Scotiabank Analysts Increase Earnings Estimates for Stantec

Stantec Inc. (TSE:STN) (NYSE:STN) – Analysts at Scotiabank raised their FY2026 EPS estimates for Stantec in a research note issued on Wednesday, May 20th. Scotiabank analyst J. Goldman now expects that the company will post earnings per share of $6.20 for the year, up from their prior estimate of $6.15. Scotiabank has a “Outperform” rating and a $146.00 price objective on the stock.

A number of other research analysts have also weighed in on STN. Raymond James Financial dropped their price objective on shares of Stantec from C$180.00 to C$165.00 in a research note on Wednesday, April 29th. TD decreased 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. Royal Bank Of Canada decreased their price objective on shares of Stantec from C$175.00 to C$155.00 in a report on Friday, May 15th. Desjardins decreased their price objective on shares of Stantec from C$178.00 to C$171.00 and set a “buy” rating for the company in a report on Friday, May 15th. Finally, Scotia decreased their price objective on shares of Stantec from C$146.00 to C$138.00 and set a “sector outperform” rating for the company in a report on Friday, May 15th. Thirteen equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of C$150.54.

Stantec Trading Down 2.7%

TSE:STN opened at C$102.83 on Thursday. Stantec has a 12 month low of C$99.67 and a 12 month high of C$160.05. The stock has a market capitalization of C$11.73 billion, a price-to-earnings ratio of 23.97, a PEG ratio of 1.46 and a beta of 0.76. The firm has a fifty day simple moving average of C$119.82 and a two-hundred day simple moving average of C$129.10. The company has a current ratio of 1.35, a quick ratio of 1.46 and a debt-to-equity ratio of 76.67.

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

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.