Stantec (NYSE:STN) Raised to “Strong-Buy” at Wall Street Zen

Stantec (NYSE:STN) (TSE:STN) was upgraded by analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a research note issued to investors on Saturday.

Other analysts also recently issued reports about the stock. Weiss Ratings raised shares of Stantec from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, May 1st. Royal Bank Of Canada upped their price objective on shares of Stantec from $168.00 to $175.00 and gave the stock an “outperform” rating in a report on Monday, March 2nd. Zacks Research raised shares of Stantec from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 14th. Finally, Scotiabank reaffirmed an “outperform” rating on shares of Stantec in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating and six have given a Buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy” and an average price target of $175.00.

Stantec Stock Performance

STN stock opened at $87.41 on Friday. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 0.47. The company has a market capitalization of $9.97 billion, a price-to-earnings ratio of 28.95 and a beta of 1.06. Stantec has a 12 month low of $84.08 and a 12 month high of $114.51. The firm has a 50 day moving average of $89.55 and a two-hundred day moving average of $95.76.

Stantec (NYSE:STN) (TSE:STN) last posted its earnings results on Wednesday, February 25th. The business services provider reported $0.90 EPS for the quarter, topping the consensus estimate of $0.87 by $0.03. The company had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.65 billion. Stantec had a net margin of 5.90% and a return on equity of 17.56%. Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. As a group, equities analysts anticipate that Stantec will post 4.47 EPS for the current fiscal year.

Institutional Investors Weigh In On Stantec

A number of hedge funds have recently made changes to their positions in the company. Oslo Pensjonsforsikring AS acquired a new stake in shares of Stantec during the 1st quarter worth about $327,000. Dimensional Fund Advisors LP increased its position in shares of Stantec by 23.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 458,993 shares of the business services provider’s stock worth $39,654,000 after purchasing an additional 88,417 shares in the last quarter. SEB Asset Management AB acquired a new stake in shares of Stantec during the 1st quarter worth about $4,718,000. Swiss National Bank increased its position in shares of Stantec by 27.0% during the 1st quarter. Swiss National Bank now owns 383,970 shares of the business services provider’s stock worth $33,145,000 after purchasing an additional 81,700 shares in the last quarter. Finally, Mediolanum International Funds Ltd acquired a new stake in shares of Stantec during the 1st quarter worth about $965,000. Institutional investors and hedge funds 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.