Alert: Positive Investment/Fundamental Signals (12/1/23)-Stantec Inc (NYSE: STN)


Significant positive changes in investment behavior have recently occurred for Stantec Inc (NYSE: STN): positive upside/downside volume developed.

Stantec Inc (NYSE: STN). Important positive changes in fundamentals have recently occurred: the consensus estimate for December, 2024 increased significantly, the consensus estimate for December, 2023 increased significantly, and significant quarterly earnings acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

STN is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Stantec has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Stantec has a poor Appreciation Score of 15 but a good Power Rating of 85, producing the Neutral Value Trend Rating.

Recent Price Action

Stantec Inc (NYSE: STN) stock closed at $75.50 on 12/1/23 after an increase of 1.8%. Moreover, this advance was accompanied by unusually high trading volume at 158% of normal. The stock has risen 8.5% during the last week and has been exceptionally strong relative to the market over the last nine months.

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