Stagwell Inc (STGW) Stocks Experience Steady increase to Close at $5.62

Stagwell Inc (NASDAQ: STGW) closed the day trading at $5.62 up 3.12% from the previous closing price of $5.45. In other words, the price has increased by $+0.17 from its previous closing price. On the day, 654090 shares were traded.

Ratios:

For a better understanding of STGW, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.66 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.25. For the most recent quarter (mrq), Quick Ratio is recorded 0.83 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:

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 Feb 29 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. The Chief Executive Officer now owns 2,480,469 shares after completing the transaction at $5.20 per share. On Feb 28, 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 661.82M and an Enterprise Value of 2.04B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.27 while its Price-to-Book (P/B) ratio in mrq is 1.97. Its current Enterprise Value per Revenue stands at 0.81 whereas that against EBITDA is 5.07.

Stock Price History:

Over the past 52 weeks, STGW has reached a high of $9.23, while it has fallen to a 52-week low of $3.83. The 50-Day Moving Average of the stock is 6.49, while the 200-Day Moving Average is calculated to be 5.90.

Shares Statistics:

Over the past 3-months, STGW traded about 548.01K shares per day on average, while over the past 10 days, STGW traded about 739.74k shares per day. A total of 131.72M shares are outstanding, with a floating share count of 115.62M. Insiders hold about 4.15% of the company’s shares, while institutions hold 79.83% stake in the company. Shares short for STGW as of Feb 15, 2024 were 3.72M with a Short Ratio of 6.78, compared to 3.67M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.06% and a Short% of Float of 6.25%.

Earnings Estimates

Current recommendations for the stock of the company come from 6 analysts. On average, analysts expect EPS of $0.14 for the current quarter, with a high estimate of $0.18 and a low estimate of $0.12, while EPS last year was $0.13. The consensus estimate for the next quarter is $0.18, with high estimates of $0.21 and low estimates of $0.13.

Analysts are recommending an EPS of between $0.85 and $0.53 for the fiscal current year, implying an average EPS of $0.75. EPS for the following year is $0.81, with 6 analysts recommending between $0.92 and $0.51.

Revenue Estimates

5 analysts predict $606.7M in revenue for the current quarter. It ranges from a high estimate of $641M to a low estimate of $552M. As of the current estimate, Stagwell Inc’s year-ago sales were $649.12M, an estimated decrease of -6.50% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $631.52M, a decrease of -0.10% over than the figure of -$6.50% in the same quarter last year. There is a high estimate of $665.5M for the next quarter, whereas the lowest estimate is $570.8M.

A total of 7 analysts have provided revenue estimates for STGW’s current fiscal year. The highest revenue estimate was $2.8B, while the lowest revenue estimate was $2.23B, resulting in an average revenue estimate of $2.6B. In the same quarter a year ago, actual revenue was $2.53B, up 2.80% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $2.74B in the next fiscal year. The high estimate is $2.83B and the low estimate is $2.45B. The average revenue growth estimate for next year is up 5.40% from the average revenue estimate for this year.

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