Stantec Inc. (TSE:STN - Get Free Report) NYSE: STN's share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$142.31 and traded as high as C$158.31. Stantec shares last traded at C$157.99, with a volume of 458,077 shares traded.
Analyst Upgrades and Downgrades
Several equities research analysts recently issued reports on STN shares. Desjardins raised their price objective on shares of Stantec from C$153.00 to C$158.00 and gave the stock a "buy" rating in a research report on Friday, August 15th. Royal Bank Of Canada raised their price objective on shares of Stantec from C$150.00 to C$153.00 and gave the stock an "outperform" rating in a research report on Friday, August 15th. Raymond James Financial raised their price objective on shares of Stantec from C$155.00 to C$160.00 and gave the stock an "outperform" rating in a research report on Friday, August 15th. Canaccord Genuity Group upped their price objective on shares of Stantec from C$150.00 to C$165.00 and gave the stock a "buy" rating in a report on Wednesday, July 30th. Finally, Stifel Nicolaus upped their price objective on shares of Stantec from C$160.00 to C$175.00 and gave the stock a "buy" rating in a report on Monday, October 6th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of "Buy" and an average target price of C$156.00.
Get Our Latest Stock Report on STN
Stantec Stock Up 3.1%
The company has a quick ratio of 1.46, a current ratio of 1.42 and a debt-to-equity ratio of 85.29. The stock has a market cap of C$18.02 billion, a price-to-earnings ratio of 41.36, a PEG ratio of 1.46 and a beta of 0.87. The business's fifty day moving average is C$151.04 and its two-hundred day moving average is C$142.31.
Stantec Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Wednesday, October 15th will be issued a $0.225 dividend. The ex-dividend date is Monday, September 29th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 0.6%. Stantec's payout ratio is 22.77%.
Stantec Company Profile
(
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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.
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