Shares of Stantec Inc. (TSE:STN - Get Free Report) NYSE: STN passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$113.84 and traded as high as C$119.55. Stantec shares last traded at C$119.42, with a volume of 300,614 shares trading hands.
Analyst Upgrades and Downgrades
A number of equities research analysts have issued reports on the stock. ATB Capital increased their price objective on shares of Stantec from C$125.00 to C$135.00 and gave the stock a "sector perform" rating in a research note on Wednesday, February 26th. TD Securities increased their price target on shares of Stantec from C$139.00 to C$145.00 and gave the stock a "buy" rating in a research report on Wednesday, February 26th. Raymond James upgraded shares of Stantec from a "market perform" rating to an "outperform" rating and boosted their price objective for the company from C$130.00 to C$140.00 in a research report on Wednesday, February 26th. CIBC upped their target price on Stantec from C$134.00 to C$139.00 and gave the stock an "outperform" rating in a research note on Wednesday, February 26th. Finally, BMO Capital Markets lifted their price target on Stantec from C$135.00 to C$138.00 in a research note on Friday, December 6th. One research analyst has rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of C$140.33.
Check Out Our Latest Analysis on Stantec
Stantec Stock Down 1.7 %
The firm has a 50-day simple moving average of C$114.33 and a 200 day simple moving average of C$113.94. The stock has a market capitalization of C$13.41 billion, a P/E ratio of 39.26, a P/E/G ratio of 1.46 and a beta of 0.82. The company has a debt-to-equity ratio of 85.29, a current ratio of 1.42 and a quick ratio of 1.46.
Stantec Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 15th will be given a dividend of $0.225 per share. The ex-dividend date is Friday, March 28th. This is an increase from Stantec's previous quarterly dividend of $0.21. This represents a $0.90 annualized dividend and a yield of 0.76%. Stantec's dividend payout ratio (DPR) is currently 28.03%.
Insiders Place Their Bets
In other Stantec news, Director Vito Culmone purchased 3,000 shares of the business's stock in a transaction dated Monday, December 30th. The shares were bought at an average price of C$112.03 per share, for a total transaction of C$336,099.00. Insiders own 0.27% of the company's stock.
Stantec Company Profile
(
Get Free Report)
Stantec Inc is a sustainable engineering, architecture, and environmental consulting company. The company is geographically diversified in three regional operating units namely Canada, the United States and Global, offering similar services across all regions. The company offers services in various sectors across the project life cycle through five business operating units infrastructure, water, buildings, environmental services, and energy and resources.
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