Stantec Inc. (NYSE:STN) Stock Has Average Price Target of $175.00

Shares of Stantec Inc. (NYSE:STN) (TSE:STN) have received a consensus rating of “Moderate Buy” from the seven analysts that are presently covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $175.00.

Several brokerages have recently weighed in on STN. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Stantec in a report on Friday, August 14th. Scotiabank restated an “outperform” rating on shares of Stantec in a research note on Friday, August 14th. Wall Street Zen lowered Stantec from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 13th. Finally, Weiss Ratings downgraded Stantec from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, August 11th.

Stantec Stock Performance

NYSE:STN opened at $67.51 on Thursday. The company has a fifty day moving average of $71.85 and a 200-day moving average of $76.45. The firm has a market capitalization of $7.57 billion, a P/E ratio of 21.03 and a beta of 1.01. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 0.54. Stantec has a twelve month low of $66.26 and a twelve month high of $114.51.

Stantec (NYSE:STN) (TSE:STN) last issued its earnings results on Wednesday, August 12th. The business services provider reported $1.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.15 by $0.01. The business had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.26 billion. Stantec had a net margin of 5.91% and a return on equity of 19.70%. Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. As a group, sell-side analysts anticipate that Stantec will post 4.46 EPS for the current year.

Stantec Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Tuesday, September 29th will be issued a dividend of C$0.24 per share. The ex-dividend date is Tuesday, September 29th. This represents a $0.98 annualized dividend and a dividend yield of 1.5%. Stantec’s payout ratio is currently 22.12%.

Hedge Funds Weigh In On Stantec

A number of large investors have recently modified their holdings of STN. Wellington Altus USA Inc. bought a new stake in Stantec during the 2nd quarter valued at $26,000. Addison Advisors LLC bought a new position in shares of Stantec in the second quarter valued at $33,000. Northwestern Mutual Wealth Management Co. bought a new position in shares of Stantec in the second quarter valued at $62,000. Caitong International Asset Management Co. Ltd lifted its stake in shares of Stantec by 1,148.9% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,174 shares of the business services provider’s stock valued at $111,000 after buying an additional 1,080 shares in the last quarter. Finally, SG Americas Securities LLC acquired a new position in shares of Stantec during the first quarter valued at about $144,000. 63.86% of the stock is currently owned by institutional investors.

Stantec Company Profile

Stantec Inc is a global professional services company that provides design, engineering, architecture, environmental, and project management services. Its work supports infrastructure and development projects across the buildings, energy and resources, environment, and water sectors.

The company serves public- and private-sector clients involved in transportation, community development, buildings, water and wastewater systems, environmental restoration, energy infrastructure, and natural resources.