Stantec Inc. (NYSE:STN) Receives Average Rating of “Moderate Buy” from Analysts

Stantec Inc. (NYSE:STN) (TSE:STN) has been given an average rating of “Moderate Buy” by the eight analysts that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation and seven have assigned a buy recommendation to the company.

Several equities analysts recently commented on STN shares. Desjardins reaffirmed a “buy” rating on shares of Stantec in a research report on Monday, November 17th. CIBC restated an “outperform” rating on shares of Stantec in a report on Monday, October 20th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Stantec in a research report on Monday, November 17th. Zacks Research downgraded Stantec from a “hold” rating to a “strong sell” rating in a research report on Friday, December 5th. Finally, Wall Street Zen upgraded Stantec from a “buy” rating to a “strong-buy” rating in a research note on Saturday, December 13th.

Institutional Investors Weigh In On Stantec

Several institutional investors have recently bought and sold shares of the business. Westside Investment Management Inc. boosted its position in Stantec by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 252 shares of the business services provider’s stock worth $27,000 after purchasing an additional 126 shares during the period. Simplex Trading LLC purchased a new stake in shares of Stantec in the second quarter worth about $32,000. Caitong International Asset Management Co. Ltd raised its holdings in shares of Stantec by 4,700.0% during the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 384 shares of the business services provider’s stock valued at $42,000 after buying an additional 376 shares during the period. Tower Research Capital LLC TRC boosted its holdings in Stantec by 423.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 508 shares of the business services provider’s stock worth $55,000 after acquiring an additional 411 shares during the period. Finally, PNC Financial Services Group Inc. grew its position in Stantec by 122.5% in the second quarter. PNC Financial Services Group Inc. now owns 712 shares of the business services provider’s stock valued at $77,000 after acquiring an additional 392 shares in the last quarter. 63.86% of the stock is currently owned by hedge funds and other institutional investors.

Stantec Stock Down 0.1%

Shares of NYSE:STN opened at $96.06 on Tuesday. The stock’s 50-day moving average price is $100.90 and its two-hundred day moving average price is $106.30. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 0.53. Stantec has a 12-month low of $73.18 and a 12-month high of $114.51. The firm has a market cap of $10.96 billion, a price-to-earnings ratio of 31.60 and a beta of 1.11.

Stantec (NYSE:STN) (TSE:STN) last posted its quarterly earnings data on Thursday, November 13th. The business services provider reported $1.11 EPS for the quarter, meeting analysts’ consensus estimates of $1.11. Stantec had a net margin of 6.06% and a return on equity of 17.37%. The company had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.71 billion. Stantec has set its FY 2025 guidance at 3.784-3.880 EPS. On average, research analysts forecast that Stantec will post 3.05 EPS for the current year.

Stantec Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Wednesday, December 31st will be issued a $0.225 dividend. The ex-dividend date is Wednesday, December 31st. This is a positive change from Stantec’s previous quarterly dividend of $0.16. This represents a $0.90 annualized dividend and a yield of 0.9%. Stantec’s payout ratio is 21.71%.

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.