Stantec (TSE:STN) Stock Price Breaks Above 200-Day Moving Average - Time to Sell?

Stantec Inc. (TSE:STN - Get Free Report) NYSE: STN's share price passed above its 200-day moving average during trading on Friday. The stock has a 200-day moving average of C$109.08 and traded as high as C$124.50. Stantec shares last traded at C$122.20, with a volume of 880,046 shares.

Analyst Upgrades and Downgrades

STN has been the topic of several research analyst reports. Desjardins set a C$169.00 price objective on Stantec and gave the company a "buy" rating in a research report on Friday, August 14th. Royal Bank Of Canada lowered their target price on shares of Stantec from C$148.00 to C$146.00 and set an "outperform" rating for the company in a research note on Friday, August 14th. Raymond James Financial increased their price target on Stantec from C$135.00 to C$140.00 and gave the stock an "outperform" rating in a research report on Friday. ATB Cormark Capital Markets boosted their price objective on shares of Stantec from C$130.00 to C$133.00 and gave the stock an "outperform" rating in a research note on Friday, August 14th. Finally, Scotia lowered their price target on shares of Stantec from C$133.00 to C$129.00 and set a "sector outperform" rating on the stock in a report on Friday, August 14th. Eleven analysts have rated the stock with a Buy rating. Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and an average target price of C$140.92.

Stantec Stock Performance

The firm's 50-day moving average price is C$100.08 and its two-hundred day moving average price is C$109.08. The company has a debt-to-equity ratio of 80.98, a quick ratio of 1.46 and a current ratio of 1.50. The stock has a market cap of C$13.74 billion, a price-to-earnings ratio of 27.58, a PEG ratio of 1.46 and a beta of 0.79.

Stantec (TSE:STN - Get Free Report) NYSE: STN last posted its earnings results on Thursday, November 12th. The company reported C$1.89 EPS for the quarter. Stantec had a return on equity of 15.26% and a net margin of 6.23%. The company had revenue of C$2.35 billion for the quarter.

Stantec Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Thursday, October 15th were issued a dividend of $0.2450 per share. The ex-dividend date of this dividend was Tuesday, September 29th. This represents a $0.98 dividend on an annualized basis and a yield of 0.8%. Stantec's dividend payout ratio (DPR) is presently 21.22%.

Insider Buying and Selling

In other Stantec news, Director Shelley Ann Marie Brown bought 393 shares of the business's stock in a transaction dated Thursday, October 1st. The shares were acquired at an average cost of C$95.91 per share, with a total value of C$37,692.63. Following the acquisition, the director directly owned 6,277 shares of the company's stock, valued at C$602,027.07. The trade was a 6.68% increase in their position. Also, Director Susan Reisbord bought 2,068 shares of Stantec stock in a transaction dated Monday, August 24th. The stock was acquired at an average cost of C$102.59 per share, with a total value of C$212,156.12. Following the completion of the acquisition, the director directly owned 8,253 shares of the company's stock, valued at approximately C$846,675.27. The trade was a 33.44% increase in their position. Company insiders own 0.27% of the company's stock.

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 architecture, engineering, 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.

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