Stantec (NYSE:STN) (TSE:STN) is scheduled to be announcing its earnings results before the market opens on Thursday, February 22nd. Analysts expect the company to announce earnings of $0.36 per share for the quarter.
Stantec (NYSE:STN) opened at $28.10 on Thursday. The stock has a market cap of $3,173.37, a PE ratio of 36.49 and a beta of 1.59. Stantec has a one year low of $22.25 and a one year high of $29.25. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.45 and a quick ratio of 1.45.
Stantec declared that its Board of Directors has initiated a share buyback program on Thursday, November 9th that permits the company to repurchase 2,280,000 outstanding shares. This repurchase authorization permits the business services provider to buy shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s board of directors believes its stock is undervalued.
Stantec Inc is a provider of professional services in the area of infrastructure and facilities for clients in the public and private sectors. The Company’s operates through four segments Consulting Services-Canada, Consulting Services-United States, Consulting Services-Global and Construction Services.
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