Analysts Agree: Stantec is a Moderate Buy

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Stantec Inc ($TSX:STN). is a professional services company that provides engineering, architecture, interior design, environmental, and construction services. The company has earned a consensus rating of “Moderate Buy” from the ten analysts that are presently covering the company. The company’s stock has been on a bit of a roller coaster ride over the past year, but analysts believe that it is a good long-term investment.

In the short-term, the company may face some challenges due to the current economic environment, but analysts believe that it is well-positioned to weather the storm and emerge stronger on the other side. If you are looking for a company to invest in that has a solid track record and a bright future, Stantec Inc. is a good option to consider.

Market Price

Analysts agree that Stantec Inc. is a moderate buy. The company’s stock opened at CA$62.6 on Friday and closed at CA$63.6, up by 0.9% from prior closing price of 63.0.

VI Analysis

Based on the analysis done by VI app, STANTEC INC is a high risk investment in terms of financial and business aspects. The company’s fundamentals reflect its long term potential, but there are 3 risk warnings in income sheet, balance sheet, and non financial that investors should be aware of.

VI Peers

The company has a strong presence in North America and Europe and has completed many large-scale projects. Stantec’s competitors include Team Consulting Engineering and Management PCL, JSTI Group, and Dhruv Consultancy Services Ltd. All of these companies are large, well-established firms with a strong track record in the engineering and construction industry.

– Team Consulting Engineering and Management PCL ($SZSE:300284)

With a market cap of 7.2B as of 2022 and a return on equity of 5.66%, JSTI Group is a publicly traded company that provides various services including but not limited to engineering, construction, and project management. The company has a wide range of clients including government agencies and private companies. JSTI Group has been in business for over 50 years and has a strong reputation in the engineering and construction industry.

– JSTI Group ($BSE:541302)

Dhruv Consultancy Services Ltd is an engineering consultancy firm based in India. The company has a market capitalisation of 889.15 million as of 2022 and a return on equity of 10.73%. The company provides engineering and project management services to clients in the oil and gas, power, and infrastructure sectors. The company has offices in Mumbai, Delhi, Pune, and Bangalore.

Summary

Investing in STANTEC INC can be a good idea for many reasons. The company has a strong history of financial stability and growth, and is well-positioned to continue to perform well in the future. Additionally, STANTEC INC is a diversified company with a presence in many different markets, which helps to mitigate risk. One potential downside to investing in STANTEC INC is that the company is not without competition. There are many other engineering and construction firms out there vying for market share.

However, STANTEC INC has a strong brand and reputation, which should help it to continue to compete effectively.