Stagwell Inc. (NASDAQ:STGW) Given Average Recommendation of “Hold” by Brokerages

Shares of Stagwell Inc. (NASDAQ:STGW) have been assigned an average rating of “Hold” from the seven ratings firms that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating on the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $8.15.

Several research analysts recently commented on the company. Needham & Company LLC lifted their price target on Stagwell from $6.36 to $7.25 and gave the stock a “buy” rating in a research report on Friday, November 7th. Seaport Research Partners raised Stagwell to a “strong-buy” rating in a research note on Friday, November 14th. Rosenblatt Securities reiterated a “buy” rating and issued a $9.00 target price on shares of Stagwell in a report on Monday, December 1st. Wall Street Zen raised Stagwell from a “hold” rating to a “buy” rating in a research report on Saturday, January 17th. Finally, Zacks Research lowered Stagwell from a “strong-buy” rating to a “hold” rating in a report on Friday, January 30th.

Hedge Funds Weigh In On Stagwell

Hedge funds have recently added to or reduced their stakes in the company. Kestra Advisory Services LLC purchased a new position in shares of Stagwell during the fourth quarter valued at approximately $26,000. Clearstead Advisors LLC raised its holdings in shares of Stagwell by 186.2% in the fourth quarter. Clearstead Advisors LLC now owns 7,020 shares of the company’s stock worth $34,000 after buying an additional 4,567 shares during the period. Parkside Financial Bank & Trust lifted its stake in shares of Stagwell by 43.0% during the 2nd quarter. Parkside Financial Bank & Trust now owns 9,981 shares of the company’s stock worth $45,000 after acquiring an additional 3,003 shares during the last quarter. State of Alaska Department of Revenue purchased a new position in Stagwell during the 3rd quarter valued at $47,000. Finally, Tower Research Capital LLC TRC boosted its holdings in Stagwell by 311.8% during the 2nd quarter. Tower Research Capital LLC TRC now owns 10,790 shares of the company’s stock valued at $49,000 after acquiring an additional 8,170 shares during the period. 35.61% of the stock is currently owned by institutional investors.

Stagwell Stock Performance

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

About Stagwell

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.