Stantec Inc. (TSE:STN - Get Free Report) (NYSE:STN) Director Susan Reisbord bought 2,068 shares of the firm's stock in a transaction dated Monday, August 24th. The stock was purchased at an average cost of C$102.59 per share, for a total transaction of C$212,156.12. Following the transaction, the director directly owned 8,253 shares of the company's stock, valued at C$846,675.27. The trade was a 33.44% increase in their position.
Stantec Price Performance
Shares of TSE STN opened at C$101.60 on Wednesday. The firm has a market cap of C$11.59 billion, a P/E ratio of 22.93, a price-to-earnings-growth ratio of 1.46 and a beta of 0.70. The business's 50 day moving average is C$99.31 and its 200-day moving average is C$111.42. The company has a current ratio of 1.50, a quick ratio of 1.46 and a debt-to-equity ratio of 80.98. Stantec Inc. has a 1-year low of C$93.28 and a 1-year high of C$160.05.
Stantec (TSE:STN - Get Free Report) (NYSE:STN) last released its quarterly earnings results on Wednesday, August 12th. The company reported C$1.61 earnings per share (EPS) for the quarter. Stantec had a return on equity of 15.26% and a net margin of 6.23%.The business had revenue of C$2.23 billion during the quarter.
Wall Street Analysts Forecast Growth
STN has been the topic of several research reports. Royal Bank Of Canada decreased their price target on shares of Stantec from C$148.00 to C$146.00 and set an "outperform" rating on the stock in a research note on Friday, August 14th. Desjardins set a C$169.00 price objective on shares of Stantec and gave the stock a "buy" rating in a research note on Friday, August 14th. Scotia cut their price objective on shares of Stantec from C$133.00 to C$129.00 and set a "sector outperform" rating for the company in a report on Friday, August 14th. Scotiabank lowered their target price on shares of Stantec from C$138.00 to C$133.00 and set a "sector outperform" rating on the stock in a report on Friday, July 10th. Finally, Stifel Nicolaus lowered their target price on shares of Stantec from C$160.00 to C$140.00 and set a "buy" rating on the stock in a report on Thursday, April 30th. Eleven equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus price target of C$143.00.
Read Our Latest Stock Report on STN
About Stantec
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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.
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