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

Stella-Jones Inc. (TSE:SJ) has been given an average rating of “Moderate Buy” by the seven ratings firms that are currently covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12-month target price among brokerages that have covered the stock in the last year is C$101.29.

A number of research firms have recently issued reports on SJ. National Bank Financial upped their price target on Stella-Jones from C$95.00 to C$107.00 and gave the company an “outperform” rating in a research report on Monday, December 15th. Canadian Imperial Bank of Commerce lifted their price objective on Stella-Jones from C$90.00 to C$100.00 in a research report on Friday, February 6th. Royal Bank Of Canada upped their target price on Stella-Jones from C$89.00 to C$95.00 in a report on Friday, February 27th. Scotiabank raised Stella-Jones from a “hold” rating to an “outperform” rating and raised their target price for the stock from C$88.00 to C$98.00 in a research note on Thursday, January 29th. Finally, TD Securities lifted their price target on Stella-Jones from C$97.00 to C$107.00 and gave the stock a “buy” rating in a report on Monday, March 2nd.

Stella-Jones Stock Performance

SJ opened at C$88.63 on Friday. The firm has a market capitalization of C$4.84 billion, a PE ratio of 14.51, a PEG ratio of 2.40 and a beta of -0.20. Stella-Jones has a twelve month low of C$62.26 and a twelve month high of C$101.31. The firm’s 50-day moving average price is C$94.05 and its 200 day moving average price is C$86.47. The company has a current ratio of 7.40, a quick ratio of 1.20 and a debt-to-equity ratio of 92.30.

Stella-Jones (TSE:SJ) last announced its quarterly earnings data on Thursday, February 26th. The company reported C$0.91 earnings per share (EPS) for the quarter. Stella-Jones had a net margin of 9.65% and a return on equity of 16.67%. The company had revenue of C$727.00 million during the quarter. As a group, sell-side analysts expect that Stella-Jones will post 6.4457565 EPS for the current fiscal 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. The vast majority of its revenue comes from the Pressure-treated wood segment.