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Stantec (STN) Upgraded to Strong Buy: Here's Why
Stantec Stantec (US:STN) ZACKSยท2025-05-26 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].