Stantec Inc. (TSE:STN) to Release Quarterly Earnings on Wednesday

Stantec Inc. (TSE:STN) (NYSE:STN) is set to announce its earnings results before the market opens on Wednesday, August 9th. Analysts expect the company to announce earnings of $0.47 per share for the quarter.

Stantec Inc. (STN) opened at 31.26 on Tuesday. Stantec Inc. has a 52-week low of $28.74 and a 52-week high of $36.85. The firm has a 50 day moving average of $32.15 and a 200-day moving average of $33.56. The company has a market capitalization of $3.57 billion and a price-to-earnings ratio of 83.58.

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In related news, Director Jeffrey Philip Stone sold 916 shares of the business’s stock in a transaction on Friday, June 9th. The shares were sold at an average price of C$31.73, for a total value of C$29,064.68. Also, Director Carl Frank Clayton sold 3,500 shares of the business’s stock in a transaction on Tuesday, July 4th. The stock was sold at an average price of C$32.56, for a total transaction of C$113,960.00. Over the last ninety days, insiders have bought 4,393 shares of company stock valued at $139,371 and have sold 16,916 shares valued at $533,825.

A number of equities analysts have issued reports on STN shares. Royal Bank Of Canada reissued a “sector perform” rating and set a C$34.00 price target on shares of Stantec in a research report on Thursday, June 22nd. Raymond James Financial, Inc. cut their target price on shares of Stantec from C$39.00 to C$35.00 and set an “outperform” rating for the company in a report on Friday, May 12th. Desjardins raised shares of Stantec from a “hold” rating to a “buy” rating and set a C$39.00 target price for the company in a report on Friday, May 12th. Finally, TD Securities cut their target price on shares of Stantec from C$38.00 to C$36.00 and set a “hold” rating for the company in a report on Friday, May 12th. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Stantec currently has a consensus rating of “Hold” and a consensus price target of C$35.75.

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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