Stantec (NYSE:STN) Stock Rating Upgraded by Wall Street Zen

Stantec (NYSE:STN) (TSE:STN) was upgraded by investment analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Saturday, Wall Street Zen reports.

A number of other research firms also recently issued reports on STN. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Stantec in a research report on Friday, August 14th. Weiss Ratings raised Stantec from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, October 8th. Finally, Scotiabank restated an “outperform” rating on shares of Stantec in a report on Friday, August 14th. Five equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $175.00.

Stantec Stock Up 14.1%

Shares of NYSE STN opened at $85.73 on Friday. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 0.54. Stantec has a 52 week low of $65.35 and a 52 week high of $108.40. The firm has a 50-day moving average price of $71.07 and a 200 day moving average price of $78.57. The stock has a market capitalization of $9.43 billion, a price-to-earnings ratio of 25.29 and a beta of 0.94.

Stantec (NYSE:STN) (TSE:STN) last released its quarterly earnings data on Thursday, November 12th. The business services provider reported $1.35 EPS for the quarter, topping analysts’ consensus estimates of $1.26 by $0.09. Stantec had a net margin of 6.10% and a return on equity of 20.61%. The firm had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.30 billion. Stantec has set its FY 2026 guidance at 4.430-4.510 EPS. Equities research analysts anticipate that Stantec will post 4.42 EPS for the current fiscal year.

Institutional Trading of Stantec

Several large investors have recently modified their holdings of STN. Pictet Asset Management Holding SA increased its stake in shares of Stantec by 7.9% during the 3rd quarter. Pictet Asset Management Holding SA now owns 2,093,951 shares of the business services provider’s stock worth $141,499,000 after purchasing an additional 153,576 shares in the last quarter. Man Group plc purchased a new stake in Stantec in the 2nd quarter valued at approximately $121,285,000. Cardinal Capital Management Inc. acquired a new stake in Stantec during the 3rd quarter valued at $109,514,000. BCV Asset Management Inc. grew its holdings in Stantec by 50.9% during the 3rd quarter. BCV Asset Management Inc. now owns 1,582,213 shares of the business services provider’s stock valued at $107,376,000 after buying an additional 533,393 shares during the last quarter. Finally, Bank of America Corp DE acquired a new stake in Stantec during the 2nd quarter valued at $104,075,000. 63.86% of the stock is currently owned by institutional investors and hedge funds.

Latest Stantec News

These are some of the STN news items that stood out recently:

• Positive Sentiment: Stantec reported quarterly adjusted EPS of $1.35, above the $1.26 consensus and up from $1.11 a year earlier. Revenue of $1.31 billion also beat estimates of $1.30 billion. Zacks article
• Positive Sentiment: The company highlighted strong net revenue growth and a record adjusted EBITDA margin, and raised its profitability outlook—supporting the view that operating performance is improving. Business Insider article
• Neutral Sentiment: One analysis said the shares may be close to fair value despite strong growth forecasts, which could limit further gains if results do not continue to exceed expectations. Motley Fool article

About Stantec

Stantec is a global professional services firm that provides engineering, architecture, environmental consulting, and related services. Its work supports the planning, design, and delivery of projects in areas including water, transportation, buildings, energy, and community development. Founded in Edmonton, Alberta, in 1954 as D.R. Stanley Associates, the company later adopted the Stantec name. It is headquartered in Edmonton and serves public- and private-sector clients across North America and in international markets.