Stagwell (NASDAQ:STGW) Issues FY25 Earnings Guidance

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

Wall Street Analyst Weigh In

A number of analysts have issued reports on the stock. Wells Fargo & Company upgraded shares of Stagwell from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $8.00 to $9.00 in a research note on Friday, February 21st. Rosenblatt Securities upped their price objective on shares of Stagwell from $9.00 to $10.00 and gave the stock a “buy” rating in a report on Friday, February 28th. 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.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $8.75.

Stagwell Trading Up 0.5 %

Shares of STGW stock opened at $6.02 on Thursday. 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 company has a market capitalization of $1.61 billion, a P/E ratio of 301.00 and a beta of 1.56. Stagwell has a 12-month low of $5.29 and a 12-month high of $8.18. The firm has a 50-day moving average price of $6.27 and a 200 day moving average price of $6.75.

Stagwell Company Profile

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.