Scotiabank Has Negative Outlook for Stantec FY2026 Earnings

Stantec Inc. (TSE:STN) (NYSE:STN) – Scotiabank lowered their FY2026 earnings per share estimates for Stantec in a research note issued on Wednesday, July 15th. Scotiabank analyst J. Goldman now expects that the company will post earnings per share of $6.01 for the year, down from their prior estimate of $6.20. Scotiabank has a “Sector Outperform” rating and a $133.00 price target on the stock.

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

STN has been the topic of several other reports. Desjardins dropped their price target on Stantec from C$178.00 to C$171.00 and set a “buy” rating on the stock in a research report on Friday, May 15th. Stifel Nicolaus lowered their target price on shares of Stantec from C$160.00 to C$140.00 and set a “buy” rating for the company in a research note on Thursday, April 30th. Raymond James Financial dropped their target price on shares of Stantec from C$180.00 to C$165.00 in a report on Wednesday, April 29th. TD dropped their target price on shares of Stantec from C$158.00 to C$132.00 and set a “buy” rating on the stock in a report on Friday, May 15th. Finally, ATB Cormark Capital Markets upgraded shares of Stantec from a “hold” rating to a “moderate buy” rating and reduced their price target for the stock from C$157.00 to C$130.00 in a research report on Friday, May 15th. Thirteen equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of C$146.00.

Stantec Price Performance

Shares of STN opened at C$97.25 on Monday. The firm has a market cap of C$11.09 billion, a price-to-earnings ratio of 22.67, a PEG ratio of 1.46 and a beta of 0.71. The stock has a 50 day moving average of C$101.00 and a 200-day moving average of C$117.90. The company has a current ratio of 1.35, a quick ratio of 1.46 and a debt-to-equity ratio of 76.67. Stantec has a 52 week low of C$94.79 and a 52 week high of C$160.05.

Insider Buying and Selling

In related news, Director Douglas Keith Ammerman acquired 681 shares of Stantec stock in a transaction that occurred on Thursday, July 2nd. The stock was acquired at an average price of C$97.84 per share, for a total transaction of C$66,629.04. Following the transaction, the director directly owned 42,512 shares of the company’s stock, valued at C$4,159,374.08. This trade represents a 1.63% increase in their position. Also, Director Clayton Bock acquired 1,485 shares of the stock in a transaction that occurred on Friday, June 26th. The shares were bought at an average price of C$94.85 per share, with a total value of C$140,852.25. Following the completion of the purchase, the director owned 4,895 shares in the company, valued at C$464,290.75. The trade was a 43.55% increase in their ownership of the stock. 0.27% of the stock is currently 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.