Stagwell Inc. (NASDAQ:STGW) Receives $8.15 Consensus Target Price from Brokerages

Shares of Stagwell Inc. (NASDAQ:STGW) have received a consensus rating of “Moderate Buy” from the eight ratings firms that are currently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation, three have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $8.15.

A number of brokerages have recently issued reports on STGW. Wall Street Zen downgraded shares of Stagwell from a “buy” rating to a “hold” rating in a report on Friday, August 22nd. Zacks Research upgraded shares of Stagwell from a “strong sell” rating to a “hold” rating in a report on Monday, September 1st. Rosenblatt Securities reaffirmed a “buy” rating and issued a $9.00 target price on shares of Stagwell in a research report on Monday, December 1st. Seaport Res Ptn raised Stagwell to a “strong-buy” rating in a report on Friday, November 14th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Stagwell in a research note on Monday, December 1st.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. State of Alaska Department of Revenue purchased a new stake in shares of Stagwell in the 3rd quarter worth $47,000. Parkside Financial Bank & Trust grew its holdings in Stagwell by 43.0% during the second quarter. Parkside Financial Bank & Trust now owns 9,981 shares of the company’s stock valued at $45,000 after purchasing an additional 3,003 shares during the period. Vident Advisory LLC purchased a new stake in Stagwell in the first quarter worth about $64,000. Tower Research Capital LLC TRC raised its stake in shares of Stagwell by 311.8% in the second quarter. Tower Research Capital LLC TRC now owns 10,790 shares of the company’s stock worth $49,000 after buying an additional 8,170 shares during the period. Finally, Ameritas Investment Partners Inc. lifted 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 buying an additional 4,013 shares in the last quarter. 35.61% of the stock is currently owned by institutional investors.

Stagwell Stock Performance

Shares of STGW opened at $5.74 on Friday. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 1.98. The stock has a market cap of $1.45 billion, a P/E ratio of 95.67 and a beta of 1.65. The business’s 50 day moving average price is $5.18 and its 200-day moving average price is $5.10. Stagwell has a 52 week low of $4.03 and a 52 week high of $7.93.

Stagwell (NASDAQ:STGW) last issued its quarterly earnings results on Thursday, November 6th. The company reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.01. Stagwell had a return on equity of 15.31% and a net margin of 0.68%.The firm had revenue of $743.00 million during the quarter, compared to the consensus estimate of $743.11 million. During the same period last year, the company earned $0.22 earnings per share. The company’s revenue was up 4.5% on a year-over-year basis. Stagwell has set its FY 2025 guidance at 0.750-0.880 EPS. Equities research analysts anticipate that Stagwell will post 0.59 earnings per share for the current fiscal year.

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.