Stantec (STN) Scheduled to Post Earnings on Wednesday

Stantec (NYSE:STN) (TSE:STN) is scheduled to release its earnings data after the market closes on Wednesday, August 7th. Analysts expect Stantec to post earnings of $0.44 per share for the quarter.

Stantec (NYSE:STN) (TSE:STN) last issued its quarterly earnings results on Thursday, May 9th. The business services provider reported $0.34 EPS for the quarter, meeting analysts’ consensus estimates of $0.34. The company had revenue of $680.04 million for the quarter, compared to analyst estimates of $675.48 million. Stantec had a return on equity of 10.03% and a net margin of 1.12%. On average, analysts expect Stantec to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of STN opened at $23.05 on Tuesday. The firm has a market capitalization of $2.57 billion, a price-to-earnings ratio of 16.46 and a beta of 1.16. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.90 and a quick ratio of 1.90. Stantec has a one year low of $21.44 and a one year high of $26.74. The company’s fifty day simple moving average is $24.10.

The company also recently announced a quarterly dividend, which was paid on Monday, July 15th. Investors of record on Friday, June 28th were issued a dividend of $0.108 per share. This represents a $0.43 dividend on an annualized basis and a yield of 1.87%. The ex-dividend date of this dividend was Thursday, June 27th. Stantec’s payout ratio is currently 30.71%.

A number of research firms recently issued reports on STN. CIBC reaffirmed a “hold” rating on shares of Stantec in a report on Thursday, June 13th. Raymond James reaffirmed a “neutral” rating and set a $35.00 target price on shares of Stantec in a report on Monday, June 17th. BMO Capital Markets reaffirmed a “buy” rating on shares of Stantec in a report on Thursday, June 13th. Finally, Zacks Investment Research raised Stantec from a “hold” rating to a “buy” rating and set a $27.00 target price on the stock in a report on Tuesday, July 30th. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $32.67.

About Stantec

Stantec Inc provides professional consulting services in the area of infrastructure and facilities for clients in the public and private sectors in Canada, the United States, and internationally. It operates through three segments: Consulting Services – Canada, Consulting Services – United States, and Consulting Services – Global.

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Earnings History for Stantec (NYSE:STN)

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