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.

Stagwell Price Performance

NASDAQ:STGW opened at $5.63 on Friday. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 1.97. The firm has a market cap of $1.50 billion, a PE ratio of 281.50 and a beta of 1.56. Stagwell has a 12 month low of $5.29 and a 12 month high of $8.18. The company’s 50-day moving average price is $6.25 and its two-hundred day moving average price is $6.74.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Rosenblatt Securities restated a “buy” rating and set a $10.00 price target on shares of Stagwell in a research report on Thursday. Needham & Company LLC restated a “buy” rating and set a $9.00 target price on shares of Stagwell in a report on Thursday. Benchmark reaffirmed a “buy” rating and issued a $10.00 price target on shares of Stagwell in a report on Thursday. Finally, Wells Fargo & Company upgraded shares of Stagwell from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $8.00 to $9.00 in a research report on Friday, February 21st. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $9.08.

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.