Stantec Inc. (NYSE:STN) Receives $175.00 Average Price Target from Brokerages

Stantec Inc. (NYSE:STN) (TSE:STN) has received an average recommendation of “Moderate Buy” from the seven research firms that are covering the stock, MarketBeat reports. Two analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $175.00.

Several brokerages recently weighed in on STN. Zacks Research cut Stantec from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 13th. Weiss Ratings downgraded Stantec from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, June 1st. ATB Cormark Capital Markets raised Stantec from a “hold” rating to a “moderate buy” rating in a research report on Friday, May 15th. Wall Street Zen cut Stantec from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 13th. Finally, Royal Bank Of Canada lifted their price objective on shares of Stantec from $168.00 to $175.00 and gave the stock an “outperform” rating in a report on Monday, March 2nd.

Stantec Stock Down 0.6%

Shares of Stantec stock opened at $69.02 on Tuesday. The business has a 50-day moving average of $78.45 and a 200-day moving average of $88.14. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.35 and a quick ratio of 1.35. The company has a market capitalization of $7.87 billion, a PE ratio of 22.12 and a beta of 0.98. Stantec has a 1-year low of $66.94 and a 1-year high of $114.51.

Stantec (NYSE:STN) (TSE:STN) last announced its earnings results on Wednesday, May 13th. The business services provider reported $0.97 earnings per share for the quarter, beating the consensus estimate of $0.95 by $0.02. The company had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.23 billion. Stantec had a return on equity of 19.37% and a net margin of 5.92%.Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. As a group, equities analysts forecast that Stantec will post 4.5 EPS for the current fiscal year.

Stantec Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be issued a dividend of $0.245 per share. This represents a $0.98 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Tuesday, June 30th. Stantec’s dividend payout ratio is 22.44%.

Institutional Investors Weigh In On Stantec

A number of institutional investors have recently modified their holdings of the business. Jones Financial Companies Lllp lifted its holdings in Stantec by 1,504.9% in the first quarter. Jones Financial Companies Lllp now owns 1,958 shares of the business services provider’s stock worth $162,000 after acquiring an additional 1,836 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Stantec by 15.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 164,426 shares of the business services provider’s stock worth $13,621,000 after purchasing an additional 22,524 shares during the last quarter. Jane Street Group LLC lifted its holdings in shares of Stantec by 73.2% in the 1st quarter. Jane Street Group LLC now owns 22,066 shares of the business services provider’s stock worth $1,828,000 after purchasing an additional 9,325 shares during the last quarter. Cetera Investment Advisers bought a new stake in shares of Stantec in the 2nd quarter worth approximately $361,000. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of Stantec by 15.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,361 shares of the business services provider’s stock worth $148,000 after purchasing an additional 180 shares during the last quarter. Institutional investors 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.