Stantec (NYSE:STN) Price Target Raised to $175.00

Stantec (NYSE:STN) (TSE:STN) had its price objective raised by investment analysts at Royal Bank Of Canada from $168.00 to $175.00 in a report released on Monday,Benzinga reports. The brokerage presently has an “outperform” rating on the business services provider’s stock. Royal Bank Of Canada’s price objective would indicate a potential upside of 87.00% from the stock’s previous close.

Other equities research analysts also recently issued reports about the stock. Desjardins reiterated a “buy” rating on shares of Stantec in a research report on Monday, November 17th. Scotiabank restated an “outperform” rating on shares of Stantec in a research report on Thursday, January 22nd. Zacks Research raised shares of Stantec from a “strong sell” rating to a “hold” rating in a report on Wednesday, January 21st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Stantec in a report on Wednesday, January 21st. Finally, Wall Street Zen raised Stantec from a “buy” rating to a “strong-buy” rating in a research note on Saturday, January 31st. Six analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $175.00.

Stantec Stock Performance

STN traded up $0.82 on Monday, reaching $93.59. The company had a trading volume of 162,853 shares, compared to its average volume of 346,052. Stantec has a fifty-two week low of $77.07 and a fifty-two week high of $114.51. The company’s fifty day moving average is $96.43 and its 200 day moving average is $102.32. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.23 and a current ratio of 1.23. The stock has a market cap of $10.68 billion, a P/E ratio of 30.89 and a beta of 1.12.

Stantec (NYSE:STN) (TSE:STN) last released its quarterly earnings results on Wednesday, February 25th. The business services provider reported $0.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.87 by $0.03. The business had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.65 billion. Stantec had a return on equity of 17.56% and a net margin of 5.90%.Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. As a group, analysts predict that Stantec will post 3.05 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Stantec

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Westside Investment Management Inc. grew its holdings in Stantec by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 252 shares of the business services provider’s stock worth $27,000 after acquiring an additional 126 shares during the period. Allworth Financial LP grew its stake in Stantec by 223.9% during the fourth quarter. Allworth Financial LP now owns 298 shares of the business services provider’s stock worth $28,000 after purchasing an additional 206 shares during the period. Simplex Trading LLC bought a new position in shares of Stantec during the 2nd quarter worth approximately $32,000. Caitong International Asset Management Co. Ltd increased its stake in shares of Stantec by 264.9% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 343 shares of the business services provider’s stock valued at $32,000 after acquiring an additional 249 shares in the last quarter. Finally, Leonteq Securities AG acquired a new position in shares of Stantec during the 4th quarter valued at $37,000. Institutional investors and hedge funds own 63.86% of the company’s stock.

Stantec Company Profile

Stantec is a global design and consulting firm offering professional services in engineering, architecture, and environmental sciences. The company partners with public and private clients to deliver solutions spanning infrastructure, water, energy and resources, and community development. Through an integrated approach, Stantec manages projects from initial planning and conceptual design through construction and commissioning, focusing on sustainability and innovation.

The firm’s service portfolio includes civil infrastructure design, building systems engineering, environmental assessments, and project management.