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

Stantec Inc. (NYSE:STNGet Free Report) (TSE:STN) has been given a consensus rating of “Moderate Buy” by the seven brokerages that are currently covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $175.00.

STN has been the topic of a number of recent analyst reports. Weiss Ratings downgraded Stantec from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, June 1st. Zacks Research downgraded Stantec from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 13th. ATB Cormark Capital Markets upgraded Stantec from a “hold” rating to a “moderate buy” rating in a research note on Friday, May 15th. Wall Street Zen downgraded Stantec from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 13th. Finally, Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Stantec in a research report on Tuesday, May 19th.

Check Out Our Latest Report on STN

Stantec Trading Down 0.4%

STN opened at $67.99 on Friday. The stock has a market capitalization of $7.64 billion, a P/E ratio of 21.79 and a beta of 1.00. Stantec has a 12 month low of $66.94 and a 12 month high of $114.51. The firm’s fifty day simple moving average is $71.67 and its 200 day simple moving average is $85.04. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.47.

Stantec (NYSE:STNGet Free Report) (TSE:STN) last posted its quarterly earnings data on Wednesday, May 13th. The business services provider reported $0.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.95 by $0.02. The business had revenue of $1.22 billion during the quarter, compared to the consensus estimate 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. As a group, research analysts anticipate that Stantec will post 4.43 EPS for the current fiscal year.

Stantec Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were paid a dividend of $0.245 per share. This represents a $0.98 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date was Tuesday, June 30th. Stantec’s dividend payout ratio (DPR) is currently 22.12%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of STN. Vanguard Group Inc. lifted its position in Stantec by 1.9% during the fourth quarter. Vanguard Group Inc. now owns 4,966,062 shares of the business services provider’s stock worth $468,622,000 after acquiring an additional 92,641 shares during the last quarter. Bank of Montreal Can grew its position in shares of Stantec by 25.2% in the fourth quarter. Bank of Montreal Can now owns 4,464,733 shares of the business services provider’s stock valued at $421,321,000 after purchasing an additional 897,912 shares during the last quarter. Royal Bank of Canada grew its position in shares of Stantec by 2.9% in the fourth quarter. Royal Bank of Canada now owns 4,131,944 shares of the business services provider’s stock valued at $389,890,000 after purchasing an additional 117,613 shares during the last quarter. Pictet Asset Management Holding SA increased its stake in shares of Stantec by 19.0% during the first quarter. Pictet Asset Management Holding SA now owns 3,485,388 shares of the business services provider’s stock worth $300,340,000 after purchasing an additional 557,434 shares during the period. Finally, Alliancebernstein L.P. increased its stake in shares of Stantec by 82.4% during the second quarter. Alliancebernstein L.P. now owns 3,449,311 shares of the business services provider’s stock worth $374,871,000 after purchasing an additional 1,558,703 shares during the period. Institutional investors and hedge funds own 63.86% of the company’s stock.

Stantec Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Stantec (NYSE:STN)

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