Stagwell Inc. (STGW)

NASDAQ: STGW · IEX Real-Time Price · USD
6.84
-0.07 (-1.01%)
At close: May 15, 2024, 4:00 PM
7.14
+0.30 (4.39%)
After-hours: May 15, 2024, 6:57 PM EDT
-1.01%
Market Cap 804.25M
Revenue (ttm) 2.57B
Net Income (ttm) -1.59M
Shares Out 117.58M
EPS (ttm) -0.02
PE Ratio n/a
Forward PE 9.20
Dividend n/a
Ex-Dividend Date n/a
Volume 884,534
Open 7.02
Previous Close 6.91
Day's Range 6.72 - 7.02
52-Week Range 3.83 - 8.59
Beta 1.58
Analysts Strong Buy
Price Target 8.06 (+17.84%)
Earnings Date May 1, 2024

About STGW

Stagwell Inc. provides digital transformation, performance media and data, consumer insights and strategy, and creativity and communications services. The company operates through three segments: Integrated Agencies Network, Brand Performance Network, and Communications Network. It designs and builds digital platforms and experiences that support the delivery of content, commerce, service, and sales; creates websites, mobile applications, back-end systems, content and data management systems, and other digital environments; designs and implemen... [Read more]

Founded 1980
Employees 10,250
Stock Exchange NASDAQ
Ticker Symbol STGW
Full Company Profile

Financial Performance

In 2023, Stagwell's revenue was $2.53 billion, a decrease of -5.98% compared to the previous year's $2.69 billion. Earnings were $134,000, a decrease of -99.33%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for STGW stock is "Strong Buy." The 12-month stock price forecast is $8.06, which is an increase of 17.84% from the latest price.

Price Target
$8.06
(17.84% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Stagwell (STGW) Releases News Advertising Study Revealing It is Safe for Brands to Advertise Adjacent to Quality News Content Despite Overblown Fears

Groundbreaking 50,000-respondent survey shows ads placed adjacent to stories covering politics, inflation and crime perform as effectively as ads placed next to business, entertainment and sports stor...

8 hours ago - PRNewsWire

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

NEW YORK , May 8, 2024 /PRNewswire/ -- Stagwell Inc. (the "Company") announced today the grant of equity inducement awards. Effective May 3, 2024, the Company granted a total of 24,403 restricted stoc...

7 days ago - PRNewsWire

New Study by Stagwell's (STGW) The Harris Poll: New Yorkers are Worried about the Waste Crisis but Don't See a Plastic Ban as a Solution

Survey found that plastic plays an important role in the lives of New Yorkers across the state Over 78% of New Yorkers view molecular recycling  as a positive way to help solve the waste crisis NEW YO...

8 days ago - PRNewsWire

Despite Significant Challenges & Economic Anxiety, Business Leaders and Americans Align Around New Strategies to Offset Risk According to New Milken Institute-Harris Poll

LOS ANGELES--(BUSINESS WIRE)--U.S. business leaders and Americans alike are confronting significant geo-economic challenges, according to a new Milken Institute-Harris Poll report, “Building A Resilie...

12 days ago - Business Wire

STAGWELL (STGW) ACQUIRES MONTREAL-BASED LUXINE RELATIONS PUBLIQUES

The newly augmented Quebec offering will operate as LuxineVeritas MONTREAL and TORONTO , May 2, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, has a...

13 days ago - PRNewsWire

STAGWELL INC. (NASDAQ: STGW) REPORTS RESULTS FOR THE THREE MONTHS ENDED MARCH 31, 2024

Revenue Growth of 8%, Led by 13% Growth from Performance Media & Data Net Loss Attributable to Stagwell Inc. Common Shareholders of $1.3 million Adjusted EBITDA of $90 million, An Increase of 25% Year...

14 days ago - PRNewsWire

Stagwell Announces 'Future of News' Summit on May 15 Featuring Trailblazing Panelist Discussions and 50,000-Respondent Study Revealing the Importance of Investing in News

"Stories from the Field" newsmaker panel to feature Hannah Beckler (Business Insider), Jason Conti (Dow Jones), Jason Rezaian (The Washington Post) and Megan Twohey (The New York Times) "Why News Work...

15 days ago - PRNewsWire

Stagwell (STGW) Releases Annual Report for 2023: Growing Market Share and Evolving for the Frontiers of Marketing

NEW YORK , April 29, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW) released its 2023 Annual Report, highlighting investments in artificial intelligence, immersive experiences for brands, strategic acqu...

16 days ago - PRNewsWire

Stagwell Adds Indonesia-based Media, Creative, and Technology Agency Leverate Group to Global Affiliate Program

NEW YORK and JAKARTA, Indonesia , April 22, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today announced it has added Leverate Group, an integrate...

22 days ago - PRNewsWire

Stagwell (STGW) Announces May Investor Conferences at Needham, J.P. Morgan, and B.

NEW YORK , April 22, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today announced management will participate in three upcoming investor conferenc...

23 days ago - PRNewsWire

STAGWELL LAUNCHES LONDON HUB TO SUPPORT EUROPEAN EXPANSION

Stagwell brings together multidisciplinary agencies under one roof to prioritize connected solutions for clients LONDON , April 18, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network...

27 days ago - PRNewsWire

Stagwell (STGW) Schedules Webcast to Discuss Financial Results for the Three Months Ended March 31, 2024

NEW YORK , April 17, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, will report financial results for the three months ended March 31, 2024, on Wedn...

4 weeks ago - PRNewsWire

Stagwell (STGW) Expands in Latin America with Acquisition of PROS Agency, Digital PR Leader in Brazil

Female-Founded Agency Grew 50% in 2023 and Will Scale Stagwell's Presence in Brazil and Latin America as Part of Allison SÃO PAULO, April 15, 2024 /PRNewswire/ --  Stagwell (NASDAQ: STGW), the challen...

4 weeks ago - PRNewsWire

Stagwell (STGW) Marketing Cloud Announces a New Data Clean Room for Clients through Google Cloud

NEW YORK , April 9, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW) Marketing Cloud today announced it is developing a new data clean room (DCR) solution built on Google Cloud to facilitate a secure and ...

5 weeks ago - PRNewsWire

New Study by Stagwell's (STGW) The Harris Poll Suggests Brands Using Imported Waste in Recycled Products Are at Risk of Greenwashing

NEW YORK , March 12, 2024 /PRNewswire/ -- A new survey from Stagwell's (NASDAQ: STGW) The Harris Poll, commissioned by Eastman, a global specialty materials company, among 2,000 French and German men ...

2 months ago - PRNewsWire

Four Stagwell (STGW) Agencies - 72andSunny, Code and Theory, Colle McVoy and Team Epiphany - Awarded 2024 Ad Age Agency A-List Recognition for Business and Creative Transformation

NEW YORK , March 11, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today celebrates four of its agencies recognized in Ad Age's 2024 Agency A-List:...

2 months ago - PRNewsWire

Code and Theory, a Stagwell (STGW) Network Company, Named Ad Age Business Transformation Agency of the Year

Technology-first creative agency drives record results for its A-list clients NEW YORK , March 11, 2024 /PRNewswire/ -- Code and Theory, part of Stagwell (NASDAQ: STGW), has been named the Ad Age Busi...

2 months ago - PRNewsWire

ASSEMBLY, A STAGWELL (STGW) AGENCY, ELEVATES NORTH AMERICA LEADERSHIP IN ENHANCED ORG STRUCTURE

Industry-leading leaders will drive growth for the agency's biggest market. NEW YORK , March 11, 2024 /PRNewswire/ -- Assembly  announced today the elevations of Nicole Jennings to Managing Director, ...

2 months ago - PRNewsWire

Kirby McInerney LLP Announces Investigation of Shareholder Claims Against Stagwell Inc. (STGW)

NEW YORK--(BUSINESS WIRE)---- $STGW #Investigation--The law firm of Kirby McInerney LLP is investigating potential claims against Stagwell, Inc. (“Stagwell” or the “Company”) (NASDAQ:STGW). The invest...

2 months ago - Business Wire

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Stagwell Inc. (STGW) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Stagwell Inc. (“S...

2 months ago - Business Wire

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Stagwell Inc. (STGW) on Behalf of Investors

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Stagwell Inc. (“Stagwell” or the “Company”) (NASDAQ: STGW) investors concerning the Company's pos...

2 months ago - Business Wire

The Law Offices of Frank R. Cruz Announces Investigation of Stagwell Inc. (STGW) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Stagwell Inc. (“Stagwell” or the “Company”) (NASDAQ: STGW) on behalf of investors concerning the Company's ...

2 months ago - Business Wire

STAGWELL INC. (NASDAQ: STGW) REPORTS RESULTS FOR THE THREE AND TWELVE MONTHS ENDED DECEMBER 31, 2023

Expects 2024 Organic Net Revenue Growth of 5% to 7%; Adjusted EBITDA of $400 million to $450 million; Free Cash Flow Conversion of ~50% Net Revenue Growth of 31% from Stagwell Marketing Cloud Group in...

2 months ago - PRNewsWire

Stagwell (STGW) Launches 'Unlock Surveys' Panel as the Demand for Consumer Research Booms in 2024

International Consumer Collective Powered by the Stagwell Marketing Cloud NEW YORK , Feb. 26, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, has unv...

2 months ago - PRNewsWire

Stagwell's (STGW) Anomaly Alliance Enters Agreement to Acquire French Digital Shop What's Next Partners as It Accelerates Global Expansion

WNP will be first in series of planned acquisitions for The Anomaly Alliance as Stagwell expands throughout Europe and beyond NEW YORK , Feb. 26, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the chal...

2 months ago - PRNewsWire