Major Engineering Giant Stantec Prepares to Unveil 2024 Performance Metrics - StockTitan
| STN Stock | CAD 118.00 3.43 2.82% |
About 62% of Stantec's investor base is looking to short. The current sentiment regarding investing in Stantec stock implies that many traders are alarmed. Stantec's investing sentiment overview a quick insight into current market opportunities from investing in Stantec. Many technical investors use Stantec stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Stantec |
Major Engineering Giant Stantec Prepares to Unveil 2024 Performance Metrics StockTitan
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Stantec Fundamental Analysis
We analyze Stantec's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Stantec using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Stantec based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Book
Price To Book Comparative Analysis
Stantec is currently under evaluation in price to book category among its peers. Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Stantec Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Stantec stock to make a market-neutral strategy. Peer analysis of Stantec could also be used in its relative valuation, which is a method of valuing Stantec by comparing valuation metrics with similar companies.
Peers
Stantec Related Equities
| FTT | Finning International | 1.67 |
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| TIH | Toromont Industries | 2.12 |
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| RBA | Ritchie Bros | 2.21 |
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| WSP | WSP Global | 4.12 |
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| SJ | Stella Jones | 4.49 |
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Check out Stantec Hype Analysis, Stantec Correlation and Stantec Performance. To learn how to invest in Stantec Stock, please use our How to Invest in Stantec guide.You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.