Brokerages Set Stella-Jones Inc. (TSE:SJ) PT at C$94.38

Stella-Jones Inc. (TSE:SJ) has earned an average recommendation of “Moderate Buy” from the eight ratings firms that are covering the firm, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is C$93.75.

SJ has been the topic of a number of research analyst reports. Raymond James Financial decreased their price objective on shares of Stella-Jones from C$95.00 to C$90.00 and set an “outperform” rating on the stock in a report on Monday. Scotiabank reduced their price target on shares of Stella-Jones from C$99.00 to C$97.00 and set a “sector outperform” rating for the company in a research report on Tuesday, April 28th. Canadian Imperial Bank of Commerce lowered their price target on Stella-Jones from C$87.00 to C$82.00 in a report on Thursday, July 9th. Desjardins dropped their price objective on Stella-Jones from C$107.00 to C$104.00 and set a “buy” rating for the company in a research note on Thursday, May 7th. Finally, National Bank Financial cut Stella-Jones from an “outperform” rating to a “hold” rating and reduced their price objective for the stock from C$107.00 to C$95.00 in a report on Wednesday, April 8th.

Insider Activity

In other news, Director Anne Elizabeth Giardini purchased 1,000 shares of the business’s stock in a transaction dated Monday, May 11th. The stock was acquired at an average price of C$71.25 per share, with a total value of C$71,250.00. Following the purchase, the director directly owned 3,400 shares of the company’s stock, valued at C$242,250. This represents a 41.67% increase in their position. Also, Director Kevin Patrick Comerford purchased 500 shares of the business’s stock in a transaction dated Monday, May 11th. The shares were purchased at an average cost of C$72.06 per share, with a total value of C$36,030.00. Following the purchase, the director directly owned 6,176 shares in the company, valued at approximately C$445,042.56. The trade was a 8.81% increase in their ownership of the stock. Insiders bought a total of 3,443 shares of company stock worth $247,814 over the last 90 days. 0.14% of the stock is currently owned by corporate insiders.

Stella-Jones Trading Down 1.1%

TSE:SJ opened at C$76.65 on Friday. The stock has a fifty day moving average price of C$79.30 and a two-hundred day moving average price of C$85.77. The stock has a market capitalization of C$4.18 billion, a price-to-earnings ratio of 13.89, a PEG ratio of 2.40 and a beta of -0.07. The company has a debt-to-equity ratio of 80.71, a quick ratio of 1.20 and a current ratio of 4.96. Stella-Jones has a 1 year low of C$69.94 and a 1 year high of C$101.31.

Stella-Jones (TSE:SJ) last issued its earnings results on Wednesday, May 6th. The company reported C$1.12 EPS for the quarter. Stella-Jones had a net margin of 8.66% and a return on equity of 14.85%. The company had revenue of C$791.00 million for the quarter. As a group, sell-side analysts anticipate that Stella-Jones will post 6.4457565 earnings per share for the current fiscal year.

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.