Stantec (NYSE:STN) Sets New 1-Year Low – What’s Next?

Stantec Inc. (NYSE:STN) (TSE:STN) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $70.76 and last traded at $70.9890, with a volume of 47977 shares changing hands. The stock had previously closed at $71.25.

Analysts Set New Price Targets

A number of analysts have issued reports on STN shares. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Stantec in a report on Tuesday, May 19th. Royal Bank Of Canada boosted their price objective on shares of Stantec from $168.00 to $175.00 and gave the company an “outperform” rating in a report on Monday, March 2nd. Wall Street Zen downgraded shares of Stantec from a “strong-buy” rating to a “buy” rating in a report on Saturday. Weiss Ratings downgraded shares of Stantec from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, June 1st. Finally, Zacks Research downgraded shares of Stantec from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 13th. Five equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $175.00.

Stantec Stock Up 0.3%

The firm has a market capitalization of $8.15 billion, a price-to-earnings ratio of 22.89 and a beta of 0.98. The stock has a fifty day moving average of $82.30 and a two-hundred day moving average of $90.01. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.35 and a quick ratio of 1.35.

Stantec (NYSE:STN) (TSE:STN) last posted its quarterly earnings data on Wednesday, May 13th. The business services provider reported $0.97 earnings per share for the quarter, beating analysts’ consensus estimates of $0.95 by $0.02. The business had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.23 billion. Stantec had a return on equity of 19.37% and a net margin of 5.92%.Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. Sell-side analysts anticipate that Stantec Inc. will post 4.5 earnings per share for the current year.

Stantec Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.245 per share. This represents a $0.98 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Tuesday, June 30th. Stantec’s dividend payout ratio (DPR) is 22.44%.

Hedge Funds Weigh In On Stantec

Hedge funds have recently made changes to their positions in the stock. Allworth Financial LP raised its position in shares of Stantec by 223.9% during the fourth quarter. Allworth Financial LP now owns 298 shares of the business services provider’s stock worth $28,000 after acquiring an additional 206 shares during the last quarter. Caitong International Asset Management Co. Ltd raised its position in shares of Stantec by 264.9% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 343 shares of the business services provider’s stock worth $32,000 after acquiring an additional 249 shares during the last quarter. Leonteq Securities AG bought a new position in shares of Stantec during the fourth quarter worth about $37,000. Tower Research Capital LLC TRC raised its position in shares of Stantec by 423.7% during the second quarter. Tower Research Capital LLC TRC now owns 508 shares of the business services provider’s stock worth $55,000 after acquiring an additional 411 shares during the last quarter. Finally, Toth Financial Advisory Corp bought a new position in shares of Stantec during the fourth quarter worth about $57,000. 63.86% of the stock is currently owned by institutional investors.

Stantec Company Profile

Stantec is a global design and consulting firm offering professional services in engineering, architecture, and environmental sciences. The company partners with public and private clients to deliver solutions spanning infrastructure, water, energy and resources, and community development. Through an integrated approach, Stantec manages projects from initial planning and conceptual design through construction and commissioning, focusing on sustainability and innovation.

The firm’s service portfolio includes civil infrastructure design, building systems engineering, environmental assessments, and project management.