Shares of Stantec Inc. (TSE:STN - Get Free Report) NYSE: STN crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$112.97 and traded as high as C$117.67. Stantec shares last traded at C$117.62, with a volume of 243,422 shares.
Analysts Set New Price Targets
STN has been the subject of a number of research analyst reports. BMO Capital Markets upped their price objective on Stantec from C$128.00 to C$131.00 in a report on Wednesday, July 24th. Raymond James downgraded Stantec from an "outperform" rating to a "market perform" rating and dropped their price objective for the stock from C$125.00 to C$120.00 in a report on Thursday, August 8th. Stifel Nicolaus lifted their price target on Stantec from C$130.00 to C$145.00 in a research note on Friday, October 4th. Canaccord Genuity Group increased their target price on shares of Stantec from C$125.00 to C$135.00 in a report on Monday, November 11th. Finally, Scotiabank raised shares of Stantec to a "strong-buy" rating in a report on Friday, October 25th. Three analysts have rated the stock with a hold rating, seven have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, Stantec has a consensus rating of "Moderate Buy" and an average target price of C$126.36.
Check Out Our Latest Research Report on STN
Stantec Stock Performance
The firm has a market capitalization of C$13.71 billion, a price-to-earnings ratio of 38.69, a P/E/G ratio of 1.46 and a beta of 0.82. The company has a 50-day moving average price of C$112.17 and a 200-day moving average price of C$113.01. The company has a quick ratio of 1.46, a current ratio of 1.39 and a debt-to-equity ratio of 80.74.
Stantec Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be given a dividend of $0.21 per share. The ex-dividend date is Tuesday, December 31st. This represents a $0.84 dividend on an annualized basis and a yield of 0.70%. Stantec's dividend payout ratio (DPR) is presently 27.63%.
Stantec Company Profile
(
Get Free Report)
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.
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