Stantec Inc. (TSE:STN) Receives Consensus Rating of “Buy” from Analysts

Stantec Inc. (TSE:STN) (NYSE:STN) has been assigned an average rating of “Buy” from the thirteen ratings firms that are presently covering the stock, MarketBeat Ratings reports. Thirteen equities research analysts have rated the stock with a buy recommendation. The average 1-year target price among brokers that have issued a report on the stock in the last year is C$150.54.

A number of research analysts recently commented on the company. Scotiabank reduced their price target on Stantec from C$162.00 to C$146.00 and set an “outperform” rating for the company in a report on Friday, February 27th. National Bank Financial reduced their price target on Stantec from C$163.00 to C$143.00 and set an “outperform” rating for the company in a report on Wednesday, April 8th. BMO Capital Markets reduced their price target on Stantec from C$175.00 to C$154.00 and set an “outperform” rating for the company in a report on Friday, May 15th. Raymond James Financial reduced their price target on Stantec from C$180.00 to C$165.00 in a report on Wednesday, April 29th. Finally, Stifel Nicolaus reduced their price target on Stantec from C$160.00 to C$140.00 and set a “buy” rating for the company in a report on Thursday, April 30th.

Stantec Stock Down 2.4%

Shares of TSE:STN opened at C$96.32 on Friday. The company has a quick ratio of 1.46, a current ratio of 1.35 and a debt-to-equity ratio of 76.67. Stantec has a 52-week low of C$94.79 and a 52-week high of C$160.05. The company has a 50 day moving average of C$109.58 and a two-hundred day moving average of C$121.77. The company has a market capitalization of C$10.99 billion, a price-to-earnings ratio of 22.45, a price-to-earnings-growth ratio of 1.46 and a beta of 0.76.

Stantec (TSE:STN) (NYSE:STN) last issued its quarterly earnings data on Wednesday, May 13th. The company reported C$1.33 earnings per share (EPS) for the quarter. Stantec had a net margin of 6.19% and a return on equity of 15.21%. The company had revenue of C$2.07 billion during the quarter.

Stantec Company Profile

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.