Scotiabank Has Optimistic Outlook of Stantec FY2026 Earnings

Stantec Inc. (TSE:STN) (NYSE:STN) – Stock analysts at Scotiabank boosted their FY2026 earnings per share (EPS) estimates for Stantec in a research report issued to clients and investors on Thursday, March 5th. Scotiabank analyst J. Goldman now forecasts that the company will earn $6.11 per share for the year, up from their prior forecast of $5.96. Scotiabank currently has a “Outperform” rating and a $146.00 price target on the stock. Scotiabank also issued estimates for Stantec’s FY2027 earnings at $6.64 EPS.

STN has been the subject of a number of other reports. Royal Bank Of Canada increased their price target on shares of Stantec from C$168.00 to C$175.00 in a research note on Friday, February 27th. Desjardins upped their target price on Stantec from C$173.00 to C$178.00 and gave the stock a “buy” rating in a report on Friday, February 27th. National Bank Financial increased their target price on Stantec from C$161.00 to C$163.00 and gave the stock an “outperform” rating in a research report on Friday, February 27th. TD Securities dropped their price target on Stantec from C$183.00 to C$158.00 in a research report on Tuesday, February 24th. Finally, Stifel Nicolaus reduced their price target on Stantec from C$172.00 to C$154.00 and set a “buy” rating on the stock in a research note on Friday, February 27th. Nine investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of C$161.90.

Stantec Trading Down 1.6%

TSE:STN opened at C$122.98 on Friday. The company has a 50-day moving average price of C$131.63 and a 200-day moving average price of C$141.03. The stock has a market cap of C$14.03 billion, a price-to-earnings ratio of 29.00, a P/E/G ratio of 1.46 and a beta of 0.71. The company has a current ratio of 1.23, a quick ratio of 1.46 and a debt-to-equity ratio of 96.66. Stantec has a 12 month low of C$109.74 and a 12 month high of C$160.05.

Stantec (TSE:STN) (NYSE:STN) last announced its quarterly earnings results on Wednesday, February 25th. The company reported C$0.82 EPS for the quarter. The company had revenue of C$2.12 billion during the quarter. Stantec had a return on equity of 15.28% and a net margin of 6.47%.

Insider Activity

In other news, Director Gordon Allan Johnston bought 4,000 shares of the company’s stock in a transaction dated 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 completion of the purchase, the director owned 53,793 shares in the company, valued at approximately C$7,074,855.36. This represents a 8.03% increase in their position. Corporate insiders own 0.27% of the company’s stock.

Stantec Company Profile

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.