FY2027 EPS Estimates for Stella-Jones Reduced by Scotiabank

Stella-Jones Inc. (TSE:SJ) – Investment analysts at Scotiabank decreased their FY2027 earnings per share estimates for shares of Stella-Jones in a research note issued to investors on Wednesday, July 29th. Scotiabank analyst J. Goldman now anticipates that the company will post earnings of $6.34 per share for the year, down from their previous estimate of $6.75. Scotiabank has a “Sector Outperform” rating and a $97.00 price objective on the stock. The consensus estimate for Stella-Jones’ current full-year earnings is $6.45 per share.

SJ has been the subject of several other reports. Canadian Imperial Bank of Commerce reduced their price objective on Stella-Jones from C$87.00 to C$82.00 in a research note on Thursday, July 9th. TD lowered their target price on shares of Stella-Jones from C$106.00 to C$93.00 and set a “buy” rating on the stock in a research note on Monday, May 11th. Royal Bank Of Canada dropped their target price on shares of Stella-Jones from C$85.00 to C$82.00 in a report on Thursday, July 9th. Desjardins reduced their target price on shares of Stella-Jones from C$107.00 to C$104.00 and set a “buy” rating for the company in a research report on Thursday, May 7th. Finally, Raymond James Financial decreased their price target on shares of Stella-Jones from C$95.00 to C$90.00 and set an “outperform” rating on the stock in a research note on Monday. Five investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of C$93.75.

Stella-Jones Stock Performance

Shares of TSE:SJ opened at C$76.65 on Friday. The company has a debt-to-equity ratio of 80.71, a current ratio of 4.96 and a quick ratio of 1.20. Stella-Jones has a 1 year low of C$69.94 and a 1 year high of C$101.31. The firm has a market capitalization of C$4.18 billion, a PE ratio of 13.89, a P/E/G ratio of 2.40 and a beta of -0.07. The business’s 50 day moving average price is C$79.30 and its 200-day moving average price is C$85.77.

Stella-Jones (TSE:SJ) last announced its earnings results on Wednesday, May 6th. The company reported C$1.12 EPS for the quarter. The business had revenue of C$791.00 million during the quarter. Stella-Jones had a return on equity of 14.85% and a net margin of 8.66%.

Insider Activity

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

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.