Stantec Inc. (TSE:STN) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Stantec Inc. (TSE:STN) (NYSE:STN) have been given a consensus rating of “Moderate Buy” by the ten analysts that are presently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is C$161.90.

A number of research analysts have weighed in on the stock. National Bank Financial upped their price objective on shares of Stantec from C$161.00 to C$163.00 and gave the stock an “outperform” rating in a research report on Friday, February 27th. TD Securities cut their price target on Stantec from C$183.00 to C$158.00 in a research note on Tuesday, February 24th. Royal Bank Of Canada upped their price target on Stantec from C$168.00 to C$175.00 in a report on Friday, February 27th. Scotiabank lowered their price target on Stantec from C$162.00 to C$146.00 and set an “outperform” rating on the stock in a research report on Friday, February 27th. Finally, Stifel Nicolaus dropped their price objective on Stantec from C$172.00 to C$154.00 and set a “buy” rating on the stock in a report on Friday, February 27th.

Stantec Stock Performance

STN opened at C$123.17 on Wednesday. The company has a debt-to-equity ratio of 96.66, a current ratio of 1.23 and a quick ratio of 1.46. The firm has a fifty day moving average price of C$130.30 and a 200 day moving average price of C$139.54. Stantec has a 1 year low of C$109.74 and a 1 year high of C$160.05. The stock has a market cap of C$14.05 billion, a P/E ratio of 29.33, a P/E/G ratio of 1.46 and a beta of 0.71.

Stantec (TSE:STN) (NYSE:STN) last announced its quarterly earnings results on Wednesday, February 25th. The company reported C$0.82 earnings per share (EPS) for the quarter. The firm had revenue of C$2.12 billion for the quarter. Stantec had a net margin of 6.47% and a return on equity of 15.28%.

Insider Activity

In other Stantec news, Director Gordon Allan Johnston bought 4,000 shares of the firm’s stock in a transaction dated Wednesday, December 24th. The shares were purchased at an average price of C$131.52 per share, for a total transaction of C$526,080.00. Following the transaction, the director directly owned 53,793 shares of the company’s stock, valued at approximately C$7,074,855.36. This represents a 8.03% increase in their position. 0.27% of the stock is owned by company insiders.

About Stantec

Stantec empowers clients, people, and communities to rise to the world’s greatest challenges at a time when the world faces more unprecedented concerns than ever before. We are a global leader in sustainable engineering, architecture, and environmental consulting. Our professionals deliver the expertise, technology, and innovation communities need to manage aging infrastructure, demographic and population changes, the energy transition, and more. Today’s communities transcend geographic borders.