Stantec (NYSE:STN) Reaches New 12-Month Low – Should You Sell?

Stantec Inc. (NYSE:STNGet Free Report) (TSE:STN)’s share price reached a new 52-week low on Wednesday . The stock traded as low as $72.16 and last traded at $72.2260, with a volume of 167683 shares. The stock had previously closed at $73.89.

Analyst Ratings Changes

Several equities analysts have weighed in on STN shares. Royal Bank Of Canada raised their price target on Stantec from $168.00 to $175.00 and gave the stock an “outperform” rating in a research report on Monday, March 2nd. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Stantec in a report on Tuesday, May 19th. Wall Street Zen upgraded Stantec from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 9th. Zacks Research cut Stantec from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 13th. Finally, Weiss Ratings cut Stantec from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, June 1st. Five analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Stantec presently has a consensus rating of “Moderate Buy” and a consensus price target of $175.00.

Read Our Latest Stock Analysis on STN

Stantec Price Performance

The company has a market cap of $8.26 billion, a PE ratio of 23.21 and a beta of 0.98. The business’s 50 day moving average price is $82.92 and its 200-day moving average price is $90.34. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.47.

Stantec (NYSE:STNGet Free Report) (TSE:STN) last released its quarterly earnings results on Wednesday, May 13th. The business services provider reported $0.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.95 by $0.02. Stantec had a net margin of 5.92% and a return on equity of 19.37%. The firm had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.23 billion. Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. As a group, analysts forecast that Stantec Inc. will post 4.5 earnings per share for the current year.

Stantec Announces Dividend

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

Institutional Trading of Stantec

A number of hedge funds and other institutional investors have recently modified their holdings of STN. Vanguard Group Inc. increased its holdings in Stantec by 1.9% in the fourth quarter. Vanguard Group Inc. now owns 4,966,062 shares of the business services provider’s stock valued at $468,622,000 after buying an additional 92,641 shares during the last quarter. Bank of Montreal Can grew its holdings in shares of Stantec by 25.2% during the fourth quarter. Bank of Montreal Can now owns 4,464,733 shares of the business services provider’s stock valued at $421,321,000 after purchasing an additional 897,912 shares during the last quarter. Royal Bank of Canada grew its holdings in shares of Stantec by 2.9% during the fourth quarter. Royal Bank of Canada now owns 4,131,944 shares of the business services provider’s stock valued at $389,890,000 after purchasing an additional 117,613 shares during the last quarter. Pictet Asset Management Holding SA grew its holdings in shares of Stantec by 19.0% during the first quarter. Pictet Asset Management Holding SA now owns 3,485,388 shares of the business services provider’s stock valued at $300,340,000 after purchasing an additional 557,434 shares during the last quarter. Finally, Alliancebernstein L.P. grew its holdings in shares of Stantec by 0.8% during the third quarter. Alliancebernstein L.P. now owns 3,475,699 shares of the business services provider’s stock valued at $374,680,000 after purchasing an additional 26,388 shares during the last quarter. 63.86% of the stock is owned by hedge funds and other institutional investors.

Stantec Company Profile

(Get Free Report)

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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