Stantec Inc. (TSE:STN) Director Asifa Samji Acquires 95 Shares

Stantec Inc. (TSE:STN) (NYSE:STN) Director Asifa Samji bought 95 shares of Stantec stock in a transaction dated Tuesday, September 3rd. The shares were bought at an average cost of C$109.97 per share, for a total transaction of C$10,447.15. Following the completion of the transaction, the director now owns 935 shares of the company’s stock, valued at approximately C$102,821.95.

Asifa Samji also recently made the following trade(s):

• On Wednesday, August 14th, Asifa Samji bought 300 shares of Stantec stock. The stock was purchased at an average price of C$109.75 per share, with a total value of C$32,925.00.

Stantec Stock Performance

STN traded down C$0.39 on Tuesday, reaching C$109.98. 311,391 shares of the stock were exchanged, compared to its average volume of 250,206. The company has a debt-to-equity ratio of 80.74, a current ratio of 1.39 and a quick ratio of 1.46. The company’s 50-day moving average price is C$115.15 and its 200 day moving average price is C$113.19. The firm has a market capitalization of C$12.55 billion, a PE ratio of 36.18, a PEG ratio of 1.46 and a beta of 0.83. Stantec Inc. has a fifty-two week low of C$82.50 and a fifty-two week high of C$122.57.

Stantec (TSE:STN) (NYSE:STN) last released its earnings results on Wednesday, August 7th. The company reported C$1.12 EPS for the quarter, topping analysts’ consensus estimates of C$1.11 by C$0.01. The firm had revenue of C$1.49 billion during the quarter, compared to the consensus estimate of C$1.49 billion. Stantec had a return on equity of 12.91% and a net margin of 6.31%.

Stantec Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Friday, September 27th will be issued a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 0.76%. The ex-dividend date of this dividend is Friday, September 27th. Stantec’s dividend payout ratio (DPR) is 27.63%.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. National Bankshares lifted their price objective on Stantec from C$126.00 to C$128.00 in a report on Friday, May 10th. Royal Bank of Canada boosted their price target on shares of Stantec from C$123.00 to C$125.00 in a report on Friday, May 10th. BMO Capital Markets increased their price objective on shares of Stantec from C$128.00 to C$131.00 in a research note on Wednesday, July 24th. Finally, Raymond James downgraded shares of Stantec from an “outperform” rating to a “market perform” rating and reduced their price objective for the stock from C$125.00 to C$120.00 in a research note on Thursday, August 8th. Five analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, Stantec has a consensus rating of “Moderate Buy” and an average price target of C$120.69.

Stantec Company Profile

Stantec Inc provides professional services in the areas of infrastructure and facilities to the public and private sectors in Canada, the United States, and internationally. It offers evaluation, planning, and designing infrastructure solutions; solutions for sustainable water resources, planning, management, and infrastructure; environmental services; integrated architecture, engineering, interior design, and planning solutions for buildings; and energy and resources solutions.