Stella-Jones (TSE:SJ) PT Set at C$102.00 by Desjardins

Stella-Jones (TSE:SJ) received a C$102.00 price target from stock analysts at Desjardins in a report released on Friday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Desjardins’ price target suggests a potential upside of 16.28% from the company’s current price.

SJ has been the subject of a number of other research reports. Scotiabank lifted their price target on Stella-Jones from C$81.00 to C$88.00 in a research note on Friday, October 17th. Raymond James Financial set a C$100.00 price objective on Stella-Jones and gave the company an “outperform” rating in a research note on Thursday, November 20th. National Bankshares increased their target price on shares of Stella-Jones from C$92.00 to C$95.00 and gave the company an “outperform” rating in a report on Thursday, October 9th. Royal Bank Of Canada boosted their price target on shares of Stella-Jones from C$78.00 to C$87.00 and gave the stock a “sector perform” rating in a report on Wednesday, October 8th. Finally, Cibc World Mkts cut shares of Stella-Jones from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 21st. Four research 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 company currently has a consensus rating of “Moderate Buy” and a consensus price target of C$94.00.

Stella-Jones Trading Up 2.1%

TSE SJ opened at C$87.72 on Friday. The company has a quick ratio of 1.20, a current ratio of 6.85 and a debt-to-equity ratio of 87.53. Stella-Jones has a 52 week low of C$62.26 and a 52 week high of C$88.00. The business has a 50 day moving average price of C$82.53 and a 200-day moving average price of C$79.81. The company has a market cap of C$4.82 billion, a price-to-earnings ratio of 14.36, a P/E/G ratio of 2.40 and a beta of -0.22.

Stella-Jones (TSE:SJ) last announced its quarterly 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 business had revenue of C$958.00 million during the quarter. As a group, equities analysts expect that Stella-Jones will post 6.4457565 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Michelle Annette Banik bought 472 shares of the firm’s stock in a transaction that occurred on Wednesday, November 12th. The shares were acquired at an average price of C$84.60 per share, with a total value of C$39,931.20. Following the acquisition, the director owned 472 shares of the company’s stock, valued at approximately C$39,931.20. The trade was a ∞ increase in their position. Company insiders own 0.14% of the company’s stock.

Stella-Jones Company Profile

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.