Stantec Inc. (NYSE:STN) Receives Consensus Rating of “Moderate Buy” from Analysts

Stantec Inc. (NYSE:STN) (TSE:STN) has been given a consensus recommendation of “Moderate Buy” by the seven brokerages that are covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $175.00.

Several brokerages have commented on STN. ATB Cormark Capital Markets upgraded shares of Stantec from a “hold” rating to a “moderate buy” rating in a report on Friday, May 15th. Weiss Ratings downgraded shares of Stantec from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, August 11th. Zacks Research lowered shares of Stantec from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 13th. Scotiabank restated an “outperform” rating on shares of Stantec in a report on Friday, August 14th. Finally, Wall Street Zen lowered shares of Stantec from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 13th.

Stantec Trading Up 0.7%

NYSE STN opened at $73.55 on Friday. The firm has a market cap of $8.27 billion, a P/E ratio of 22.91 and a beta of 0.99. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.50 and a quick ratio of 1.50. The stock’s 50-day moving average is $71.48 and its 200-day moving average is $79.32. Stantec has a one year low of $66.26 and a one year high of $114.51.

Stantec (NYSE:STN) (TSE:STN) last released its quarterly earnings data on Wednesday, August 12th. The business services provider reported $1.16 earnings per share for the quarter, beating the consensus estimate of $1.15 by $0.01. Stantec had a return on equity of 19.70% and a net margin of 5.91%.The business had revenue of $1.25 billion for the quarter, compared to analysts’ expectations of $1.26 billion. Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. Sell-side analysts anticipate that Stantec will post 4.46 earnings per share for the current fiscal year.

Stantec Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Tuesday, September 29th will be issued a $0.245 dividend. This represents a $0.98 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Tuesday, September 29th. Stantec’s payout ratio is 21.50%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Amundi raised its position in Stantec by 27.2% in the 2nd quarter. Amundi now owns 1,050,103 shares of the business services provider’s stock valued at $86,775,000 after buying an additional 224,462 shares during the last quarter. TD Waterhouse Canada Inc. boosted its position in Stantec by 12.1% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 834,413 shares of the business services provider’s stock worth $56,450,000 after acquiring an additional 90,005 shares during the last quarter. Nykredit A S bought a new position in shares of Stantec during the 2nd quarter worth approximately $3,303,000. QV Investors Inc. raised its holdings in shares of Stantec by 219.1% in the second quarter. QV Investors Inc. now owns 511,665 shares of the business services provider’s stock valued at $35,278,000 after purchasing an additional 351,330 shares during the last quarter. Finally, Susquehanna International Group LLP raised its holdings in shares of Stantec by 489.4% in the second quarter. Susquehanna International Group LLP now owns 10,020 shares of the business services provider’s stock valued at $690,000 after purchasing an additional 8,320 shares during the last quarter. 63.86% of the stock is currently owned by institutional investors.

About Stantec

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.