Stantec Inc. (NYSE:STN) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Stantec Inc. (NYSE:STN) (TSE:STN) have received an average rating of “Moderate Buy” from the seven brokerages that are presently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1 year price target among brokers that have covered the stock in the last year is $175.00.

Several equities analysts recently issued reports on STN shares. Weiss Ratings cut Stantec from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, May 15th. Zacks Research cut Stantec from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 13th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Stantec in a report on Tuesday, May 19th. ATB Cormark Capital Markets raised Stantec from a “hold” rating to a “moderate buy” rating in a report on Friday, May 15th. Finally, Royal Bank Of Canada lifted their price objective on Stantec from $168.00 to $175.00 and gave the stock an “outperform” rating in a report on Monday, March 2nd.

Hedge Funds Weigh In On Stantec

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Westside Investment Management Inc. raised its holdings in shares of Stantec by 100.0% in the third quarter. Westside Investment Management Inc. now owns 252 shares of the business services provider’s stock worth $27,000 after acquiring an additional 126 shares during the last quarter. Allworth Financial LP raised its holdings in shares of Stantec by 223.9% in the fourth quarter. Allworth Financial LP now owns 298 shares of the business services provider’s stock worth $28,000 after acquiring an additional 206 shares during the last quarter. Caitong International Asset Management Co. Ltd raised its holdings in shares of Stantec by 264.9% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 343 shares of the business services provider’s stock worth $32,000 after acquiring an additional 249 shares during the last quarter. Leonteq Securities AG acquired a new position in shares of Stantec in the fourth quarter worth $37,000. Finally, Tower Research Capital LLC TRC raised its holdings in shares of Stantec by 423.7% in the second quarter. Tower Research Capital LLC TRC now owns 508 shares of the business services provider’s stock worth $55,000 after acquiring an additional 411 shares during the last quarter. 63.86% of the stock is owned by institutional investors and hedge funds.

Stantec Stock Up 0.1%

STN opened at $75.57 on Friday. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.35 and a quick ratio of 1.35. The business has a 50 day simple moving average of $85.58 and a 200-day simple moving average of $92.26. The stock has a market capitalization of $8.62 billion, a P/E ratio of 24.22 and a beta of 1.06. Stantec has a 12 month low of $72.46 and a 12 month high of $114.51.

Stantec (NYSE:STN) (TSE:STN) last posted its quarterly earnings results on Wednesday, May 13th. The business services provider reported $0.97 EPS for the quarter, beating the consensus estimate of $0.95 by $0.02. The business had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.23 billion. Stantec had a return on equity of 19.37% and a net margin of 5.92%.Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. On average, equities analysts anticipate that Stantec will post 4.5 earnings per share for the current fiscal year.

Stantec Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be issued a dividend of $0.245 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.98 annualized dividend and a yield of 1.3%. Stantec’s payout ratio is currently 22.44%.

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.