Stagwell (NASDAQ:STGW) Downgraded to Hold Rating by Wall Street Zen

Key Points

• Wall Street Zen downgraded Stagwell (NASDAQ:STGW) from a "buy" to a "hold"; the stock's consensus rating is currently Hold with an average price target of $7.96.
• Stagwell opened at $5.24 on Friday, has a market cap of $1.32 billion, a P/E of 87.33, and a 52-week range of $4.03–$7.16, with 50- and 200-day moving averages near $5.35.
• Institutional investors own 35.61% of the company, with firms like Invesco and XTX Topco materially increasing or initiating positions in the fourth quarter.

Stagwell (NASDAQ:STGW - Get Free Report) was downgraded by equities research analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a research report issued to clients and investors on Saturday.

A number of other equities analysts have also recently issued reports on the company. Weiss Ratings restated a "sell (d+)" rating on shares of Stagwell in a report on Monday, December 29th. Rosenblatt Securities reaffirmed a "buy" rating and set a $9.00 target price on shares of Stagwell in a report on Monday, December 1st. B. Riley Financial decreased their price target on Stagwell from $9.00 to $7.00 and set a "buy" rating for the company in a research report on Friday. Zacks Research cut Stagwell from a "strong-buy" rating to a "hold" rating in a research note on Friday, January 30th. Finally, Needham & Company LLC boosted their price objective on Stagwell from $6.36 to $7.25 and gave the stock a "buy" rating in a report on Friday, November 7th. Four research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $7.96.

Stagwell Trading Up 0.2%

Stagwell stock opened at $5.24 on Friday. The firm has a market cap of $1.32 billion, a price-to-earnings ratio of 87.33 and a beta of 1.71. Stagwell has a 1 year low of $4.03 and a 1 year high of $7.16. The firm's 50 day moving average price is $5.37 and its two-hundred day moving average price is $5.33. The company has a debt-to-equity ratio of 1.98, a quick ratio of 0.89 and a current ratio of 0.89.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Invesco Ltd. raised its position in Stagwell by 20.7% during the fourth quarter. Invesco Ltd. now owns 210,992 shares of the company's stock valued at $1,032,000 after buying an additional 36,113 shares during the period. Mercer Global Advisors Inc. ADV acquired a new stake in Stagwell during the 4th quarter worth about $120,000. State of Tennessee Department of Treasury acquired a new stake in Stagwell during the 4th quarter worth about $146,000. XTX Topco Ltd grew its stake in Stagwell by 154.9% during the 4th quarter. XTX Topco Ltd now owns 276,843 shares of the company's stock valued at $1,354,000 after acquiring an additional 168,241 shares in the last quarter. Finally, VARCOV Co. acquired a new position in shares of Stagwell in the 4th quarter valued at about $468,000. Hedge funds and other institutional investors own 35.61% of the company's stock.

Stagwell Company Profile

Stagwell Inc is a modern marketing and communications network that partners with global organizations to drive brand growth through data-driven insights and creative solutions. The company operates a diversified portfolio of specialized agencies and technology platforms, offering services that span digital marketing, advertising, public relations, consumer and market research, social media strategy, and commerce consulting. By integrating research, creative, media, and technology under a unified network, Stagwell aims to deliver end-to-end marketing solutions tailored to the evolving needs of clients in sectors such as technology, healthcare, consumer goods, and financial services.

Founded in 2015 by long-time political strategist and pollster Mark Penn, Stagwell has expanded organically and through strategic acquisitions to build capabilities across the marketing value chain.

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