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

Stagwell Inc. (NASDAQ:STGW) has received an average recommendation of “Moderate Buy” from the seven brokerages that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, three have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $8.15.

STGW has been the subject of several research reports. Seaport Research Partners raised shares of Stagwell to a “strong-buy” rating in a report on Friday, November 14th. Weiss Ratings reissued a “sell (d+)” rating on shares of Stagwell in a research note on Monday, December 29th. Wall Street Zen upgraded Stagwell from a “hold” rating to a “buy” rating in a report on Saturday, January 17th. Needham & Company LLC upped their price objective on Stagwell from $6.36 to $7.25 and gave the stock a “buy” rating in a report on Friday, November 7th. Finally, Rosenblatt Securities reissued a “buy” rating and issued a $9.00 target price on shares of Stagwell in a report on Monday, December 1st.

Hedge Funds Weigh In On Stagwell

Institutional investors and hedge funds have recently made changes to their positions in the business. New York State Teachers Retirement System purchased a new stake in shares of Stagwell during the 4th quarter valued at about $52,000. Arizona State Retirement System increased its stake in Stagwell by 17.0% during the fourth quarter. Arizona State Retirement System now owns 32,401 shares of the company’s stock worth $158,000 after acquiring an additional 4,702 shares during the last quarter. CWM LLC raised its position in Stagwell by 804.0% during the fourth quarter. CWM LLC now owns 21,561 shares of the company’s stock valued at $105,000 after purchasing an additional 19,176 shares during the period. State of Alaska Department of Revenue lifted its stake in shares of Stagwell by 294.5% in the 4th quarter. State of Alaska Department of Revenue now owns 33,060 shares of the company’s stock valued at $160,000 after purchasing an additional 24,679 shares during the last quarter. Finally, Harbor Capital Advisors Inc. boosted its holdings in shares of Stagwell by 6.0% in the 4th quarter. Harbor Capital Advisors Inc. now owns 664,479 shares of the company’s stock worth $3,249,000 after purchasing an additional 37,573 shares during the period. 35.61% of the stock is owned by hedge funds and other institutional investors.

Stagwell Trading Down 1.0%

Shares of STGW opened at $6.01 on Friday. The firm has a market cap of $1.52 billion, a P/E ratio of 100.17 and a beta of 1.66. The company has a debt-to-equity ratio of 1.98, a current ratio of 0.89 and a quick ratio of 0.89. Stagwell has a 1 year low of $4.03 and a 1 year high of $7.48. The company has a 50 day simple moving average of $5.57 and a two-hundred day simple moving average of $5.39.

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

About Stagwell

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.