Shares of Stantec Inc. (TSE:STN) (NYSE:STN) have been given a consensus recommendation of “Hold” by the nine brokerages that are covering the company, MarketBeat.com reports. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 12 month price target among brokers that have covered the stock in the last year is C$36.78.
STN has been the topic of several recent research reports. BMO Capital Markets boosted their price objective on shares of Stantec from C$38.00 to C$39.00 in a research report on Monday, May 13th. Desjardins boosted their price objective on shares of Stantec from C$39.00 to C$40.00 in a research report on Monday, May 13th. Canaccord Genuity decreased their price objective on shares of Stantec from C$40.00 to C$38.00 in a research report on Friday, March 1st. TD Securities boosted their price objective on shares of Stantec from C$34.00 to C$36.00 and gave the stock a “hold” rating in a research report on Friday, March 1st. Finally, Raymond James reiterated a “market perform” rating and issued a C$33.00 price objective on shares of Stantec in a research report on Monday, April 8th.
Shares of Stantec stock traded up C$0.21 on Wednesday, hitting C$31.93. The company’s stock had a trading volume of 224,595 shares, compared to its average volume of 166,491. Stantec has a 52-week low of C$29.03 and a 52-week high of C$35.04. The company has a quick ratio of 1.83, a current ratio of 1.90 and a debt-to-equity ratio of 96.15. The firm has a market capitalization of $3.56 billion and a PE ratio of 65.16.
Stantec (TSE:STN) (NYSE:STN) last released its quarterly earnings data on Thursday, May 9th. The company reported C$0.45 EPS for the quarter, hitting the consensus estimate of C$0.45. The business had revenue of C$904.10 million during the quarter, compared to analysts’ expectations of C$892.80 million. On average, research analysts expect that Stantec will post 2.4100001 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Friday, June 28th will be issued a $0.145 dividend. The ex-dividend date of this dividend is Thursday, June 27th. This represents a $0.58 dividend on an annualized basis and a yield of 1.82%. Stantec’s dividend payout ratio (DPR) is 113.78%.
Stantec Company Profile
Stantec Inc provides professional consulting services in the area of infrastructure and facilities for clients in the public and private sectors in Canada, the United States, and internationally. It operates through three segments: Consulting Services Canada, Consulting Services United States, and Consulting Services Global.
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