Stagwell (NASDAQ:STGW) Price Target Raised to $10.00

Stagwell (NASDAQ:STGW) had its price objective boosted by Rosenblatt Securities from $9.00 to $10.00 in a report published on Tuesday morning,Benzinga reports. The firm currently has a buy rating on the stock.

Other equities research analysts have also recently issued research reports about the company. Needham & Company LLC lifted their price target on Stagwell from $8.00 to $10.00 and gave the company a “buy” rating in a report on Thursday, July 30th. B. Riley Financial increased their price objective on Stagwell from $8.00 to $10.00 and gave the stock a “buy” rating in a report on Friday, July 31st. Weiss Ratings restated a “sell (d+)” rating on shares of Stagwell in a research report on Friday, July 31st. Wall Street Zen raised Stagwell from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 1st. Finally, Wells Fargo & Company boosted their price target on Stagwell from $8.00 to $10.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Five equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $9.60.

Stagwell Stock Up 3.1%

STGW stock opened at $9.12 on Tuesday. The company has a quick ratio of 0.83, a current ratio of 0.81 and a debt-to-equity ratio of 2.11. Stagwell has a fifty-two week low of $4.28 and a fifty-two week high of $9.19. The firm’s 50-day simple moving average is $7.36 and its 200 day simple moving average is $6.50. The stock has a market cap of $2.26 billion, a PE ratio of 152.00 and a beta of 1.25.

Stagwell (NASDAQ:STGW) last issued 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. Stagwell had a net margin of 0.53% and a return on equity of 27.30%. The firm had revenue of $786.31 million for the quarter, compared to the consensus estimate of $754.56 million. During the same period last year, the firm posted $0.17 EPS. Stagwell’s quarterly revenue was up 11.2% compared to the same quarter last year. Stagwell has set its FY 2026 guidance at 1.030-1.170 EPS. As a group, sell-side analysts predict that Stagwell will post 0.86 EPS for the current year.

Insider Activity

In other Stagwell news, CEO Mark Jeffery Penn purchased 20,000 shares of the business’s stock in a transaction on Wednesday, May 13th. The stock was bought at an average cost of $5.88 per share, with a total value of $117,600.00. Following the acquisition, the chief executive officer owned 23,034,990 shares of the company’s stock, valued at $135,445,741.20. The trade was a 0.09% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Frank P. 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 completion of the sale, the insider directly owned 491,977 shares of the company’s stock, valued at $4,162,125.42. The trade was a 11.19% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 11.20% of the stock is currently owned by insiders.

Institutional Trading of Stagwell

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. lifted its holdings in shares of Stagwell by 54.1% during the fourth quarter. JPMorgan Chase & Co. now owns 2,676,532 shares of the company’s stock valued at $13,088,000 after purchasing an additional 939,888 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in Stagwell by 22.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 5,035,320 shares of the company’s stock worth $31,671,000 after purchasing an additional 923,771 shares in the last quarter. Hotchkis & Wiley Capital Management LLC increased its stake in Stagwell by 4.6% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 21,034,577 shares of the company’s stock worth $118,425,000 after purchasing an additional 920,431 shares in the last quarter. AQR Capital Management LLC raised its holdings in Stagwell by 255.4% during the 4th quarter. AQR Capital Management LLC now owns 946,033 shares of the company’s stock worth $4,626,000 after buying an additional 679,874 shares during the period. Finally, Bank of New York Mellon Corp acquired a new stake in Stagwell during the 2nd quarter worth about $3,907,000. 35.61% of the stock is owned by institutional investors and hedge funds.

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.