Stantec Inc. (TSE:STN) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Stantec Inc. (TSE:STN) (NYSE:STN) have received an average recommendation of “Moderate Buy” from the ten brokerages that are presently covering the stock, Marketbeat reports. One research analyst has rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is C$165.40.

A number of equities analysts have recently issued reports on the stock. National Bankshares raised their target price on shares of Stantec from C$162.00 to C$164.00 and gave the stock an “outperform” rating in a research report on Friday, August 15th. CIBC raised 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 report on Monday, October 20th. Royal Bank Of Canada upped their target price on shares of Stantec from C$153.00 to C$168.00 in a report on Monday, November 17th. TD Securities raised their price target on Stantec from C$176.00 to C$183.00 and gave the stock a “buy” rating in a report on Monday, October 27th. Finally, Scotiabank boosted their price target on Stantec from C$160.00 to C$161.00 in a research report on Friday, October 17th.

Stantec Stock Down 0.8%

Stantec stock opened at C$131.55 on Monday. The company has a market capitalization of C$15.01 billion, a P/E ratio of 31.03, a PEG ratio of 1.46 and a beta of 0.80. The company has a debt-to-equity ratio of 85.29, a quick ratio of 1.46 and a current ratio of 1.42. Stantec has a fifty-two week low of C$107.23 and a fifty-two week high of C$160.05. The stock has a 50-day simple moving average of C$148.16 and a 200-day simple moving average of C$148.54.

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

Stantec Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Wednesday, October 15th were issued a $0.225 dividend. The ex-dividend date of this dividend was Monday, September 29th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 0.7%. Stantec’s payout ratio is presently 20.87%.

Stantec Company Profile

Stantec Inc is a sustainable engineering, architecture, and environmental consulting company. The company is geographically diversified in three regional operating units namely Canada, the United States and Global, offering similar services across all regions. The company offers services in various sectors across the project life cycle through five business operating units infrastructure, water, buildings, environmental services, and energy and resources.