Shares of Stagwell Inc. (NASDAQ:STGW – Get Free Report) have received an average rating of “Hold” from the seven analysts that are covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, one has given a hold recommendation and four have given a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $7.65.
Several equities research analysts have recently weighed in on STGW shares. Zacks Research lowered Stagwell from a “hold” rating to a “strong sell” rating in a research report on Thursday, May 7th. B. Riley Financial cut their target price on Stagwell from $9.00 to $7.00 and set a “buy” rating on the stock in a research report on Friday, March 6th. Craig Hallum set a $8.00 target price on Stagwell and gave the stock a “buy” rating in a research report on Wednesday, March 11th. Rosenblatt Securities reissued a “buy” rating and set a $9.00 target price on shares of Stagwell in a research report on Tuesday, May 5th. Finally, Wall Street Zen downgraded Stagwell from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 2nd.
Read Our Latest Report on STGW
Stagwell Stock Up 1.5%
Stagwell (NASDAQ:STGW – Get Free Report) last released its earnings results on Thursday, April 30th. The company reported $0.17 earnings per share for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.01). Stagwell had a return on equity of 24.12% and a net margin of 0.64%.The firm had revenue of $704.14 million for the quarter, compared to analysts’ expectations of $700.48 million. During the same quarter in the previous year, the company posted $0.12 earnings per share. The firm’s quarterly revenue was up 8.0% on a year-over-year basis. Stagwell has set its FY 2026 guidance at 0.980-1.120 EPS. On average, equities research analysts anticipate that Stagwell will post 0.86 EPS for the current fiscal year.
Insider Activity
In other news, CEO Mark Jeffery Penn bought 20,000 shares of Stagwell stock in a transaction dated Wednesday, May 13th. The stock was acquired at an average cost of $5.88 per share, with a total value of $117,600.00. Following the acquisition, the chief executive officer owned 23,034,990 shares of the company’s stock, valued at approximately $135,445,741.20. This trade represents a 0.09% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Bradley J. Gross sold 2,163,790 shares of the business’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $6.04, for a total value of $13,069,291.60. Following the completion of the sale, the director directly owned 8,789 shares of the company’s stock, valued at $53,085.56. The trade was a 99.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 11.20% of the stock is currently owned by insiders.
Institutional Investors Weigh In On Stagwell
Hedge funds have recently made changes to their positions in the business. JPMorgan Chase & Co. boosted its stake in shares of Stagwell by 59.0% during the third quarter. JPMorgan Chase & Co. now owns 1,736,644 shares of the company’s stock worth $9,777,000 after buying an additional 644,654 shares during the period. My Personal CFO LLC acquired a new stake in shares of Stagwell during the fourth quarter worth about $2,889,000. AdvisorShares Investments LLC acquired a new stake in shares of Stagwell during the fourth quarter worth about $478,000. Picton Mahoney Asset Management purchased a new stake in shares of Stagwell in the third quarter valued at about $946,000. Finally, Clearstead Advisors LLC boosted its holdings in shares of Stagwell by 186.2% in the fourth quarter. Clearstead Advisors LLC now owns 7,020 shares of the company’s stock valued at $34,000 after acquiring an additional 4,567 shares in the last quarter. Institutional investors and hedge funds 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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