Key Points
- Director Gordon Allan Johnston bought 4,000 shares on Dec. 24 at C$131.52 each (C$526,080), increasing his stake to 53,793 shares—a roughly 8.03% rise in his position now valued at about C$7.07 million.
- Multiple analysts (RBC, Stifel, Scotiabank, TD, CIBC) have recently raised price targets, leaving the consensus rating at Moderate Buy with an average target of C$166.70 (nine Buys, one Hold).
- Stantec shares opened at C$137.56, trade near their 50-day SMA of C$133.50 and below the 200-day SMA of C$145.51, with a market cap of C$15.69 billion, a P/E of 32.44 and a 12-month range of C$107.23–C$160.05.
Stantec Inc. (TSE:STN - Get Free Report) (NYSE:STN) Director Gordon Allan Johnston bought 4,000 shares of the firm's stock in a transaction dated Wednesday, December 24th. The shares were acquired at an average price of C$131.52 per share, for a total transaction of C$526,080.00. Following the acquisition, the director directly owned 53,793 shares of the company's stock, valued at approximately C$7,074,855.36. The trade was a 8.03% increase in their position.
Stantec Stock Performance
Stantec stock opened at C$137.56 on Friday. The stock has a 50-day simple moving average of C$133.50 and a 200 day simple moving average of C$145.51. The stock has a market capitalization of C$15.69 billion, a price-to-earnings ratio of 32.44, a P/E/G ratio of 1.46 and a beta of 0.78. The company has a quick ratio of 1.46, a current ratio of 1.42 and a debt-to-equity ratio of 85.29. Stantec Inc. has a 12-month low of C$107.23 and a 12-month high of C$160.05.
Stantec (TSE:STN - Get Free Report) (NYSE:STN) last posted its quarterly earnings data on Thursday, November 13th. The company reported C$1.53 earnings per share for the quarter. Stantec had a net margin of 4.78% and a return on equity of 12.08%. The firm had revenue of C$2.14 billion during the quarter.
Analyst Upgrades and Downgrades
Several research firms have issued reports on STN. Royal Bank Of Canada upped their price objective on Stantec from C$153.00 to C$168.00 in a report on Monday, November 17th. Stifel Nicolaus upped their price target on Stantec from C$160.00 to C$175.00 and gave the company a "buy" rating in a research note on Monday, October 6th. Scotiabank raised their price target on Stantec from C$161.00 to C$162.00 and gave the company an "outperform" rating in a report on Thursday. TD Securities boosted their price objective on Stantec from C$176.00 to C$183.00 and gave the stock a "buy" rating in a report on Monday, October 27th. Finally, CIBC upped their target price on shares of Stantec from C$168.00 to C$175.00 and gave the company an "outperform" rating in a research report on Monday, October 20th. Nine investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of C$166.70.
View Our Latest Report on Stantec
About Stantec
(
Get Free Report)
Stantec empowers clients, people, and communities to rise to the world's greatest challenges at a time when the world faces more unprecedented concerns than ever before. We are a global leader in sustainable engineering, architecture, and environmental consulting. Our professionals deliver the expertise, technology, and innovation communities need to manage aging infrastructure, demographic and population changes, the energy transition, and more. Today's communities transcend geographic borders.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
