led by a group of agency and industry professionals, stagwell is working to build an investment portfolio of marketing services companies. we are putting digital first in all investments without being weighed down by legacy assets. our portfolio will only have one or two of each kind of agency from: digital media buying to market research to public relations and beyond to allow for true cooperation. most importantly, we know great talent needs to be valued and nurtured to achieve best in class growth that will allow for generous incentives and financial rewards. to facilitate that growth, we will act as value added investors, not simply managers, through new business development, strategic counsel and add-on acquisitions that keep agencies on the cutting edge of marketing innovation.
Company profile
Ticker
STGW
Exchange
Website
CEO
Mark J. Penn
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Omnicom • Interpublic Group Of Cos. • Groupon • Criteo S.A • AirNet Technology • Telaria • Stran & Company • SRAX • Specificity • Innerscope Hearing ...
Former names
MDC COMMUNICATIONS CORP, MDC CORP INC, MDC PARTNERS INC, MDC Stagwell Holdings Inc
SEC CIK
Corporate docs
Subsidiaries
72 Consulting LLC • 72andFootball LLC • 72andSunny NL B.V. • 72andSunny Partners, LLC • 72andSunny Pte. Ltd. • 72andSunny Pty Ltd • 7thfl LLC • 7thfl LP • 7thfl, LTD • 939GP Inc. ...
IRS number
980364441
STGW stock data
Latest filings (excl ownership)
10-K
2023 FY
Annual report
11 Mar 24
UPLOAD
Letter from SEC
29 Feb 24
8-K
Unregistered Sales of Equity Securities
27 Feb 24
8-K
Results of Operations and Financial Condition
27 Feb 24
CORRESP
Correspondence with SEC
8 Feb 24
UPLOAD
Letter from SEC
30 Jan 24
CORRESP
Correspondence with SEC
18 Jan 24
8-K
Unregistered Sales of Equity Securities
2 Jan 24
CORRESP
Correspondence with SEC
2 Jan 24
10-Q
2023 Q3
Quarterly report
2 Nov 23
Transcripts
STGW
Earnings call transcript
2023 Q4
27 Feb 24
STGW
Earnings call transcript
2023 Q3
2 Nov 23
STGW
Earnings call transcript
2023 Q2
8 Aug 23
STGW
Earnings call transcript
2023 Q1
9 May 23
STGW
Earnings call transcript
2022 Q4
2 Mar 23
STGW
Earnings call transcript
2022 Q3
5 Nov 22
STGW
Earnings call transcript
2022 Q2
6 Aug 22
STGW
Earnings call transcript
2022 Q1
6 May 22
STGW
Earnings call transcript
2021 Q4
8 Mar 22
STGW
Earnings call transcript
2021 Q3
7 Nov 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 98.71 mm | 98.71 mm | 98.71 mm | 98.71 mm | 98.71 mm | 98.71 mm |
Cash burn (monthly) | 2.19 mm | 5.55 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 13.08 mm | 33.09 mm | n/a | n/a | n/a | n/a |
Cash remaining | 85.62 mm | 65.62 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 39.0 | 11.8 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 139 |
Opened positions | 27 |
Closed positions | 21 |
Increased positions | 50 |
Reduced positions | 43 |
13F shares | Current |
---|---|
Total value | 431.75 bn |
Total shares | 245.86 mm |
Total puts | 6.00 k |
Total calls | 17.00 k |
Total put/call ratio | 0.4 |
Largest owners | Shares | Value |
---|---|---|
Stagwell Agency | 151.78 mm | $886.39 mm |
Hotchkis & Wiley Capital Management | 17.54 mm | $82.24 bn |
GS Goldman Sachs | 16.85 mm | $79.05 bn |
Madison Avenue Partners | 7.15 mm | $33.52 bn |
BLK Blackrock | 5.88 mm | $27.56 bn |
Select Equity | 5.27 mm | $24.70 bn |
Schroder Investment Management | 4.58 mm | $21.50 bn |
Vanguard | 4.55 mm | $21.34 bn |
AltraVue Capital | 2.38 mm | $11.15 bn |
Penn Capital Management | 1.92 mm | $9.04 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
8 Mar 24 | Peter McElligott | Class A Common Stock | Grant | Acquire A | No | No | 0 | 15,912 | 0.00 | 123,888 |
8 Mar 24 | Ryan Greene | Class A Common Stock | Grant | Acquire A | No | No | 0 | 31,191 | 0.00 | 227,039 |
8 Mar 24 | Vincenzo Dimaggio | Class A Common Stock | Grant | Acquire A | No | No | 0 | 16,273 | 0.00 | 182,968 |
8 Mar 24 | Jay Leveton | Class A Common Stock | Grant | Acquire A | No | No | 0 | 92,578 | 0.00 | 552,108 |
8 Mar 24 | Lanuto Frank P | Class A Common Stock | Grant | Acquire A | No | No | 0 | 21,472 | 0.00 | 689,542 |
News
Benchmark Reiterates Buy on Stagwell, Maintains $6.5 Price Target
15 Mar 24
Needham Reiterates Buy on Stagwell, Maintains $7.5 Price Target
28 Feb 24
Why Helix Energy Solutions Shares Are Trading Lower By 11%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session
27 Feb 24
Stagwell Q4 Adj EPS $0.12 Misses $0.27 Estimate, Sales $654.89M Miss $663.62M Estimate
27 Feb 24
Earnings Scheduled For February 27, 2024
27 Feb 24
Press releases
GALE NAMED ADVERTISING AGENCY OF THE YEAR BY CAMPAIGN U.S.
28 Mar 24
MARCH HARVARD CAPS / HARRIS POLL: TRUMP'S LEAD NARROWS TO 2 POINTS AFTER BIDEN GIVES STATE OF THE UNION
25 Mar 24
GALE REARCHITECTS AGENCY WITH ARTIFICIAL INTELLIGENCE AT CORE
21 Mar 24
GALE Announced as Creative and Media Agency of Record for Fogo de Chão
19 Mar 24
New Study by Stagwell's (STGW) The Harris Poll Suggests Brands Using Imported Waste in Recycled Products Are at Risk of Greenwashing
12 Mar 24