Stantec (NYSE:STN) Hits New 12-Month Low – What’s Next?

Shares of Stantec Inc. (NYSE:STN) (TSE:STN) reached a new 52-week low on Tuesday . The stock traded as low as $82.85 and last traded at $83.1150, with a volume of 42218 shares traded. The stock had previously closed at $85.92.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Scotiabank reiterated an “outperform” rating on shares of Stantec in a research note on Thursday, January 22nd. Wall Street Zen upgraded shares of Stantec from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Weiss Ratings upgraded shares of Stantec from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, May 1st. Zacks Research raised shares of Stantec from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 14th. Finally, Royal Bank Of Canada lifted their price target on shares of Stantec from $168.00 to $175.00 and gave the stock an “outperform” rating in a research note on Monday, March 2nd. One research analyst has rated the stock with a Strong Buy rating and six have given a Buy rating to the company’s stock. According to data from MarketBeat.com, Stantec currently has a consensus rating of “Buy” and a consensus target price of $175.00.

Stantec Trading Down 2.7%

The business’s 50-day moving average price is $89.30 and its 200-day moving average price is $95.40. The firm has a market capitalization of $9.54 billion, a PE ratio of 27.62 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.

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

Stantec Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were paid a dividend of $0.245 per share. This represents a $0.98 annualized dividend and a dividend yield of 1.2%. This is a positive change from Stantec’s previous quarterly dividend of $0.23. The ex-dividend date was Tuesday, March 31st. Stantec’s payout ratio is currently 23.18%.

Hedge Funds Weigh In On Stantec

Several institutional investors have recently added to or reduced their stakes in the stock. Alliancebernstein L.P. lifted its position in Stantec by 82.4% during the 2nd quarter. Alliancebernstein L.P. now owns 3,449,311 shares of the business services provider’s stock worth $374,871,000 after acquiring an additional 1,558,703 shares during the period. Norges Bank acquired a new position in shares of Stantec in the fourth quarter valued at approximately $124,217,000. BCV Asset Management Inc. acquired a new position in shares of Stantec in the fourth quarter valued at approximately $93,015,000. Bank of Montreal Can raised its stake 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 worth $421,321,000 after purchasing an additional 897,912 shares during the last quarter. Finally, Man Group plc lifted its holdings in shares of Stantec by 103.5% during the fourth quarter. Man Group plc now owns 1,579,537 shares of the business services provider’s stock worth $149,247,000 after purchasing an additional 803,322 shares during the period. Institutional investors and hedge funds own 63.86% of the company’s stock.

About Stantec

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.