Scotiabank Analysts Increase Earnings Estimates for Stantec

Stantec Inc. (TSE:STN) (NYSE:STN) – Investment analysts at Scotiabank lifted their FY2026 EPS estimates for shares of Stantec in a report issued on Wednesday, May 20th. Scotiabank analyst J. Goldman now anticipates that the company will post earnings of $6.20 per share for the year, up from their previous estimate of $6.15. Scotiabank has a “Outperform” rating and a $146.00 price target on the stock.

Several other equities research analysts have also recently commented on the stock. Canadian Imperial Bank of Commerce cut their price target on shares of Stantec from C$173.00 to C$160.00 in a research report on Tuesday. Desjardins decreased their price target on shares of Stantec from C$178.00 to C$171.00 and set a “buy” rating on the stock in a research note on Friday, May 15th. Scotia decreased their price target on shares of Stantec from C$146.00 to C$138.00 and set a “sector outperform” rating on the stock in a research note on Friday, May 15th. Royal Bank Of Canada cut their price objective on shares of Stantec from C$175.00 to C$155.00 in a report on Friday, May 15th. Finally, TD cut their price target on shares of Stantec from C$158.00 to C$132.00 and set a “buy” rating for the company in a report on Friday, May 15th. Thirteen equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of C$150.54.

Stantec Trading Down 2.7%

Shares of TSE:STN opened at C$102.83 on Thursday. The company’s 50-day moving average price is C$119.82 and its two-hundred day moving average price is C$129.10. The company has a debt-to-equity ratio of 76.67, a current ratio of 1.35 and a quick ratio of 1.46. Stantec has a one year low of C$99.67 and a one year high of C$160.05. The stock has a market capitalization of C$11.73 billion, a PE ratio of 23.97, a price-to-earnings-growth ratio of 1.46 and a beta of 0.76.

Stantec (TSE:STN) (NYSE:STN) last posted its quarterly earnings data on Wednesday, May 13th. The company reported C$1.33 EPS for the quarter. Stantec had a net margin of 6.19% and a return on equity of 15.21%. The business had revenue of C$2.07 billion for the quarter.

Stantec Company Profile

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.