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

Shares of Stantec Inc. (NYSE:STN) (TSE:STN) have been given an average rating of “Moderate Buy” by the seven analysts that are presently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $175.00.

A number of equities analysts have weighed in on the stock. Royal Bank Of Canada upped their price objective on shares of Stantec from $168.00 to $175.00 and gave the company an “outperform” rating in a research report on Monday, March 2nd. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Stantec in a research note on Tuesday, May 19th. ATB Cormark Capital Markets upgraded shares of Stantec from a “hold” rating to a “moderate buy” rating in a research note on Friday, May 15th. Weiss Ratings lowered shares of Stantec from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, June 1st. Finally, Zacks Research cut shares of Stantec from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 13th.

Stantec Trading Up 2.0%

Shares of STN opened at $69.35 on Tuesday. The stock has a fifty day moving average of $78.86 and a two-hundred day moving average of $88.37. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.35 and a current ratio of 1.35. The company has a market capitalization of $7.91 billion, a PE ratio of 22.23 and a beta of 0.98. Stantec has a fifty-two week low of $66.94 and a fifty-two week high of $114.51.

Stantec (NYSE:STN) (TSE:STN) last released its quarterly earnings data on Wednesday, May 13th. The business services provider reported $0.97 earnings per share for the quarter, beating the consensus estimate of $0.95 by $0.02. Stantec had a return on equity of 19.37% and a net margin of 5.92%.The business had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.23 billion. Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. As a group, analysts forecast that Stantec will post 4.5 EPS for the current year.

Stantec Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be issued a dividend of $0.245 per share. This represents a $0.98 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Tuesday, June 30th. Stantec’s dividend payout ratio (DPR) is presently 22.44%.

Institutional Trading of Stantec

A number of large investors have recently added to or reduced their stakes in STN. Alliancebernstein L.P. boosted its holdings in Stantec by 82.4% during the second quarter. Alliancebernstein L.P. now owns 3,449,311 shares of the business services provider’s stock worth $374,871,000 after buying an additional 1,558,703 shares in the last quarter. Norges Bank purchased a new stake in shares of Stantec in the 4th quarter valued at approximately $124,217,000. BCV Asset Management Inc. purchased a new stake in Stantec in the 4th quarter worth approximately $93,015,000. Bank of Montreal Can lifted its position in Stantec by 25.2% in the 4th quarter. Bank of Montreal Can now owns 4,464,733 shares of the business services provider’s stock worth $421,321,000 after buying an additional 897,912 shares in the last quarter. Finally, Man Group plc lifted its position in Stantec by 103.5% in the 4th quarter. Man Group plc now owns 1,579,537 shares of the business services provider’s stock worth $149,247,000 after buying an additional 803,322 shares in the last quarter. 63.86% of the stock is currently owned by institutional investors.

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.