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

Stantec Inc. (NYSE:STN) (TSE:STN) has received an average rating of “Moderate Buy” from the seven ratings firms that are currently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $175.00.

Several research analysts have commented on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Stantec in a report on Wednesday, January 21st. Zacks Research upgraded Stantec from a “strong sell” rating to a “hold” rating in a research report on Wednesday, January 21st. Wall Street Zen raised Stantec from a “buy” rating to a “strong-buy” rating in a research note on Saturday, January 31st. Royal Bank Of Canada raised their price target on Stantec from $168.00 to $175.00 and gave the company an “outperform” rating in a report on Monday, March 2nd. Finally, Scotiabank reaffirmed an “outperform” rating on shares of Stantec in a research note on Thursday, January 22nd.

Stantec Trading Down 2.3%

Stantec stock opened at $86.78 on Friday. Stantec has a 1 year low of $77.07 and a 1 year high of $114.51. The firm’s 50 day moving average price is $94.54 and its 200-day moving average price is $100.50. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.23 and a quick ratio of 1.23. The stock has a market cap of $9.90 billion, a P/E ratio of 28.74 and a beta of 1.12.

Stantec (NYSE:STN) (TSE:STN) last issued its earnings results on Wednesday, February 25th. The business services provider reported $0.90 earnings per share for the quarter, topping analysts’ consensus estimates of $0.87 by $0.03. The firm had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.65 billion. Stantec had a net margin of 5.90% and a return on equity of 17.56%. Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. On average, equities analysts predict that Stantec will post 3.05 earnings per share for the current fiscal year.

Stantec Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be issued a $0.245 dividend. This represents a $0.98 dividend on an annualized basis and a dividend yield of 1.1%. This is a boost from Stantec’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Tuesday, March 31st. Stantec’s payout ratio is 21.85%.

Hedge Funds Weigh In On Stantec

Institutional investors and hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. raised its position in shares of Stantec by 1.9% during the 4th quarter. Vanguard Group Inc. now owns 4,966,062 shares of the business services provider’s stock valued at $468,622,000 after buying an additional 92,641 shares in the last quarter. Bank of Montreal Can grew its position in Stantec by 25.2% in the fourth quarter. Bank of Montreal Can now owns 4,464,733 shares of the business services provider’s stock worth $421,321,000 after acquiring an additional 897,912 shares in the last quarter. Royal Bank of Canada increased its stake in Stantec by 2.9% during the fourth quarter. Royal Bank of Canada now owns 4,131,944 shares of the business services provider’s stock worth $389,890,000 after acquiring an additional 117,613 shares during the last quarter. Alliancebernstein L.P. increased its stake in Stantec by 0.8% during the third quarter. Alliancebernstein L.P. now owns 3,475,699 shares of the business services provider’s stock worth $374,680,000 after acquiring an additional 26,388 shares during the last quarter. Finally, Fiera Capital Corp raised its position in Stantec by 3.5% during the third quarter. Fiera Capital Corp now owns 2,469,545 shares of the business services provider’s stock valued at $266,236,000 after purchasing an additional 84,251 shares during the period. 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.