What is Scotiabank’s Estimate for Stantec FY2027 Earnings?

Stantec Inc. (TSE:STN) (NYSE:STN) – Research analysts at Scotiabank lowered their FY2027 earnings per share estimates for shares of Stantec in a research report issued to clients and investors on Wednesday, May 20th. Scotiabank analyst J. Goldman now expects that the company will post earnings per share of $6.68 for the year, down from their prior estimate of $6.73. Scotiabank has a “Outperform” rating and a $146.00 price objective on the stock.

Other analysts have also recently issued reports about the company. Royal Bank Of Canada decreased their price objective on Stantec from C$175.00 to C$155.00 in a research report on Friday, May 15th. ATB Cormark Capital Markets raised Stantec from a “hold” rating to a “moderate buy” rating and decreased their price objective for the stock from C$157.00 to C$130.00 in a research report on Friday, May 15th. Stifel Nicolaus decreased their price objective 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. Canadian Imperial Bank of Commerce decreased their price objective on Stantec from C$173.00 to C$160.00 in a research report on Tuesday. Finally, Desjardins decreased their price objective on Stantec from C$178.00 to C$171.00 and set a “buy” rating for the company in a research report on Friday, May 15th. Thirteen equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of C$150.54.

Stantec Stock Up 2.0%

Stantec stock opened at C$104.87 on Friday. Stantec has a twelve month low of C$99.67 and a twelve month high of C$160.05. The stock has a 50 day moving average of C$119.46 and a two-hundred day moving average of C$128.74. The company has a current ratio of 1.35, a quick ratio of 1.46 and a debt-to-equity ratio of 76.67. The stock has a market capitalization of C$11.96 billion, a price-to-earnings ratio of 24.45, a PEG ratio of 1.46 and a beta of 0.76.

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

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.