Stagwell (NASDAQ:STGW) Price Target Raised to $10.00 at Rosenblatt Securities

Stagwell (NASDAQ:STGWGet Free Report) had its price objective raised by research analysts at Rosenblatt Securities from $9.00 to $10.00 in a note issued to investors on Tuesday,Benzinga reports. The firm currently has a “buy” rating on the stock. Rosenblatt Securities’ target price would indicate a potential upside of 14.94% from the stock’s current price.

Several other research firms have also recently issued reports on STGW. Zacks Research raised shares of Stagwell from a “strong sell” rating to a “hold” rating in a report on Friday, June 5th. Needham & Company LLC increased 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. Wall Street Zen upgraded Stagwell from a “buy” rating to a “strong-buy” rating in a research note on Saturday. B. Riley Financial increased their price objective on Stagwell from $8.00 to $10.00 and gave the stock a “buy” rating in a research report on Friday. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Stagwell in a research report on Friday. Five analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Stagwell has an average rating of “Moderate Buy” and a consensus target price of $9.60.

Read Our Latest Stock Report on Stagwell

Stagwell Trading Up 3.0%

NASDAQ:STGW opened at $8.70 on Tuesday. Stagwell has a 12-month low of $4.28 and a 12-month high of $8.91. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 1.99. The stock’s 50 day simple moving average is $7.23 and its 200-day simple moving average is $6.44. The firm has a market cap of $2.16 billion, a P/E ratio of 145.00 and a beta of 1.25.

Stagwell (NASDAQ:STGWGet Free Report) last posted its quarterly earnings data on Thursday, July 30th. The company reported $0.25 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.06. The firm had revenue of $786.31 million for the quarter, compared to analyst estimates of $754.56 million. Stagwell had a net margin of 0.53% and a return on equity of 26.66%. Stagwell’s quarterly revenue was up 11.2% on a year-over-year basis. During the same period last year, the firm posted $0.17 EPS. Stagwell has set its FY 2026 guidance at 1.030-1.170 EPS. Equities analysts anticipate that Stagwell will post 0.86 EPS for the current year.

Insider Activity

In other Stagwell news, 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 acquired at an average cost of $5.88 per share, for a total transaction of $117,600.00. Following the transaction, the chief executive officer directly owned 23,034,990 shares of the company’s stock, valued at approximately $135,445,741.20. This represents a 0.09% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 11.20% of the stock is owned by company insiders.

Institutional Trading of Stagwell

Institutional investors and hedge funds have recently modified their holdings of the business. Kanen Wealth Management LLC purchased a new position in shares of Stagwell during the 1st quarter worth approximately $497,000. Empowered Funds LLC purchased a new stake in Stagwell in the 1st quarter valued at approximately $2,862,000. Quantinno Capital Management LP lifted its stake in Stagwell by 35.9% in the 1st quarter. Quantinno Capital Management LP now owns 136,019 shares of the company’s stock valued at $856,000 after buying an additional 35,914 shares in the last quarter. Sei Investments Co. grew its holdings in Stagwell by 104.2% during 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 increased its position in Stagwell by 53.0% during the first 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. Hedge funds and other institutional investors own 35.61% of the company’s stock.

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.

Read More

Analyst Recommendations for Stagwell (NASDAQ:STGW)

Receive News & Ratings for Stagwell Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stagwell and related companies with MarketBeat.com's FREE daily email newsletter.