Latest news with #Stantec
Yahoo
4 days ago
- Business
- Yahoo
3 Reasons Growth Investors Will Love Stantec (STN)
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock. That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss. However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company's real growth prospects, makes it pretty easy to find cutting-edge growth stocks. Our proprietary system currently recommends Stantec (STN) as one such stock. This company not only has a favorable Growth Score, but also carries a top Zacks Rank. Research shows that stocks carrying the best growth features consistently beat the market. And returns are even better for stocks that possess the combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or 2 (Buy). Here are three of the most important factors that make the stock of this engineering firm a great growth pick right now. Earnings growth is arguably the most important factor, as stocks exhibiting exceptionally surging profit levels tend to attract the attention of most investors. And for growth investors, double-digit earnings growth is definitely preferable, and often an indication of strong prospects (and stock price gains) for the company under consideration. While the historical EPS growth rate for Stantec is 18.4%, investors should actually focus on the projected growth. The company's EPS is expected to grow 19.4% this year, crushing the industry average, which calls for EPS growth of 4.4%. Cash is the lifeblood of any business, but higher-than-average cash flow growth is more beneficial and important for growth-oriented companies than for mature companies. That's because, high cash accumulation enables these companies to undertake new projects without raising expensive outside funds. Right now, year-over-year cash flow growth for Stantec is 17.2%, which is higher than many of its peers. In fact, the rate compares to the industry average of 10.7%. While investors should actually consider the current cash flow growth, it's worth taking a look at the historical rate too for putting the current reading into proper perspective. The company's annualized cash flow growth rate has been 28.8% over the past 3-5 years versus the industry average of 8.3%. Beyond the metrics outlined above, investors should consider the trend in earnings estimate revisions. A positive trend is a plus here. Empirical research shows that there is a strong correlation between trends in earnings estimate revisions and near-term stock price movements. The current-year earnings estimates for Stantec have been revising upward. The Zacks Consensus Estimate for the current year has surged 3.2% over the past month. Stantec has not only earned a Growth Score of B based on a number of factors, including the ones discussed above, but it also carries a Zacks Rank #1 because of the positive earnings estimate revisions. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. This combination positions Stantec well for outperformance, so growth investors may want to bet on it. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Stantec Inc. (STN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Cision Canada
4 days ago
- Business
- Cision Canada
FuelPositive Announces Strategic Partnership with Stantec
WINNIPEG, MB, June 16, 2025 /CNW/ - FuelPositive Corp. (TSXV: NHHH) (OTCQB: NHHHF) is pleased to announce substantial progress in the final certification and commissioning of the world's first farmer-owned, decentralized Green Ammonia production system. As the company nears the completion of its certification process, FuelPositive has formalized a strategic partnership with Stantec, one of the most respected and impactful engineering and environmental consulting firms globally. Working collaboratively, the two teams are now focused on completing the final approvals before the company's first decentralized, farmer-owned green ammonia system can be powered on. To read Stantec's news release, Click Here A Strategic Collaboration for Final Certification Over the past few months, Stantec has been instrumental in validating the technical and regulatory documentation necessary for certification in Manitoba. Founded and headquartered in Edmonton, Stantec brings extensive expertise in sustainable engineering, infrastructure, and regulatory compliance. Their deep understanding of Manitoba-specific environmental and safety frameworks, combined with a proven track record in scaling clean technologies, makes them the ideal partner to guide FuelPositive through the final approvals. With Stantec's multi-faceted support and in partnership with Wescan, FuelPositive has successfully finalized pressure vessel certification through Manitoba's Inspection and Technical Services department (ITS. Navigating the technical and regulatory requirements demanded precision and experience, and Stantec's expert guidance was essential in effectively completing the process. Stantec also played a critical role in supporting FuelPositive through the environmental compliance process with Manitoba Environment and Climate Change. This approval confirms that on-farm use of the FP300 system aligns with provincial regulatory standards, validating its readiness for activation and creating a clear path for the certification of future FP1500 commercial systems throughout Manitoba. Stantec: A Transformational Partner Alongside their support for FuelPositive, Stantec plays a key role in advancing a variety of other impactful initiatives. With 32,000 employees across over 450 offices worldwide, Stantec is a recognized global leader in sustainable infrastructure and design. Its award-winning work and consistent recognition for innovation and excellence in environmental, social, and governance (ESG) practices align closely with FuelPositive's mission, strengthening both the credibility and real-world potential of the project. "Partnering with FuelPositive on this demonstration project exemplifies our commitment to advancing decarbonization in industrial applications," said Ameya Bhandarkar, Industrial Buildings Lead at Stantec. "We're proud to be part of their vision and support this important project through commissioning, startup, and beyond." Stantec is very active in Manitoba, having led numerous high-profile projects, including the Manitoba Museum, North End Sewage Treatment Plant Upgrade, and Fort Whyte Alive Buffalo Crossing Visitor Centre. Their 60,000-square-foot, LEED Gold-certified Winnipeg Centrepoint office serves as a hub for local development and community engagement. "The depth and rigour of Manitoba's certification process cannot be overstated," added André Mech, BEng, MBA – Advisor, Carbon Credits and Emissions Reduction and Independent Director. "Stantec's independent validation brings a high level of assurance. Their involvement confirms that the system is built to meet and exceed strict environmental and safety standards." Completing the final sequence of approvals FuelPositive is now entering the final sequence of regulatory approvals, with Stantec overseeing the process. These final steps include essential yet minor system modifications to meet jurisdiction-specific requirements, a three-day electrical compliance review by Intertek, and a provincial utility inspection, a final step required before the system can be powered on. "FuelPositive remains firmly committed to realizing our vision of commercializing Dr. Dincer's technology," said Ian Clifford, Co-Founder, Chair, and CEO of FuelPositive. "Over the past year, we've brought the system significantly closer to that goal, advancing its design, integration, and regulatory readiness. Stantec's involvement is helping FuelPositive finalize the essential technical and regulatory elements, as our broader vision continues to take shape." FuelPositive is also working closely with Wescan, Intertek, and other stakeholders to complete the remaining regulatory steps. These involve final system refinements and inspections, which will commence as soon as further operational funding is secured. With the system already integrated with Manitoba's hydroelectric grid, a successful utility inspection is expected to clear the way for immediate activation. "Activation means proven on-farm performance, confirmed customers, and the start of revenue," Clifford added. "That's what we're focused on: delivering with discipline, direction and purpose FuelPositive is prioritizing non-dilutive funding options as part of its overall financing strategy. Securing the operational capital required to complete system activation remains critical to maintaining the Company's first-mover advantage. Fair Communication, Clear Progress This news release follows a period of limited public communication. During the extended TSXV review, FuelPositive made a deliberate decision to pause communications in order to protect the integrity of its process and avoid disadvantaging Canadian shareholders, who were temporarily unable to trade while the stock remained active in the U.S. market. "We paused public updates during the TSXV review to ensure fairness and protect Canadian investors," said Luna Charlebois Clifford, Co-Founder, Director, and Chief Impact Officer. "But behind the scenes, we never slowed down. This has been a defining chapter, one marked by vision, trust, and a deep belief in what we're building. The progress we've made reflects the unwavering dedication of our team and partners, and the transformational potential of what lies ahead." FuelPositive will continue to share focused updates as it advances toward system activation. In its upcoming news releases, the Company will provide details on the forthcoming Annual General Meeting, including key insights into its financial position and long-term strategic direction. About FuelPositive: Groundbreaking AgTech and Green Energy: FuelPositive's containerized Green Ammonia systems are redefining the ammonia industry by decentralizing production and placing control directly in the hands of farmers. This innovative model enables on-site generation of green nitrogen fertilizer and carbon-free fuel, reducing dependence on volatile supply chains and pricing. Each ton of ammonia produced by a FuelPositive system eliminates up to 2 tons of CO₂e emissions, offering both environmental and economic advantages. Designed for simplicity, reliability, and remote monitoring, the systems integrate seamlessly into farm operations, enabling farmers to produce what they need and when they need it, without added complexity. Built in Canada, Designed for Farmers The FP300 demonstration system, installed on an 11,000-acre grain farm in Sperling, Manitoba, is designed to produce 100 metric tonnes of Green Ammonia annually. This system serves as the foundation for the FP1500 commercial system, which has an annual output of 500 metric tonnes and is designed to support farms of approximately 10,000 acres. Powered by Manitoba's clean hydroelectricity, the system produces carbon-free ammonia on demand and provides a decentralized, cost-effective alternative to fossil-fuel-based fertilizers and fuels. First System Delivery: A Milestone in Sustainable Agriculture: In June 2024, FuelPositive delivered its first commercial demonstration system, the FP300, to Tracy and Curtis Hiebert's 11,000-acre grain farm near Sperling, Manitoba. This milestone marks a major advancement for both the Company and the future of sustainable agriculture. The upcoming system activation will further highlight the transformative impact of FuelPositive's technology on farming practices, supporting a more resilient and sustainable food system. Manitoba: A Global Center of Excellence: FuelPositive is positioning Manitoba at the forefront of decentralized Green Ammonia production. With a bold vision to establish a world-leading manufacturing hub in the province, the Company is set to drive economic growth, create high-value jobs in engineering, science, and skilled trades, and transform Manitoba into a global centre of excellence for sustainable agriculture and clean technology. FuelPositive Corporation is located in Ontario and Manitoba (Canada) and trades on the TSX Venture Exchange under the symbol NHHH, as well as on the OTCQB in the USA under the symbol NHHHF. Cautionary Statement Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. Forward-Looking Statements This news release contains certain "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") that are based on expectations, estimates and projections as of the date of this news release. The information in this release about future plans and objectives of the Company are forward-looking statements. These forward-looking statements are based on assumptions and estimates of management of the Company at the time they were made and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Company as of the time of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. These estimates and assumptions may prove to be incorrect. Many of these uncertainties and contingencies can directly or indirectly affect and could cause, actual results to differ materially from those expressed or implied in any forward-looking statements. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Forward-looking information is provided to provide information about management's expectations and plans relating to the future. The Company disclaims any intention or obligation to update or revise any forward-looking information or to explain any material difference between subsequent actual events and such forward-looking information, except to the extent required by applicable law. SOURCE FuelPositive Corp.
Yahoo
05-06-2025
- Business
- Yahoo
Are You Looking for a Top Momentum Pick? Why Stantec (STN) is a Great Choice
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us. Below, we take a look at Stantec (STN), which currently has a Momentum Style Score of B. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings estimate revisions. It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Stantec currently has a Zacks Rank of #1 (Strong Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period. You can see the current list of Zacks #1 Rank Stocks here >>> Let's discuss some of the components of the Momentum Style Score for STN that show why this engineering firm shows promise as a solid momentum pick. A good momentum benchmark for a stock is to look at its short-term price activity, as this can reflect both current interest and if buyers or sellers currently have the upper hand. It is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a particular area. For STN, shares are up 1.09% over the past week while the Zacks Consulting Services industry is flat over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 15.69% compares favorably with the industry's 1.83% performance as well. While any stock can see a spike in price, it takes a real winner to consistently outperform the market. Shares of Stantec have increased 28.63% over the past quarter, and have gained 27.17% in the last year. In comparison, the S&P 500 has only moved 3.59% and 14.21%, respectively. Investors should also take note of STN's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. Right now, STN is averaging 204,088 shares for the last 20 days. The Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with STN. Over the past two months, 6 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost STN's consensus estimate, increasing from $3.62 to $3.86 in the past 60 days. Looking at the next fiscal year, 6 estimates have moved upwards while there have been no downward revisions in the same time period. Given these factors, it shouldn't be surprising that STN is a #1 (Strong Buy) stock and boasts a Momentum Score of B. If you're looking for a fresh pick that's set to soar in the near-term, make sure to keep Stantec on your short list. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Stantec Inc. (STN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
04-06-2025
- Business
- Yahoo
Stantec Inc. (STN) Hit a 52 Week High, Can the Run Continue?
Have you been paying attention to shares of Stantec (STN)? Shares have been on the move with the stock up 14.9% over the past month. The stock hit a new 52-week high of $105.03 in the previous session. Stantec has gained 33.8% since the start of the year compared to the -0.9% move for the Zacks Business Services sector and the -5.2% return for the Zacks Consulting Services industry. The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on May 14, 2025, Stantec reported EPS of $0.81 versus consensus estimate of $0.79. For the current fiscal year, Stantec is expected to post earnings of $3.86 per share on $4.76 billion in revenues. This represents a 19.5% change in EPS on a 11.07% change in revenues. For the next fiscal year, the company is expected to earn $4.33 per share on $5.22 billion in revenues. This represents a year-over-year change of 12.26% and 9.71%, respectively. Stantec may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company has run ahead of itself. On this front, we can look at the Zacks Style Scores, as they provide investors with an additional way to sort through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. The idea behind the style scores is to help investors pick the most appropriate Zacks Rank stocks based on their individual investment style. Stantec has a Value Score of D. The stock's Growth and Momentum Scores are B and C, respectively, giving the company a VGM Score of B. In terms of its value breakdown, the stock currently trades at 27.2X current fiscal year EPS estimates, which is a premium to the peer industry average of 20.5X. On a trailing cash flow basis, the stock currently trades at 19.9X versus its peer group's average of 17.4X. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective. We also need to consider the stock's Zacks Rank, as this supersedes any trend on the style score front. Fortunately, Stantec currently has a Zacks Rank of #1 (Strong Buy) thanks to rising earnings estimates. Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Stantec fits the bill. Thus, it seems as though Stantec shares could have a bit more room to run in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Stantec Inc. (STN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
01-06-2025
- Business
- Yahoo
Here's Why We Think Stantec (TSE:STN) Is Well Worth Watching
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks' without any revenue, let alone profit. Sometimes these stories can cloud the minds of investors, leading them to invest with their emotions rather than on the merit of good company fundamentals. Loss making companies can act like a sponge for capital - so investors should be cautious that they're not throwing good money after bad. In contrast to all that, many investors prefer to focus on companies like Stantec (TSE:STN), which has not only revenues, but also profits. While profit isn't the sole metric that should be considered when investing, it's worth recognising businesses that can consistently produce it. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. If a company can keep growing earnings per share (EPS) long enough, its share price should eventually follow. That makes EPS growth an attractive quality for any company. Shareholders will be happy to know that Stantec's EPS has grown 24% each year, compound, over three years. If the company can sustain that sort of growth, we'd expect shareholders to come away satisfied. Top-line growth is a great indicator that growth is sustainable, and combined with a high earnings before interest and taxation (EBIT) margin, it's a great way for a company to maintain a competitive advantage in the market. Stantec maintained stable EBIT margins over the last year, all while growing revenue 16% to CA$6.0b. That's a real positive. You can take a look at the company's revenue and earnings growth trend, in the chart below. To see the actual numbers, click on the chart. See our latest analysis for Stantec The trick, as an investor, is to find companies that are going to perform well in the future, not just in the past. While crystal balls don't exist, you can check our visualization of consensus analyst forecasts for Stantec's future EPS 100% free. Insider interest in a company always sparks a bit of intrigue and many investors are on the lookout for companies where insiders are putting their money where their mouth is. That's because insider buying often indicates that those closest to the company have confidence that the share price will perform well. However, insiders are sometimes wrong, and we don't know the exact thinking behind their acquisitions. The CA$284k worth of shares that insiders sold during the last 12 months pales in comparison to the CA$2.7m they spent on acquiring shares in the company. This adds to the interest in Stantec because it suggests that those who understand the company best, are optimistic. We also note that it was the Executive VP & CFO, Vito Culmone, who made the biggest single acquisition, paying CA$486k for shares at about CA$121 each. The good news, alongside the insider buying, for Stantec bulls is that insiders (collectively) have a meaningful investment in the stock. As a matter of fact, their holding is valued at CA$47m. That shows significant buy-in, and may indicate conviction in the business strategy. Despite being just 0.3% of the company, the value of that investment is enough to show insiders have plenty riding on the venture. While insiders already own a significant amount of shares, and they have been buying more, the good news for ordinary shareholders does not stop there. The cherry on top is that the CEO, Gord Johnston is paid comparatively modestly to CEOs at similar sized companies. For companies with market capitalisations over CA$11b, like Stantec, the median CEO pay is around CA$10m. Stantec's CEO took home a total compensation package worth CA$8.6m in the year leading up to December 2023. That is actually below the median for CEO's of similarly sized companies. While the level of CEO compensation shouldn't be the biggest factor in how the company is viewed, modest remuneration is a positive, because it suggests that the board keeps shareholder interests in mind. It can also be a sign of a culture of integrity, in a broader sense. For growth investors, Stantec's raw rate of earnings growth is a beacon in the night. Furthermore, company insiders have been adding to their significant stake in the company. Astute investors will want to keep this stock on watch. If you think Stantec might suit your style as an investor, you could go straight to its annual report, or you could first check our discounted cash flow (DCF) valuation for the company. Keen growth investors love to see insider activity. Thankfully, Stantec isn't the only one. You can see a a curated list of Canadian companies which have exhibited consistent growth accompanied by high insider ownership. Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. 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