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The price of Stagwell Inc (NASDAQ: STGW) closed at $5.31 in the last session, down -1.85% from day before closing price of $5.41. In other words, the price has decreased by -$1.85 from its previous closing price. On the day, 0.6 million shares were traded. STGW stock price reached its highest trading level at $5.58 during the session, while it also had its lowest trading level at $5.2925.
Ratios:
We take a closer look at STGW’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.18 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.23. For the most recent quarter (mrq), Quick Ratio is recorded 0.75 and its Current Ratio is at 0.75. In the meantime, Its Debt-to-Equity ratio is 4.19 whereas as Long-Term Debt/Eq ratio is at 4.00.
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, Craig Hallum on October 06, 2023, initiated with a Buy rating and assigned the stock a target price of $8.
On August 09, 2023, Stephens Downgraded its rating to Equal-Weight which previously was Overweight and also lowered its target price recommendation from $11 to $8.
Wells Fargo Downgraded its Overweight to Equal Weight on July 24, 2023, whereas the target price for the stock was revised from $9 to $8.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 29 ’24 when Penn Mark Jeffery bought 10,000 shares for $5.28 per share. The transaction valued at 52,759 led to the insider holds 2,490,469 shares of the business.
Penn Mark Jeffery bought 10,000 shares of STGW for $52,000 on Feb 28 ’24. The Chief Executive Officer now owns 2,480,469 shares after completing the transaction at $5.20 per share. On Feb 28 ’24, another insider, Oosterman Wade, who serves as the Director of the company, bought 5,000 shares for $5.04 each. As a result, the insider paid 25,200 and bolstered with 128,204 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 1427009408 and an Enterprise Value of 2473438720. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.25 while its Price-to-Book (P/B) ratio in mrq is 1.76. Its current Enterprise Value per Revenue stands at 0.979 whereas that against EBITDA is 9.588.
Stock Price History:
Over the past 52 weeks, STGW has reached a high of $8.59, while it has fallen to a 52-week low of $3.83. The 50-Day Moving Average of the stock is -11.31%, while the 200-Day Moving Average is calculated to be -7.18%.
Shares Statistics:
According to the various share statistics, STGW traded on average about 532.66K shares per day over the past 3-months and 540990 shares per day over the past 10 days. A total of 118.47M shares are outstanding, with a floating share count of 111.75M. Insiders hold about 4.41% of the company’s shares, while institutions hold 82.33% stake in the company. Shares short for STGW as of 1711584000 were 5176984 with a Short Ratio of 9.72, compared to 1709164800 on 4242958. Therefore, it implies a Short% of Shares Outstanding of 5176984 and a Short% of Float of 9.42.
Earnings Estimates
A detailed examination of Stagwell Inc (STGW) is currently in progress, with Stagwell Inc. analysts providing valuable insights into its market dynamics.The consensus estimate for the next quarter is $8.42, with high estimates of $14.21 and low estimates of $8.19.
Analysts are recommending an EPS of between $Financial Services and $Real Estate for the fiscal current year, implying an average EPS of $Consumer Defensive.
