Stantec (NYSE:STN - Get Free Report) TSE: STN was upgraded by stock analysts at Wall Street Zen from a "buy" rating to a "strong-buy" rating in a research report issued to clients and investors on Saturday.
Other analysts have also recently issued research reports about the company. Zacks Research raised Stantec from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, April 14th. Royal Bank Of Canada upped their target price on Stantec from $168.00 to $175.00 and gave the company an "outperform" rating in a research report on Monday, March 2nd. Scotiabank reiterated an "outperform" rating on shares of Stantec in a research note on Thursday, January 22nd. Finally, Weiss Ratings raised Stantec from a "hold (c+)" rating to a "buy (b-)" rating in a report on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating and six have issued a Buy rating to the company. According to data from MarketBeat, Stantec presently has an average rating of "Buy" and an average price target of $175.00.
Check Out Our Latest Research Report on Stantec
Stantec Trading Down 4.1%
NYSE STN opened at $87.41 on Friday. Stantec has a 52 week low of $84.08 and a 52 week high of $114.51. The company has a 50 day moving average price of $89.55 and a 200 day moving average price of $95.76. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 0.47. The firm has a market cap of $9.97 billion, a PE ratio of 28.95 and a beta of 1.06.
Stantec (NYSE:STN - Get Free Report) TSE: STN last announced its earnings results on Wednesday, February 25th. The business services provider reported $0.90 earnings per share for the quarter, beating the consensus estimate of $0.87 by $0.03. Stantec had a net margin of 5.90% and a return on equity of 17.56%. The company had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.65 billion. Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. As a group, sell-side analysts forecast that Stantec will post 4.47 EPS for the current fiscal year.
Institutional Investors Weigh In On Stantec
Several large investors have recently bought and sold shares of the company. Wolverine Trading LLC lifted its position in shares of Stantec by 2.4% in the third quarter. Wolverine Trading LLC now owns 5,211 shares of the business services provider's stock valued at $551,000 after acquiring an additional 120 shares in the last quarter. Harvest Portfolios Group Inc. increased its position in shares of Stantec by 4.1% during the third quarter. Harvest Portfolios Group Inc. now owns 3,120 shares of the business services provider's stock worth $336,000 after purchasing an additional 122 shares in the last quarter. Westside Investment Management Inc. raised its stake in Stantec by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 252 shares of the business services provider's stock valued at $27,000 after purchasing an additional 126 shares during the last quarter. Parallel Advisors LLC raised its stake in Stantec by 15.3% in the 4th quarter. Parallel Advisors LLC now owns 1,004 shares of the business services provider's stock valued at $95,000 after purchasing an additional 133 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its holdings in Stantec by 15.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,361 shares of the business services provider's stock valued at $148,000 after purchasing an additional 180 shares in the last quarter. 63.86% of the stock is currently owned by hedge funds and other institutional investors.
Stantec Company Profile
(
Get Free Report)
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.
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