Workflow
Engineering
icon
Search documents
Stantec Stock Skyrockets 39% Year to Date: Has it Run Too Far?
ZACKS· 2025-07-09 13:26
Core Insights - Stantec Inc. (STN) has achieved a 39% year-to-date gain, significantly outperforming the industry's 6% decline, while U.S. peers have shown mixed results [1][8] - The company is benefiting from strong global demand for infrastructure, water security, and climate-resilient solutions, supported by long-term trends such as climate change initiatives and increased infrastructure investments [3][4] Financial Performance - In Q1 2025, Stantec's net revenues grew by 13.3% year-over-year, with organic revenue increasing by 5.9% when excluding acquisitions and currency effects [4] - The U.S. market saw a 2.4% organic growth, while Canada experienced a 15% revenue increase year-over-year, with key contributions from wastewater projects and large industrial developments [5][4] - Globally, revenues rose by 20.3% year-over-year, with the U.K. water business growing over 20% and energy transition projects boosting results in Australia and New Zealand [5] Margin Expansion - Stantec demonstrated efficient growth with project margins improving by 10 basis points to 54.3% and adjusted EBITDA margins rising by 70 basis points to 16.2% in Q1 2025 [9][10] - Lower administrative and marketing expenses, along with a proactive hiring strategy, are expected to enhance workforce utilization and operating leverage in the future [10][11] Analyst Sentiment - There has been a notable increase in positive analyst sentiment, with five analysts raising their 2025 earnings estimates and another five upgrading projections for 2026 [12][16] - Earnings are projected to grow by 19.5% in 2025 and 12% in 2026, with revenue expectations lifted to an 11% increase in 2025 and a 10% gain in 2026 [12][14] Valuation Concerns - Stantec's forward P/E ratio stands at 26.74, above its five-year median of 22.56, raising concerns about its valuation compared to peers like Tetra Tech and AECOM [17] - The elevated valuation may limit upside potential unless the company delivers significant earnings outperformance [17][18]
Stantec to release second quarter 2025 results on August 13, 2025 and host conference call on August 14, 2025
GlobeNewswire News Room· 2025-07-09 12:30
Core Viewpoint - Stantec, a global leader in sustainable design and engineering, is set to release its second quarter 2025 financial results on August 13, 2025, followed by a conference call on August 14, 2025, to discuss the company's performance [1]. Group 1: Financial Results Announcement - Stantec will announce its Q2 2025 financial results after market close on August 13, 2025 [1]. - A webcast and conference call will be held on August 14, 2025, at 7:00 AM Mountain Time (9:00 AM Eastern Time) to discuss the results [1][2]. Group 2: Company Overview - Stantec is recognized as a global leader in sustainable architecture, engineering, and environmental consulting, providing expertise to address challenges such as aging infrastructure and energy transition [4]. - The company emphasizes the importance of community engagement, considering diverse perspectives from project teams, clients, and impacted individuals [5]. - Stantec's professionals include designers, engineers, scientists, project managers, and strategic advisors, focusing on innovation at the intersection of community and client relationships [6].
MaxCyte to Report Second Quarter 2025 Financial Results on August 6, 2025
Globenewswire· 2025-07-09 12:05
ROCKVILLE, Md., July 09, 2025 (GLOBE NEWSWIRE) -- MaxCyte, Inc., (NASDAQ: MXCT), a leading, cell-engineering focused company providing enabling platform technologies to advance the discovery, development and commercialization of next-generation cell therapeutics, today announced that it will release financial results for the second quarter 2025 after the U.S. market close on Wednesday, August 6th, 2025. Company management will host a conference call to discuss financial results at 4:30 p.m. Eastern Time. Ea ...
X @The Wall Street Journal
It’s never been easier to create your own app with ‘vibe coding.’ Now, professional software engineers are bringing it into the enterprise. https://t.co/0Anb5hYS2n ...
SU Group Secures Record-Breaking US$11.3 Million Hospital Contract in Hong Kong
Prnewswire· 2025-07-09 11:00
HONG KONG, July 9, 2025 /PRNewswire/ -- SU Group Holdings Limited (Nasdaq: SUGP) ("SU Group" or the "Company"), an integrated security-related engineering services company in Hong Kong, today announced it has been awarded the largest contract in the Company's history, valued at HK$88.5 million (approximately US$11.3 million).The landmark contract involves the design, delivery, and integration of a full spectrum of security, monitoring, public address, and safety systems for a major hospital expansion and up ...
Will Quanta Services (PWR) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2025-07-08 17:11
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Quanta Services (PWR) . This company, which is in the Zacks Engineering - R and D Services industry, shows potential for another earnings beat.When looking at the last two reports, this specialty contractor for utility and energy companies has recorded a strong streak of surpassing earnings estimates. The company has topped es ...
Will Amentum (AMTM) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2025-07-08 17:11
Core Viewpoint - Amentum Holdings (AMTM) is positioned well to potentially beat earnings estimates in its upcoming quarterly report, supported by a solid history of exceeding expectations [1]. Company Performance - Amentum has a strong track record of surpassing earnings estimates, particularly in the last two quarters, with an average surprise of 11.88% [2]. - In the most recent quarter, Amentum reported earnings of $0.48 per share against an expectation of $0.53, resulting in a surprise of 10.42%. In the previous quarter, it reported $0.51 per share against a consensus estimate of $0.45, achieving a surprise of 13.33% [3]. Earnings Estimates - Recent changes in earnings estimates for Amentum have been favorable, with a positive Zacks Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [6]. - The current Earnings ESP for Amentum is +7.91%, reflecting increased analyst optimism regarding its near-term earnings potential [9]. Zacks Rank and Predictive Power - Amentum holds a Zacks Rank of 3 (Hold), which, when combined with a positive Earnings ESP, suggests a high probability of another earnings beat, with historical data indicating that nearly 70% of stocks with this combination exceed consensus estimates [7][9]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate being more reflective of recent analyst revisions [8].
Ten-League International Holdings Limited Announces Pricing of Initial Public Offering
Globenewswire· 2025-07-08 12:00
SINGAPORE, July 08, 2025 (GLOBE NEWSWIRE) -- Ten-League International Holdings Limited (the “Company” or “Ten-League”), a Singapore-based provider of turnkey project solutions, today announced the pricing of its initial public offering (the “Offering”) of 2,240,000 ordinary shares, 1,607,840 of which are being offered by the Company and 632,160 by selling shareholders, at a public offering price of US$4.00 per ordinary share. The ordinary shares have been approved for listing on the Nasdaq Capital Market an ...
Will Margin Gains in Infrastructure Continue for Sterling in 2025?
ZACKS· 2025-07-07 15:41
Core Insights - Sterling Infrastructure, Inc. is strategically focusing on high-value infrastructure projects, which is enhancing its margin profile and earnings quality [1] - The company reported a gross margin of 22% in Q1 2025, an increase of 400 basis points from the previous year [1][9] - The E-Infrastructure segment's adjusted operating margins expanded nearly 618 basis points year over year to 23.2%, driven by a focus on mission-critical projects like data centers [1][9] Company Strategy - Sterling's disciplined project selection strategy prioritizes large, complex builds, allowing it to avoid lower-margin work [2] - The shift towards aviation and rail projects in Transportation Solutions, along with reduced exposure to low-bid heavy highway work, has contributed to margin expansion [2] Future Outlook - The company expects full-year infrastructure growth supported by a multi-year backlog visibility, with the E-Infrastructure segment holding a backlog of $1.2 billion [3] - The total pipeline is nearing $2 billion when including future phase work, weighted towards higher-margin projects, indicating potential for sustained profitability [3] Industry Context - Competitors like Quanta Services, Inc. and EMCOR Group, Inc. are also focusing on high-return sectors such as data centers and transportation [5] - Quanta Services reported a 12-month backlog of $16.37 billion as of March 31, 2025, reflecting growing demand for electric grid upgrades and AI-driven infrastructure needs [6] - EMCOR Group's U.S. Electrical Construction and Facilities Services segment reported an operating margin of 12.5%, while the U.S. Mechanical Construction and Facilities Services segment posted an operating margin of 11.9% [7] Performance Metrics - Sterling's stock has gained 107.9% in the past three months, outperforming the Zacks Engineering - R and D Services industry's growth of 48% [8] - The company is currently trading at a price-to-earnings ratio of 26.14X, compared to the industry's average of 21.56X [11] - The Zacks Consensus Estimate for Sterling's EPS indicates year-over-year growth of 41.2% and 10.1% for 2025 and 2026, respectively [13]
Weekly report share buyback from June 30 to July 4, 2025
Globenewswire· 2025-07-07 15:30
Core Viewpoint - Technip Energies has conducted a share buyback program from June 30, 2025, to July 4, 2025, purchasing a total of 50,000 shares at an average price of €35.741625 per share [1][2]. Group 1: Share Buyback Details - The share buyback program was executed under a discretionary mandate by an investment services provider [1]. - Daily transactions included the purchase of 10,000 shares on each day from June 30 to July 4, 2025, with daily average prices ranging from €35.531312 to €35.902700 [2]. - The total volume of shares purchased during this period was 50,000 [2]. Group 2: Company Overview - Technip Energies is a global technology and engineering company with a focus on LNG, hydrogen, ethylene, sustainable chemistry, and CO2 management [3]. - The company generated revenues of €6.9 billion in 2024 and operates in 34 countries with over 17,000 employees [4].