Stagwell (STGW) to Release Quarterly Earnings on Thursday

Stagwell (NASDAQ:STGW - Get Free Report) will likely be announcing its Q1 2025 earnings results before the market opens on Thursday, May 8th. Analysts expect the company to announce earnings of $0.17 per share and revenue of $686.46 million for the quarter.

Stagwell Price Performance

Shares of Stagwell stock traded up $0.14 during midday trading on Tuesday, reaching $5.87. The company had a trading volume of 1,150,869 shares, compared to its average volume of 513,241. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 1.97. The stock has a fifty day simple moving average of $5.74 and a 200 day simple moving average of $6.45. Stagwell has a 1-year low of $4.75 and a 1-year high of $8.18. The company has a market capitalization of $1.57 billion, a price-to-earnings ratio of 293.50 and a beta of 1.51.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Needham & Company LLC reissued a "buy" rating and issued a $9.00 target price on shares of Stagwell in a research note on Thursday, April 3rd. Wells Fargo & Company upgraded Stagwell from an "equal weight" rating to an "overweight" rating and lifted their price objective for the stock from $8.00 to $9.00 in a research report on Friday, February 21st. Rosenblatt Securities restated a "buy" rating and set a $10.00 target price on shares of Stagwell in a research report on Thursday, April 3rd. Finally, Benchmark lowered their price target on shares of Stagwell from $10.00 to $9.50 and set a "buy" rating for the company in a research report on Tuesday. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, Stagwell presently has an average rating of "Moderate Buy" and a consensus target price of $8.80.

About Stagwell

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.