Stantec Inc. (TSE:STN) (NYSE:STN) - Equities researchers at National Bank Financial issued their Q3 2017 EPS estimates for Stantec in a research note issued on Wednesday. National Bank Financial analyst M. Sytchev forecasts that the company will post earnings of $0.52 per share for the quarter. National Bank Financial also issued estimates for Stantec’s Q4 2017 earnings at $0.43 EPS.
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STN has been the subject of a number of other reports. Royal Bank Of Canada cut their price objective on Stantec from C$36.00 to C$34.00 and set a “sector perform” rating for the company in a research report on Friday, May 12th. Scotiabank set a C$40.00 price objective on Stantec and gave the stock an “outperform” rating in a research report on Thursday, August 10th. TD Securities cut their price objective on Stantec from C$38.00 to C$36.00 and set a “hold” rating for the company in a research report on Friday, May 12th. Raymond James Financial, Inc. dropped their target price on Stantec from C$39.00 to C$35.00 and set an “outperform” rating for the company in a research report on Friday, May 12th. Finally, Desjardins raised Stantec from a “hold” rating to a “buy” rating and set a C$39.00 target price for the company in a research report on Friday, May 12th. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of C$36.13.
Shares of Stantec (TSE:STN) opened at 33.79 on Friday. Stantec has a 12 month low of $28.74 and a 12 month high of $36.85. The stock has a market cap of $3.85 billion and a PE ratio of 32.55. The firm’s 50-day moving average is $32.52 and its 200 day moving average is $33.40.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 12th. Investors of record on Friday, September 29th will be paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 1.48%. The ex-dividend date is Thursday, September 28th.
In related news, Director Paul Jeremy David Alpern sold 1,498 shares of the business’s stock in a transaction that occurred on Friday, August 18th. The stock was sold at an average price of C$33.99, for a total transaction of C$50,917.02. Also, Director Carl Frank Clayton sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, June 15th. The stock was sold at an average price of C$31.30, for a total value of C$313,000.00. In the last 90 days, insiders have sold 18,414 shares of company stock valued at $584,742.
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 four segments: Consulting Services Canada, Consulting Services United States, Consulting Services Global, and Construction Services.
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