Equities Analysts Issue Forecasts for Stantec Q4 Earnings

Stantec Inc. (TSE:STN) (NYSE:STN) – Research analysts at Raymond James upped their Q4 2024 EPS estimates for shares of Stantec in a research note issued to investors on Wednesday, October 30th. Raymond James analyst F. Bastien now anticipates that the company will earn $0.86 per share for the quarter, up from their previous estimate of $0.84. Raymond James has a “Market Perform” rating and a $120.00 price objective on the stock. Raymond James also issued estimates for Stantec’s Q4 2025 earnings at $1.13 EPS.

STN has been the topic of a number of other research reports. BMO Capital Markets boosted their price target on shares of Stantec from C$128.00 to C$131.00 in a research report on Wednesday, July 24th. Stifel Nicolaus boosted their target price on shares of Stantec from C$130.00 to C$145.00 in a report on Friday, October 4th. Scotiabank upgraded Stantec to a “strong-buy” rating in a report on Friday, October 25th. Finally, Canaccord Genuity Group lifted their price objective on Stantec from C$120.00 to C$125.00 and gave the stock a “hold” rating in a research report on Tuesday, October 15th. Four research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of C$123.50.

Stantec Price Performance

Stantec stock opened at C$113.77 on Friday. The firm has a market cap of C$12.98 billion, a P/E ratio of 37.42, a P/E/G ratio of 1.46 and a beta of 0.82. The stock’s 50 day moving average is C$111.19 and its 200 day moving average is C$112.51. The company has a debt-to-equity ratio of 80.74, a current ratio of 1.39 and a quick ratio of 1.46. Stantec has a one year low of C$85.01 and a one year high of C$122.57.

Stantec (TSE:STN) (NYSE:STN) last posted its quarterly earnings data on Wednesday, August 7th. The company reported C$1.12 earnings per share for the quarter, beating analysts’ consensus estimates of C$1.11 by C$0.01. The business had revenue of C$1.49 billion during the quarter, compared to the consensus estimate of C$1.49 billion. Stantec had a return on equity of 12.91% and a net margin of 6.31%.

Insider Buying and Selling

In other Stantec news, Director Asifa Samji acquired 300 shares of the stock in a transaction on Wednesday, August 14th. The shares were purchased at an average price of C$109.75 per share, for a total transaction of C$32,925.00. Following the completion of the acquisition, the director now owns 840 shares in the company, valued at approximately C$92,190. This represents a 0.00 % increase in their position. In related news, Director Vito Culmone bought 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 20th. The shares were bought at an average price of C$112.97 per share, with a total value of C$225,940.00. Also, Director Asifa Samji purchased 300 shares of the stock in a transaction that occurred on Wednesday, August 14th. The stock was bought at an average cost of C$109.75 per share, with a total value of C$32,925.00. Following the completion of the transaction, the director now directly owns 840 shares in the company, valued at C$92,190. The trade was a 0.00 % increase in their position. Insiders have bought a total of 2,445 shares of company stock worth $274,636 in the last ninety days. Corporate insiders own 0.27% of the company’s stock.

Stantec Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Friday, September 27th were given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.74%. The ex-dividend date of this dividend was Friday, September 27th. Stantec’s payout ratio is 27.63%.

About Stantec

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.