Stantec (TSE:STN) Upgraded at Raymond James

Stantec (TSE:STN) (NYSE:STN) was upgraded by equities research analysts at Raymond James from a “market perform” rating to an “outperform” rating in a research note issued on Wednesday, MarketBeat reports. The brokerage presently has a C$140.00 target price on the stock, up from their previous target price of C$130.00. Raymond James’ price target would suggest a potential upside of 14.59% from the company’s current price. Raymond James also issued estimates for Stantec’s Q1 2025 earnings at $1.08 EPS, Q2 2025 earnings at $1.32 EPS, Q3 2025 earnings at $1.55 EPS, Q4 2025 earnings at $1.30 EPS, FY2025 earnings at $5.25 EPS, Q1 2026 earnings at $1.28 EPS, Q2 2026 earnings at $1.56 EPS, Q3 2026 earnings at $1.72 EPS, Q4 2026 earnings at $1.54 EPS and FY2026 earnings at $6.10 EPS.

STN has been the topic of a number of other research reports. Scotiabank raised their price objective on shares of Stantec from C$129.00 to C$141.00 and gave the company an “outperform” rating in a research note on Wednesday. Stifel Nicolaus lifted their price target on Stantec from C$135.00 to C$144.00 and gave the company a “buy” rating in a research report on Wednesday. National Bankshares upped their price objective on Stantec from C$140.00 to C$143.00 and gave the company an “outperform” rating in a report on Wednesday. Canaccord Genuity Group boosted their price target on shares of Stantec from C$135.00 to C$138.00 and gave the stock a “buy” rating in a research report on Wednesday. Finally, CIBC raised their price objective on shares of Stantec from C$134.00 to C$139.00 and gave the company an “outperform” rating in a research report on Wednesday. Two research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Stantec presently has a consensus rating of “Moderate Buy” and an average target price of C$140.33.

Stantec Stock Performance

Shares of STN opened at C$122.18 on Wednesday. The firm has a market capitalization of C$13.93 billion, a PE ratio of 40.77, a P/E/G ratio of 1.46 and a beta of 0.82. The company has a quick ratio of 1.46, a current ratio of 1.42 and a debt-to-equity ratio of 85.29. The firm has a 50-day moving average price of C$112.32 and a 200 day moving average price of C$113.33. Stantec has a 52-week low of C$103.48 and a 52-week high of C$129.39.

Insider Activity at Stantec

In other Stantec news, Director Vito Culmone purchased 3,000 shares of the company’s stock in a transaction that occurred on Monday, December 30th. The shares were purchased at an average cost of C$112.03 per share, with a total value of C$336,099.00. 0.27% of the stock is owned by insiders.

Stantec Company Profile

Stantec Inc is a sustainable engineering, architecture, and environmental consulting company. The company is geographically diversified in three regional operating units namely Canada, the United States and Global, offering similar services across all regions. The company offers services in various sectors across the project life cycle through five business operating units infrastructure, water, buildings, environmental services, and energy and resources.