Stella-Jones (TSE:SJ) Given New C$47.00 Price Target at CIBC

Stella-Jones (TSE:SJGet Rating) had its price objective decreased by stock analysts at CIBC from C$50.00 to C$47.00 in a research note issued to investors on Thursday, BayStreet.CA reports. CIBC’s price objective suggests a potential upside of 22.24% from the stock’s current price.

Several other equities analysts have also weighed in on SJ. National Bankshares raised their price objective on shares of Stella-Jones from C$52.00 to C$57.00 in a research report on Wednesday, January 5th. National Bank Financial raised their price objective on shares of Stella-Jones to C$57.00 and gave the company an “outperform” rating in a research report on Wednesday, January 5th. One equities research analyst has rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of C$53.00.

Shares of Stella-Jones stock traded down C$0.71 on Thursday, hitting C$38.45. The company had a trading volume of 129,471 shares, compared to its average volume of 216,601. The company has a market cap of C$2.45 billion and a PE ratio of 10.56. The company has a debt-to-equity ratio of 46.16, a current ratio of 4.39 and a quick ratio of 0.92. Stella-Jones has a 52 week low of C$36.24 and a 52 week high of C$54.09. The business has a 50-day simple moving average of C$38.85 and a 200-day simple moving average of C$40.40.

Stella-Jones (TSE:SJGet Rating) last issued its quarterly earnings results on Wednesday, March 9th. The company reported C$0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.32 by C$0.02. The firm had revenue of C$545.00 million for the quarter, compared to analyst estimates of C$486.00 million. On average, equities research analysts predict that Stella-Jones will post 3.3800004 earnings per share for the current fiscal year.

Stella-Jones Company Profile (Get Rating)

Stella-Jones Inc produces and markets pressure-treated wood products in Canada and the United States. It offers railway ties and timbers for railroad operators; and utility poles for electrical utilities and telecommunication companies. The company also provides residential lumber and accessories to retailers for outdoor applications; industrial products, including pilings, wharf and bridge timbers, crane mats, railway crossings, and laminated poles; construction timbers; and coal tar-based products.

Read More

Analyst Recommendations for Stella-Jones (TSE:SJ)

Receive News & Ratings for Stella-Jones Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stella-Jones and related companies with MarketBeat.com's FREE daily email newsletter.