Stantec (NYSE:STN) Hits New 12-Month Low – What’s Next?

Stantec Inc. (NYSE:STN) (TSE:STN) shares hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $82.85 and last traded at $83.1150, with a volume of 42218 shares changing hands. The stock had previously closed at $85.92.

Analysts Set New Price Targets

Several analysts have recently commented on STN shares. Weiss Ratings upgraded shares of Stantec from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, May 1st. Wall Street Zen raised Stantec from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Royal Bank Of Canada raised their target price on Stantec from $168.00 to $175.00 and gave the company an “outperform” rating in a report on Monday, March 2nd. Scotiabank restated an “outperform” rating on shares of Stantec in a research report on Thursday, January 22nd. Finally, Zacks Research raised shares of Stantec from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 14th. One equities research analyst has rated the stock with a Strong Buy rating and six have assigned a Buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $175.00.

Stantec Stock Performance

The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 0.47. The firm has a market capitalization of $9.54 billion, a PE ratio of 27.62 and a beta of 1.06. The stock’s 50 day moving average price is $89.30 and its two-hundred day moving average price is $95.40.

Stantec (NYSE:STN) (TSE:STN) last posted its earnings results on Wednesday, February 25th. The business services provider reported $0.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.87 by $0.03. The firm had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.65 billion. Stantec had a return on equity of 17.56% and a net margin of 5.90%.Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. On average, equities analysts expect that Stantec Inc. will post 4.47 earnings per share for the current year.

Stantec Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were given a dividend of $0.245 per share. The ex-dividend date was Tuesday, March 31st. This represents a $0.98 dividend on an annualized basis and a yield of 1.2%. This is a boost from Stantec’s previous quarterly dividend of $0.23. Stantec’s dividend payout ratio (DPR) is 23.18%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Westside Investment Management Inc. boosted its stake in shares of 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 last quarter. Allworth Financial LP boosted its position in Stantec by 223.9% during the fourth quarter. Allworth Financial LP now owns 298 shares of the business services provider’s stock worth $28,000 after acquiring an additional 206 shares during the last quarter. Caitong International Asset Management Co. Ltd grew its stake in Stantec by 264.9% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 343 shares of the business services provider’s stock worth $32,000 after acquiring an additional 249 shares during the period. Leonteq Securities AG purchased a new stake in Stantec in the 4th quarter worth approximately $37,000. Finally, Tower Research Capital LLC TRC raised 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 valued at $55,000 after acquiring an additional 411 shares during the last quarter. 63.86% of the stock is currently 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.