Stella-Jones Inc. (TSE:SJ) Receives Average Recommendation of “Moderate Buy” from Brokerages

Stella-Jones Inc. (TSE:SJ) has earned a consensus rating of “Moderate Buy” from the eight ratings firms that are presently covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12 month price objective among analysts that have covered the stock in the last year is C$97.14.

Several research analysts have recently weighed in on the company. National Bankshares boosted their price target on Stella-Jones from C$95.00 to C$107.00 and gave the stock an “outperform” rating in a research note on Monday, December 15th. TD Securities boosted their target price on Stella-Jones from C$90.00 to C$97.00 and gave the stock a “buy” rating in a research report on Thursday, November 6th. Desjardins set a C$102.00 price target on shares of Stella-Jones and gave the stock a “buy” rating in a research note on Friday, December 12th. Raymond James Financial set a C$100.00 price objective on shares of Stella-Jones and gave the company an “outperform” rating in a report on Thursday, November 20th. Finally, Scotiabank upgraded shares of Stella-Jones from a “sector perform” rating to an “outperform” rating and increased their price objective for the company from C$88.00 to C$98.00 in a research report on Thursday.

Insider Activity

In other news, Director Michelle Annette Banik acquired 472 shares of the business’s stock in a transaction that occurred on Wednesday, November 12th. The stock was 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 acquisition, the director directly owned 472 shares of the company’s stock, valued at approximately C$39,931.20. The trade was a ∞ increase in their position. 0.14% of the stock is currently owned by company insiders.

Stella-Jones Price Performance

SJ opened at C$91.30 on Friday. The firm has a market cap of C$5.01 billion, a PE ratio of 14.94, a P/E/G ratio of 2.40 and a beta of -0.24. The stock has a 50-day moving average price of C$86.81 and a 200-day moving average price of C$82.09. Stella-Jones has a 1 year low of C$62.26 and a 1 year high of C$92.84. The company has a debt-to-equity ratio of 87.53, a current ratio of 6.85 and a quick ratio of 1.20.

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

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. The vast majority of its revenue comes from the Pressure-treated wood segment.