Stantec Sets New 1-Year High at $60.04 (STN)
Stantec (NYSE:STN) set a new 52-week high during trading on Thursday, StockRatingsNetwork.com reports. The stock traded as high as $60.04 and last traded at $59.46, with a volume of 20,189 shares. The stock had previously closed at $55.45.
A number of analysts have recently weighed in on STN shares. Analysts at Zacks upgraded shares of Stantec from a “neutral” rating to an “outperform” rating in a research note to investors on Tuesday, October 8th. They now have a $55.90 price target on the stock. Separately, analysts at Canaccord Genuity upgraded shares of Stantec from a “hold” rating to a “buy” rating in a research note to investors on Monday, October 7th. Finally, analysts at TD Securities upgraded shares of Stantec from a “hold” rating to a “buy” rating in a research note to investors on Friday, August 2nd. Five equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $42.99.
Stantec has a 52 week low of $31.60 and a 52 week high of $56.07. The stock’s 50-day moving average is $52.64 and its 200-day moving average is $46.3. The company has a market cap of $2.750 billion and a price-to-earnings ratio of 19.37.
Stantec (NYSE:STN) last announced its earnings results on Thursday, October 31st. The company reported $0.94 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.78 by $0.16. Analysts expect that Stantec will post $2.93 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Thursday, January 16th. Stockholders of record on Tuesday, December 31st will be given a dividend of $0.16 per share. This represents a $0.63 dividend on an annualized basis and a yield of 1.06%. The ex-dividend date of this dividend is Friday, December 27th.
Stantec Inc (NYSE:STN) provides professional consulting services in the area of infrastructure and facilities for clients in the public and private sectors.
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