Stantec Inc. (NYSE:STN) Given Average Recommendation of “Buy” by Analysts

Stantec Inc. (NYSE:STN) (TSE:STN) has earned an average recommendation of “Buy” from the seven research firms that are covering the firm, Marketbeat reports. Six investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $175.00.

A number of research firms recently commented on STN. Scotiabank reiterated an “outperform” rating on shares of Stantec in a report on Thursday, January 22nd. Royal Bank Of Canada raised their price objective on Stantec from $168.00 to $175.00 and gave the company an “outperform” rating in a research report on Monday, March 2nd. Zacks Research upgraded Stantec from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 14th. Wall Street Zen raised Stantec from a “buy” rating to a “strong-buy” rating in a report on Saturday. Finally, Weiss Ratings upgraded Stantec from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, May 1st.

Stantec Stock Performance

Shares of STN stock opened at $87.41 on Monday. The stock has a market cap of $9.97 billion, a P/E ratio of 28.95 and a beta of 1.06. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.23 and a quick ratio of 1.23. The company has a fifty day moving average price of $89.55 and a two-hundred day moving average price of $95.76. Stantec has a one year low of $84.08 and a one year high of $114.51.

Stantec (NYSE:STN) (TSE:STN) last released its quarterly earnings data on Wednesday, February 25th. The business services provider reported $0.90 earnings per share for the quarter, topping the consensus estimate of $0.87 by $0.03. The company had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.65 billion. Stantec had a net margin of 5.90% and a return on equity of 17.56%. Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. As a group, equities analysts predict that Stantec will post 4.47 EPS for the current year.

Stantec Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were given a $0.245 dividend. The ex-dividend date of this dividend was Tuesday, March 31st. This is a boost from Stantec’s previous quarterly dividend of $0.23. This represents a $0.98 annualized dividend and a dividend yield of 1.1%. Stantec’s payout ratio is currently 23.18%.

Institutional Trading of Stantec

Several institutional investors have recently added to or reduced their stakes in STN. Oslo Pensjonsforsikring AS acquired a new position in shares of Stantec during the 1st quarter worth approximately $327,000. Dimensional Fund Advisors LP boosted its stake in shares of Stantec by 23.9% in the first quarter. Dimensional Fund Advisors LP now owns 458,993 shares of the business services provider’s stock valued at $39,654,000 after buying an additional 88,417 shares during the period. SEB Asset Management AB acquired a new stake in Stantec during the first quarter worth approximately $4,718,000. Swiss National Bank grew its position in Stantec by 27.0% during the first quarter. Swiss National Bank now owns 383,970 shares of the business services provider’s stock worth $33,145,000 after buying an additional 81,700 shares in the last quarter. Finally, Mediolanum International Funds Ltd bought a new position in Stantec during the 1st quarter worth $965,000. 63.86% of the stock is currently owned by institutional investors.

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.