Stella-Jones Inc. (TSE:SJ) Receives Consensus Rating of “Moderate Buy” from Analysts

Stella-Jones Inc. (TSE:SJ) has been assigned an average rating of “Moderate Buy” from the six brokerages that are covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is C$91.33.

A number of brokerages have commented on SJ. Desjardins raised their price objective on Stella-Jones from C$89.00 to C$92.00 and gave the stock a “buy” rating in a research report on Wednesday, October 1st. Scotiabank raised their target price on Stella-Jones from C$81.00 to C$88.00 in a research report on Friday, October 17th. TD Securities lifted their price target on shares of Stella-Jones from C$90.00 to C$97.00 and gave the stock a “buy” rating in a research note on Thursday, November 6th. Royal Bank Of Canada increased their price objective on shares of Stella-Jones from C$78.00 to C$87.00 and gave the company a “sector perform” rating in a research note on Wednesday, October 8th. Finally, CIBC decreased their target price on shares of Stella-Jones from C$90.00 to C$89.00 in a research report on Friday, November 7th.

Insider Buying and Selling at Stella-Jones

In related news, Director Michelle Annette Banik bought 472 shares of the company’s stock in a transaction dated Wednesday, November 12th. The stock was acquired at an average cost of C$84.60 per share, with a total value of C$39,931.20. Following the acquisition, the director owned 472 shares in the company, valued at approximately C$39,931.20. This represents a ∞ increase in their position. Corporate insiders own 0.14% of the company’s stock.

Stella-Jones Stock Performance

TSE SJ opened at C$84.87 on Friday. The company’s fifty day moving average is C$80.21 and its two-hundred day moving average is C$78.14. Stella-Jones has a 52-week low of C$62.26 and a 52-week high of C$86.43. The company has a debt-to-equity ratio of 87.53, a current ratio of 6.85 and a quick ratio of 1.20. The firm has a market capitalization of C$4.66 billion, a price-to-earnings ratio of 13.89, a P/E/G ratio of 2.40 and a beta of -0.10.

Stella-Jones (TSE:SJ) last released its earnings results on Wednesday, November 5th. The company reported C$1.59 earnings per share for the quarter. Stella-Jones had a net margin of 9.43% and a return on equity of 18.36%. The business had revenue of C$958.00 million during the quarter. Equities research analysts forecast that Stella-Jones will post 6.4457565 EPS for the current year.

About Stella-Jones

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.