Stagwell (NASDAQ:STGW) Issues Quarterly Earnings Results, Beats Expectations By $0.01 EPS

Stagwell (NASDAQ:STGW) posted its quarterly earnings results on Tuesday. The company reported $0.30 EPS for the quarter, topping analysts’ consensus estimates of $0.29 by $0.01, FiscalAI reports. Stagwell had a return on equity of 15.31% and a net margin of 0.68%.The company had revenue of $807.44 million for the quarter, compared to analysts’ expectations of $813.48 million.

Stagwell Price Performance

NASDAQ STGW opened at $5.24 on Tuesday. The company has a debt-to-equity ratio of 1.98, a quick ratio of 0.89 and a current ratio of 0.89. The company has a market capitalization of $1.32 billion, a P/E ratio of 87.33 and a beta of 1.71. Stagwell has a one year low of $4.03 and a one year high of $7.16. The stock has a 50 day moving average price of $5.37 and a 200-day moving average price of $5.32.

Institutional Investors Weigh In On Stagwell

A number of hedge funds have recently bought and sold shares of STGW. JPMorgan Chase & Co. lifted its holdings in shares of Stagwell by 54.1% in the 4th quarter. JPMorgan Chase & Co. now owns 2,676,532 shares of the company’s stock valued at $13,088,000 after acquiring an additional 939,888 shares during the last quarter. Hotchkis & Wiley Capital Management LLC increased its stake in Stagwell by 4.6% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 21,034,577 shares of the company’s stock worth $118,425,000 after acquiring an additional 920,431 shares during the last quarter. Dimensional Fund Advisors LP raised its position in Stagwell by 26.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 4,111,549 shares of the company’s stock valued at $20,107,000 after purchasing an additional 869,562 shares during the period. AQR Capital Management LLC raised its position in Stagwell by 255.4% during the fourth quarter. AQR Capital Management LLC now owns 946,033 shares of the company’s stock valued at $4,626,000 after purchasing an additional 679,874 shares during the period. Finally, Two Sigma Investments LP bought a new stake in shares of Stagwell in the 3rd quarter valued at approximately $2,431,000. Hedge funds and other institutional investors own 35.61% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Zacks Research cut shares of Stagwell from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 30th. B. Riley Financial dropped their target price on shares of Stagwell from $9.00 to $7.00 and set a “buy” rating for the company in a research report on Friday. Seaport Research Partners raised shares of Stagwell to a “strong-buy” rating in a research note on Friday, November 14th. Rosenblatt Securities reiterated a “buy” rating and issued a $9.00 price target on shares of Stagwell in a report on Monday, December 1st. Finally, Wall Street Zen cut shares of Stagwell from a “buy” rating to a “hold” rating in a research note on Saturday. Four equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Stagwell has a consensus rating of “Hold” and an average target price of $7.96.

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.