Stantec (NYSE:STN) Hits New 52-Week Low – Here’s Why

by · The Markets Daily

Stantec Inc. (NYSE:STNGet Free Report) (TSE:STN) shares reached a new 52-week low on Wednesday . The stock traded as low as $72.16 and last traded at $72.2260, with a volume of 167683 shares trading hands. The stock had previously closed at $73.89.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. ATB Cormark Capital Markets raised shares of Stantec from a “hold” rating to a “moderate buy” rating in a research note on Friday, May 15th. Zacks Research cut shares of Stantec from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 13th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Stantec in a research note on Tuesday, May 19th. Royal Bank Of Canada boosted their price target on shares of Stantec from $168.00 to $175.00 and gave the stock an “outperform” rating in a research report on Monday, March 2nd. Finally, Wall Street Zen upgraded shares of Stantec from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 9th. Five analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $175.00.

View Our Latest Stock Report on STN

Stantec Stock Down 2.5%

The company’s fifty day moving average price is $83.47 and its 200-day moving average price is $90.66. The stock has a market cap of $8.22 billion, a P/E ratio of 23.10 and a beta of 0.98. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.35 and a current ratio of 1.35.

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

Stantec Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be paid 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 of this dividend is Tuesday, June 30th. Stantec’s payout ratio is currently 22.44%.

Institutional Trading of Stantec

A number of large investors have recently made changes to their positions in STN. Allworth Financial LP boosted its stake 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 valued at $28,000 after purchasing an additional 206 shares during the period. Caitong International Asset Management Co. Ltd lifted 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 valued at $32,000 after buying an additional 249 shares during the last quarter. Leonteq Securities AG purchased a new stake in shares of Stantec during the fourth quarter valued at about $37,000. Tower Research Capital LLC TRC lifted 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 valued at $55,000 after buying an additional 411 shares during the last quarter. Finally, Toth Financial Advisory Corp purchased a new position in shares of Stantec in the 4th quarter valued at approximately $57,000. 63.86% of the stock is owned by hedge funds and other institutional investors.

About Stantec

(Get Free Report)

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.

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