Catherine Margaret Schefer Acquires 605 Shares of Stantec Inc. (TSE:STN) Stock

Stantec Inc. (TSE:STN - Get Free Report) NYSE: STN Director Catherine Margaret Schefer acquired 605 shares of the stock in a transaction on Friday, June 28th. The shares were purchased at an average price of C$114.22 per share, for a total transaction of C$69,102.50.

Stantec Stock Performance

Shares of TSE STN traded down C$0.83 during trading hours on Friday, hitting C$114.53. 232,785 shares of the stock were exchanged, compared to its average volume of 260,672. Stantec Inc. has a one year low of C$82.50 and a one year high of C$118.39. The company's 50 day moving average is C$111.82 and its 200 day moving average is C$110.39. The company has a debt-to-equity ratio of 75.54, a current ratio of 1.34 and a quick ratio of 1.46. The firm has a market capitalization of C$13.06 billion, a P/E ratio of 37.06, a P/E/G ratio of 1.46 and a beta of 0.87.

Stantec (TSE:STN - Get Free Report) NYSE: STN last released its quarterly earnings results on Wednesday, May 8th. The company reported C$0.90 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of C$0.86 by C$0.04. The company had revenue of C$1.37 billion during the quarter, compared to analysts' expectations of C$1.36 billion. Stantec had a net margin of 6.64% and a return on equity of 13.32%. On average, research analysts expect that Stantec Inc. will post 4.2953046 EPS for the current year.

Stantec Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Friday, June 28th will be paid a dividend of $0.21 per share. The ex-dividend date is Friday, June 28th. This represents a $0.84 annualized dividend and a yield of 0.73%. Stantec's payout ratio is 27.18%.

Analyst Ratings Changes

A number of brokerages have commented on STN. Royal Bank of Canada raised their price objective on Stantec from C$123.00 to C$125.00 in a research report on Friday, May 10th. National Bankshares raised their price target on shares of Stantec from C$126.00 to C$128.00 in a report on Friday, May 10th. BMO Capital Markets upped their price objective on shares of Stantec from C$127.00 to C$128.00 in a research note on Friday, May 10th. Stifel Nicolaus boosted their price target on shares of Stantec from C$130.00 to C$132.00 and gave the company a "buy" rating in a report on Thursday, May 2nd. Finally, Scotiabank increased their price objective on Stantec from C$119.00 to C$120.00 and gave the stock a "sector perform" rating in a report on Thursday, May 2nd. Four equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat, Stantec currently has a consensus rating of "Moderate Buy" and a consensus target price of C$120.85.

Stantec Company Profile

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.