Stantec Inc. (TSE:STN) Given Average Rating of "Moderate Buy" by Brokerages

Key Points

• Consensus "Moderate Buy": Ten analysts cover Stantec with a consensus Moderate Buy rating (nine buys, one hold) and an average 12‑month price target of C$159.00.
• Current trading and valuation: Stantec opened at C$125.49, has a 52‑week range of C$114.84–C$160.05, a market cap of C$14.31 billion and a P/E of 29.88.
• Recent financials: In the latest quarter Stantec reported EPS of C$0.82, revenue of C$2.12 billion, return on equity of 15.28% and a net margin of 6.47%.

Shares of Stantec Inc. (TSE:STN - Get Free Report) NYSE: STN have earned a consensus recommendation of "Moderate Buy" from the ten analysts that are presently covering the company, Marketbeat.com reports. One analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is C$159.00.

A number of equities research analysts have recently issued reports on the company. Scotiabank reduced their price objective on Stantec from C$162.00 to C$146.00 and set an "outperform" rating for the company in a report on Friday, February 27th. Royal Bank Of Canada boosted their price objective on Stantec from C$168.00 to C$175.00 in a report on Friday, February 27th. TD Securities reduced their price objective on Stantec from C$183.00 to C$158.00 in a report on Tuesday, February 24th. Desjardins boosted their price objective on Stantec from C$173.00 to C$178.00 and gave the stock a "buy" rating in a report on Friday, February 27th. Finally, Stifel Nicolaus reduced their price objective on Stantec from C$160.00 to C$140.00 and set a "buy" rating for the company in a report on Thursday, April 30th.

Stantec Trading Down 0.1%

Stantec stock opened at C$125.49 on Thursday. Stantec has a 52 week low of C$114.84 and a 52 week high of C$160.05. The company has a debt-to-equity ratio of 96.66, a quick ratio of 1.46 and a current ratio of 1.23. The stock has a market capitalization of C$14.31 billion, a P/E ratio of 29.88, a PEG ratio of 1.46 and a beta of 0.76. The stock has a 50-day simple moving average of C$122.84 and a 200 day simple moving average of C$132.38.

Stantec (TSE:STN - Get Free Report) NYSE: STN last posted its quarterly earnings results on Wednesday, February 25th. The company reported C$0.82 EPS for the quarter. Stantec had a return on equity of 15.28% and a net margin of 6.47%.The business had revenue of C$2.12 billion during the quarter.

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 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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