Stella-Jones (TSE:SJ) Insider Marco Albanesi Buys 206 Shares

Stella-Jones Inc. (TSE:SJ) insider Marco Albanesi purchased 206 shares of the company’s stock in a transaction dated Tuesday, May 12th. The stock was bought at an average price of C$73.00 per share, with a total value of C$15,038.00. Following the completion of the transaction, the insider directly owned 826 shares of the company’s stock, valued at approximately C$60,298. This represents a 33.23% increase in their ownership of the stock.

Stella-Jones Trading Up 3.0%

TSE SJ traded up C$2.17 on Tuesday, reaching C$74.24. 256,286 shares of the company were exchanged, compared to its average volume of 143,931. Stella-Jones Inc. has a fifty-two week low of C$69.94 and a fifty-two week high of C$101.31. The stock has a market capitalization of C$4.05 billion, a P/E ratio of 13.45, a price-to-earnings-growth ratio of 2.40 and a beta of -0.15. The business’s fifty day moving average price is C$88.55 and its 200 day moving average price is C$88.10. The company has a current ratio of 4.96, a quick ratio of 1.20 and a debt-to-equity ratio of 80.71.

Stella-Jones (TSE:SJ) last posted its quarterly earnings results on Wednesday, May 6th. The company reported C$1.12 EPS for the quarter. Stella-Jones had a return on equity of 14.85% and a net margin of 8.66%.The business had revenue of C$791.00 million for the quarter. Analysts forecast that Stella-Jones Inc. will post 6.4457565 earnings per share for the current year.

Wall Street Analysts Forecast Growth

SJ has been the subject of a number of recent analyst reports. TD reduced their price target on shares of Stella-Jones from C$106.00 to C$93.00 and set a “buy” rating on the stock in a research report on Monday. Raymond James Financial cut their target price on Stella-Jones from C$100.00 to C$95.00 and set an “outperform” rating for the company in a research note on Thursday, May 7th. Royal Bank Of Canada reduced their target price on Stella-Jones from C$93.00 to C$85.00 and set a “sector perform” rating on the stock in a research report on Thursday, May 7th. Scotiabank lowered their price target on Stella-Jones from C$99.00 to C$97.00 and set a “sector outperform” rating for the company in a report on Tuesday, April 28th. Finally, National Bank Financial lowered shares of Stella-Jones from an “outperform” rating to a “hold” rating and lowered their target price for the stock from C$107.00 to C$95.00 in a research note on Wednesday, April 8th. Five equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Stella-Jones has a consensus rating of “Moderate Buy” and a consensus price target of C$95.38.

Stella-Jones Company Profile

Stella-Jones Inc produces and sells lumber and wood products. The company operates in two segments: Pressure-treated wood, which includes utility poles, railway ties, residential lumber, and industrial products; and Logs & Lumber segment comprises of the sales of logs harvested in the course of the company’s procurement process that is determined to be unsuitable for use as utility poles, it also includes the sale of excess lumber to local home-building markets. The vast majority of its revenue comes from the Pressure-treated wood segment.