Stagwell (NASDAQ:STGW) Cut to “Buy” at Wall Street Zen

Wall Street Zen downgraded shares of Stagwell (NASDAQ:STGW) from a strong-buy rating to a buy rating in a research note published on Sunday morning,Wall Street Zen reports.

Several other equities research analysts have also recently weighed in on the stock. B. Riley Financial raised their price objective on shares of Stagwell from $8.00 to $10.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Weiss Ratings raised shares of Stagwell from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, August 13th. 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 report on Thursday, July 30th. Rosenblatt Securities raised their price target on shares of Stagwell from $9.00 to $10.00 and gave the company a “buy” rating in a report on Tuesday, August 4th. Finally, Wells Fargo & Company boosted their price objective on shares of Stagwell from $8.00 to $10.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $10.17.

Stagwell Price Performance

Shares of STGW stock opened at $8.50 on Friday. The stock’s fifty day moving average is $8.66 and its 200-day moving average is $7.44. 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 stock has a market capitalization of $2.08 billion, a PE ratio of 141.67 and a beta of 1.30. Stagwell has a 52 week low of $4.28 and a 52 week high of $9.55.

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

Insiders Place Their Bets

In other Stagwell news, insider Frank Lanuto sold 62,000 shares of the company’s stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $8.46, for a total transaction of $524,520.00. Following the transaction, the insider directly owned 491,977 shares in the company, valued at approximately $4,162,125.42. This represents a 11.19% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 11.20% of the company’s stock.

Institutional Investors Weigh In On Stagwell

Several institutional investors have recently modified their holdings of the business. Dimensional Fund Advisors LP lifted its holdings in Stagwell by 22.5% in the first quarter. Dimensional Fund Advisors LP now owns 5,035,320 shares of the company’s stock valued at $31,671,000 after buying an additional 923,771 shares during the period. First Trust Advisors LP raised its position in shares of Stagwell by 53.0% during the 1st quarter. First Trust Advisors LP now owns 673,642 shares of the company’s stock valued at $4,237,000 after acquiring an additional 233,489 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in shares of Stagwell during the 2nd quarter valued at $3,907,000. Empowered Funds LLC bought a new stake in shares of Stagwell during the 1st quarter valued at $2,862,000. Finally, Sei Investments Co. lifted its stake in shares of Stagwell by 104.2% in the 1st quarter. Sei Investments Co. now owns 371,788 shares of the company’s stock valued at $2,339,000 after purchasing an additional 189,751 shares during the period. Institutional investors and hedge funds own 35.61% of the company’s stock.

Stagwell Company Profile

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.