Stagwell (NASDAQ:STGW) Issues FY25 Earnings Guidance

Stagwell (NASDAQ:STGW) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided EPS guidance of $0.75-0.88 for the period, compared to the consensus EPS estimate of $0.84. The company issued revenue guidance of $3.068 billion, compared to the consensus revenue estimate of $2.97 billion.

Analysts Set New Price Targets

A number of analysts have recently commented on STGW shares. Rosenblatt Securities boosted their price target on Stagwell from $9.00 to $10.00 and gave the company a “buy” rating in a report on Friday, February 28th. Wells Fargo & Company raised shares of Stagwell from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $8.00 to $9.00 in a research report on Friday, February 21st. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $8.75.

Stagwell Stock Up 0.5 %

Shares of STGW stock opened at $6.02 on Thursday. Stagwell has a 52-week low of $5.29 and a 52-week high of $8.18. The stock has a market cap of $1.61 billion, a price-to-earnings ratio of 301.00 and a beta of 1.56. The firm’s 50-day moving average is $6.27 and its 200-day moving average is $6.75. The company has a debt-to-equity ratio of 1.97, a quick ratio of 0.95 and a current ratio of 0.95.

About Stagwell

Stagwell Inc provides digital transformation, performance media and data, consumer insights and strategy, and creativity and communications services. The company operates through three segments: Integrated Agencies Network, Brand Performance Network, and Communications Network. It designs and builds digital platforms and experiences that support the delivery of content, commerce, service, and sales; creates websites, mobile applications, back-end systems, content and data management systems, and other digital environments; designs and implements technology and data strategies; and develops software and related technology products, including artificial intelligence (AI)-enabled communications, research, and media technology, cookie-less data platforms for advance targeting and activation, software tools for e-commerce applications, specialty media solutions in the augmented reality space, and text messaging applications for consumer engagement.