Stantec Reaches New 52-Week High at $68.88 (STN)
Stantec (NYSE:STN) shares hit a new 52-week high during trading on Thursday , Analyst Ratings Net reports. The company traded as high as $68.88 and last traded at $68.64, with a volume of 13,019 shares trading hands. The stock had previously closed at $67.57.
A number of research firms have recently commented on STN. Analysts at National Bank Financial downgraded shares of Stantec from an “outperform” rating to a “sector perform” rating in a research note on Friday, August 8th. Analysts at Zacks upgraded shares of Stantec from a “neutral” rating to an “outperform” rating in a research note on Wednesday, July 30th. They now have a $70.80 price target on the stock. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $70.80.
The stock has a 50-day moving average of $63.96 and a 200-day moving average of $61.39. The company has a market cap of $3.190 billion and a P/E ratio of 21.87.
Stantec (NYSE:STN) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.03. Analysts expect that Stantec will post $3.60 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Thursday, October 16th. Stockholders of record on Friday, September 26th will be given a dividend of $0.1696 per share. This represents a $0.68 dividend on an annualized basis and a yield of 1.00%. The ex-dividend date of this dividend is Wednesday, September 24th.
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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