Closing Strong: Stagwell Inc (STGW) Ends at 6.75, Down -3.43 from Last Close

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After finishing at $6.99 in the prior trading day, Stagwell Inc (NASDAQ: STGW) closed at $6.75, down -3.43%. In other words, the price has decreased by -$3.43 from its previous closing price. On the day, 0.68 million shares were traded. STGW stock price reached its highest trading level at $7.125 during the session, while it also had its lowest trading level at $6.745.

Ratios:

Our goal is to gain a better understanding of STGW by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.84 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.11. For the most recent quarter (mrq), Quick Ratio is recorded 0.83 and its Current Ratio is at 0.83. In the meantime, Its Debt-to-Equity ratio is 4.75 whereas as Long-Term Debt/Eq ratio is at 4.56.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Goldman on June 25, 2024, initiated with a Neutral rating and assigned the stock a target price of $6.50.

On October 06, 2023, Craig Hallum started tracking the stock assigning a Buy rating and target price of $8.

Stephens Downgraded its Overweight to Equal-Weight on August 09, 2023, whereas the target price for the stock was revised from $11 to $8.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 13 ’24 when GOLDMAN SACHS GROUP INC sold 4,000,000 shares for $6.34 per share. The transaction valued at 25,360,000 led to the insider holds 12,981,022 shares of the business.

Gross Bradley J. sold 4,000,000 shares of STGW for $25,360,000 on Jun 13 ’24. The Director now owns 12,981,022 shares after completing the transaction at $6.34 per share. On Feb 29 ’24, another insider, Penn Mark Jeffery, who serves as the Chief Executive Officer of the company, bought 10,000 shares for $5.28 each. As a result, the insider paid 52,759 and bolstered with 2,490,469 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, STGW now has a Market Capitalization of 1781979648 and an Enterprise Value of 2739990528. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.30 while its Price-to-Book (P/B) ratio in mrq is 2.30. Its current Enterprise Value per Revenue stands at 1.064 whereas that against EBITDA is 10.218.

Stock Price History:

Over the past 52 weeks, STGW has reached a high of $8.27, while it has fallen to a 52-week low of $3.83. The 50-Day Moving Average of the stock is -1.41%, while the 200-Day Moving Average is calculated to be 13.41%.

Shares Statistics:

The stock has traded on average 539.71K shares per day over the past 3-months and 454957 shares per day over the last 10 days, according to various share statistics. A total of 118.47M shares are outstanding, with a floating share count of 107.38M. Insiders hold about 4.42% of the company’s shares, while institutions hold 82.44% stake in the company. Shares short for STGW as of 1719532800 were 5429558 with a Short Ratio of 10.06, compared to 1717113600 on 5596110. Therefore, it implies a Short% of Shares Outstanding of 5429558 and a Short% of Float of 8.559999999999999.

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