Stantec (TSE:STN) Shares Cross Above Two Hundred Day Moving Average of $63.95

Stantec Inc. (TSE:STNGet Rating) (NYSE:STN) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$63.95 and traded as high as C$68.95. Stantec shares last traded at C$68.77, with a volume of 243,086 shares changing hands.

Wall Street Analyst Weigh In

STN has been the topic of a number of research analyst reports. Scotiabank upped their price target on shares of Stantec from C$74.00 to C$80.00 in a research report on Friday, November 11th. Royal Bank of Canada increased their price objective on shares of Stantec from C$67.00 to C$71.00 and gave the stock a “sector perform” rating in a research report on Monday, November 14th. National Bankshares increased their price objective on shares of Stantec from C$70.00 to C$74.00 in a research report on Monday, November 14th. CIBC increased their price objective on shares of Stantec from C$74.00 to C$79.00 and gave the stock an “outperform” rating in a research report on Monday, November 14th. Finally, TD Securities increased their price objective on shares of Stantec from C$74.00 to C$79.00 and gave the stock a “buy” rating in a research report on Monday, November 14th. One investment analyst has rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of C$76.11.

Stantec Stock Performance

The company has a debt-to-equity ratio of 92.77, a quick ratio of 1.46 and a current ratio of 1.52. The stock has a market cap of C$7.62 billion and a PE ratio of 40.22. The company’s 50 day simple moving average is C$66.52 and its 200 day simple moving average is C$63.95.

Stantec (TSE:STNGet Rating) (NYSE:STN) last posted its quarterly earnings data on Thursday, November 10th. The company reported C$0.86 EPS for the quarter, meeting the consensus estimate of C$0.86. The firm had revenue of C$1.16 billion during the quarter, compared to analysts’ expectations of C$1.14 billion. Analysts expect that Stantec Inc. will post 3.4199999 earnings per share for the current year.

Stantec Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 17th. Shareholders of record on Tuesday, January 17th were paid a $0.18 dividend. The ex-dividend date was Thursday, December 29th. This represents a $0.72 annualized dividend and a yield of 1.05%. Stantec’s dividend payout ratio (DPR) is 41.23%.

Insider Buying and Selling at Stantec

In other news, Director Jeffrey Philip Stone sold 3,000 shares of the firm’s stock in a transaction that occurred on Monday, November 21st. The shares were sold at an average price of C$67.23, for a total transaction of C$201,696.90. In other news, Director Jeffrey Philip Stone sold 3,000 shares of the firm’s stock in a transaction that occurred on Monday, November 21st. The shares were sold at an average price of C$67.23, for a total transaction of C$201,696.90. Also, Director Leonardo De Oliveira Castro sold 614 shares of the firm’s stock in a transaction that occurred on Tuesday, November 15th. The stock was sold at an average price of C$67.14, for a total transaction of C$41,223.96.

About Stantec

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Stantec Inc provides engineering, architecture, and environmental consulting services in the areas of infrastructure and facilities in Canada, the United States, and internationally. The company provides consulting services in engineering, architecture, interior design, landscape architecture, surveying, environmental sciences, project management, and project economics.

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