Stantec (NYSE:STN – Get Free Report) (TSE:STN) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 4.370-4.490 for the period, compared to the consensus EPS estimate of 4.430. The company issued revenue guidance of $5.1 billion-$5.2 billion, compared to the consensus revenue estimate of $5.1 billion.
Wall Street Analyst Weigh In
A number of analysts recently weighed in on STN shares. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Stantec in a research report on Tuesday, May 19th. 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 research report on Saturday, June 13th. Zacks Research lowered Stantec from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 13th. Finally, Weiss Ratings downgraded Stantec from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, June 1st. Five investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $175.00.
View Our Latest Research Report on Stantec
Stantec Stock Down 0.2%
Stantec (NYSE:STN – Get Free Report) (TSE:STN) last posted its quarterly earnings data on Wednesday, May 13th. The business services provider reported $0.97 earnings per share for the quarter, beating analysts’ consensus estimates of $0.95 by $0.02. The company had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.23 billion. Stantec had a net margin of 5.92% and a return on equity of 19.37%. On average, sell-side analysts predict that Stantec will post 4.43 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Stantec
Several hedge funds and other institutional investors have recently bought and sold shares of STN. Caitong International Asset Management Co. Ltd grew its stake in 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 purchasing an additional 249 shares in the last quarter. Tower Research Capital LLC TRC raised its stake in Stantec by 423.7% during the second quarter. Tower Research Capital LLC TRC now owns 508 shares of the business services provider’s stock valued at $55,000 after buying an additional 411 shares in the last quarter. State of Wyoming acquired a new stake in Stantec during the fourth quarter valued at approximately $63,000. Danske Bank A S bought a new position in Stantec during the 3rd quarter worth approximately $89,000. Finally, Kestra Advisory Services LLC acquired a new position in shares of Stantec in the 4th quarter worth approximately $86,000. 63.86% of the stock is currently owned by hedge funds and other institutional investors.
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.
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