Stantec Inc. (TSE:STN - Get Free Report) NYSE: STN passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$116.76 and traded as high as C$133.59. Stantec shares last traded at C$131.90, with a volume of 285,566 shares changing hands.
Wall Street Analysts Forecast Growth
STN has been the topic of several research reports. Desjardins raised their target price on Stantec from C$138.00 to C$148.00 and gave the company a "buy" rating in a research report on Wednesday, February 26th. Canaccord Genuity Group lifted their price objective on Stantec from C$135.00 to C$138.00 and gave the stock a "buy" rating in a research report on Wednesday, February 26th. Royal Bank of Canada lifted their price objective on Stantec from C$128.00 to C$138.00 and gave the stock an "outperform" rating in a research report on Wednesday, February 26th. CIBC lifted their price objective on Stantec from C$139.00 to C$141.00 in a research report on Thursday, April 17th. Finally, ATB Capital lifted their price objective on Stantec from C$125.00 to C$135.00 and gave the stock a "sector perform" rating in a research report on Wednesday, February 26th. One investment 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. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus target price of C$140.50.
View Our Latest Report on Stantec
Stantec Price Performance
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 company has a market cap of C$15.04 billion, a PE ratio of 44.02, a P/E/G ratio of 1.46 and a beta of 0.82. The stock has a 50-day simple moving average of C$120.31 and a 200 day simple moving average of C$116.76.
Stantec Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th were given a $0.225 dividend. The ex-dividend date of this dividend was Friday, March 28th. This represents a $0.90 dividend on an annualized basis and a yield of 0.68%. This is an increase from Stantec's previous quarterly dividend of $0.21. Stantec's payout ratio is currently 28.03%.
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.
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