Stantec (TSE:STN) Stock Passes Above Two Hundred Day Moving Average of $63.95

Stantec Inc. (TSE:STNGet Rating) (NYSE:STN)’s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$63.95 and traded as high as C$68.95. Stantec shares last traded at C$68.77, with a volume of 243,086 shares.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. TD Securities raised their price target on Stantec from C$74.00 to C$79.00 and gave the stock a “buy” rating in a research report on Monday, November 14th. Raymond James raised their price target on Stantec from C$75.00 to C$80.00 and gave the stock a “strong-buy” rating in a research report on Friday, November 11th. National Bankshares raised their price target on Stantec from C$70.00 to C$74.00 in a research report on Monday, November 14th. Scotiabank lifted their target price on Stantec from C$74.00 to C$80.00 in a report on Friday, November 11th. Finally, Royal Bank of Canada lifted their target price on Stantec from C$67.00 to C$71.00 and gave the stock a “sector perform” rating in a report on Monday, November 14th. One analyst has rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of C$76.11.

Stantec Price Performance

The company has a 50 day simple moving average of C$66.52 and a 200-day simple moving average of C$63.95. The stock has a market cap of C$7.62 billion and a price-to-earnings ratio of 40.22. The company has a current ratio of 1.52, a quick ratio of 1.46 and a debt-to-equity ratio of 92.77.

Stantec (TSE:STNGet Rating) (NYSE:STN) last released its quarterly earnings results on Thursday, November 10th. The company reported C$0.86 earnings per share (EPS) for the quarter, meeting the consensus estimate of C$0.86. The firm had revenue of C$1.16 billion during the quarter, compared to analyst estimates of C$1.14 billion. Research analysts expect that Stantec Inc. will post 3.4199999 EPS for the current year.

Stantec Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, January 17th. Shareholders of record on Tuesday, January 17th were paid a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 1.05%. The ex-dividend date of this dividend was Thursday, December 29th. Stantec’s dividend payout ratio is 41.23%.

Insider Buying and Selling at Stantec

In other Stantec news, Director Leonardo De Oliveira Castro sold 614 shares of Stantec stock in a transaction dated Tuesday, November 15th. The stock was sold at an average price of C$67.14, for a total value of C$41,223.96. In related news, Director Jeffrey Philip Stone sold 3,000 shares of Stantec stock in a transaction dated Monday, November 21st. The stock was sold at an average price of C$67.23, for a total value of C$201,696.90. Also, Director Leonardo De Oliveira Castro sold 614 shares of Stantec stock in a transaction dated Tuesday, November 15th. The shares were sold at an average price of C$67.14, for a total value of C$41,223.96.

Stantec Company Profile

(Get Rating)

Stantec Inc provides engineering, architecture, and environmental consulting services in the areas of infrastructure and facilities in Canada, the United States, and internationally. The company provides consulting services in engineering, architecture, interior design, landscape architecture, surveying, environmental sciences, project management, and project economics.

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