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

Shares of Stantec Inc. (TSE:STN) (NYSE:STN) have earned a consensus rating of “Moderate Buy” from the ten ratings firms that are currently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is C$166.70.

A number of research analysts have commented on STN shares. Stifel Nicolaus upped their price objective on Stantec from C$160.00 to C$175.00 and gave the company a “buy” rating in a report on Monday, October 6th. National Bankshares reduced their target price on shares of Stantec from C$167.00 to C$161.00 and set an “outperform” rating for the company in a research report on Monday, December 15th. Desjardins raised their price target on shares of Stantec from C$160.00 to C$173.00 and gave the stock a “buy” rating in a research report on Friday, December 12th. CIBC boosted their price objective on shares of Stantec from C$168.00 to C$175.00 and gave the company an “outperform” rating in a report on Monday, October 20th. Finally, TD Securities increased their target price on shares of Stantec from C$176.00 to C$183.00 and gave the stock a “buy” rating in a research report on Monday, October 27th.

Stantec Trading Down 0.2%

Shares of STN stock opened at C$137.26 on Tuesday. Stantec has a 12-month low of C$107.23 and a 12-month high of C$160.05. The company has a market capitalization of C$15.66 billion, a PE ratio of 32.37, a price-to-earnings-growth ratio of 1.46 and a beta of 0.78. The firm has a 50 day moving average price of C$133.46 and a two-hundred day moving average price of C$145.38. The company has a quick ratio of 1.46, a current ratio of 1.42 and a debt-to-equity ratio of 85.29.

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

Insider Transactions at Stantec

In related news, Director Gordon Allan Johnston acquired 4,000 shares of the stock in a transaction on Wednesday, December 24th. The shares were purchased at an average price of C$131.52 per share, for a total transaction of C$526,080.00. Following the purchase, the director directly owned 53,793 shares in the company, valued at approximately C$7,074,855.36. The trade was a 8.03% increase in their ownership of the stock. 0.27% of the stock is owned by corporate insiders.

About Stantec

Stantec empowers clients, people, and communities to rise to the world’s greatest challenges at a time when the world faces more unprecedented concerns than ever before. We are a global leader in sustainable engineering, architecture, and environmental consulting. Our professionals deliver the expertise, technology, and innovation communities need to manage aging infrastructure, demographic and population changes, the energy transition, and more. Today’s communities transcend geographic borders.