Stantec Inc. (TSE:STN) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Stantec Inc. (TSE:STN) (NYSE:STN) have received an average rating of “Moderate Buy” from the eleven analysts that are covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a hold rating, six have given a buy rating and two have issued a strong buy rating on the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is C$130.50.

STN has been the subject of several analyst reports. CIBC upped their target price on Stantec from C$121.50 to C$134.00 in a research note on Friday, December 13th. Canaccord Genuity Group increased their price objective on shares of Stantec from C$125.00 to C$135.00 in a report on Monday, November 11th. Raymond James boosted their target price on shares of Stantec from C$120.00 to C$130.00 and gave the company a “market perform” rating in a report on Thursday, January 30th. BMO Capital Markets increased their price target on shares of Stantec from C$135.00 to C$138.00 in a research note on Friday, December 6th. Finally, Scotiabank raised shares of Stantec to a “strong-buy” rating in a research note on Friday, October 25th.

Insider Activity

In other news, Director Vito Culmone bought 3,000 shares of the firm’s stock in a transaction dated Monday, December 30th. The stock was acquired at an average cost of C$112.03 per share, for a total transaction of C$336,099.00. Insiders own 0.27% of the company’s stock.

Stantec Trading Down 0.8 %

Shares of STN opened at C$109.56 on Tuesday. Stantec has a fifty-two week low of C$103.48 and a fifty-two week high of C$123.92. The company has a market capitalization of C$12.49 billion, a PE ratio of 36.56, a price-to-earnings-growth ratio of 1.46 and a beta of 0.82. The stock has a fifty day moving average of C$113.12 and a two-hundred day moving average of C$113.67. The company has a debt-to-equity ratio of 85.29, a quick ratio of 1.46 and a current ratio of 1.42.

Stantec Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 15th were given a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 0.77%. The ex-dividend date was Tuesday, December 31st. Stantec’s dividend payout ratio (DPR) is presently 28.03%.

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.