Stagwell (NASDAQ:STGW) Downgraded by Wall Street Zen to “Buy”

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

A number of other equities research analysts also recently commented on the company. Needham & Company LLC upped their price objective on Stagwell from $8.00 to $10.00 and gave the company a “buy” rating in a report on Thursday, July 30th. Weiss Ratings upgraded Stagwell from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, August 13th. Rosenblatt Securities boosted their target price on Stagwell from $9.00 to $10.00 and gave the stock a “buy” rating in a research report on Tuesday, August 4th. B. Riley Financial upped their price target on Stagwell from $8.00 to $10.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Finally, Wells Fargo & Company increased their price target on shares of Stagwell from $8.00 to $10.00 and gave the company an “overweight” rating in a research report on Friday, July 31st. Five analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Stagwell presently has an average rating of “Moderate Buy” and a consensus target price of $9.60.

Stagwell Price Performance

Shares of STGW stock opened at $8.36 on Friday. Stagwell has a 52-week low of $4.28 and a 52-week high of $9.55. The stock has a market cap of $2.04 billion, a PE ratio of 139.33 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 firm’s 50 day moving average price is $8.63 and its two-hundred day moving average price is $7.41.

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

Insider Buying and Selling at Stagwell

In other news, insider Frank Lanuto sold 62,000 shares of the company’s stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $8.46, for a total transaction of $524,520.00. Following the completion of the transaction, the insider directly owned 491,977 shares of the company’s stock, valued at $4,162,125.42. This represents a 11.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 11.20% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Stagwell

Institutional investors have recently bought and sold shares of the company. Integrated Wealth Concepts LLC bought a new position in shares of Stagwell during the 2nd quarter worth approximately $52,000. Tidal Investments LLC bought a new stake in shares of Stagwell in the second quarter worth $117,000. Headlands Technologies LLC bought a new stake in shares of Stagwell in the second quarter worth $141,000. Pictet Asset Management Holding SA boosted 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 purchasing an additional 5,155 shares during the last quarter. Finally, Corient Private Wealth LP acquired a new position in Stagwell during the second quarter worth $238,000. Institutional investors 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.