What is Scotiabank’s Forecast for Stantec FY2027 Earnings?

Stantec Inc. (TSE:STN) (NYSE:STN) – Equities researchers at Scotiabank decreased their FY2027 earnings per share (EPS) estimates for shares of Stantec in a report released on Wednesday, July 15th. Scotiabank analyst J. Goldman now anticipates that the company will post earnings per share of $6.35 for the year, down from their previous estimate of $6.68. Scotiabank has a “Sector Outperform” rating and a $133.00 price target on the stock.

Stantec (TSE:STN) (NYSE:STN) last released its quarterly earnings data on Wednesday, May 13th. The company reported C$1.33 EPS for the quarter. The business had revenue of C$2.07 billion for the quarter. Stantec had a net margin of 6.19% and a return on equity of 15.21%.

Several other research firms also recently commented on STN. TD cut their price objective on shares of Stantec from C$158.00 to C$132.00 and set a “buy” rating for the company in a report on Friday, May 15th. Raymond James Financial lowered their target price on shares of Stantec from C$180.00 to C$165.00 in a report on Wednesday, April 29th. Royal Bank Of Canada decreased their price target on Stantec from C$175.00 to C$155.00 in a research report on Friday, May 15th. BMO Capital Markets lowered their price objective on Stantec from C$175.00 to C$154.00 and set an “outperform” rating on the stock in a research report on Friday, May 15th. Finally, National Bank Financial lowered their target price on shares of Stantec from C$143.00 to C$120.00 and set an “outperform” rating on the stock in a research note on Monday. Thirteen analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of C$146.00.

Stantec Price Performance

STN opened at C$98.98 on Friday. The firm has a 50-day moving average price of C$101.85 and a 200-day moving average price of C$118.38. Stantec has a twelve month low of C$94.79 and a twelve month high of C$160.05. The company has a quick ratio of 1.46, a current ratio of 1.35 and a debt-to-equity ratio of 76.67. The company has a market capitalization of C$11.29 billion, a price-to-earnings ratio of 23.07, a PEG ratio of 1.46 and a beta of 0.71.

Insider Activity at Stantec

In other Stantec news, Director Clayton Bock purchased 1,485 shares of Stantec stock in a transaction that occurred on Friday, June 26th. The shares were bought at an average price of C$94.85 per share, for a total transaction of C$140,852.25. Following the acquisition, the director directly owned 4,895 shares in the company, valued at approximately C$464,290.75. This trade represents a 43.55% increase in their ownership of the stock. Also, Director Douglas Keith Ammerman bought 681 shares of the firm’s stock in a transaction that occurred on Thursday, July 2nd. The shares were acquired at an average price of C$97.84 per share, with a total value of C$66,629.04. Following the acquisition, the director owned 42,512 shares of the company’s stock, valued at C$4,159,374.08. This represents a 1.63% increase in their ownership of the stock. 0.27% of the stock is currently owned by company insiders.

Stantec Company Profile

Stantec empowers clients, people, and communities to rise to the world’s greatest challenges at a time when the world faces more unprecedented concerns than ever before. We are a global leader in sustainable engineering, architecture, and environmental consulting. Our professionals deliver the expertise, technology, and innovation communities need to manage aging infrastructure, demographic and population changes, the energy transition, and more. Today’s communities transcend geographic borders.