Stagwell (NASDAQ:STGW) Sets New 52-Week High After Analyst Upgrade

Shares of Stagwell Inc. (NASDAQ:STGWGet Free Report) reached a new 52-week high during mid-day trading on Tuesday after Rosenblatt Securities raised their price target on the stock from $9.00 to $10.00. Rosenblatt Securities currently has a buy rating on the stock. Stagwell traded as high as $8.91 and last traded at $8.70, with a volume of 3741745 shares changing hands. The stock had previously closed at $8.45.

STGW has been the topic of several other reports. Needham & Company LLC raised their target price on Stagwell from $8.00 to $10.00 and gave the company a “buy” rating in a report on Thursday, July 30th. Wells Fargo & Company upped their price target on Stagwell from $8.00 to $10.00 and gave the stock an “overweight” rating in a research note on Friday, July 31st. B. Riley Financial increased their price objective on Stagwell from $8.00 to $10.00 and gave the company a “buy” rating in a report on Friday, July 31st. Weiss Ratings reissued a “sell (d+)” rating on shares of Stagwell in a research note on Friday, July 31st. Finally, Zacks Research upgraded Stagwell from a “strong sell” rating to a “hold” rating in a report on Friday, June 5th. Five analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Stagwell presently has a consensus rating of “Moderate Buy” and a consensus price target of $9.60.

Read Our Latest Research Report on Stagwell

Insider Buying and Selling at Stagwell

In related news, CEO Mark Jeffery Penn acquired 20,000 shares of the company’s stock in a transaction dated Wednesday, May 13th. The shares were bought at an average price of $5.88 per share, for a total transaction of $117,600.00. Following the acquisition, the chief executive officer owned 23,034,990 shares in the company, valued at $135,445,741.20. This trade represents a 0.09% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Frank P. Lanuto sold 62,000 shares of the company’s stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $8.46, for a total transaction of $524,520.00. Following the transaction, the insider directly owned 491,977 shares of the company’s stock, valued at $4,162,125.42. This represents a 11.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 11.20% of the company’s stock.

Institutional Trading of Stagwell

A number of hedge funds have recently modified their holdings of STGW. Kestra Advisory Services LLC bought a new stake in shares of Stagwell during the fourth quarter valued at approximately $26,000. Clearstead Advisors LLC raised its stake in shares of Stagwell by 186.2% in the fourth 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 in the last quarter. Tower Research Capital LLC TRC lifted its position in Stagwell by 311.8% in the second 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. Inceptionr LLC bought a new position in Stagwell in the fourth quarter worth $50,000. Finally, New York State Teachers Retirement System acquired a new stake in Stagwell during the fourth quarter worth $52,000. Institutional investors own 35.61% of the company’s stock.

Stagwell Price Performance

The stock has a market cap of $2.19 billion, a price-to-earnings ratio of 147.50 and a beta of 1.25. The company has a debt-to-equity ratio of 2.11, a current ratio of 0.81 and a quick ratio of 0.83. The stock’s 50 day simple moving average is $7.32 and its two-hundred day simple moving average is $6.48.

Stagwell (NASDAQ:STGWGet Free Report) last announced its quarterly earnings data 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. The company had revenue of $786.31 million during the quarter, compared to analysts’ expectations of $754.56 million. Stagwell had a net margin of 0.53% and a return on equity of 27.30%. The business’s revenue was up 11.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.17 EPS. Stagwell has set its FY 2026 guidance at 1.030-1.170 EPS. On average, analysts forecast that Stagwell Inc. will post 0.86 earnings per share for the current fiscal year.

Stagwell Company Profile

(Get Free Report)

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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