Stantec Inc. (TSE:STN - Get Free Report) NYSE: STN's share price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$114.30 and traded as low as C$110.22. Stantec shares last traded at C$110.43, with a volume of 201,181 shares.
Analyst Upgrades and Downgrades
A number of brokerages recently issued reports on STN. Stifel Nicolaus boosted their price objective on shares of Stantec from C$130.00 to C$145.00 in a report on Friday, October 4th. Canaccord Genuity Group upped their price objective on shares of Stantec from C$125.00 to C$135.00 in a research report on Monday, November 11th. BMO Capital Markets lifted their target price on Stantec from C$135.00 to C$138.00 in a report on Friday, December 6th. Scotiabank upgraded Stantec to a "strong-buy" rating in a report on Friday, October 25th. Finally, CIBC raised their price target on Stantec from C$121.50 to C$134.00 in a research report on Friday, December 13th. Three equities research analysts have rated the stock with a hold rating, six have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, Stantec presently has a consensus rating of "Moderate Buy" and an average target price of C$129.50.
Check Out Our Latest Stock Analysis on STN
Stantec Stock Up 0.5 %
The company has a current ratio of 1.39, a quick ratio of 1.46 and a debt-to-equity ratio of 80.74. The company has a market capitalization of C$12.66 billion, a P/E ratio of 36.50, a PEG ratio of 1.46 and a beta of 0.82. The firm's 50 day moving average price is C$116.53 and its two-hundred day moving average price is C$114.30.
Stantec Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 15th will be paid a $0.21 dividend. The ex-dividend date is Tuesday, December 31st. This represents a $0.84 annualized dividend and a yield of 0.76%. Stantec's payout ratio is currently 27.63%.
Insider Transactions at Stantec
In related news, Director Vito Culmone acquired 3,000 shares of the company'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. Company insiders own 0.27% of the company's stock.
About Stantec
(
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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.
Further Reading
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