Stagwell Inc (STGW) Stock Price and Analyst Predictions

The stock has a 36-month beta value of 1.10. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for STGW is 111.69M, and at present, short sellers hold a 4.44% of that float. On April 04, 2024, the average trading volume of STGW was 518.36K shares.

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STGW) stock’s latest price update

The stock price of Stagwell Inc (NASDAQ: STGW) has plunged by -3.71 when compared to previous closing price of 5.93, PRNewsWire reported 2024-02-20 that NEW YORK, Feb. 20, 2024 /PRNewswire/ — Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today announced Chairman and CEO Mark Penn will participate in a fireside chat at the upcoming Morgan Stanley Technology, Media & Telecom Conference on March 5, 2024, at 8:45 a.m. PT. Penn will also be available for 1×1 meetings with investors.

STGW’s Market Performance

STGW’s stock has fallen by 0.00% in the past week, with a monthly rise of 1.60% and a quarterly drop of -14.14%. The volatility ratio for the week is 4.82% while the volatility levels for the last 30 days are 4.51% for Stagwell Inc The simple moving average for the last 20 days is -1.29% for STGW stock, with a simple moving average of -1.76% for the last 200 days.

Analysts’ Opinion of STGW

Many brokerage firms have already submitted their reports for STGW stocks, with Craig Hallum repeating the rating for STGW by listing it as a “Buy.” The predicted price for STGW in the upcoming period, according to Craig Hallum is $8 based on the research report published on October 06, 2023 of the previous year 2023.

Stephens, on the other hand, stated in their research note that they expect to see STGW reach a price target of $8, previously predicting the price at $11. The rating they have provided for STGW stocks is “Equal-Weight” according to the report published on August 09th, 2023.

Wells Fargo gave a rating of “Equal Weight” to STGW, setting the target price at $8 in the report published on July 24th of the previous year.

STGW Trading at -7.87% from the 50-Day Moving Average

After a stumble in the market that brought STGW to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -33.53% of loss for the given period.

Volatility was left at 4.51%, however, over the last 30 days, the volatility rate increased by 4.82%, as shares surge +8.97% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -17.01% lower at present.

During the last 5 trading sessions, STGW remain unchanged, which changed the moving average for the period of 200-days by -26.42% in comparison to the 20-day moving average, which settled at $5.81. In addition, Stagwell Inc saw -13.88% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at STGW starting from Penn Mark Jeffery, who purchase 10,000 shares at the price of $5.28 back on Feb 29 ’24. After this action, Penn Mark Jeffery now owns 2,490,469 shares of Stagwell Inc, valued at $52,759 using the latest closing price.

Penn Mark Jeffery, the Chief Executive Officer of Stagwell Inc, purchase 10,000 shares at $5.20 during a trade that took place back on Feb 28 ’24, which means that Penn Mark Jeffery is holding 2,480,469 shares at $52,000 based on the most recent closing price.

Stock Fundamentals for STGW

Current profitability levels for the company are sitting at:

  • 0.04 for the present operating margin
  • 0.34 for the gross margin

The net margin for Stagwell Inc stands at -0.0. The total capital return value is set at 0.04. Equity return is now at value -0.55, with -0.06 for asset returns.

Based on Stagwell Inc (STGW), the company’s capital structure generated 0.77 points at debt to capital in total, while cash flow to debt ratio is standing at 0.07. The debt to equity ratio resting at 3.4. The interest coverage ratio of the stock is 0.99.

Currently, EBITDA for the company is 259.75 million with net debt to EBITDA at 5.67. When we switch over and look at the enterprise to sales, we see a ratio of 0.81. The receivables turnover for the company is 3.03for trailing twelve months and the total asset turnover is 0.67. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.75.

Conclusion

To sum up, Stagwell Inc (STGW) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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