Key Points
- Stagwell CEO Mark Jeffery Penn bought 20,000 shares on May 13 at an average price of $5.88, spending $117,600. After the purchase, he owned about 23.0 million shares valued at roughly $135.4 million.
- The company recently reported mixed quarterly results, with EPS of $0.17 missing estimates by a penny, while revenue of $704.1 million slightly beat expectations and rose 8% year over year.
- Wall Street sentiment is divided, with analysts issuing a mix of buy, hold, and sell ratings; the consensus rating is Hold with an average price target of $7.65.
Stagwell Inc. (NASDAQ:STGW - Get Free Report) CEO Mark Jeffery Penn bought 20,000 shares of the stock in a transaction dated Wednesday, May 13th. The shares were acquired at an average price of $5.88 per share, with a total value of $117,600.00. Following the completion of the acquisition, the chief executive officer directly owned 23,034,990 shares of the company's stock, valued at approximately $135,445,741.20. The trade was a 0.09% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Stagwell Price Performance
STGW stock opened at $5.97 on Thursday. The firm has a 50 day moving average price of $6.30 and a 200-day moving average price of $5.65. Stagwell Inc. has a 52-week low of $4.03 and a 52-week high of $7.52. The firm has a market capitalization of $1.48 billion, a price-to-earnings ratio of 85.29 and a beta of 1.27. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.83 and a current ratio of 0.83.
Stagwell (NASDAQ:STGW - Get Free Report) last released its earnings results on Thursday, April 30th. The company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.01). Stagwell had a net margin of 0.64% and a return on equity of 24.12%. The business had revenue of $704.14 million for the quarter, compared to analysts' expectations of $700.48 million. During the same quarter in the previous year, the business posted $0.12 earnings per share. Stagwell's revenue for the quarter was up 8.0% on a year-over-year basis. Stagwell has set its FY 2026 guidance at 0.980-1.120 EPS. Equities research analysts forecast that Stagwell Inc. will post 0.86 EPS for the current fiscal year.
Hedge Funds Weigh In On Stagwell
A number of hedge funds have recently added to or reduced their stakes in STGW. Kestra Advisory Services LLC purchased a new position in Stagwell in the 4th quarter worth approximately $26,000. Clearstead Advisors LLC raised its holdings in Stagwell by 186.2% in the 4th quarter. Clearstead Advisors LLC now owns 7,020 shares of the company's stock worth $34,000 after acquiring an additional 4,567 shares during the last quarter. State of Alaska Department of Revenue purchased a new position in Stagwell in the 3rd quarter worth approximately $47,000. Tower Research Capital LLC TRC raised its holdings in Stagwell by 311.8% in the 2nd quarter. Tower Research Capital LLC TRC now owns 10,790 shares of the company's stock worth $49,000 after acquiring an additional 8,170 shares during the last quarter. Finally, Inceptionr LLC purchased a new position in Stagwell in the 4th quarter worth approximately $50,000. 35.61% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several research firms have recently issued reports on STGW. Wall Street Zen lowered shares of Stagwell from a "strong-buy" rating to a "buy" rating in a report on Saturday, May 2nd. B. Riley Financial lowered their target price on shares of Stagwell from $9.00 to $7.00 and set a "buy" rating for the company in a report on Friday, March 6th. Zacks Research lowered shares of Stagwell from a "hold" rating to a "strong sell" rating in a report on Thursday, May 7th. Rosenblatt Securities reiterated a "buy" rating and set a $9.00 target price on shares of Stagwell in a report on Tuesday, May 5th. Finally, Craig Hallum set a $8.00 target price on shares of Stagwell and gave the company a "buy" rating in a report on Wednesday, March 11th. Four investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Stagwell currently has an average rating of "Hold" and a consensus price target of $7.65.
Check Out Our Latest Stock Analysis on Stagwell
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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