STGW stock icon

Stagwell

7.55 USD
-0.12
1.56%
Updated Nov 14, 12:32 PM EST
1 day
-1.56%
5 days
2.72%
1 month
11.19%
3 months
17.05%
6 months
9.26%
Year to date
13.53%
1 year
54.08%
5 years
36.04%
10 years
36.04%
0
Funds holding %
of 6,759 funds
0
Analysts bullish %
of 4 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

508% more call options, than puts

Call options by funds: $1.56M | Put options by funds: $256K

32% more repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 38

5% more capital invested

Capital invested by funds: $611M [Q1] → $642M (+$31M) [Q2]

0.18% less ownership

Funds ownership: 83.98% [Q1] → 83.8% (-0.18%) [Q2]

4% less funds holding

Funds holding: 134 [Q1] → 128 (-6) [Q2]

20% less funds holding in top 10

Funds holding in top 10: 5 [Q1] → 4 (-1) [Q2]

29% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 21

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$7.50
1%
downside
Avg. target
$8.50
13%
upside
High target
$9.50
26%
upside

4 analyst ratings

positive
100%
neutral
0%
negative
0%
Benchmark
Mark Zgutowicz
67% 1-year accuracy
38 / 57 met price target
26%upside
$9.50
Buy
Maintained
8 Nov 2024
Benchmark
Mark Zgutowicz
67% 1-year accuracy
38 / 57 met price target
13%upside
$8.50
Buy
Reiterated
23 Oct 2024
Needham
Laura Martin
70% 1-year accuracy
87 / 124 met price target
1%downside
$7.50
Buy
Reiterated
21 Oct 2024
Benchmark
Mark Zgutowicz
67% 1-year accuracy
38 / 57 met price target
13%upside
$8.50
Buy
Reiterated
14 Aug 2024

Financial journalist opinion

Based on 13 articles about STGW published over the past 30 days

Neutral
PRNewsWire
1 week ago
STAGWELL INC. (NASDAQ: STGW) REPORTS RESULTS FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2024
Q3 YoY Revenue Growth of 15%, With 25% Growth in Digital Transformation Q3 YoY Net Revenue Growth of 8%, Organic Net Revenue Growth of 8%, Digital Transformation Net Revenue Growth of 18% Q3 Net Income Attributable to Stagwell Inc. Common Shareholders of $3 million Q3 Adjusted EBITDA of $111 million; Adjusted EBITDA Margin of 19% Q3 EPS of $0.03; Adjusted EPS of $0.22 Seventh Consecutive Quarter of Record LTM Net New Business Net New Business of $101 million in Q3; LTM Net New Business of $345 million Reaffirm Guidance for 2024 of Organic Net Revenue Growth of 5% to 7%; Adjusted EBITDA of $400 million to $450 million; Free Cash Flow Conversion of ~50% Company Announces $125 Million Increase in Stock Repurchase Program NEW YORK , Nov. 7, 2024  /PRNewswire/ -- (NASDAQ: STGW) – Stagwell Inc. ("Stagwell") today announced financial results for the three and nine months ended September 30, 2024. THIRD QUARTER RESULTS: Q3 Revenue of $711 million, an increase of 15% versus the prior year period; YTD Revenue of $2.1 billion, an increase of 10% versus the prior year period Q3 Net Revenue of $580 million, an increase of 8% versus the prior year period; YTD Net Revenue of $1.7 billion, an increase of 4% versus the prior year period Q3 Organic Net Revenue increased 8% versus the prior year period; YTD Organic Net Revenue increased 4% versus the prior year period Q3 Net Income attributable to Stagwell Inc. Common Shareholders of $3 million versus $1 million in the prior year period; YTD Net Loss attributable to Stagwell Inc. Common Shareholders of $1 million versus $1 million in the prior year period Q3 Adjusted EBITDA of $111 million, an increase of 9% versus the prior year period; YTD Adjusted EBITDA of $288 million, an increase of 8% versus the prior year period Q3 Adjusted EBITDA Margin of 19% on net revenue; YTD Adjusted EBITDA Margin of 17% on net revenue Q3 Earnings Per Share Attributable to Stagwell Inc. Common Shareholders of $0.03 versus $0.00 in the prior year period; YTD Earnings Per Share Attributable to Stagwell Inc. Common Shareholders of $(0.01) versus $(0.01) in the prior year period Q3 Adjusted Earnings Per Share attributable to Stagwell Inc. Common Shareholders of $0.22 versus $0.18 in the prior year period; YTD Adjusted Earnings Per Share attributable to Stagwell Inc. Common Shareholders of $0.52 versus $0.45 in the prior year period Net new business of $101 million in the third quarter, last twelve-month net new business of $345 million   See "Non-GAAP Financial Measures" below for explanations and reconciliations of the Company's non-GAAP financial measures.
STAGWELL INC. (NASDAQ: STGW) REPORTS RESULTS FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2024
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