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

Stantec Inc. (TSE:STN) (NYSE:STN) has been assigned a consensus rating of “Moderate Buy” from the ten brokerages that are presently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating and nine have given a buy rating to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is C$159.00.

Several research analysts have recently issued reports on STN shares. Raymond James Financial lowered their price target on shares of Stantec from C$180.00 to C$165.00 in a report on Wednesday, April 29th. Stifel Nicolaus lowered their price target on shares of Stantec from C$160.00 to C$140.00 and set a “buy” rating for the company in a report on Thursday, April 30th. Scotiabank lowered their price target on shares of Stantec from C$162.00 to C$146.00 and set an “outperform” rating for the company in a report on Friday, February 27th. National Bank Financial lowered their price target on shares of Stantec from C$163.00 to C$143.00 and set an “outperform” rating for the company in a report on Wednesday, April 8th. Finally, Desjardins upped their price target on shares of Stantec from C$173.00 to C$178.00 and gave the stock a “buy” rating in a report on Friday, February 27th.

Stantec Stock Down 6.4%

Shares of TSE:STN opened at C$106.92 on Thursday. The company has a fifty day moving average of C$121.94 and a 200-day moving average of C$130.96. The company has a market capitalization of C$12.20 billion, a PE ratio of 25.46, a price-to-earnings-growth ratio of 1.46 and a beta of 0.76. The company has a debt-to-equity ratio of 96.66, a quick ratio of 1.46 and a current ratio of 1.23. Stantec has a 52-week low of C$106.11 and a 52-week high of C$160.05.

Stantec (TSE:STN) (NYSE:STN) last announced its quarterly earnings results on Wednesday, May 13th. The company reported C$1.33 earnings per share (EPS) for the quarter. The company had revenue of C$2.07 billion during the quarter. Stantec had a net margin of 6.47% and a return on equity of 15.28%.

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.