Stantec (NYSE:STN) Posts Quarterly Earnings Results, Beats Estimates By $0.01 EPS

Stantec (NYSE:STN) (TSE:STN) issued its earnings results on Wednesday. The business services provider reported $1.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.15 by $0.01, Zacks reports. Stantec had a net margin of 5.92% and a return on equity of 19.37%. Stantec updated its FY 2026 guidance to 4.370-4.490 EPS.

Stantec Stock Down 0.2%

Shares of NYSE STN traded down $0.14 during mid-day trading on Wednesday, hitting $74.38. 388,916 shares of the stock traded hands, compared to its average volume of 388,690. The company has a market cap of $8.36 billion, a price-to-earnings ratio of 23.84 and a beta of 0.99. The stock has a fifty day moving average price of $70.41 and a 200-day moving average price of $82.37. Stantec has a 52 week low of $66.26 and a 52 week high of $114.51. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.35 and a current ratio of 1.35.

Analysts Set New Price Targets

STN has been the subject of several recent analyst reports. ATB Cormark Capital Markets raised shares of Stantec from a “hold” rating to a “moderate buy” rating in a research note on Friday, May 15th. Wall Street Zen downgraded Stantec from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 13th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Stantec in a research report on Tuesday, May 19th. Zacks Research lowered Stantec from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 13th. Finally, Weiss Ratings downgraded Stantec from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday. Five equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Stantec currently has an average rating of “Moderate Buy” and a consensus target price of $175.00.

Hedge Funds Weigh In On Stantec

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd grew its position in shares of Stantec by 264.9% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 343 shares of the business services provider’s stock worth $32,000 after buying an additional 249 shares during the period. Tower Research Capital LLC TRC lifted its position in Stantec by 423.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 508 shares of the business services provider’s stock valued at $55,000 after acquiring an additional 411 shares during the period. State of Wyoming purchased a new position in Stantec during the 4th quarter valued at about $63,000. Danske Bank A S bought a new stake in Stantec during the third quarter worth about $89,000. Finally, Kestra Advisory Services LLC bought a new stake in Stantec during the fourth quarter worth about $86,000. Hedge funds and other institutional investors own 63.86% of the company’s stock.

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.