Scotiabank Has Positive Forecast for Stantec FY2026 Earnings

Key Points

• Scotiabank raised its FY2026 EPS forecast for Stantec to $6.20 from $6.01 and maintains a “Sector Outperform” rating with a $133 target price. It projects FY2027 EPS of $6.66.
• Analyst sentiment remains positive, with eleven firms rating Stantec a Buy and MarketBeat reporting an average rating of “Buy” and an average target price of C$143, despite several recent target-price reductions.
• Stantec reported C$1.61 in quarterly EPS and C$2.23 billion in revenue, while two directors recently purchased shares. The stock opened at C$101.89, near its C$93.28–C$160.05 52-week range.

Stantec Inc. (TSE:STN - Free Report) NYSE: STN - Analysts at Scotiabank lifted their FY2026 earnings per share estimates for Stantec in a research report issued to clients and investors on Wednesday, August 19th. Scotiabank analyst J. Goldman now forecasts that the company will post earnings of $6.20 per share for the year, up from their prior estimate of $6.01. Scotiabank currently has a "Sector Outperform" rating and a $133.00 target price on the stock. Scotiabank also issued estimates for Stantec's FY2027 earnings at $6.66 EPS.

A number of other research firms also recently commented on STN. Raymond James Financial reduced their price objective on shares of Stantec from C$180.00 to C$165.00 in a report on Wednesday, April 29th. Desjardins set a C$169.00 target price on shares of Stantec and gave the company a "buy" rating in a research note on Friday, August 14th. Royal Bank Of Canada dropped their price target on shares of Stantec from C$148.00 to C$146.00 and set an "outperform" rating for the company in a research report on Friday, August 14th. ATB Cormark Capital Markets raised their price target 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, Canadian Imperial Bank of Commerce cut their price target on shares of Stantec from C$160.00 to C$137.00 and set an "outperformer" rating for the company in a research note on Wednesday, July 8th. Eleven research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of "Buy" and an average target price of C$143.00.

Stantec Stock Performance

Shares of Stantec stock opened at C$101.89 on Monday. The firm has a market capitalization of C$11.62 billion, a PE ratio of 23.00, a price-to-earnings-growth ratio of 1.46 and a beta of 0.70. The company has a debt-to-equity ratio of 80.98, a current ratio of 1.50 and a quick ratio of 1.46. The company's fifty day moving average price is C$99.22 and its two-hundred day moving average price is C$111.90. Stantec has a 52-week low of C$93.28 and a 52-week high of C$160.05.

Stantec (TSE:STN - Get Free Report) NYSE: STN last issued its earnings results on Wednesday, August 12th. The company reported C$1.61 EPS for the quarter. Stantec had a return on equity of 15.26% and a net margin of 6.23%.The firm had revenue of C$2.23 billion during the quarter.

Insiders Place Their Bets

In other news, Director Clayton Bock bought 1,485 shares of Stantec stock in a transaction dated Friday, June 26th. The shares were bought at an average price of C$94.85 per share, for a total transaction of C$140,852.25. Following the purchase, the director owned 4,895 shares of the company's stock, valued at approximately C$464,290.75. This trade represents a 43.55% increase in their ownership of the stock. Also, Director Douglas Keith Ammerman bought 681 shares of the stock in a transaction dated Thursday, July 2nd. The stock was purchased at an average cost of C$97.84 per share, for a total transaction of C$66,629.04. Following the acquisition, the director owned 42,512 shares in the company, valued at C$4,159,374.08. The trade was a 1.63% increase in their position. 0.27% of the stock is currently owned by company insiders.

About Stantec

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 engineering, architecture, 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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