Analysts expect that SPDR MSCI Europe Energy UCITS ETF (NYSE:STN) (TSE:STN) will announce $0.35 earnings per share (EPS) for the current quarter, according to Zacks. Four analysts have provided estimates for SPDR MSCI Europe Energy UCITS ETF’s earnings, with the highest EPS estimate coming in at $0.37 and the lowest estimate coming in at $0.32. SPDR MSCI Europe Energy UCITS ETF posted earnings per share of $0.28 in the same quarter last year, which would indicate a positive year over year growth rate of 25%. The company is scheduled to issue its next quarterly earnings report before the market opens on Wednesday, August 9th.

According to Zacks, analysts expect that SPDR MSCI Europe Energy UCITS ETF will report full-year earnings of $1.41 per share for the current year, with EPS estimates ranging from $1.36 to $1.51. For the next financial year, analysts expect that the business will post earnings of $1.68 per share, with EPS estimates ranging from $1.66 to $1.69. Zacks’ earnings per share calculations are a mean average based on a survey of research analysts that follow SPDR MSCI Europe Energy UCITS ETF.

Several research firms recently issued reports on STN. Zacks Investment Research cut shares of SPDR MSCI Europe Energy UCITS ETF from a “buy” rating to a “hold” rating in a research note on Tuesday, July 18th. BidaskClub upgraded shares of SPDR MSCI Europe Energy UCITS ETF from a “sell” rating to a “hold” rating in a research note on Thursday, June 29th. Finally, Desjardins upgraded shares of SPDR MSCI Europe Energy UCITS ETF from a “hold” rating to a “buy” rating in a research note on Friday, May 12th. Six analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. SPDR MSCI Europe Energy UCITS ETF presently has a consensus rating of “Hold” and a consensus target price of $32.33.

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Large investors have recently modified their holdings of the company. FMR LLC raised its stake in shares of SPDR MSCI Europe Energy UCITS ETF by 44.2% in the first quarter. FMR LLC now owns 6,965,250 shares of the business services provider’s stock valued at $180,751,000 after buying an additional 2,136,100 shares during the last quarter. Norges Bank bought a new stake in shares of SPDR MSCI Europe Energy UCITS ETF during the fourth quarter valued at approximately $24,742,000. Jones Collombin Investment Counsel Inc raised its stake in shares of SPDR MSCI Europe Energy UCITS ETF by 2,774.2% in the first quarter. Jones Collombin Investment Counsel Inc now owns 279,660 shares of the business services provider’s stock valued at $7,247,000 after buying an additional 269,930 shares during the last quarter. Water Asset Management LLC raised its stake in shares of SPDR MSCI Europe Energy UCITS ETF by 471.7% in the first quarter. Water Asset Management LLC now owns 304,537 shares of the business services provider’s stock valued at $7,888,000 after buying an additional 251,269 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA raised its stake in shares of SPDR MSCI Europe Energy UCITS ETF by 18.8% in the first quarter. Massachusetts Financial Services Co. MA now owns 956,715 shares of the business services provider’s stock valued at $24,779,000 after buying an additional 151,257 shares during the last quarter. 57.47% of the stock is owned by institutional investors.

SPDR MSCI Europe Energy UCITS ETF (STN) traded down 0.2236% on Thursday, reaching $25.3931. 8,579 shares of the company’s stock traded hands. The stock has a market cap of $2.90 billion, a price-to-earnings ratio of 85.7875 and a beta of 1.62. The stock has a 50 day moving average price of $24.76 and a 200 day moving average price of $25.36. SPDR MSCI Europe Energy UCITS ETF has a 12-month low of $21.50 and a 12-month high of $28.05.

The business also recently declared a quarterly dividend, which was paid on Thursday, July 13th. Investors of record on Friday, June 30th were issued a $0.0913 dividend. This represents a $0.37 annualized dividend and a yield of 1.43%. The ex-dividend date was Wednesday, June 28th. SPDR MSCI Europe Energy UCITS ETF’s payout ratio is presently 123.33%.

About SPDR MSCI Europe Energy UCITS ETF

Stantec Inc is a provider of professional services in the area of infrastructure and facilities for clients in the public and private sectors. The Company’s operates through four segments Consulting Services-Canada, Consulting Services-United States, Consulting Services-Global and Construction Services.

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Earnings History and Estimates for SPDR MSCI Europe Energy UCITS ETF (NYSE:STN)

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