Stagwell Inc. (NASDAQ:STGW) Given Average Recommendation of "Moderate Buy" by Brokerages

Key Points

• Stagwell Inc. (NASDAQ:STGW) receives a consensus rating of “Moderate Buy” from six analysts, with three recommending a hold and three a buy.
• The average 12-month target price for Stagwell shares is $8.17, with notable target prices ranging from $6.36 to $10.00.
• Stagwell reported a loss of $0.02 per share in its latest quarterly earnings, while revenue increased by 5.3% year-over-year, totaling $706.82 million.

Stagwell Inc. (NASDAQ:STGW - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the six brokerages that are covering the company, MarketBeat reports. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $8.1720.

Several research analysts have recently commented on STGW shares. Morgan Stanley decreased their price target on shares of Stagwell from $8.00 to $7.00 and set an "equal weight" rating for the company in a report on Friday, August 1st. Wall Street Zen cut shares of Stagwell from a "buy" rating to a "hold" rating in a research report on Friday, August 22nd. Rosenblatt Securities restated a "buy" rating and set a $10.00 target price on shares of Stagwell in a report on Monday, July 28th. Needham & Company LLC reaffirmed a "buy" rating and set a $6.36 price objective on shares of Stagwell in a research report on Tuesday, July 22nd. Finally, Zacks Research raised shares of Stagwell from a "strong sell" rating to a "hold" rating in a research report on Monday, September 1st.

Stagwell Stock Up 0.5%

Shares of STGW stock traded up $0.03 on Friday, hitting $5.41. The stock had a trading volume of 448,313 shares, compared to its average volume of 1,045,641. The company has a market cap of $1.40 billion, a PE ratio of 10.83 and a beta of 1.47. Stagwell has a one year low of $4.03 and a one year high of $8.18. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 1.90. The business has a 50 day moving average price of $5.42 and a 200 day moving average price of $5.25.

Stagwell (NASDAQ:STGW - Get Free Report) last released its earnings results on Thursday, July 31st. The company reported $0.17 earnings per share for the quarter, missing analysts' consensus estimates of $0.19 by ($0.02). The business had revenue of $706.82 million during the quarter, compared to analysts' expectations of $696.03 million. Stagwell had a positive return on equity of 14.54% and a negative net margin of 0.06%.The company's revenue for the quarter was up 5.3% compared to the same quarter last year. During the same period last year, the business earned $0.14 earnings per share. Stagwell has set its FY 2025 guidance at 0.750-0.880 EPS. Research analysts anticipate that Stagwell will post 0.59 earnings per share for the current fiscal year.

Institutional Trading of Stagwell

Several institutional investors have recently made changes to their positions in STGW. ABLE Financial Group LLC bought a new stake in shares of Stagwell during the 2nd quarter worth approximately $10,001,000. Diversify Wealth Management LLC acquired a new position in Stagwell in the 2nd quarter worth about $7,875,000. Boston Partners lifted its position in shares of Stagwell by 40.9% in the second quarter. Boston Partners now owns 3,273,852 shares of the company's stock valued at $15,515,000 after acquiring an additional 950,913 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Stagwell by 23.6% in the second quarter. Geode Capital Management LLC now owns 2,852,617 shares of the company's stock worth $12,838,000 after acquiring an additional 544,464 shares during the last quarter. Finally, Penn Capital Management Company LLC lifted its stake in Stagwell by 24.8% during the first quarter. Penn Capital Management Company LLC now owns 2,084,525 shares of the company's stock worth $12,646,000 after purchasing an additional 413,597 shares in the last quarter. Hedge funds and other 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.