Stantec (NYSE:STN) Upgraded at Wall Street Zen

Stantec (NYSE:STN) (TSE:STN) was upgraded by Wall Street Zen from a “buy” rating to a “strong-buy” rating in a research note issued to investors on Saturday.

A number of other research firms also recently weighed in on STN. Royal Bank Of Canada reiterated an “outperform” rating on shares of Stantec in a report on Monday, November 17th. Desjardins restated a “buy” rating on shares of Stantec in a research report on Monday, November 17th. Scotiabank reaffirmed an “outperform” rating on shares of Stantec in a research note on Thursday, January 22nd. CIBC reissued an “outperform” rating on shares of Stantec in a research report on Monday, October 20th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Stantec in a research report on Wednesday, January 21st. Seven analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Stantec Stock Performance

NYSE:STN opened at $99.03 on Friday. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 0.53. The firm’s fifty day simple moving average is $96.85 and its 200 day simple moving average is $104.70. The stock has a market cap of $11.30 billion, a P/E ratio of 32.57 and a beta of 1.10. Stantec has a twelve month low of $73.18 and a twelve month high of $114.51.

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

Institutional Trading of Stantec

Several institutional investors have recently bought and sold shares of STN. Westside Investment Management Inc. increased its stake in Stantec by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 252 shares of the business services provider’s stock valued at $27,000 after purchasing an additional 126 shares in the last quarter. Simplex Trading LLC purchased a new stake in shares of Stantec during the second quarter valued at approximately $32,000. Caitong International Asset Management Co. Ltd increased its position in shares of Stantec by 4,700.0% during the second quarter. Caitong International Asset Management Co. Ltd now owns 384 shares of the business services provider’s stock valued at $42,000 after acquiring an additional 376 shares in the last quarter. Tower Research Capital LLC TRC increased its position in shares of Stantec by 423.7% during the second quarter. Tower Research Capital LLC TRC now owns 508 shares of the business services provider’s stock valued at $55,000 after acquiring an additional 411 shares in the last quarter. Finally, Toth Financial Advisory Corp purchased a new position in Stantec in the 4th quarter worth approximately $57,000. 63.86% of the stock is owned by hedge funds and other institutional investors.

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.