Stagwell (NASDAQ:STGW) Sets New 52-Week High – Here’s What Happened

Stagwell Inc. (NASDAQ:STGW)’s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $7.79 and last traded at $7.7340, with a volume of 43231 shares traded. The stock had previously closed at $7.58.

Analysts Set New Price Targets

A number of brokerages recently weighed in on STGW. Zacks Research upgraded shares of Stagwell from a “strong sell” rating to a “hold” rating in a research report on Friday, June 5th. Needham & Company LLC boosted their price objective on shares of Stagwell from $7.25 to $8.00 and gave the company a “buy” rating in a report on Monday, June 29th. Craig Hallum set a $8.00 target price on shares of Stagwell and gave the company a “buy” rating in a research note on Wednesday, March 11th. Weiss Ratings lowered shares of Stagwell from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, May 4th. Finally, Rosenblatt Securities reissued a “buy” rating and set a $9.00 price target on shares of Stagwell in a research report on Tuesday, May 5th. Four analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $7.80.

Stagwell Price Performance

The company’s fifty day moving average price is $6.70 and its two-hundred day moving average price is $6.06. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 1.99. The company has a market cap of $1.96 billion, a price-to-earnings ratio of 113.21 and a beta of 1.26.

Stagwell (NASDAQ:STGW) last issued its quarterly earnings data on Thursday, April 30th. The company reported $0.17 EPS for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.01). The company had revenue of $704.14 million for the quarter, compared to analyst estimates of $700.48 million. Stagwell had a return on equity of 24.12% and a net margin of 0.64%.The company’s revenue was up 8.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.12 earnings per share. Stagwell has set its FY 2026 guidance at 0.980-1.120 EPS. On average, equities research analysts forecast that Stagwell Inc. will post 0.86 EPS for the current fiscal year.

Insider Activity

In other news, Director Bradley J. Gross sold 2,163,790 shares of the company’s stock in a transaction dated 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 of the company’s stock, valued at $53,085.56. This represents a 99.60% 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. Also, CEO Mark Jeffery Penn acquired 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The shares were purchased at an average price of $5.88 per share, with a total value of $117,600.00. Following the completion of the acquisition, the chief executive officer owned 23,034,990 shares of the company’s stock, valued at $135,445,741.20. This represents a 0.09% increase in their position. The disclosure for this purchase is available in the SEC filing. Company insiders own 11.20% of the company’s stock.

Hedge Funds Weigh In On Stagwell

A number of large investors have recently bought and sold shares of STGW. Kanen Wealth Management LLC acquired a new stake in shares of Stagwell in the first quarter valued at approximately $497,000. Empowered Funds LLC bought a new position in Stagwell in the first quarter valued at $2,862,000. Quantinno Capital Management LP grew its position in Stagwell by 35.9% in the first quarter. Quantinno Capital Management LP now owns 136,019 shares of the company’s stock valued at $856,000 after purchasing an additional 35,914 shares in the last quarter. Sei Investments Co. increased its stake in 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 buying an additional 189,751 shares during the last quarter. Finally, First Trust Advisors LP lifted its position in Stagwell by 53.0% during the 1st quarter. First Trust Advisors LP now owns 673,642 shares of the company’s stock worth $4,237,000 after buying an additional 233,489 shares in the last quarter. Institutional investors and hedge funds 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.