Stagwell Inc. (NASDAQ:STGW) Given Consensus Recommendation of “Hold” by Analysts

Stagwell Inc. (NASDAQ:STGWGet Free Report) has earned an average rating of “Hold” from the seven research firms that are covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $8.15.

Several analysts recently issued reports on the company. Seaport Research Partners upgraded Stagwell to a “strong-buy” rating in a research report on Friday, November 14th. Weiss Ratings restated a “sell (d+)” rating on shares of Stagwell in a research note on Monday, December 29th. Rosenblatt Securities reiterated a “buy” rating and set a $9.00 price objective on shares of Stagwell in a research report on Monday, December 1st. Needham & Company LLC boosted their target price on shares of Stagwell from $6.36 to $7.25 and gave the stock a “buy” rating in a report on Friday, November 7th. Finally, Zacks Research lowered shares of Stagwell from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 30th.

Read Our Latest Report on Stagwell

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in STGW. AQR Capital Management LLC purchased a new stake in shares of Stagwell in the first quarter worth about $74,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Stagwell by 6.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 52,193 shares of the company’s stock worth $316,000 after acquiring an additional 3,249 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Stagwell during the 1st quarter worth approximately $137,000. Jane Street Group LLC boosted its position in shares of Stagwell by 36.0% during the 1st quarter. Jane Street Group LLC now owns 123,000 shares of the company’s stock valued at $744,000 after acquiring an additional 32,546 shares during the last quarter. Finally, Concurrent Investment Advisors LLC boosted its position in shares of Stagwell by 21.5% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 43,276 shares of the company’s stock valued at $195,000 after acquiring an additional 7,671 shares during the last quarter. Hedge funds and other institutional investors own 35.61% of the company’s stock.

Stagwell Trading Down 3.9%

Shares of STGW stock opened at $4.74 on Wednesday. The company has a debt-to-equity ratio of 1.98, a quick ratio of 0.89 and a current ratio of 0.89. The stock has a fifty day simple moving average of $5.50 and a two-hundred day simple moving average of $5.39. The firm has a market capitalization of $1.20 billion, a PE ratio of 79.00 and a beta of 1.69. Stagwell has a 52-week low of $4.03 and a 52-week high of $7.48.

About Stagwell

(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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Analyst Recommendations for Stagwell (NASDAQ:STGW)

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