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The price of Stagwell Inc (NASDAQ: STGW) closed at $7.88 in the last session, down -0.76% from day before closing price of $7.94. In other words, the price has decreased by -$0.76 from its previous closing price. On the day, 0.57 million shares were traded. STGW stock price reached its highest trading level at $7.96 during the session, while it also had its lowest trading level at $7.85.
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 14.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.31. For the most recent quarter (mrq), Quick Ratio is recorded 0.95 and its Current Ratio is at 0.95. In the meantime, Its Debt-to-Equity ratio is 6.20 whereas as Long-Term Debt/Eq ratio is at 5.99.
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:
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 Jun 13 ’24 when Gross Bradley J. 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.
GOLDMAN SACHS GROUP INC sold 4,000,000 shares of STGW for $25,360,000 on Jun 13 ’24. The 10% Owner 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 2089791744 and an Enterprise Value of 2985888768. As of this moment, Stagwell’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3030.77, and their Forward P/E ratio for the next fiscal year is 9.30. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 137.76. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.77 while its Price-to-Book (P/B) ratio in mrq is 3.04. Its current Enterprise Value per Revenue stands at 1.103 whereas that against EBITDA is 11.021.
Stock Price History:
Over the past 52 weeks, STGW has reached a high of $8.18, while it has fallen to a 52-week low of $4.88. The 50-Day Moving Average of the stock is 10.13%, while the 200-Day Moving Average is calculated to be 18.26%.
Shares Statistics:
According to the various share statistics, STGW traded on average about 503.31K shares per day over the past 3-months and 444040 shares per day over the past 10 days. A total of 110.46M shares are outstanding, with a floating share count of 106.59M. Insiders hold about 4.45% of the company’s shares, while institutions hold 88.98% stake in the company. Shares short for STGW as of 1731628800 were 3974779 with a Short Ratio of 7.90, compared to 1728950400 on 4224869. Therefore, it implies a Short% of Shares Outstanding of 3974779 and a Short% of Float of 6.34.
