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Stantec Announces the Closing of $425 Million Senior Unsecured Notes Offering
Globenewswire· 2025-06-10 17:00
Core Viewpoint - Stantec Inc. has successfully closed a private placement offering of $425 million in senior unsecured notes, which will be used to repay existing debt and for general corporate purposes [2][3]. Group 1: Financial Details - The offering consists of senior unsecured notes due June 10, 2032, with an interest rate of 4.374% per annum, priced at par [2]. - The notes have been assigned a BBB rating with a stable trend by DBRS Limited [3]. Group 2: Regulatory Information - The notes were not qualified for public sale under Canadian securities laws and were offered on an exempt basis [4]. - The notes will not be registered under the U.S. Securities Act and cannot be offered or sold in the United States [4]. Group 3: Company Overview - Stantec is a global leader in sustainable engineering, architecture, and environmental consulting, addressing significant global challenges [5]. - The company focuses on managing aging infrastructure, demographic changes, and the energy transition [5][6]. - Stantec emphasizes collaboration with diverse stakeholders to tackle critical issues such as climate change and digital transformation [6].
Bull of the Day: Stantec (STN)
ZACKS· 2025-06-06 15:10
Company Overview - Stantec (STN) is a company providing professional services in infrastructure and facilities across Canada, the United States, and internationally, focusing on water treatment, highway systems, and urban development [2] - The company offers a range of services including evaluation, planning, designing infrastructure solutions, sustainable water resource management, environmental services, integrated architecture, engineering, and energy solutions [2] Financial Performance - Stantec has received a Zacks Rank 1 (Strong Buy) due to six analysts increasing their earnings estimates for the current and next year [4] - The Zacks Consensus Estimate for the current year has risen from $3.58 to $3.86, indicating a growth of 19.5%, while next year's estimate increased from $4.07 to $4.33, reflecting a growth of 12.2% [4] - Revenue growth is projected at 11% for the current year and 9.71% for the next year [4] Market Position - The stock is trading above its 50-day and 200-day moving averages, indicating a positive technical outlook [6] - The price and earnings estimates are showing a consistent upward trend, suggesting that the market is recognizing Stantec's reliable execution [5] Industry Context - Stantec operates in sectors such as infrastructure, water, transportation, and environmental services, which are supported by long-cycle projects and significant public and private investment [7] - The U.S. Infrastructure Investment and Jobs Act continues to inject billions into infrastructure projects, creating opportunities for firms like Stantec as municipalities modernize outdated systems [7]
Are You Looking for a Top Momentum Pick? Why Stantec (STN) is a Great Choice
ZACKS· 2025-06-05 17:01
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.Even though momentum is a popular stock char ...
Stantec Announces Private Offering of $425 Million Senior Unsecured Notes
GlobeNewswire News Room· 2025-05-30 21:15
Core Viewpoint - Stantec Inc. has announced a private placement offering of $425 million in senior unsecured notes with a fixed interest rate of 4.374%, aimed at repaying existing debt and for general corporate purposes [1][2]. Group 1: Offering Details - The offering consists of $425 million aggregate principal amount of senior unsecured notes due June 10, 2032, with a fixed interest rate of 4.374% per annum, payable semi-annually [1][2]. - The notes will be issued at par, resulting in gross proceeds of $425 million, with interest payments commencing on December 10, 2025 [2]. - The notes will rank pari passu with all existing and future senior unsecured indebtedness of Stantec and have been assigned a provisional rating of BBB with a stable trend by DBRS Limited [3]. Group 2: Regulatory and Legal Considerations - The notes will not be qualified for public sale under Canadian securities laws and will be offered on a private placement basis [4]. - The notes have not been registered under the U.S. Securities Act and cannot be offered or sold in the United States or to U.S. persons [4]. Group 3: Company Overview - Stantec is recognized as a global leader in sustainable engineering, architecture, and environmental consulting, addressing significant challenges such as aging infrastructure and energy transition [8][9]. - The company emphasizes the importance of community engagement and diverse perspectives in its projects, aiming to innovate in areas like climate change and digital transformation [10][11].
3 Reasons Why Growth Investors Shouldn't Overlook Stantec (STN)
ZACKS· 2025-05-30 17:46
Core Viewpoint - Growth stocks are appealing due to their above-average financial growth, but identifying strong growth stocks is challenging due to associated risks and volatility [1] Group 1: Company Overview - Stantec (STN) is identified as a promising growth stock with a favorable Growth Score and a top Zacks Rank [2] - The company exhibits a historical EPS growth rate of 18.4% and is projected to grow EPS by 18.6% this year, significantly outperforming the industry average of 4.4% [5] Group 2: Financial Metrics - Stantec's year-over-year cash flow growth stands at 17.2%, exceeding the industry average of 10.4% [6] - The company's annualized cash flow growth rate over the past 3-5 years is 28.8%, compared to the industry average of 8.3% [7] Group 3: Earnings Estimates - There has been a positive trend in earnings estimate revisions for Stantec, with the Zacks Consensus Estimate for the current year increasing by 2.5% over the past month [8] - Stantec's overall earnings estimate revisions have contributed to its Zacks Rank of 1 (Strong Buy) and a Growth Score of B, indicating strong potential for growth investors [10]
Stantec (STN) Upgraded to Strong Buy: Here's Why
ZACKS· 2025-05-26 17:01
Core Viewpoint - Stantec (STN) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system reflects changes in earnings estimates, which are strongly correlated with near-term stock price movements [4][6]. - Rising earnings estimates for Stantec suggest an improvement in the company's underlying business, likely leading to an increase in stock price [5][10]. Earnings Estimate Revisions - Stantec is projected to earn $3.83 per share for the fiscal year ending December 2025, representing an 18.6% year-over-year change [8]. - Over the past three months, the Zacks Consensus Estimate for Stantec has increased by 11.5%, indicating a positive trend in earnings expectations [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7][9]. - Stantec's upgrade to Zacks Rank 1 places it in the top 5% of Zacks-covered stocks, suggesting a strong potential for market-beating returns in the near term [10].
Stantec Inc. (STN) Hits Fresh High: Is There Still Room to Run?
ZACKS· 2025-05-19 14:16
Core Viewpoint - Stantec's shares have experienced significant growth, rising 16% over the past month and reaching a 52-week high of $101.81, with a year-to-date increase of 29.1% compared to the broader market [1][2]. Financial Performance - Stantec has consistently exceeded earnings expectations, reporting an EPS of $0.81 against a consensus estimate of $0.79 in its last earnings report, with a revenue beat of 4.49% [2]. - For the current fiscal year, Stantec is projected to achieve earnings of $3.86 per share on revenues of $4.77 billion, reflecting a 19.5% increase in EPS and an 11.37% increase in revenues. The following fiscal year is expected to see earnings of $4.31 per share on $5.11 billion in revenues, indicating year-over-year changes of 11.53% and 7.12%, respectively [3]. Valuation Metrics - Stantec's current valuation metrics indicate a premium, trading at 26.2 times the current fiscal year EPS estimates compared to the peer industry average of 21 times. On a trailing cash flow basis, it trades at 19.2 times versus the peer group's average of 18.7 times [6]. Style Scores and Zacks Rank - Stantec has a Value Score of D, while its Growth and Momentum Scores are B and A, respectively, resulting in a combined VGM Score of B. This suggests a mixed valuation perspective [6]. - The stock holds a Zacks Rank of 1 (Strong Buy), supported by favorable earnings estimate revisions from analysts, indicating potential for further gains [7].
Stantec Announces Results of its 2025 Annual Meeting of Shareholders
Globenewswire· 2025-05-15 21:00
Core Points - Stantec Inc. held its annual meeting of shareholders on May 15, 2025, with 88,159,157 shares represented, accounting for 77.29% of outstanding common shares [1] Group 1: Election of Directors - All nine nominees for the Board of Directors were elected, with the highest percentage of votes for Martin A. à Porta at 99.54% and the lowest for Marie-Lucie Morin at 95.65% [1] Group 2: Appointment of Auditor - PricewaterhouseCoopers LLP was reappointed as auditor for 2025, receiving 87,906,572 votes in favor, which is 99.71% of the total votes [2] Group 3: Executive Compensation - Shareholders approved Stantec's approach to executive compensation with 80,417,027 votes for, representing 94.77% [3] Group 4: Company Overview - Stantec is a global leader in sustainable engineering, architecture, and environmental consulting, addressing challenges such as aging infrastructure and energy transition [4][6]
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 ...