Analysts Offer Predictions for Stantec Inc.’s Q2 2017 Earnings (TSE:STN)

Stantec Inc. (TSE:STN) (NYSE:STN) – Analysts at National Bank Financial issued their Q2 2017 earnings per share (EPS) estimates for shares of Stantec in a research report issued to clients and investors on Wednesday. National Bank Financial analyst M. Sytchev anticipates that the company will post earnings of $0.47 per share for the quarter.

A number of other research analysts also recently commented on STN. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a C$34.00 price target on shares of Stantec in a report on Thursday, June 22nd. Scotiabank reaffirmed an “outperform” rating and issued a C$40.00 price target on shares of Stantec in a report on Wednesday, March 22nd. TD Securities reaffirmed a “hold” rating and issued a C$38.00 price target on shares of Stantec in a report on Wednesday, March 22nd. Desjardins raised shares of Stantec from a “hold” rating to a “buy” rating and set a C$39.00 price target for the company in a report on Friday, May 12th. Finally, Raymond James Financial, Inc. lowered their price target on shares of Stantec from C$39.00 to C$35.00 and set an “outperform” rating for the company in a report on Friday, May 12th. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of C$35.75.

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Stantec (STN) opened at 32.38 on Friday. The stock has a market cap of $3.70 billion and a P/E ratio of 86.58. The stock has a 50 day moving average price of $31.73 and a 200 day moving average price of $33.97. Stantec has a 12-month low of $28.74 and a 12-month high of $36.85.

In other news, Director Valentino Dimanno acquired 2,500 shares of Stantec stock in a transaction that occurred on Wednesday, May 17th. The shares were bought at an average cost of C$31.55 per share, with a total value of C$78,875.00. Also, Director Carl Frank Clayton sold 10,000 shares of the stock in a transaction dated Thursday, June 15th. The stock was sold at an average price of C$31.30, for a total transaction of C$313,000.00. Over the last three months, insiders purchased 4,393 shares of company stock worth $139,371 and sold 16,916 shares worth $533,825.

Stantec Company Profile

Stantec Inc is a provider of professional services in the area of infrastructure and facilities for clients in the public and private sectors. The Company’s operates through four segments Consulting Services-Canada, Consulting Services-United States, Consulting Services-Global and Construction Services.

Earnings History and Estimates for Stantec (TSE:STN)

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