc. raised its position in shares of Stagwell by 51.6% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 11,790 shares of the company's stock valued at $53,000 after acquiring an additional 4,013 shares during the last quarter. Vident Advisory LLC bought a new stake in shares of Stagwell during the 1st quarter valued at $64,000. Finally, Jefferies Financial Group Inc. bought a new stake in shares of Stagwell during the 2nd quarter valued at $69,000. Institutional investors own 35.61% of the company's stock.

Stagwell Company Profile

Stagwell Inc provides digital transformation, performance media and data, consumer insights and strategy, and creativity and communications services. The company operates through three segments: Integrated Agencies Network, Brand Performance Network, and Communications Network. It designs and builds digital platforms and experiences that support the delivery of content, commerce, service, and sales; creates websites, mobile applications, back-end systems, content and data management systems, and other digital environments; designs and implements technology and data strategies; and develops software and related technology products, including artificial intelligence (AI)-enabled communications, research, and media technology, cookie-less data platforms for advance targeting and activation, software tools for e-commerce applications, specialty media solutions in the augmented reality space, and text messaging applications for consumer engagement.

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