Research Analysts Offer Predictions for Stantec Q4 Earnings

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

Several other brokerages have also recently weighed in on STN. Canaccord Genuity Group upped their price target on Stantec from C$120.00 to C$125.00 and gave the company a “hold” rating in a research report on Tuesday, October 15th. Stifel Nicolaus lifted their target price on shares of Stantec from C$130.00 to C$145.00 in a research report on Friday, October 4th. Scotiabank raised Stantec to a “strong-buy” rating in a research note on Friday, October 25th. Finally, BMO Capital Markets lifted their price target on Stantec from C$128.00 to C$131.00 in a research note on Wednesday, July 24th. Four analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of C$123.50.

Stantec Price Performance

Shares of TSE STN opened at C$113.77 on Friday. Stantec has a fifty-two week low of C$85.01 and a fifty-two week high of C$122.57. The stock has a fifty day moving average of C$111.19 and a 200-day moving average of C$112.52. The company has a debt-to-equity ratio of 80.74, a quick ratio of 1.46 and a current ratio of 1.39. The stock has a market cap of C$12.98 billion, a PE ratio of 37.42, a price-to-earnings-growth ratio of 1.46 and a beta of 0.82.

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

Insider Activity

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

Stantec Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Friday, September 27th were issued a $0.21 dividend. The ex-dividend date was Friday, September 27th. This represents a $0.84 annualized dividend and a dividend yield of 0.74%. Stantec’s dividend payout ratio is currently 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.