Stantec (TSE:STN) Stock Price Crosses Below Two Hundred Day Moving Average - Time to Sell?

Stantec Inc. (TSE:STN - Get Free Report) NYSE: STN's stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$114.11 and traded as low as C$113.67. Stantec shares last traded at C$113.86, with a volume of 404,447 shares trading hands.

Wall Street Analyst Weigh In

STN has been the topic of several recent analyst reports. Scotiabank upgraded shares of Stantec to a "strong-buy" rating in a research note on Friday, October 25th. Canaccord Genuity Group increased their price target on shares of Stantec from C$125.00 to C$135.00 in a report on Monday, November 11th. CIBC lifted their price objective on shares of Stantec from C$121.50 to C$134.00 in a report on Friday, December 13th. Stifel Nicolaus increased their target price on Stantec from C$130.00 to C$145.00 in a research note on Friday, October 4th. Finally, BMO Capital Markets raised their price target on Stantec from C$135.00 to C$138.00 in a research report on Friday, December 6th. Three research analysts have rated the stock with a hold rating, six have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, Stantec has a consensus rating of "Moderate Buy" and a consensus target price of C$129.50.

Stantec Trading Down 0.9 %

The stock has a 50-day moving average of C$116.81 and a two-hundred day moving average of C$114.11. The company has a market cap of C$12.99 billion, a P/E ratio of 37.45, a price-to-earnings-growth ratio of 1.46 and a beta of 0.82. The company has a debt-to-equity ratio of 80.74, a quick ratio of 1.46 and a current ratio of 1.39.

Stantec Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.74%. The ex-dividend date is Tuesday, December 31st. Stantec's payout ratio is 27.63%.

Insider Buying and Selling

In related news, Director Vito Culmone purchased 4,000 shares of Stantec stock in a transaction dated Wednesday, November 27th. The stock was purchased at an average cost of C$121.49 per share, for a total transaction of C$485,960.00. 0.27% of the stock is owned by company insiders.

About Stantec

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.