Stagwell (STGW) Projected to Post Quarterly Earnings on Thursday

Stagwell (NASDAQ:STGW) is expected to be issuing its Q1 2025 quarterly earnings data before the market opens on Thursday, May 8th. Analysts expect the company to announce earnings of $0.17 per share and revenue of $686.46 million for the quarter.

Stagwell Price Performance

Shares of STGW opened at $5.87 on Wednesday. The company has a debt-to-equity ratio of 1.97, a current ratio of 0.95 and a quick ratio of 0.95. The company’s fifty day moving average price is $5.74 and its 200-day moving average price is $6.45. Stagwell has a 1-year low of $4.75 and a 1-year high of $8.18. The firm has a market capitalization of $1.57 billion, a PE ratio of 293.50 and a beta of 1.51.

Analysts Set New Price Targets

STGW has been the topic of a number of research reports. Wells Fargo & Company raised Stagwell from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $8.00 to $9.00 in a report on Friday, February 21st. Needham & Company LLC reiterated a “buy” rating and issued a $9.00 target price on shares of Stagwell in a research report on Thursday, April 3rd. Rosenblatt Securities reissued a “buy” rating and set a $10.00 price target on shares of Stagwell in a research report on Thursday, April 3rd. Finally, Benchmark dropped their price objective on shares of Stagwell from $10.00 to $9.50 and set a “buy” rating on the stock in a report on Tuesday. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $8.80.

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.