Workflow
Stantec (STN)
icon
Search documents
Stantec Inc. (STN) Hits Fresh High: Is There Still Room to Run?
ZACKS· 2025-05-19 14:16
Have you been paying attention to shares of Stantec (STN) ? Shares have been on the move with the stock up 16% over the past month. The stock hit a new 52-week high of $101.81 in the previous session. Stantec has gained 29.1% since the start of the year compared to the 4.8% move for the Zacks Business Services sector and the 0.1% return for the Zacks Consulting Services industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't missed our earni ...
Stantec Announces Results of its 2025 Annual Meeting of Shareholders
GlobeNewswire· 2025-05-15 21:00
EDMONTON, Alberta and NEW YORK, May 15, 2025 (GLOBE NEWSWIRE) -- TSX, NYSE: STN Stantec Inc. (“Stantec”), a global leader in sustainable engineering, architecture and environmental consulting, held its annual meeting of shareholders (the “Meeting”) on May 15, 2025. A total of 88,159,157 shares (77.29% of outstanding common shares) were represented in person or by proxy. The complete voting results from the Meeting are as follows: 1. Election of Directors The Board of Directors of Stantec set the number of ...
Stantec (STN) is a Great Momentum Stock: Should You Buy?
ZACKS· 2025-05-15 17:00
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...
Stantec (STN) Tops Q1 Earnings and Revenue Estimates
ZACKS· 2025-05-14 23:25
Stantec (STN) came out with quarterly earnings of $0.81 per share, beating the Zacks Consensus Estimate of $0.79 per share. This compares to earnings of $0.67 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.53%. A quarter ago, it was expected that this engineering firm would post earnings of $0.69 per share when it actually produced earnings of $0.79, delivering a surprise of 14.49%.Over the last four quarters, the company h ...
Stantec reports strong first quarter 2025 results, with 29% increase in adjusted earnings per share and record backlog of $7.9 billion
GlobeNewswire· 2025-05-14 21:02
Core Insights - Stantec reported a strong first quarter for 2025, with net revenue increasing by 13.3% year-over-year to $1.6 billion, driven by both organic growth of 5.9% and acquisition growth of 3.2% [3][6][11] - The company achieved an adjusted EBITDA of $252.3 million, reflecting a 19.1% increase, and an adjusted EBITDA margin of 16.2%, which is a 70 basis point improvement compared to the same quarter in 2024 [3][6][11] - Stantec's backlog reached a record high of $7.9 billion, up 12.8% year-over-year, indicating strong future revenue potential [4][6][11] Financial Performance - Net income for Q1 2025 increased by 29.8% to $100.1 million, with diluted EPS rising by 29.4% to $0.88 [11][12] - Adjusted net income grew by 28.9% to $132.8 million, achieving 8.6% of net revenue, an increase of 110 basis points [11][12] - Operating cash flows increased significantly by 135.8% to $100.7 million, demonstrating strong cash flow generation [11] Growth Strategy - Stantec reaffirmed its 2025 guidance, targeting net revenue growth of 7% to 10%, with adjusted EBITDA margin expected to be between 16.7% and 17.3% [5][8][9] - The company is optimistic about organic growth in both the US and Canada, expecting mid- to high-single-digit growth driven by a robust backlog [8][10] - Stantec has entered into definitive agreements to acquire Page and Ryan Hanley, which will enhance its capabilities and expand its workforce by over 1,500 team members [4][6][15] Market Position - The acquisition of Page, a 1,400-person architecture and engineering firm, positions Stantec to become the second largest architecture firm in the US, enhancing its expertise in advanced manufacturing and healthcare [4][6][11] - The acquisition of Ryan Hanley strengthens Stantec's presence in the Irish water sector, further diversifying its service offerings [15] Segment Performance - In Q1 2025, net revenue by region showed strong performance, with Canada achieving 12.2% organic growth, the US growing by 2.4%, and Global operations increasing by 7.5% [13] - The project margin increased to 54.3%, reflecting solid project execution and effective cost management [11][12] Future Outlook - Stantec anticipates continued strong demand and operational performance, with a focus on maintaining high project margins and effective cost management strategies [9][10] - The company expects adjusted EPS growth of 16% to 19% compared to 2024, indicating confidence in its financial trajectory [10]
Is Stantec (STN) a Solid Growth Stock? 3 Reasons to Think "Yes"
ZACKS· 2025-05-14 17:45
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, the task of finding cutting-edge growth stocks is made easy with the help of the Z ...
Stantec selected to lead design for 7-kilometre Dundas Bus Rapid Transit Mississauga East corridor in Ontario
GlobeNewswire· 2025-05-08 10:45
EDMONTON, Alberta and NEW YORK, May 08, 2025 (GLOBE NEWSWIRE) -- TSX, NYSE:STN Stantec, a global leader in sustainable design and engineering, has been selected by the City of Mississauga to lead detailed design and contract administration on the Dundas Bus Rapid Transit Mississauga East Corridor, which includes more than 7 kilometres of bus rapid transit (BRT) with 8 stops. Led by the City of Mississauga, the Dundas BRT Mississauga East segment has an estimated project budget of C$580 million, which includ ...
Stantec Inc. (STN) Hit a 52 Week High, Can the Run Continue?
ZACKS· 2025-05-02 14:15
Have you been paying attention to shares of Stantec (STN) ? Shares have been on the move with the stock up 6.2% over the past month. The stock hit a new 52-week high of $90.29 in the previous session. Stantec has gained 14.6% since the start of the year compared to the -1.2% move for the Zacks Business Services sector and the -6.5% return for the Zacks Consulting Services industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings ...
Stantec to design largest PFAS treatment system in Northwestern US
GlobeNewswire· 2025-04-30 10:45
EDMONTON, Alberta and NEW YORK, April 30, 2025 (GLOBE NEWSWIRE) -- TSX, NYSE:STN Stantec, a global leader in sustainable design and engineering, has been selected by the City of Vancouver, Washington, to design a treatment system to remove per- and polyfluoroalkyl substances (PFAS) from a high-volume water station—with the goal of providing cleaner, more reliable drinking water for the community. Stantec will also provide engineering services during construction for the treatment facility at Vancouver’s Wat ...
Stantec (STN) is an Incredible Growth Stock: 3 Reasons Why
ZACKS· 2025-04-28 17:45
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks ...