Stantec Inc. (TSE:STN - Get Free Report) NYSE: STN shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$120.76 and traded as high as C$147.57. Stantec shares last traded at C$146.86, with a volume of 211,017 shares.
Analysts Set New Price Targets
Several analysts have recently issued reports on the company. Raymond James upgraded Stantec from a "market perform" rating to an "outperform" rating and upped their price target for the stock from C$130.00 to C$140.00 in a research note on Wednesday, February 26th. Royal Bank of Canada increased their target price on Stantec from C$138.00 to C$150.00 and gave the company an "outperform" rating in a research note on Thursday, May 22nd. TD Securities increased their target price on Stantec from C$145.00 to C$165.00 and gave the company a "buy" rating in a research note on Thursday, May 22nd. National Bankshares increased their target price on Stantec from C$144.00 to C$147.00 and gave the company an "outperform" rating in a research note on Thursday, May 22nd. Finally, Canaccord Genuity Group increased their target price on Stantec from C$138.00 to C$150.00 and gave the company a "buy" rating in a research note on Thursday, May 22nd. One research analyst has rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Stantec presently has an average rating of "Buy" and a consensus target price of C$148.42.
Check Out Our Latest Analysis on Stantec
Stantec Stock Performance
The firm has a fifty day simple moving average of C$131.69 and a 200 day simple moving average of C$121.11. The company has a current ratio of 1.42, a quick ratio of 1.46 and a debt-to-equity ratio of 85.29. The stock has a market cap of C$16.72 billion, a price-to-earnings ratio of 48.96, a PEG ratio of 1.46 and a beta of 0.82.
Stantec Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Tuesday, July 15th will be issued a $0.225 dividend. The ex-dividend date is Monday, June 30th. This represents a $0.90 annualized dividend and a yield of 0.61%. Stantec's dividend payout ratio (DPR) is 28.03%.
Insider Buying and Selling at Stantec
In related news, Director Clayton Bock bought 1,250 shares of the company's stock in a transaction dated Thursday, May 22nd. The stock was acquired at an average cost of C$139.51 per share, with a total value of C$174,392.88. 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.
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