Stella-Jones (TSE:SJ) Given a C$100.00 Price Target by Raymond James Financial Analysts

Stella-Jones (TSE:SJ) received a C$100.00 price objective from equities researchers at Raymond James Financial in a report released on Thursday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. Raymond James Financial’s target price indicates a potential upside of 18.68% from the company’s current price.

Other research analysts also recently issued reports about the stock. Royal Bank Of Canada boosted 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 report on Wednesday, October 8th. Desjardins lifted their price target on Stella-Jones from C$89.00 to C$92.00 and gave the company a “buy” rating in a research note on Wednesday, October 1st. National Bankshares upped their price objective on Stella-Jones from C$92.00 to C$95.00 and gave the stock an “outperform” rating in a research report on Thursday, October 9th. Scotiabank raised their price objective on Stella-Jones from C$81.00 to C$88.00 in a research note on Friday, October 17th. Finally, CIBC lowered their target price on Stella-Jones from C$90.00 to C$89.00 in a research note on Friday, November 7th. Four analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of C$92.57.

Stella-Jones Trading Up 2.9%

SJ opened at C$84.26 on Thursday. Stella-Jones has a twelve month low of C$62.26 and a twelve month high of C$88.00. The company has a 50-day simple moving average of C$80.48 and a 200 day simple moving average of C$78.60. The company has a quick ratio of 1.20, a current ratio of 6.85 and a debt-to-equity ratio of 87.53. The stock has a market capitalization of C$4.63 billion, a price-to-earnings ratio of 13.79, 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 EPS for the quarter. Stella-Jones had a net margin of 9.43% and a return on equity of 18.36%. The firm had revenue of C$958.00 million for the quarter. Analysts predict that Stella-Jones will post 6.4457565 EPS for the current fiscal year.

Insider Buying and Selling at Stella-Jones

In other Stella-Jones news, Director Michelle Annette Banik acquired 472 shares of Stella-Jones stock in a transaction that occurred on Wednesday, November 12th. The shares were bought at an average price of C$84.60 per share, with a total value of C$39,931.20. Following the completion of the purchase, the director directly owned 472 shares in the company, valued at C$39,931.20. This trade represents a ∞ increase in their position. 0.14% of the stock is currently owned by corporate insiders.

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.