Stagwell
STGW

$6.71

4.69%

Market Cap: $750M

About: Stagwell Inc is the challenger holding company built to transform marketing. It delivers scaled creative performance for the world's ambitious brands, connecting culture-moving creativity with a technology to harmonize the art and science of marketing. The company's segments include Integrated Agencies Network; Brand Performance Network; Communications Network and other. It generates maximum revenue from the Integrated Agencies Network segment. Geographically, it derives a majority of its revenue from the United States.

Employees: 13,000

Communication Services Advertising Agencies

0

Funds holding %

of 6,686 funds

0

Analysts bullish %

of 6 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

508% more call options, than puts

Call options by funds: $1.56M | Put options by funds: $256K

32% more repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 38

5% more capital invested

Capital invested by funds: $610M [Q1] → $637M (+$27.6M) [Q2]

0.63% less ownership

Funds ownership: 83.8% [Q1] → 83.17% (-0.63%) [Q2]

5% less funds holding

Funds holding: 134 [Q1] → 127 (-7) [Q2]

20% less funds holding in top 10

Funds holding in top 10: 5 [Q1] → 4 (-1) [Q2]

33% less first-time investments, than exits

New positions opened: 14 | Existing positions closed: 21

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Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$6.50

3%

downside

Avg. target

$7.83

17%

upside

High target

$8.50

27%

upside

6 analyst ratings

5 positive

83%

1 neutral

17%

0 negative

0%

Benchmark Mark Zgutowicz 57% 1-year accuracy 34 / 60 met price target	27%upside $8.50	Buy Reiterated	14 Aug 2024
Rosenblatt Barton Crockett 56% 1-year accuracy 31 / 55 met price target	19%upside $8	Buy Maintained	5 Aug 2024
Benchmark Mark Zgutowicz 57% 1-year accuracy 34 / 60 met price target	27%upside $8.50	Buy Maintained	5 Aug 2024
Needham Laura Martin 50% 1-year accuracy 71 / 141 met price target	12%upside $7.50	Buy Reiterated	2 Aug 2024
Goldman Sachs Michael Ng 85% 1-year accuracy 17 / 20 met price target	3%downside $6.50	Neutral Initiated	25 Jun 2024

See Analyst Rankings

Financial journalist opinion

Based on 4 articles about STGW published over the past 30 days

ARound, Minnesota United FC, and Target Unveil First-Ever In-Stadium AR Experience in Major League Soccer

ARound's Stadium-Level Technology Transforms the Fan Experience for Sports Teams, Audiences, and Brands MINNEAPOLIS , Aug. 26, 2024 /PRNewswire/ -- ARound, the leader in large-scale augmented reality (AR) experiences that is part of Stagwell (NASDAQ: STGW), today launched a groundbreaking in-stadium AR experience for Minnesota United FC in partnership with Target. This marks the first integration of stadium AR technology into an MLS pregame celebration, setting a new standard for fan engagement at Allianz Field.

ARound, Minnesota United FC, and Target Unveil First-Ever In-Stadium AR Experience in Major League Soccer

Stagwell (STGW) Announces September Investor Conference Schedule

Management to appear at events hosted by Citi, Benchmark, Goldman Sachs, B. Riley and Deutsche Bank NEW YORK , Aug. 22, 2024 /PRNewswire/ -- Stagwell Inc. (NASDAQ: STGW), the challenger network built to transform marketing, today announced its participation in several investor conferences throughout September 2024.

Stagwell (STGW) Announces September Investor Conference Schedule

Stagwell (STGW) to Host Virtual Fireside Chat at Rosenblatt 4th Annual Technology Summit on AI

NEW YORK , Aug. 16, 2024 /PRNewswire/ -- Stagwell Inc. (NASDAQ: STGW), the challenger network built to transform marketing, will host a virtual fireside chat at the Rosenblatt Securities 4th Annual Technology Summit on August 20, 2024. The session will feature Mark Penn, Chairman and CEO, discussing the impact of AI on marketing innovation, as well as product development within the company's AI-enabled Stagwell Marketing Cloud.

Stagwell (STGW) to Host Virtual Fireside Chat at Rosenblatt 4th Annual Technology Summit on AI

Stagwell Inc. (STGW) Reports Equity Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

NEW YORK , Aug. 9, 2024 /PRNewswire/ -- Stagwell Inc. (the "Company") announced today the grant of equity inducement awards. Effective August 8, 2024, the Company granted a total of 92,719 restricted stock units to six new employees.

Stagwell Inc. (STGW) Reports Equity Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

Stagwell Inc: Organic Growth Expected To Accelerate In 2H24

Organic growth set to accelerate in 2H24 and sustain at a high single-digit level through FY26. Multiple growth drivers in place, including expected improvement in the macro backdrop, net new business wins, and AI-related deals. Expectation for adj. EBITDA margin to expand as organic growth accelerates.

Stagwell Inc: Organic Growth Expected To Accelerate In 2H24

Stagwell (STGW) Furthers MENA Expansion with Agreement to Acquire Consulum, a Leading Pan-MENA Government Advisory Consultancy

NEW YORK and RIYADH, Saudi Arabia , Aug. 6, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today announced it has entered into an agreement to acquire Consulum, a leading pan-MENA government advisory consultancy. The acquisition — Stagwell's second in MENA in 2024 — establishes a robust foothold for Stagwell in the Middle East, enriched by Consulum's tested expertise in strategic communications, public policy, leadership support, and diplomatic outcomes.

Stagwell (STGW) Furthers MENA Expansion with Agreement to Acquire Consulum, a Leading Pan-MENA Government Advisory Consultancy

Stagwell Inc. (STGW) Q2 2024 Earnings Call Transcript

Stagwell Inc. (NASDAQ:STGW ) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Ben Allanson - Investor Relations Mark Penn - Chairman & Chief Executive Officer Frank Lanuto - Chief Financial Officer Conference Call Participants Jason Kreyer - Craig-Hallum Mike Ng - Goldman Cameron McVeigh - Morgan Stanley Mark Zgutowicz - Benchmark Jeff Van Sinderen - B. Riley Ben Allanson Good morning from Stagwell's global headquarters in One World Trade Center, New York, and welcome to Stagwell Inc.'s earnings webcast for the Second Quarter of 2024.

Stagwell Inc. (STGW) Q2 2024 Earnings Call Transcript

Zacks Investment Research

Stagwell (STGW) Q2 Earnings Miss Estimates

Stagwell (STGW) came out with quarterly earnings of $0.14 per share, missing the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.16 per share a year ago.

Stagwell (STGW) Q2 Earnings Miss Estimates

STAGWELL INC. (NASDAQ: STGW) REPORTS RESULTS FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2024

Revenue Growth of 6%, Led by 42% Growth in Advocacy Net Loss Attributable to Stagwell Inc. Common Shareholders of $3 million Adjusted EBITDA of $86 million; Adjusted EBITDA Margin of 16% EPS of $(0.03); Adjusted EPS of $0.14 Announces Record Net New Business Led by Largest New Business Win Net New Business of $113 million in Q2; LTM Net New Business of $324 million Reaffirm Guidance for 2024 of Organic Net Revenue Growth of 5% to 7%; Adjusted EBITDA of $400 million to $450 million; Free Cash Flow Conversion of ~50% NEW YORK , Aug. 1, 2024 /PRNewswire/ -- (NASDAQ: STGW) – Stagwell Inc. ("Stagwell") today announced financial results for the three and six months ended June 30, 2024. SECOND QUARTER RESULTS: Q2 Revenue of $671 million, an increase of 6% versus the prior year period; H1 Revenue of $1.3 billion, an increase of 7% versus the prior year period Q2 Net Loss attributable to Stagwell Inc. Common Shareholders of $3 million versus $3 million in the prior year period; H1 Net Loss attributable to Stagwell Inc. Common Shareholders of $4 million versus Income of $2 million in the prior year period Q2 Adjusted EBITDA of $86 million, a decrease of 6% versus the prior year period; H1 Adjusted EBITDA of $176 million, an increase of 8% versus the prior year period Q2 Adjusted EBITDA Margin of 16% on net revenue; H1 Adjusted EBITDA Margin of 16% on net revenue.

STAGWELL INC. (NASDAQ: STGW) REPORTS RESULTS FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2024

JULY HARVARD CAPS / HARRIS POLL: HARRIS RESETS RACE TO PRE-DEBATE LEVELS FOLLOWING HER ENTRANCE; TRUMP HOLDS LEAD

79% OF VOTERS APPROVE OF BIDEN'S DECISION TO STEP DOWN KAMALA HARRIS ENJOYS A 9 POINT JUMP IN FAVORABILITY FOLLOWING HER ANOINTMENT AS THE FRONTRUNNER DEMOCRATIC CANDIDATE TRUMP LEADS HARRIS BY 3 POINTS, DOWN FROM HIS JUNE 7 POINT LEAD ON BIDEN NEW YORK and CAMBRIDGE, Mass. , July 30, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW) today released the results of the July Harvard CAPS / Harris poll, a monthly collaboration between the Center for American Political Studies at Harvard (CAPS) and the Harris Poll and HarrisX.

JULY HARVARD CAPS / HARRIS POLL: HARRIS RESETS RACE TO PRE-DEBATE LEVELS FOLLOWING HER ENTRANCE; TRUMP HOLDS LEAD

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