Stantec (NYSE:STN) Posts Quarterly Earnings Results, Beats Expectations By $0.01 EPS

Stantec (NYSE:STN) (TSE:STN) posted its quarterly earnings results on Wednesday. The business services provider reported $1.16 earnings per share for the quarter, topping the consensus estimate of $1.15 by $0.01, Zacks reports. Stantec had a return on equity of 19.37% and a net margin of 5.92%. Stantec updated its FY 2026 guidance to 4.370-4.490 EPS.

Stantec Stock Performance

STN stock traded down $0.14 on Wednesday, hitting $74.38. The company had a trading volume of 388,916 shares, compared to its average volume of 388,690. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.47. Stantec has a 12-month low of $66.26 and a 12-month high of $114.51. The stock has a market cap of $8.36 billion, a price-to-earnings ratio of 23.84 and a beta of 0.99. The stock’s 50-day simple moving average is $70.41 and its 200 day simple moving average is $82.37.

Analysts Set New Price Targets

STN has been the topic of a number of analyst reports. Zacks Research cut shares of Stantec from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 13th. Wall Street Zen lowered shares of Stantec from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 13th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Stantec in a report on Tuesday, May 19th. Weiss Ratings downgraded shares of Stantec from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday. Finally, ATB Cormark Capital Markets upgraded shares of Stantec from a “hold” rating to a “moderate buy” rating in a report on Friday, May 15th. Five analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $175.00.

Hedge Funds Weigh In On Stantec

Several hedge funds and other institutional investors have recently modified their holdings of STN. Caitong International Asset Management Co. Ltd boosted its stake in shares of Stantec by 264.9% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 343 shares of the business services provider’s stock worth $32,000 after buying an additional 249 shares during the last quarter. Tower Research Capital LLC TRC increased its position in Stantec by 423.7% during the second quarter. Tower Research Capital LLC TRC now owns 508 shares of the business services provider’s stock valued at $55,000 after acquiring an additional 411 shares during the last quarter. State of Wyoming bought a new position in Stantec in the fourth quarter valued at about $63,000. Kestra Advisory Services LLC purchased a new position in Stantec in the fourth quarter worth about $86,000. Finally, Danske Bank A S bought a new stake in shares of Stantec during the 3rd quarter valued at about $89,000. 63.86% of the stock is owned by institutional investors.

About Stantec

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.