Stella-Jones (OTCMKTS:STLJF) Reaches New 12-Month Low on Disappointing Earnings

Shares of Stella-Jones Inc. (OTCMKTS:STLJF) hit a new 52-week low during trading on Wednesday following a weaker than expected earnings announcement. The company traded as low as $43.44 and last traded at $43.54, with a volume of 5,236 shares trading hands. The stock had previously closed at $47.7450.

The company reported $0.99 EPS for the quarter, missing the consensus estimate of $1.11 by ($0.12). Stella-Jones had a net margin of 8.66% and a return on equity of 14.92%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on STLJF. Royal Bank Of Canada reissued a “sector perform” rating on shares of Stella-Jones in a research report on Wednesday, September 30th. Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Stella-Jones in a research note on Tuesday, October 27th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Stella-Jones presently has an average rating of “Moderate Buy”.

Stella-Jones Price Performance

The company has a debt-to-equity ratio of 0.60, a current ratio of 4.96 and a quick ratio of 1.11. The company has a market cap of $2.38 billion and a P/E ratio of 29.62. The company has a fifty day simple moving average of $47.94 and a 200-day simple moving average of $57.70.

Stella-Jones Company Profile

Stella-Jones Inc is a Canadian manufacturer and marketer of pressure-treated wood products used in infrastructure, construction and residential applications. The company produces utility poles, railway ties and timbers, as well as lumber and other wood products treated for outdoor use.

Its infrastructure products support electric utilities, telecommunications providers and railways, while its residential products are sold for applications such as decks, fences and landscaping. Stella-Jones also provides industrial wood products for customers in sectors including transportation, construction and energy.

Headquartered in Montreal, Quebec, Stella-Jones serves customers primarily across Canada and the United States through a network of manufacturing and distribution facilities.