Stantec (TSE:STN) PT Raised to C$127.00 at BMO Capital Markets

Stantec (TSE:STN - Get Free Report) NYSE: STN had its price objective raised by research analysts at BMO Capital Markets from C$126.00 to C$127.00 in a research report issued to clients and investors on Wednesday, BayStreet.CA reports. The brokerage presently has an "outperform" rating on the stock. BMO Capital Markets' price objective would suggest a potential upside of 14.48% from the company's current price.

Several other equities analysts also recently weighed in on STN. ATB Capital downgraded shares of Stantec from an "outperform" rating to a "sector perform" rating and lifted their price target for the company from C$115.00 to C$120.00 in a report on Friday, March 1st. Atb Cap Markets lowered Stantec from an "outperform" rating to a "sector perform" rating in a research note on Thursday, February 29th. CIBC boosted their price objective on Stantec from C$116.00 to C$120.00 and gave the company an "outperform" rating in a research report on Friday, March 1st. Stifel Nicolaus upped their price objective on Stantec from C$120.00 to C$130.00 and gave the stock a "buy" rating in a research note on Friday, March 1st. Finally, National Bankshares lifted their target price on Stantec from C$116.00 to C$126.00 and gave the company an "outperform" rating in a research note on Friday, March 1st. Three research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of C$120.23.

Stantec Trading Up 0.3 %

Shares of TSE:STN traded up C$0.36 on Wednesday, reaching C$110.94. 294,268 shares of the company traded hands, compared to its average volume of 265,536. The stock has a market capitalization of C$12.65 billion, a P/E ratio of 37.37, a price-to-earnings-growth ratio of 1.46 and a beta of 0.87. The business's 50-day simple moving average is C$112.47 and its 200 day simple moving average is C$104.04. The company has a current ratio of 1.41, a quick ratio of 1.46 and a debt-to-equity ratio of 62.82. Stantec has a 52 week low of C$77.00 and a 52 week high of C$118.39.

Stantec (TSE:STN - Get Free Report) NYSE: STN last posted its earnings results on Wednesday, February 28th. The company reported C$0.82 EPS for the quarter, missing analysts' consensus estimates of C$0.86 by C($0.04). Stantec had a return on equity of 13.14% and a net margin of 6.54%. The company had revenue of C$1.24 billion during the quarter, compared to the consensus estimate of C$1.22 billion. As a group, equities analysts anticipate that Stantec will post 4.2454998 EPS for the current fiscal year.

Insider Buying and Selling

In other news, Director Steve Marvin Fleck sold 2,000 shares of the company's stock in a transaction that occurred on Tuesday, March 19th. The stock was sold at an average price of C$116.02, for a total transaction of C$232,040.00. 0.27% of the stock is owned by corporate insiders.

Stantec Company Profile

Stantec Inc provides professional services in the areas of infrastructure and facilities to the public and private sectors in Canada, the United States, and internationally. It offers evaluation, planning, and designing infrastructure solutions; solutions for sustainable water resources, planning, management, and infrastructure; environmental services; integrated architecture, engineering, interior design, and planning solutions for buildings; and energy and resources solutions.