Stantec Inc. (TSE:STN) Receives C$150.54 Consensus Target Price from Analysts

Stantec Inc. (TSE:STN) (NYSE:STN) has been assigned a consensus recommendation of “Buy” from the thirteen brokerages that are currently covering the stock, MarketBeat Ratings reports. Thirteen research analysts have rated the stock with a buy rating. The average 1 year target price among brokers that have issued ratings on the stock in the last year is C$150.54.

A number of research firms have issued reports on STN. Scotia reduced their target price on shares of Stantec from C$146.00 to C$138.00 and set a “sector outperform” rating on the stock in a report on Friday, May 15th. Royal Bank Of Canada cut their price objective on Stantec from C$175.00 to C$155.00 in a research report on Friday, May 15th. TD reduced their price objective on Stantec from C$158.00 to C$132.00 and set a “buy” rating on the stock in a research note on Friday, May 15th. Stifel Nicolaus decreased their target price on Stantec from C$160.00 to C$140.00 and set a “buy” rating for the company in a report on Thursday, April 30th. Finally, National Bank Financial lowered their target price on Stantec from C$163.00 to C$143.00 and set an “outperform” rating for the company in a research note on Wednesday, April 8th.

Insider Activity

In related news, Director Clayton Bock acquired 1,485 shares of the firm’s stock in a transaction dated Friday, June 26th. The stock was acquired at an average price of C$94.85 per share, for a total transaction of C$140,852.25. Following the purchase, the director owned 4,895 shares of the company’s stock, valued at C$464,290.75. This represents a 43.55% increase in their position. Insiders own 0.27% of the company’s stock.

Stantec Stock Down 0.2%

Shares of TSE:STN opened at C$97.82 on Friday. The firm has a market capitalization of C$11.16 billion, a PE ratio of 22.80, a price-to-earnings-growth ratio of 1.46 and a beta of 0.76. Stantec has a 1 year low of C$94.79 and a 1 year high of C$160.05. The company has a debt-to-equity ratio of 76.67, a current ratio of 1.35 and a quick ratio of 1.46. The firm’s 50-day moving average is C$108.01 and its two-hundred day moving average is C$121.06.

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. The business had revenue of C$2.07 billion during the quarter. Stantec had a net margin of 6.19% and a return on equity of 15.21%.

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.