Stantec: Capitalizing On The Infrastructure Boom Whilst Tackling Opportunities And Challenges
Stantec (STN) Seeking Alpha·2024-06-20 16:33
r 19 I ty t T 1 Stantec (NYSE:STN) is a leading professional services firm providing a variety of services to the built environment. Cyclical tailwinds in the industry have driven the share price higher amid growing revenues and a large order book. With the forward PE now standing at 26x, I believe the time is appropriate to understand if Stantec is worthy of an investment at the current valuation. Acquisitions in Q1 have increased headcount by over 2,700 skilled workers in the first 4 months of 2024. Busin ...