What is Scotiabank’s Estimate for Stantec FY2027 Earnings?

Stantec Inc. (TSE:STN) (NYSE:STN) – Equities researchers at Scotiabank lowered their FY2027 earnings per share (EPS) estimates for shares of Stantec in a research note issued on Wednesday, May 20th. Scotiabank analyst J. Goldman now anticipates that the company will post earnings per share of $6.68 for the year, down from their previous forecast of $6.73. Scotiabank currently has a “Outperform” rating and a $146.00 target price on the stock.

Other equities analysts also recently issued reports about the company. Stifel Nicolaus dropped their price objective on Stantec from C$160.00 to C$140.00 and set a “buy” rating for the company in a research note on Thursday, April 30th. BMO Capital Markets dropped their price objective on Stantec from C$175.00 to C$154.00 and set an “outperform” rating for the company in a research note on Friday, May 15th. Raymond James Financial dropped their price objective on Stantec from C$180.00 to C$165.00 in a research note on Wednesday, April 29th. Royal Bank Of Canada dropped their price objective on Stantec from C$175.00 to C$155.00 in a research note on Friday, May 15th. Finally, Canadian Imperial Bank of Commerce dropped their price objective on Stantec from C$173.00 to C$160.00 in a research note on Tuesday. Thirteen research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of C$150.54.

Stantec Stock Performance

TSE STN opened at C$104.87 on Friday. Stantec has a 1-year low of C$99.67 and a 1-year high of C$160.05. The company has a market capitalization of C$11.96 billion, a P/E ratio of 24.45, a PEG ratio of 1.46 and a beta of 0.76. The business has a 50 day moving average price of C$119.46 and a 200 day moving average price of C$128.74. The company has a debt-to-equity ratio of 76.67, a current ratio of 1.35 and a quick ratio of 1.46.

Stantec (TSE:STN) (NYSE:STN) last released its quarterly earnings data on Wednesday, May 13th. The company reported C$1.33 earnings per share for the quarter. Stantec had a return on equity of 15.21% and a net margin of 6.19%.The firm had revenue of C$2.07 billion during the quarter.

Stantec Company Profile

Stantec empowers clients, people, and communities to rise to the world’s greatest challenges at a time when the world faces more unprecedented concerns than ever before. We are a global leader in sustainable engineering, architecture, and environmental consulting. Our professionals deliver the expertise, technology, and innovation communities need to manage aging infrastructure, demographic and population changes, the energy transition, and more. Today’s communities transcend geographic borders.