Desjardins Comments on Stantec’s FY2025 Earnings (NYSE:STN)

Stantec Inc. (NYSE:STN) (TSE:STN) – Equities research analysts at Desjardins reduced their FY2025 earnings per share (EPS) estimates for Stantec in a research note issued to investors on Sunday, November 16th. Desjardins analyst B. Poirier now anticipates that the business services provider will earn $3.73 per share for the year, down from their previous forecast of $3.85. Desjardins currently has a “Buy” rating on the stock. The consensus estimate for Stantec’s current full-year earnings is $3.05 per share. Desjardins also issued estimates for Stantec’s FY2026 earnings at $4.16 EPS and FY2027 earnings at $4.65 EPS.

A number of other analysts also recently weighed in on STN. Royal Bank Of Canada restated an “outperform” rating on shares of Stantec in a report on Monday. CIBC reiterated an “outperform” rating on shares of Stantec in a research report on Monday, October 20th. Wall Street Zen downgraded Stantec from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 16th. Scotiabank reaffirmed an “outperform” rating on shares of Stantec in a research note on Friday, October 17th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Stantec in a report on Wednesday, October 8th. Seven analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of “Buy”.

Stantec Price Performance

STN stock opened at $96.90 on Wednesday. The company has a market capitalization of $11.05 billion, a P/E ratio of 35.36 and a beta of 1.03. The company has a fifty day moving average price of $109.43 and a 200-day moving average price of $107.43. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.44 and a current ratio of 1.44. Stantec has a 52-week low of $73.18 and a 52-week high of $114.51.

Stantec (NYSE:STN) (TSE:STN) last posted its earnings results on Thursday, November 13th. The business services provider reported $1.11 EPS for the quarter, hitting the consensus estimate of $1.11. Stantec had a net margin of 5.62% and a return on equity of 19.03%. The business had revenue of $1.24 billion for the quarter, compared to the consensus estimate of $1.71 billion. Stantec has set its FY 2025 guidance at 3.784-3.880 EPS.

Stantec Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st will be issued a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Wednesday, December 31st. This is a positive change from Stantec’s previous quarterly dividend of $0.16. Stantec’s dividend payout ratio (DPR) is currently 21.05%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. boosted its stake in Stantec by 3.2% during the third quarter. Vanguard Group Inc. now owns 4,873,421 shares of the business services provider’s stock worth $525,584,000 after acquiring an additional 152,170 shares in the last quarter. The Manufacturers Life Insurance Company raised its holdings in shares of Stantec by 28.8% during the first quarter. The Manufacturers Life Insurance Company now owns 4,309,182 shares of the business services provider’s stock valued at $359,131,000 after purchasing an additional 964,188 shares during the period. Bank of Montreal Can boosted its position in shares of Stantec by 6.6% during the 3rd quarter. Bank of Montreal Can now owns 3,566,821 shares of the business services provider’s stock worth $384,584,000 after purchasing an additional 219,733 shares in the last quarter. Alliancebernstein L.P. grew its stake in shares of Stantec by 0.8% in the 3rd quarter. Alliancebernstein L.P. now owns 3,475,699 shares of the business services provider’s stock valued at $374,680,000 after buying an additional 26,388 shares during the period. Finally, Royal Bank of Canada increased its position in Stantec by 0.3% in the 1st quarter. Royal Bank of Canada now owns 3,017,230 shares of the business services provider’s stock valued at $249,946,000 after buying an additional 8,268 shares in the last quarter. Institutional investors and hedge funds own 63.86% of the company’s stock.

Stantec Company Profile

Stantec Inc provides professional services in the areas of infrastructure and facilities to the public and private sectors in Canada, the United States, and internationally. It offers evaluation, planning, and designing infrastructure solutions; solutions for sustainable water resources, planning, management, and infrastructure; environmental services; integrated architecture, engineering, interior design, and planning solutions for buildings; and energy and resources solutions.