Brokerages Set Stagwell Inc. (NASDAQ:STGW) PT at $7.65

Shares of Stagwell Inc. (NASDAQ:STGW) have been given a consensus rating of “Hold” by the seven brokerages that are presently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and four have issued a buy recommendation on the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $7.65.

STGW has been the topic of several research analyst reports. Rosenblatt Securities reiterated a “buy” rating and issued a $9.00 target price on shares of Stagwell in a research report on Tuesday, May 5th. Zacks Research upgraded shares of Stagwell from a “strong sell” rating to a “hold” rating in a research report on Friday, June 5th. Wall Street Zen lowered shares of Stagwell from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 2nd. Craig Hallum set a $8.00 price target on Stagwell and gave the stock a “buy” rating in a research note on Wednesday, March 11th. Finally, B. Riley Financial lowered their price target on Stagwell from $9.00 to $7.00 and set a “buy” rating on the stock in a research note on Friday, March 6th.

Stagwell Trading Up 3.7%

Shares of NASDAQ:STGW opened at $7.04 on Tuesday. The business’s 50-day moving average is $6.66 and its 200 day moving average is $5.99. Stagwell has a 1 year low of $4.28 and a 1 year high of $7.52. The firm has a market capitalization of $1.74 billion, a P/E ratio of 100.57 and a beta of 1.29. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.83 and a quick ratio of 0.83.

Stagwell (NASDAQ:STGW) last announced its quarterly earnings data 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). The firm had revenue of $704.14 million during the quarter, compared to analyst estimates of $700.48 million. Stagwell had a net margin of 0.64% and a return on equity of 24.12%. The firm’s revenue for the quarter was up 8.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.12 earnings per share. Stagwell has set its FY 2026 guidance at 0.980-1.120 EPS. On average, research analysts predict that Stagwell will post 0.86 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Bradley J. Gross sold 2,163,790 shares of the stock in a transaction on Monday, May 4th. The stock was sold at an average price of $6.04, for a total transaction of $13,069,291.60. Following the completion of the transaction, the director directly owned 8,789 shares in the company, valued at approximately $53,085.56. This represents a 99.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Mark Jeffery Penn acquired 20,000 shares of the stock in a transaction that occurred on Wednesday, May 13th. The shares were bought at an average cost of $5.88 per share, with a total value of $117,600.00. Following the transaction, the chief executive officer directly owned 23,034,990 shares in the company, valued at $135,445,741.20. This trade represents a 0.09% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders own 11.20% of the company’s stock.

Hedge Funds Weigh In On Stagwell

Several hedge funds and other institutional investors have recently added to or reduced their stakes in STGW. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Stagwell by 6.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 52,193 shares of the company’s stock valued at $316,000 after buying an additional 3,249 shares during the period. Clearstead Advisors LLC lifted its position in shares of Stagwell by 186.2% during the 4th quarter. Clearstead Advisors LLC now owns 7,020 shares of the company’s stock worth $34,000 after purchasing an additional 4,567 shares during the last quarter. Arizona State Retirement System lifted its position in shares of Stagwell by 17.0% during the 4th quarter. Arizona State Retirement System now owns 32,401 shares of the company’s stock worth $158,000 after purchasing an additional 4,702 shares during the last quarter. Osaic Holdings Inc. lifted its position in shares of Stagwell by 2.6% during the 4th quarter. Osaic Holdings Inc. now owns 195,288 shares of the company’s stock worth $955,000 after purchasing an additional 4,990 shares during the last quarter. Finally, Virtu Financial LLC lifted its position in shares of Stagwell by 49.8% during the 3rd quarter. Virtu Financial LLC now owns 15,062 shares of the company’s stock worth $85,000 after purchasing an additional 5,008 shares during the last quarter. Hedge funds and other institutional investors own 35.61% of the company’s stock.

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.