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4-Traders Homepage  >  Equities  >  Toronto Stock Exchange  >  Stantec Inc.    STN   CA85472N1096

STANTEC INC. (STN)
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Stantec : What's with all those black tubes on Hilton Head roads? Here's what we found out

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02/09/2018 | 06:51pm CET

Feb. 09--Your drive around Hilton Head might have been a bit bumpier this week. That's because black "tube counters" are lining U.S. 278 and other roads.

District six traffic engineer Josh Johnson said it's hard to determine exactly what the tubes are for, but it's likely either part of an annual state-wide traffic count or a project looking at signal timing in the William Hilton Parkway corridor.

Darrin Shoemaker, traffic and transportation engineer for the Town of Hilton Head, said the S.C. Department of Transportation contracted with Stantec, Inc. of North Charleston to study traffic signal timings in the corridor of 278 from Squire Pope Road to Beach City Road and Gardner Drive.

Stantec did not return multiple requests for comment.

The tubes on Hilton Head are placed two at a time. Johnson said when two tubes are placed close together, the speed and type of vehicle can be measured.

"It makes vehicle counts more accurate to have two (tubes)," Johnson said.

The tubes work by pushing a puff of air into a counter on the side of the road when a vehicle drives over them, he said.

The tubes, which showed up this week, will likely be gone soon. Johnson said the tubes are usually only out for three days to a week.

Alex Kincaid: 843-706-8123, @alexkincaid22

___

(c)2018 The Island Packet (Hilton Head, S.C.)

Visit The Island Packet (Hilton Head, S.C.) at www.islandpacket.com

Distributed by Tribune Content Agency, LLC.

© Tribune Content Agency, source Regional News

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Financials ( CAD)
Sales 2017 3 476 M
EBIT 2017 282 M
Net income 2017 135 M
Debt 2017 526 M
Yield 2017 1,40%
P/E ratio 2017 31,24
P/E ratio 2018 17,89
EV / Sales 2017 1,32x
EV / Sales 2018 1,20x
Capitalization 4 067 M
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Technical analysis trends STANTEC INC.
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Mean consensus HOLD
Number of Analysts 11
Average target price 39,4  CAD
Spread / Average Target 10%
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Managers
NameTitle
Gordon Allan Johnston President & Chief Executive Officer
Aram H. Keith Chairman
Scott L. Murray Chief Operating Officer & Executive Vice President
Daniel J. Lefaivre Chief Financial Officer & Executive Vice President
Anthony P. Franceschini Independent Director
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