SNC-Lavalin Group (SNC:TSX) is set to announce its earnings report before the market opens on Friday, March 3rd. Analysts predict earnings of C$0.33 per share for the quarter. As of Friday, SNC Lavalin stock is trading up 0.3% at C$27.97.
SNC-Lavalin Stock Analysis:
SNC-Lavalin Group has a market capitalization of C$4.91 billion with a price-to-earnings ratio of 90.23, a price-to-earnings-growth ratio of 6.38, and a beta of 1.41.
The company’s quick ratio stands at 0.72, while its current ratio is 0.85 with a debt-to-equity ratio of 86.43. Over the past year, the company’s stock has traded in a range between C$21.27 and C$33.11. SNC stock has a fifty-day simple moving average of C$27.12 and a 200-day simple moving average of C$25.37.
SNC Stock-Analyst Ratings:
Several research firms have recently commented on the SNC-Lavalin stock. CIBC downgraded the company’s rating from “outperform” to “neutral,” while Raymond James increased its price target from C$33.00 to C$36.00 and gave the stock an “outperform” rating.
TD Securities cut its price objective from C$35.00 to C$34.00 but maintained a “buy” rating on the stock.
Similarly, ATB Capital lowered its price objective to C$36.00 and maintained a “buy” rating.
National Bankshares cut its price target to C$36.00 but maintained an “outperform” rating on the SNC stock.
SNC Lavalin stock has an average rating of “Strong Buy” with a consensus price target of C$36.67, according to data from Stock Target Advisor.
Company Profile:
SNC-Lavalin Group Inc. operates as integrated professional services and project management company. It operates through Engineering, Design, and Project Management (EDPM); Nuclear; Infrastructure Services; Resources; Infrastructure EPC (Engineering, Procurement, and Construction) Projects; and Capital segments.
The Capital segment invests in infrastructure concessions, such as bridges and highways, mass transit systems, power facilities, energy infrastructure, water treatment plants, and social infrastructure. It has operations in the Asia Pacific, the United Kingdom, Europe, the Middle East, and the Americas. SNC-Lavalin Group Inc. was founded in 1911 and is headquartered in Montreal, Canada.
