Scotiabank Analysts Decrease Earnings Estimates for Stantec

Stantec Inc. (TSE:STN) (NYSE:STN) – Stock analysts at Scotiabank dropped their FY2026 EPS estimates for Stantec in a research report issued on Wednesday, July 15th. Scotiabank analyst J. Goldman now forecasts that the company will post earnings per share of $6.01 for the year, down from their previous estimate of $6.20. Scotiabank currently has a “Sector Outperform” rating and a $133.00 price target on the stock.

Several other equities research analysts also recently issued reports on STN. Royal Bank Of Canada cut their target price on shares of Stantec from C$175.00 to C$155.00 in a research note on Friday, May 15th. TD lowered their price target on Stantec from C$158.00 to C$132.00 and set a “buy” rating on the stock in a research report on Friday, May 15th. BMO Capital Markets dropped their price objective on Stantec from C$175.00 to C$154.00 and set an “outperform” rating on the stock in a research note on Friday, May 15th. Canadian Imperial Bank of Commerce cut their price objective on Stantec from C$160.00 to C$137.00 and set an “outperformer” rating for the company in a research report on Wednesday, July 8th. Finally, ATB Cormark Capital Markets upgraded Stantec from a “hold” rating to a “moderate buy” rating and reduced their target price for the stock from C$157.00 to C$130.00 in a research note on Friday, May 15th. Thirteen analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of C$146.00.

Stantec Stock Down 0.9%

Stantec stock opened at C$96.38 on Monday. The firm has a market capitalization of C$10.99 billion, a PE ratio of 22.47, a P/E/G ratio of 1.46 and a beta of 0.71. The company’s 50-day moving average is C$100.64 and its 200-day moving average is C$117.67. Stantec has a fifty-two week low of C$94.79 and a fifty-two week high of C$160.05. The company has a debt-to-equity ratio of 76.67, a current ratio of 1.35 and a quick ratio of 1.46.

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

Insider Activity

In related news, Director Douglas Keith Ammerman bought 681 shares of Stantec stock in a transaction that occurred on Thursday, July 2nd. The stock was 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 approximately C$4,159,374.08. This represents a 1.63% increase in their position. Also, Director Clayton Bock bought 1,485 shares of Stantec stock in a transaction that occurred on Friday, June 26th. The shares were bought at an average cost of C$94.85 per share, with a total value of C$140,852.25. Following the acquisition, the director directly owned 4,895 shares in the company, valued at C$464,290.75. This trade represents a 43.55% increase in their position. 0.27% of the stock is owned by corporate insiders.

About Stantec

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.