|Bid||43.61 x 900|
|Ask||43.64 x 800|
|Day's Range||43.52 - 44.04|
|52 Week Range||28.10 - 47.56|
|Beta (5Y Monthly)||0.78|
|PE Ratio (TTM)||32.51|
|Earnings Date||Aug 04, 2021|
|Forward Dividend & Yield||0.54 (1.22%)|
|Ex-Dividend Date||Jun 29, 2021|
|1y Target Est||28.21|
Advanced mobility program will include autonomous vehicles connected to the wider intelligent transportation system EDMONTON, Alberta, NEW YORK and LAS VEGAS, May 11, 2021 (GLOBE NEWSWIRE) -- TSX, NYSE: STN The Regional Transportation Commission (RTC) of Southern Nevada has selected global design firm Stantec to lead the implementation of the GoMed Program – its vision for safer and more efficient travel to, from, and within the Las Vegas Medical District (LVMD). The advanced mobility program will include planning and implementation for the seamless integration of autonomous vehicles (AVs), connected technologies, traffic and data management, and user software interface. The GoMed Program will be one of the first long-term deployments of AV shuttles in the world. “We are delighted to be a partner in this cutting-edge project. Las Vegas is leading the way in deploying autonomous vehicles to solve real-world problems, building a more sustainable transportation system for the future,” said Kate Jack, Smart Mobility Lead at Stantec. “By deploying these shuttles from downtown to the medical district, we are providing a stress-free and accessible mobility solution for patients and staff.” GoMed – also known as the Automated Circulator and Connected Pedestrian Safety Program – is largely funded through a United States Department of Transportation (USDOT) BUILD program award and will be jointly delivered by the RTC and the City of Las Vegas. The program demonstrates the ability to apply connected and automated technology in a complex urban setting, and will integrate connected technologies like automated pedestrian detection to enhance safety. Las Vegas has been on the forefront of new mobility, including the Fremont Street pilot, the first driverless shuttle pilot in the United States, where Stantec staff provided program management, vehicle testing plans, and AV strategies. Prioritizing safety, accessibility, equity, and a friendly user experience will be central to the GoMed strategy. The on-demand service offered by connected and autonomous technology will deliver patients and staff to LVMD locations and nearby transit facilities efficiently and comfortably, inclusive of those with disabilities. The solutions applied to the 674-acre cluster of hospitals, clinics, and the University of Nevada, Las Vegas School of Medicine will be scalable and replicable city-wide, providing potential long-term mobility solutions for the Las Vegas Valley. “We have a longstanding relationship with both the RTC and the City of Las Vegas, and we are thrilled to be part of this revolutionary project,” said Brian Norris, project manager and Stantec’s Transportation Business Leader. “We see our role in this project as more than just a consultant – we’ll be a mobility partner to RTC and the City every step of the way from planning and implementation to ribbon cutting.” The planning and engineering of vehicle to infrastructure (V2I) technology will be a critical component in the integration of connected technologies, from the user experience to traffic management, and all the sensors in between. AV vehicle planning, vendor selection, and operational rollout will be guided by Stantec’s GenerationAV™ Deployment Playbook. Stantec’s Smart Mobility practice has been engaged in numerous notable projects, including the launch of ACTIVE-AURORA, Canada’s first Connected Vehicle Testbed; Tennessee’s statewide traffic management center upgrade; Tulsa, OK’s Mobility Innovation Strategy; and the engineering behind the Intelligent Transport Systems that enabled autonomous shuttles in Montreal, the first self-driving vehicles on urban public roads in Québec. In Dubai, Stantec worked with the Roads and Transport Authority to frame the city’s Self-Driving Code of Practice. Find out more about Smart Mobility at Stantec. About Stantec Communities are fundamental. Whether around the corner or across the globe, they provide a foundation, a sense of place and of belonging. That's why at Stantec, we always design with community in mind.We're designers, engineers, scientists, and project managers, innovating together at the intersection of community, creativity, and client relationships. Balancing these priorities results in projects that advance the quality of life in communities across the globe. Stantec trades on the TSX and the NYSE under the symbol STN. For more information about Stantec’s response to COVID-19, visit Responding to COVID-19. Cautionary Note Regarding Forward-Looking StatementsThis news release contains forward-looking statements regarding the projects described above. Forward-looking statements also include any other statements that do not refer to historical facts. By their nature, forward-looking statements are based on assumptions and subject to inherent risks and uncertainties. There is a risk that the projects described above may be delayed, cancelled, suspended or terminated. This could cause future results to differ materially from the forward-looking statements made in this news release. Except as may be required by law, Stantec undertakes no obligation to publicly update or revise any forward-looking statements. Forward-looking statements are provided herein for the purpose of giving information about the projects referred to above and their expected impact. Readers are cautioned that such information may not be appropriate for other purposes. Media Contact Investor Relations ContactDanny Craig Tom McMillanStantec Media Relations Stantec Investor RelationsPh (949) 923-6085 Ph (780) email@example.com firstname.lastname@example.org To subscribe to Stantec’s email news alerts, please fill out the subscription form, which is available on the Contact Information page of the Investors section at Stantec.com. Design with community in mind
Stantec Inc. ( TSE:STN ) just released its latest quarterly report and things are not looking great. It wasn't a great...
STN earnings call for the period ending March 31, 2021.