Analysts Set Stantec Inc. (NYSE:STN) Target Price at $175.00

Stantec Inc. (NYSE:STN) (TSE:STN) has received a consensus recommendation of “Moderate Buy” from the seven analysts that are covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $175.00.

A number of analysts recently commented on STN shares. ATB Cormark Capital Markets upgraded Stantec from a “hold” rating to a “moderate buy” rating in a research report on Friday, May 15th. Zacks Research lowered shares of Stantec from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 13th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Stantec in a research report on Friday. Scotiabank reissued an “outperform” rating on shares of Stantec in a research note on Friday. Finally, Weiss Ratings lowered shares of Stantec from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, August 11th.

Stantec Trading Down 0.1%

Shares of NYSE STN opened at $74.22 on Wednesday. Stantec has a 1-year low of $66.26 and a 1-year high of $114.51. The company has a market cap of $8.34 billion, a PE ratio of 23.12 and a beta of 0.99. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 0.54. The company has a 50-day moving average of $70.42 and a two-hundred day moving average of $81.43.

Stantec (NYSE:STN) (TSE:STN) last released its quarterly earnings results on Wednesday, August 12th. The business services provider reported $1.16 EPS for the quarter, beating the consensus estimate of $1.15 by $0.01. Stantec had a net margin of 5.91% and a return on equity of 19.70%. The business had revenue of $1.25 billion for the quarter, compared to analysts’ expectations of $1.26 billion. Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. As a group, equities analysts expect that Stantec will post 4.45 earnings per share for the current fiscal year.

Stantec Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Tuesday, September 29th will be given a dividend of $0.245 per share. The ex-dividend date is Tuesday, September 29th. This represents a $0.98 annualized dividend and a dividend yield of 1.3%. Stantec’s payout ratio is presently 21.50%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in STN. Man Group plc acquired a new stake in shares of Stantec during the second quarter worth $121,285,000. Alliancebernstein L.P. lifted its stake in Stantec by 82.4% in the second quarter. Alliancebernstein L.P. now owns 3,449,311 shares of the business services provider’s stock valued at $374,871,000 after buying an additional 1,558,703 shares during the period. Bank of America Corp DE bought a new position in Stantec during the second quarter worth about $104,075,000. The Manufacturers Life Insurance Company bought a new position in Stantec during the second quarter worth about $98,396,000. Finally, Norges Bank acquired a new position in shares of Stantec during the 4th quarter worth about $124,217,000. Institutional investors and hedge funds own 63.86% of the company’s stock.

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.