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

Stantec Inc. (TSE:STN) (NYSE:STN) has been assigned a consensus rating of “Moderate Buy” from the ten analysts that are currently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is C$161.90.

STN has been the subject of several analyst reports. Royal Bank Of Canada increased their price objective on Stantec from C$168.00 to C$175.00 in a research report on Friday, February 27th. Stifel Nicolaus decreased 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. National Bank Financial increased their price target on Stantec from C$161.00 to C$163.00 and gave the stock an “outperform” rating in a report on Friday, February 27th. Scotiabank cut their price objective on Stantec from C$162.00 to C$146.00 and set an “outperform” rating for the company in a research report on Friday, February 27th. Finally, TD Securities reduced their price objective on shares of Stantec from C$183.00 to C$158.00 in a report on Tuesday, February 24th.

Stantec Stock Performance

TSE:STN opened at C$120.79 on Wednesday. The company’s 50-day moving average is C$128.80 and its two-hundred day moving average is C$138.53. Stantec has a 1-year low of C$109.74 and a 1-year high of C$160.05. The company has a debt-to-equity ratio of 96.66, a current ratio of 1.23 and a quick ratio of 1.46. The firm has a market capitalization of C$13.78 billion, a price-to-earnings ratio of 28.76, a PEG ratio of 1.46 and a beta of 0.71.

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

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.