Scotiabank Has Bullish Forecast for Stantec FY2026 Earnings

Stantec Inc. (TSE:STN) (NYSE:STN) – Research analysts at Scotiabank increased their FY2026 EPS estimates for shares of Stantec in a research note issued on Wednesday, August 19th. Scotiabank analyst J. Goldman now expects that the company will post earnings per share of $6.20 for the year, up from their previous forecast of $6.01. Scotiabank currently has a “Sector Outperform” rating and a $133.00 target price on the stock. Scotiabank also issued estimates for Stantec’s FY2027 earnings at $6.66 EPS.

Stantec (TSE:STN) (NYSE:STN) last released its quarterly earnings data on Wednesday, August 12th. The company reported C$1.61 earnings per share for the quarter. Stantec had a net margin of 6.23% and a return on equity of 15.26%. The company had revenue of C$2.23 billion during the quarter.

Several other equities analysts have also weighed in on STN. Raymond James Financial dropped their price objective on shares of Stantec from C$180.00 to C$165.00 in a report on Wednesday, April 29th. Canadian Imperial Bank of Commerce reduced their target price on Stantec from C$160.00 to C$137.00 and set an “outperformer” rating for the company in a research note on Wednesday, July 8th. Stifel Nicolaus decreased their target price on Stantec from C$160.00 to C$140.00 and set a “buy” rating for the company in a research report on Thursday, April 30th. BMO Capital Markets dropped their price target on Stantec from C$175.00 to C$154.00 and set an “outperform” rating on the stock in a research note on Friday, May 15th. Finally, Scotia dropped their price target on Stantec from C$133.00 to C$129.00 and set a “sector outperform” rating on the stock in a research note on Friday, August 14th. Eleven research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of C$143.00.

Stantec Stock Down 1.1%

Shares of TSE STN opened at C$101.60 on Monday. The company has a quick ratio of 1.46, a current ratio of 1.50 and a debt-to-equity ratio of 80.98. The firm has a market cap of C$11.59 billion, a PE ratio of 22.93, a P/E/G ratio of 1.46 and a beta of 0.70. The company’s fifty day simple moving average is C$99.31 and its 200 day simple moving average is C$111.42. Stantec has a 12-month low of C$93.28 and a 12-month high of C$160.05.

Insider Buying and Selling at Stantec

In other Stantec news, Director Douglas Keith Ammerman acquired 681 shares of the company’s stock in a transaction on Thursday, July 2nd. The shares were purchased at an average cost of C$97.84 per share, with a total value of C$66,629.04. Following the completion of the purchase, the director owned 42,512 shares of the company’s stock, valued at approximately C$4,159,374.08. This represents a 1.63% increase in their ownership of the stock. Also, Director Clayton Bock acquired 1,485 shares of the company’s stock in a transaction on Friday, June 26th. The stock was acquired at an average cost of C$94.85 per share, for a total transaction of C$140,852.25. Following the completion of the purchase, the director directly owned 4,895 shares of the company’s stock, valued at approximately C$464,290.75. This represents a 43.55% increase in their position. In the last 90 days, insiders acquired 4,234 shares of company stock worth $419,637. 0.27% of the stock is owned by corporate insiders.

About Stantec

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.