Stantec Inc. (TSE:STN) (NYSE:STN) Director Russell Edward Wlad sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, January 17th. The shares were sold at an average price of C$35.57, for a total value of C$355,700.00.
Shares of Stantec Inc. (STN) traded up C$0.46 on Friday, reaching C$35.71. The company had a trading volume of 104,700 shares, compared to its average volume of 188,765. The company has a market cap of $4,070.00, a P/E ratio of 35.36 and a beta of 1.22. Stantec Inc. has a 52-week low of C$30.24 and a 52-week high of C$37.13.
Stantec (TSE:STN) (NYSE:STN) last issued its quarterly earnings data on Thursday, November 9th. The company reported C$0.54 EPS for the quarter, missing the Zacks’ consensus estimate of C$0.55 by C($0.01). Stantec had a return on equity of 9.76% and a net margin of 5.41%.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 11th. Investors of record on Friday, December 29th were paid a dividend of $0.125 per share. The ex-dividend date of this dividend was Thursday, December 28th. This represents a $0.50 dividend on an annualized basis and a yield of 1.40%. Stantec’s payout ratio is currently 48.27%.
A number of brokerages have recently weighed in on STN. Desjardins boosted their price target on Stantec from C$39.00 to C$43.00 in a report on Monday, November 13th. Scotiabank reiterated an “outperform” rating and issued a C$40.00 price target on shares of Stantec in a report on Friday, November 10th. Raymond James Financial boosted their price target on Stantec from C$38.00 to C$41.00 and gave the company an “outperform” rating in a report on Friday, November 10th. Canaccord Genuity boosted their price target on Stantec from C$34.00 to C$36.00 in a report on Tuesday, October 31st. Finally, CIBC boosted their price target on Stantec from C$38.00 to C$39.00 and gave the company a “neutral” rating in a report on Tuesday. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of C$39.50.
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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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