Stagwell (NASDAQ:STGW) Upgraded at The Goldman Sachs Group

The Goldman Sachs Group upgraded shares of Stagwell (NASDAQ:STGW) to a strong-buy rating in a research note published on Monday,Zacks reports.

Other equities research analysts have also issued reports about the stock. Rosenblatt Securities boosted their target price on shares of Stagwell from $9.00 to $10.00 and gave the stock a “buy” rating in a report on Tuesday, August 4th. Needham & Company LLC raised their price target on shares of Stagwell from $8.00 to $10.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. Weiss Ratings upgraded shares of Stagwell from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, August 13th. Wall Street Zen cut shares of Stagwell from a “strong-buy” rating to a “buy” rating in a research note on Sunday. Finally, B. Riley Financial increased their price objective on Stagwell from $8.00 to $10.00 and gave the company a “buy” rating in a report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, Stagwell currently has an average rating of “Moderate Buy” and a consensus target price of $10.17.

Stagwell Stock Up 1.8%

Shares of NASDAQ:STGW opened at $8.65 on Monday. Stagwell has a 52-week low of $4.28 and a 52-week high of $9.55. The company has a market capitalization of $2.11 billion, a PE ratio of 144.17 and a beta of 1.30. The company has a debt-to-equity ratio of 2.11, a quick ratio of 0.81 and a current ratio of 0.81. The company has a fifty day moving average of $8.67 and a 200-day moving average of $7.46.

Stagwell (NASDAQ:STGW) last released its quarterly earnings data on Thursday, July 30th. The company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.06. The company had revenue of $786.31 million for the quarter, compared to the consensus estimate of $754.56 million. Stagwell had a return on equity of 27.30% and a net margin of 0.53%.Stagwell’s revenue for the quarter was up 11.2% on a year-over-year basis. During the same quarter last year, the business posted $0.17 EPS. Stagwell has set its FY 2026 guidance at 1.030-1.170 EPS. On average, equities analysts predict that Stagwell will post 0.92 EPS for the current fiscal year.

Insider Transactions at Stagwell

In other news, insider Frank Lanuto sold 62,000 shares of the business’s stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $8.46, for a total value of $524,520.00. Following the transaction, the insider owned 491,977 shares in the company, valued at approximately $4,162,125.42. The trade was a 11.19% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 11.20% of the company’s stock.

Institutional Investors Weigh In On Stagwell

Several large investors have recently modified their holdings of STGW. Pictet Asset Management Holding SA grew its holdings in Stagwell by 34.7% during the first quarter. Pictet Asset Management Holding SA now owns 20,014 shares of the company’s stock worth $126,000 after buying an additional 5,155 shares in the last quarter. Integrated Wealth Concepts LLC bought a new position in Stagwell during the 2nd quarter valued at $52,000. Tidal Investments LLC purchased a new position in Stagwell during the 2nd quarter worth $117,000. Headlands Technologies LLC purchased a new position in Stagwell during the 2nd quarter worth $141,000. Finally, Corient Private Wealth LP bought a new stake in shares of Stagwell in the 2nd quarter worth $238,000. 35.61% of the stock is currently owned by institutional investors and hedge funds.

About Stagwell

Stagwell Inc (NASDAQ: STGW) is a global marketing and communications network that provides services to businesses, government organizations and other institutions. The company combines creative, media, digital transformation, public relations, strategic consulting, consumer insights and data-driven marketing capabilities through a network of specialized agencies.

Its services include brand strategy and development, advertising, media planning and buying, public affairs, corporate communications, public relations, social media, technology consulting, website and product design, customer experience and analytics.