Stagwell (NASDAQ:STGW – Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 0.750-0.880 for the period, compared to the consensus EPS estimate of 0.730. The company issued revenue guidance of $3.1 billion-$3.1 billion, compared to the consensus revenue estimate of $2.9 billion.
Wall Street Analysts Forecast Growth
Several brokerages recently issued reports on STGW. Rosenblatt Securities decreased their price objective on Stagwell from $10.00 to $9.00 and set a “buy” rating for the company in a research report on Wednesday, October 29th. Wall Street Zen lowered shares of Stagwell from a “buy” rating to a “hold” rating in a report on Friday, August 22nd. Weiss Ratings reiterated a “sell (e+)” rating on shares of Stagwell in a report on Wednesday, October 8th. Zacks Research upgraded Stagwell from a “strong sell” rating to a “hold” rating in a report on Monday, September 1st. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $6.36 price objective on shares of Stagwell in a research report on Tuesday, July 22nd. Three equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $7.97.
Get Our Latest Stock Report on STGW
Stagwell Stock Up 1.9%
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in STGW. Tower Research Capital LLC TRC lifted its holdings in Stagwell by 311.8% during the 2nd quarter. Tower Research Capital LLC TRC now owns 10,790 shares of the company’s stock valued at $49,000 after purchasing an additional 8,170 shares during the last quarter. AQR Capital Management LLC bought a new stake in Stagwell during the first quarter worth about $74,000. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Stagwell in the 1st quarter valued at $137,000. The Manufacturers Life Insurance Company grew its holdings in shares of Stagwell by 36.7% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 42,860 shares of the company’s stock valued at $193,000 after purchasing an additional 11,504 shares during the last quarter. Finally, Franklin Resources Inc. boosted its position in Stagwell by 20.1% during the 2nd quarter. Franklin Resources Inc. now owns 47,602 shares of the company’s stock worth $214,000 after buying an additional 7,981 shares during the period. 35.61% of the stock is currently owned by institutional investors.
Stagwell Company Profile
Stagwell Inc provides digital transformation, performance media and data, consumer insights and strategy, and creativity and communications services. The company operates through three segments: Integrated Agencies Network, Brand Performance Network, and Communications Network. It designs and builds digital platforms and experiences that support the delivery of content, commerce, service, and sales; creates websites, mobile applications, back-end systems, content and data management systems, and other digital environments; designs and implements technology and data strategies; and develops software and related technology products, including artificial intelligence (AI)-enabled communications, research, and media technology, cookie-less data platforms for advance targeting and activation, software tools for e-commerce applications, specialty media solutions in the augmented reality space, and text messaging applications for consumer engagement.
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