Stantec (NYSE:STN) Raised to Buy at Wall Street Zen

Key Points

• Wall Street Zen upgraded Stantec from Hold to Buy. Overall, five analysts rate the shares Buy and two Hold, with a consensus “Moderate Buy” rating and a $175 price target.
• Stantec beat quarterly estimates, reporting EPS of $1.35 versus $1.26 expected and revenue of $1.31 billion versus $1.30 billion. The company also raised its profitability outlook and set FY 2026 EPS guidance of $4.43–$4.51.
• Institutional investors and hedge funds own 63.86% of Stantec’s shares; several large investors recently established new positions.

Stantec (NYSE:STN - Get Free Report) TSE: STN was upgraded by equities researchers at Wall Street Zen from a "hold" rating to a "buy" rating in a research note issued on Saturday, Wall Street Zen reports.

A number of other equities research analysts have also recently commented on STN. Canadian Imperial Bank of Commerce reaffirmed an "outperform" rating on shares of Stantec in a report on Friday, August 14th. Scotiabank reiterated an "outperform" rating on shares of Stantec in a research note on Friday, August 14th. Finally, Weiss Ratings raised Stantec from a "hold (c-)" rating to a "hold (c)" rating in a report on Thursday, October 8th. Five research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Stantec currently has an average rating of "Moderate Buy" and a consensus price target of $175.00.

Stantec Stock Performance

Shares of Stantec stock opened at $85.73 on Friday. The firm's fifty day simple moving average is $71.07 and its 200-day simple moving average is $78.57. Stantec has a 12 month low of $65.35 and a 12 month high of $108.40. The stock has a market capitalization of $9.43 billion, a price-to-earnings ratio of 25.29 and a beta of 0.94. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.50 and a quick ratio of 1.50.

Stantec (NYSE:STN - Get Free Report) TSE: STN last issued its quarterly earnings results on Thursday, November 12th. The business services provider reported $1.35 earnings per share for the quarter, topping analysts' consensus estimates of $1.26 by $0.09. The firm had revenue of $1.31 billion during the quarter, compared to analysts' expectations of $1.30 billion. Stantec had a net margin of 6.10% and a return on equity of 20.61%. Stantec has set its FY 2026 guidance at 4.430-4.510 EPS. As a group, equities analysts forecast that Stantec will post 4.42 earnings per share for the current year.

Hedge Funds Weigh In On Stantec

Several institutional investors have recently bought and sold shares of STN. Man Group plc acquired a new stake in shares of Stantec in the 2nd quarter valued at approximately $121,285,000. Cardinal Capital Management Inc. purchased a new stake in shares of Stantec in the third quarter valued at approximately $109,514,000. Bank of America Corp DE acquired a new position in Stantec during the second quarter worth $104,075,000. The Manufacturers Life Insurance Company acquired a new position in Stantec during the second quarter worth $98,396,000. Finally, Canada Pension Plan Investment Board acquired a new position in Stantec during the second quarter worth $79,047,000. 63.86% of the stock is owned by institutional investors and hedge funds.

Key Stantec News

Here's some of the latest news about STN:

• Positive Sentiment: Stantec reported quarterly adjusted EPS of $1.35, above the $1.26 consensus and up from $1.11 a year earlier. Revenue of $1.31 billion also beat estimates of $1.30 billion. Zacks article
• Positive Sentiment: The company highlighted strong net revenue growth and a record adjusted EBITDA margin, and raised its profitability outlook—supporting the view that operating performance is improving. Business Insider article
• Neutral Sentiment: One analysis said the shares may be close to fair value despite strong growth forecasts, which could limit further gains if results do not continue to exceed expectations. Motley Fool article

About Stantec

Stantec is a global professional services firm that provides engineering, architecture, environmental consulting, and related services. Its work supports the planning, design, and delivery of projects in areas including water, transportation, buildings, energy, and community development. Founded in Edmonton, Alberta, in 1954 as D.R. Stanley Associates, the company later adopted the Stantec name. It is headquartered in Edmonton and serves public- and private-sector clients across North America and in international markets.

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