Stella-Jones Inc. (TSE:SJ) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Stella-Jones Inc. (TSE:SJ) have been assigned an average recommendation of “Moderate Buy” from the eight analysts that are covering the firm, Marketbeat 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 objective among analysts that have issued ratings on the stock in the last year is C$90.00.

A number of equities analysts recently issued reports on SJ shares. National Bank Financial decreased their price objective on Stella-Jones from C$95.00 to C$92.00 and set a “sector perform” rating for the company in a report on Friday, August 7th. Royal Bank Of Canada cut their target price on Stella-Jones from C$82.00 to C$79.00 and set a “sector perform” rating on the stock in a research note on Friday, August 7th. Canadian Imperial Bank of Commerce decreased their price target on Stella-Jones from C$87.00 to C$82.00 in a research note on Thursday, July 9th. Desjardins decreased their price target on Stella-Jones from C$104.00 to C$99.00 and set a “buy” rating for the company in a research note on Friday, August 7th. Finally, Scotiabank lowered their price target on Stella-Jones from C$93.00 to C$85.00 and set a “sector outperform” rating on the stock in a report on Wednesday, August 12th.

Stella-Jones Trading Up 1.0%

Shares of TSE:SJ opened at C$69.46 on Friday. The company has a quick ratio of 1.20, a current ratio of 5.25 and a debt-to-equity ratio of 75.40. The company’s 50-day moving average price is C$73.37 and its 200 day moving average price is C$80.30. The company has a market cap of C$3.79 billion, a PE ratio of 14.72, a P/E/G ratio of 2.40 and a beta of -0.16. Stella-Jones has a fifty-two week low of C$66.70 and a fifty-two week high of C$101.31.

Stella-Jones (TSE:SJ) last posted its earnings results on Thursday, August 6th. The company reported C$1.59 EPS for the quarter. The firm had revenue of C$1.04 billion during the quarter. Stella-Jones had a net margin of 7.36% and a return on equity of 12.35%. Sell-side analysts anticipate that Stella-Jones will post 6.4457565 earnings per share for the current year.

Stella-Jones Company Profile

Stella-Jones Inc (TSX: SJ) is a leading North American manufacturer of products focused on supporting infrastructure essential to the electrical distribution and transmission network, and the operation and maintenance of railway transportation systems. It supplies the continent’s major electrical utility companies with treated wood poles and crossarms, steel lattice towers and steel transmission poles, as well as North America’s Class 1, short line and commercial railroad operators with treated wood railway ties.