Stagwell Inc. (NASDAQ:STGW) Stock Has Average Price Target of $9.60 According to Analysts

Stagwell Inc. (NASDAQ:STGW) has received a consensus recommendation of “Moderate Buy” from the eight analysts that are currently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $10.17.

A number of research firms have weighed in on STGW. The Goldman Sachs Group initiated coverage on Stagwell in a research note on Monday. They set a “buy” rating and a $13.00 price objective on the stock. Needham & Company LLC raised their target price on Stagwell from $8.00 to $10.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Wells Fargo & Company lifted their price target on Stagwell from $8.00 to $10.00 and gave the stock an “overweight” rating in a report on Friday, July 31st. Wall Street Zen cut shares of Stagwell from a “strong-buy” rating to a “buy” rating in a research report on Sunday. Finally, B. Riley Financial upped their price objective on shares of Stagwell from $8.00 to $10.00 and gave the company a “buy” rating in a report on Friday, July 31st.

Insiders Place Their Bets

In other Stagwell news, insider Frank Lanuto sold 62,000 shares of the business’s stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $8.46, for a total value of $524,520.00. Following the transaction, the insider directly owned 491,977 shares in the company, valued at $4,162,125.42. The trade was a 11.19% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 11.20% of the stock is owned by insiders.

Institutional Trading of Stagwell

Hedge funds and other institutional investors have recently made changes to their positions in the company. Clearstead Advisors LLC raised its position 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 buying an additional 4,567 shares during the period. Integrated Wealth Concepts LLC acquired a new stake in Stagwell during the second quarter worth $52,000. Tidal Investments LLC acquired a new stake in Stagwell during the second quarter worth $117,000. Pictet Asset Management Holding SA raised its position in Stagwell by 34.7% in the first quarter. Pictet Asset Management Holding SA now owns 20,014 shares of the company’s stock valued at $126,000 after purchasing an additional 5,155 shares during the period. Finally, Headlands Technologies LLC purchased a new stake in Stagwell in the second quarter valued at $141,000. Institutional investors and hedge funds own 35.61% of the company’s stock.

Stagwell Stock Performance

NASDAQ:STGW opened at $8.53 on Thursday. The company’s 50-day moving average price is $8.65 and its 200-day moving average price is $7.43. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 2.11. The company has a market cap of $2.09 billion, a P/E ratio of 142.17 and a beta of 1.30. Stagwell has a twelve month low of $4.28 and a twelve month high of $9.55.

Stagwell (NASDAQ:STGW) last issued its earnings results on Thursday, July 30th. The company reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.06. Stagwell had a return on equity of 27.30% and a net margin of 0.53%.The business had revenue of $786.31 million for the quarter, compared to analysts’ expectations of $754.56 million. During the same period in the previous year, the firm posted $0.17 EPS. The business’s revenue for the quarter was up 11.2% compared to the same quarter last year. Stagwell has set its FY 2026 guidance at 1.030-1.170 EPS. On average, sell-side analysts forecast that Stagwell will post 0.92 earnings per share for the current fiscal year.

About Stagwell

Stagwell Inc (NASDAQ: STGW) is a global marketing and communications network that provides services to businesses, government organizations and other institutions. The company combines creative, media, digital transformation, public relations, strategic consulting, consumer insights and data-driven marketing capabilities through a network of specialized agencies.

Its services include brand strategy and development, advertising, media planning and buying, public affairs, corporate communications, public relations, social media, technology consulting, website and product design, customer experience and analytics.