Stantec (NYSE:STN) Hits New 52-Week Low – Should You Sell?

Stantec Inc. (NYSE:STN) (TSE:STN) shares reached a new 52-week low during trading on Tuesday . The company traded as low as $70.76 and last traded at $70.9890, with a volume of 47977 shares trading hands. The stock had previously closed at $71.25.

Wall Street Analyst Weigh In

STN has been the subject of a number of research analyst reports. Zacks Research cut Stantec from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 13th. Wall Street Zen cut Stantec from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 13th. Royal Bank Of Canada raised their target price on Stantec from $168.00 to $175.00 and gave the company an “outperform” rating in a research note on Monday, March 2nd. Weiss Ratings cut Stantec from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, June 1st. Finally, ATB Cormark Capital Markets upgraded Stantec from a “hold” rating to a “moderate buy” rating in a research note on Friday, May 15th. Five research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $175.00.

Stantec Stock Down 2.7%

The firm has a market cap of $7.95 billion, a PE ratio of 22.34 and a beta of 0.98. The stock has a 50 day simple moving average of $81.63 and a 200-day simple moving average of $89.65. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.35 and a quick ratio of 1.35.

Stantec (NYSE:STN) (TSE:STN) last posted its earnings results on Wednesday, May 13th. The business services provider reported $0.97 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 analyst estimates 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. Sell-side analysts predict that Stantec Inc. will post 4.5 EPS for the current fiscal year.

Stantec Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be issued a $0.245 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.98 dividend on an annualized basis and a dividend yield of 1.4%. Stantec’s dividend payout ratio (DPR) is presently 22.44%.

Institutional Trading of Stantec

A number of institutional investors and hedge funds have recently modified their holdings of STN. Alliancebernstein L.P. increased its holdings in shares of Stantec by 82.4% in the 2nd 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 in the last quarter. Norges Bank bought a new stake in shares of Stantec in the 4th quarter worth $124,217,000. BCV Asset Management Inc. bought a new stake in shares of Stantec in the 4th quarter worth $93,015,000. Bank of Montreal Can increased its holdings in shares of Stantec by 25.2% in the 4th quarter. Bank of Montreal Can now owns 4,464,733 shares of the business services provider’s stock worth $421,321,000 after purchasing an additional 897,912 shares in the last quarter. Finally, Man Group plc increased its holdings in shares of Stantec by 103.5% in the 4th quarter. Man Group plc now owns 1,579,537 shares of the business services provider’s stock worth $149,247,000 after purchasing an additional 803,322 shares in the last quarter. Institutional investors own 63.86% of the company’s stock.

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.