FY2027 Earnings Estimate for Stantec Issued By Scotiabank

Stantec Inc. (TSE:STN) (NYSE:STN) – Stock analysts at Scotiabank issued their FY2027 EPS estimates for shares of Stantec in a report issued on Friday, January 23rd. Scotiabank analyst J. Goldman forecasts that the company will post earnings per share of $6.58 for the year. Scotiabank currently has a “Outperform” rating and a $162.00 target price on the stock.

Stantec (TSE:STN) (NYSE:STN) last released its quarterly earnings results on Thursday, November 13th. The company reported C$1.53 earnings per share for the quarter. Stantec had a net margin of 4.78% and a return on equity of 12.08%. The firm had revenue of C$2.14 billion for the quarter.

Other research analysts have also issued reports about the company. TD Securities upped their price objective on Stantec from C$176.00 to C$183.00 and gave the company a “buy” rating in a report on Monday, October 27th. National Bankshares decreased their price target on shares of Stantec from C$167.00 to C$161.00 and set an “outperform” rating on the stock in a research note on Monday, December 15th. CIBC lifted their price objective on shares of Stantec from C$168.00 to C$175.00 and gave the stock an “outperform” rating in a research note on Monday, October 20th. Royal Bank Of Canada boosted their price objective on shares of Stantec from C$153.00 to C$168.00 in a report on Monday, November 17th. Finally, Desjardins raised their target price on shares of Stantec from C$160.00 to C$173.00 and gave the stock a “buy” rating in a report on Friday, December 12th. Nine equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of C$166.70.

Stantec Price Performance

Shares of TSE STN opened at C$137.00 on Monday. The firm has a market cap of C$15.63 billion, a P/E ratio of 32.31, a price-to-earnings-growth ratio of 1.46 and a beta of 0.78. The business’s 50 day moving average is C$133.49 and its 200-day moving average is C$145.28. The company has a current ratio of 1.42, a quick ratio of 1.46 and a debt-to-equity ratio of 85.29. Stantec has a 1-year low of C$107.23 and a 1-year high of C$160.05.

Insider Buying and Selling

In other news, Director Gordon Allan Johnston acquired 4,000 shares of the stock in a transaction on Wednesday, December 24th. The stock was acquired at an average cost of C$131.52 per share, for a total transaction of C$526,080.00. Following the completion of the transaction, the director directly owned 53,793 shares in the company, valued at approximately C$7,074,855.36. This trade represents a 8.03% increase in their ownership of the stock. 0.27% of the stock is currently owned by corporate insiders.

Stantec Company Profile

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.