Stantec Inc. (TSE:STN - Get Free Report) NYSE: STN reached a new 52-week high on Wednesday . The company traded as high as C$150.60 and last traded at C$150.58, with a volume of 62077 shares. The stock had previously closed at C$149.29.
Analysts Set New Price Targets
A number of equities analysts have weighed in on STN shares. Stifel Nicolaus upped their price target on Stantec from C$143.00 to C$156.00 and gave the stock a "buy" rating in a report on Thursday, May 22nd. National Bankshares upped their price target on Stantec from C$144.00 to C$147.00 and gave the stock an "outperform" rating in a report on Thursday, May 22nd. Scotiabank upped their price target on Stantec from C$144.00 to C$146.00 and gave the stock an "outperform" rating in a report on Thursday, May 22nd. Royal Bank Of Canada upped their price target on Stantec from C$138.00 to C$150.00 and gave the stock an "outperform" rating in a report on Thursday, May 22nd. Finally, CIBC upped their price target on Stantec from C$141.00 to C$156.00 in a report on Thursday, May 22nd. One equities research analyst has rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Stantec presently has a consensus rating of "Buy" and an average price target of C$148.42.
Check Out Our Latest Report on STN
Stantec Stock Performance
The company has a market capitalization of C$17.21 billion, a PE ratio of 50.38, a PEG ratio of 1.46 and a beta of 0.82. The company has a debt-to-equity ratio of 85.29, a quick ratio of 1.46 and a current ratio of 1.42. The company has a 50 day moving average price of C$142.77 and a 200 day moving average price of C$125.15.
Stantec Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Tuesday, July 15th will be paid a dividend of $0.225 per share. This represents a $0.90 annualized dividend and a dividend yield of 0.60%. The ex-dividend date of this dividend is Monday, June 30th. Stantec's dividend payout ratio (DPR) is currently 28.03%.
Insider Activity at Stantec
In other news, Director Susan Reisbord acquired 2,785 shares of Stantec stock in a transaction that occurred on Thursday, June 26th. The shares were purchased at an average cost of C$147.74 per share, for a total transaction of C$411,458.13. Also, Director Clayton Bock acquired 1,250 shares of Stantec stock in a transaction that occurred on Thursday, May 22nd. The shares were purchased at an average price of C$139.51 per share, for a total transaction of C$174,392.88. Corporate insiders own 0.27% of the company's stock.
Stantec Company Profile
(
Get Free Report)
Stantec Inc is a sustainable engineering, architecture, and environmental consulting company. The company is geographically diversified in three regional operating units namely Canada, the United States and Global, offering similar services across all regions. The company offers services in various sectors across the project life cycle through five business operating units infrastructure, water, buildings, environmental services, and energy and resources.
Further Reading
Before you consider Stantec, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Stantec wasn't on the list.
While Stantec currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
