Stagwell (NASDAQ:STGW) Stock Rating Lowered by Wall Street Zen

Stagwell (NASDAQ:STGW) was downgraded by investment analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research report issued to clients and investors on Saturday, Wall Street Zen reports.

A number of other brokerages also recently commented on STGW. B. Riley Financial boosted their price objective on Stagwell from $8.00 to $10.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Wells Fargo & Company raised their target price on shares of Stagwell from $8.00 to $10.00 and gave the company an “overweight” rating in a report on Friday, July 31st. Rosenblatt Securities lifted their price target on shares of Stagwell from $9.00 to $10.00 and gave the stock a “buy” rating in a research note on Tuesday, August 4th. Weiss Ratings upgraded shares of Stagwell from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, August 13th. Finally, Zacks Research raised shares of Stagwell from a “strong sell” rating to a “hold” rating in a research report on Friday, June 5th. Five investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Stagwell has an average rating of “Moderate Buy” and an average price target of $9.60.

Stagwell Price Performance

Stagwell stock opened at $8.60 on Friday. The firm has a market capitalization of $2.10 billion, a P/E ratio of 143.33 and a beta of 1.22. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 2.11. Stagwell has a twelve month low of $4.28 and a twelve month high of $9.55. The stock’s fifty day simple moving average is $8.38 and its 200-day simple moving average is $7.09.

Stagwell (NASDAQ:STGW) last released its earnings results on Thursday, July 30th. The company reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.06. Stagwell had a return on equity of 27.30% and a net margin of 0.53%.The firm had revenue of $786.31 million during the quarter, compared to analyst estimates of $754.56 million. During the same period last year, the business posted $0.17 earnings per share. Stagwell’s 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, equities analysts expect that Stagwell will post 0.92 earnings per share for the current fiscal year.

Insider Activity at Stagwell

In other news, insider Frank Lanuto sold 62,000 shares of the business’s stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $8.46, for a total value of $524,520.00. Following the completion of the sale, the insider directly owned 491,977 shares of the company’s stock, valued at approximately $4,162,125.42. The trade was a 11.19% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 11.20% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. AQR Capital Management LLC acquired a new position in Stagwell during the first quarter worth approximately $74,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Stagwell by 6.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 52,193 shares of the company’s stock valued at $316,000 after acquiring an additional 3,249 shares during the period. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Stagwell in the first quarter valued at approximately $137,000. Jane Street Group LLC grew its position in shares of Stagwell by 36.0% during the first quarter. Jane Street Group LLC now owns 123,000 shares of the company’s stock worth $744,000 after acquiring an additional 32,546 shares during the last quarter. Finally, Legal & General Group Plc increased its holdings in shares of Stagwell by 5.2% in the 2nd quarter. Legal & General Group Plc now owns 101,049 shares of the company’s stock valued at $455,000 after acquiring an additional 5,017 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 global marketing and communications network that provides advertising, public relations, media, digital transformation, consumer research and strategic consulting services. Through its network of agencies, the company helps brands develop marketing strategies, create content, engage audiences and use technology and data to support business growth.

Stagwell’s businesses serve clients across industries and include capabilities such as creative advertising, media planning and buying, public affairs, healthcare communications, brand strategy, digital product development and market research.