Stella-Jones (TSE:SJ) Given New C$107.00 Price Target at National Bankshares

Stella-Jones (TSE:SJ) had its price target boosted by National Bankshares from C$95.00 to C$107.00 in a research report released on Monday,BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.

Other equities research analysts have also issued research reports about the company. Royal Bank Of Canada lifted their price objective on 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. Scotiabank lifted their price target on Stella-Jones from C$81.00 to C$88.00 in a research report on Friday, October 17th. Desjardins set a C$102.00 price objective on Stella-Jones and gave the stock a “buy” rating in a report on Friday. CIBC decreased their price objective on shares of Stella-Jones from C$90.00 to C$89.00 in a research report on Friday, November 7th. Finally, Raymond James Financial set a C$100.00 target price on shares of Stella-Jones and gave the company an “outperform” rating in a research note on Thursday, November 20th. Four equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Stella-Jones has an average rating of “Moderate Buy” and an average target price of C$95.71.

Stella-Jones Stock Performance

Stella-Jones stock opened at C$86.66 on Monday. Stella-Jones has a 1-year low of C$62.26 and a 1-year high of C$88.46. The company has a current ratio of 6.85, a quick ratio of 1.20 and a debt-to-equity ratio of 87.53. The firm has a market capitalization of C$4.76 billion, a PE ratio of 14.18, a price-to-earnings-growth ratio of 2.40 and a beta of -0.22. The firm’s 50 day simple moving average is C$82.64 and its 200 day simple moving average is C$79.92.

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

Insider Activity at Stella-Jones

In other news, Director Michelle Annette Banik acquired 472 shares of Stella-Jones stock in a transaction dated Wednesday, November 12th. The shares were purchased at an average cost of C$84.60 per share, for a total transaction of C$39,931.20. Following the transaction, the director owned 472 shares of the company’s stock, valued at C$39,931.20. This trade represents a ∞ increase in their ownership of the stock. Company insiders own 0.14% of the company’s stock.

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.