Shares of Stantec Inc. (TSE:STN - Get Free Report) NYSE: STN have been assigned an average rating of "Moderate Buy" from the eleven analysts that are presently covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a hold recommendation, six have given a buy recommendation and two have issued a strong buy recommendation on the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is C$129.50.
STN has been the subject of several analyst reports. CIBC boosted their price target on Stantec from C$121.50 to C$134.00 in a report on Friday, December 13th. Canaccord Genuity Group upped their target price on Stantec from C$125.00 to C$135.00 in a research note on Monday, November 11th. BMO Capital Markets raised their price target on Stantec from C$135.00 to C$138.00 in a research note on Friday, December 6th. Stifel Nicolaus lifted their price target on Stantec from C$130.00 to C$145.00 in a report on Friday, October 4th. Finally, Scotiabank upgraded shares of Stantec to a "strong-buy" rating in a report on Friday, October 25th.
Read Our Latest Analysis on Stantec
Insider Activity at Stantec
In other news, Director Vito Culmone purchased 4,000 shares of the company's stock in a transaction that occurred on Wednesday, November 27th. The shares were purchased at an average price of C$121.49 per share, with a total value of C$485,960.00. Company insiders own 0.27% of the company's stock.
Stantec Trading Up 1.7 %
TSE:STN traded up C$1.88 on Friday, reaching C$112.11. The stock had a trading volume of 181,654 shares, compared to its average volume of 193,073. The company has a market cap of C$12.79 billion, a price-to-earnings ratio of 36.88, a P/E/G ratio of 1.46 and a beta of 0.82. Stantec has a 12-month low of C$103.48 and a 12-month high of C$123.92. The company has a debt-to-equity ratio of 80.74, a current ratio of 1.39 and a quick ratio of 1.46. The firm's fifty day moving average is C$115.85 and its two-hundred day moving average is C$114.21.
Stantec Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 15th were given a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 0.75%. The ex-dividend date of this dividend was Tuesday, December 31st. Stantec's payout ratio is 27.63%.
About Stantec
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Get Free ReportStantec 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.
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