Douglas Keith Ammerman Buys 681 Shares of Stantec (TSE:STN) Stock

Stantec Inc. (TSE:STNGet Free Report) (NYSE:STN) Director Douglas Keith Ammerman bought 681 shares of the business’s stock in a transaction that occurred on Thursday, July 2nd. The shares were acquired at an average price of C$97.84 per share, for a total transaction of C$66,629.04. Following the transaction, the director owned 42,512 shares in the company, valued at C$4,159,374.08. This represents a 1.63% increase in their ownership of the stock.

Stantec Trading Up 0.5%

Shares of STN stock opened at C$99.71 on Friday. The company has a market cap of C$11.37 billion, a P/E ratio of 23.24, a PEG ratio of 1.46 and a beta of 0.71. The stock has a 50 day simple moving average of C$106.49 and a two-hundred day simple moving average of C$120.47. The company has a debt-to-equity ratio of 76.67, a quick ratio of 1.46 and a current ratio of 1.35. Stantec Inc. has a fifty-two week low of C$94.79 and a fifty-two week high of C$160.05.

Stantec (TSE:STNGet Free Report) (NYSE:STN) last posted its quarterly earnings results on Wednesday, May 13th. The company reported C$1.33 earnings per share (EPS) for the quarter. Stantec had a return on equity of 15.21% and a net margin of 6.19%.The firm had revenue of C$2.07 billion for the quarter.

Analyst Ratings Changes

STN has been the subject of a number of research analyst reports. Stifel Nicolaus decreased their target price on Stantec from C$160.00 to C$140.00 and set a “buy” rating for the company in a research report on Thursday, April 30th. Desjardins cut their price target on Stantec from C$178.00 to C$171.00 and set a “buy” rating on the stock in a report on Friday, May 15th. Scotia reduced their price objective on Stantec from C$146.00 to C$138.00 and set a “sector outperform” rating for the company in a research note on Friday, May 15th. TD decreased their price objective on Stantec from C$158.00 to C$132.00 and set a “buy” rating for the company in a report on Friday, May 15th. Finally, National Bank Financial decreased their price objective on Stantec from C$163.00 to C$143.00 and set an “outperform” rating for the company in a report on Wednesday, April 8th. Thirteen analysts have rated the stock with a Buy rating, According to MarketBeat, Stantec has a consensus rating of “Buy” and a consensus price target of C$150.54.

Get Our Latest Stock Analysis on STN

About Stantec

(Get Free Report)

Stantec empowers clients, people, and communities to rise to the world’s greatest challenges at a time when the world faces more unprecedented concerns than ever before. We are a global leader in sustainable engineering, architecture, and environmental consulting. Our professionals deliver the expertise, technology, and innovation communities need to manage aging infrastructure, demographic and population changes, the energy transition, and more. Today’s communities transcend geographic borders.

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