Wall Street Zen upgraded shares of Stagwell (NASDAQ:STGW – Free Report) from a buy rating to a strong-buy rating in a research report sent to investors on Saturday morning,Wall Street Zen reports.
Other equities analysts also recently issued research reports about the company. Rosenblatt Securities upped their price objective on Stagwell from $9.00 to $10.00 and gave the company a “buy” rating in a research note on Tuesday, August 4th. B. Riley Financial boosted their target price on Stagwell from $8.00 to $10.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Wells Fargo & Company boosted their target price on Stagwell from $8.00 to $10.00 and gave the company an “overweight” rating in a research note on Friday, July 31st. Zacks Research raised Stagwell from a “strong sell” rating to a “hold” rating in a research report on Friday, June 5th. Finally, Weiss Ratings upgraded Stagwell from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, August 13th. Five analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Stagwell presently has a consensus rating of “Moderate Buy” and a consensus price target of $9.60.
Read Our Latest Stock Report on STGW
Stagwell Stock Down 0.7%
Stagwell (NASDAQ:STGW – Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The company reported $0.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.06. The business had revenue of $786.31 million during the quarter, compared to the consensus estimate of $754.56 million. Stagwell had a net margin of 0.53% and a return on equity of 27.30%. The firm’s quarterly revenue was up 11.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.17 EPS. Stagwell has set its FY 2026 guidance at 1.030-1.170 EPS. Research analysts expect that Stagwell will post 0.92 earnings per share for the current fiscal year.
Insider Buying and Selling
In related news, insider Frank P. Lanuto sold 62,000 shares of Stagwell stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $8.46, for a total value of $524,520.00. Following the completion of the transaction, the insider directly owned 491,977 shares in the company, valued at approximately $4,162,125.42. The trade was a 11.19% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 11.20% of the company’s stock.
Institutional Investors Weigh In On Stagwell
Institutional investors have recently made changes to their positions in the stock. Kestra Advisory Services LLC bought a new position in shares of Stagwell in the fourth quarter worth $26,000. Clearstead Advisors LLC raised its stake in shares of Stagwell by 186.2% during the 4th quarter. Clearstead Advisors LLC now owns 7,020 shares of the company’s stock valued at $34,000 after purchasing an additional 4,567 shares during the period. Inceptionr LLC purchased a new stake in Stagwell during the 4th quarter worth about $50,000. New York State Teachers Retirement System purchased a new stake in Stagwell during the 4th quarter worth about $52,000. Finally, Tower Research Capital LLC TRC boosted its stake in Stagwell by 311.8% in the 2nd quarter. Tower Research Capital LLC TRC now owns 10,790 shares of the company’s stock worth $49,000 after purchasing an additional 8,170 shares during the period. Hedge funds and other institutional investors own 35.61% of the company’s stock.
Stagwell Company Profile
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.
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