Headlines about Stantec (NYSE:STN) (TSE:STN) have trended somewhat positive on Friday, Accern Sentiment reports. Accern identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Stantec earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned media stories about the business services provider an impact score of 46.2281955659752 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Stantec (NYSE:STN) traded down $0.05 on Friday, reaching $28.05. The company’s stock had a trading volume of 16,600 shares, compared to its average volume of 21,763. The firm has a market capitalization of $3,210.00, a price-to-earnings ratio of 34.63 and a beta of 1.58. Stantec has a 52 week low of $22.25 and a 52 week high of $28.90. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.45 and a current ratio of 1.45.
The company also recently declared a quarterly dividend, which was paid on Thursday, January 11th. Shareholders of record on Friday, December 29th were given a dividend of $0.098 per share. This represents a $0.39 annualized dividend and a yield of 1.40%. The ex-dividend date of this dividend was Thursday, December 28th. Stantec’s dividend payout ratio (DPR) is 48.15%.
Stantec declared that its board has approved a stock repurchase program on Thursday, November 9th that permits the company to buyback 2,280,000 outstanding shares. This buyback authorization permits the business services provider to buy shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company’s leadership believes its stock is undervalued.
Several equities research analysts have recently weighed in on the company. Zacks Investment Research lowered Stantec from a “buy” rating to a “hold” rating in a research report on Wednesday, October 25th. Royal Bank of Canada began coverage on Stantec in a research report on Monday, October 23rd. They set a “sector perform” rating and a $40.00 price target on the stock. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $35.00.
Stantec Company Profile
Stantec Inc is a provider of professional services in the area of infrastructure and facilities for clients in the public and private sectors. The Company’s operates through four segments Consulting Services-Canada, Consulting Services-United States, Consulting Services-Global and Construction Services.
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