Stella-Jones (TSE:SJ) Given New C$93.00 Price Target at Royal Bank Of Canada

Stella-Jones (TSE:SJ) had its target price cut by Royal Bank Of Canada from C$95.00 to C$93.00 in a research report report published on Monday morning,BayStreet.CA reports. They currently have a sector perform rating on the stock.

A number of other research firms have also weighed in on SJ. Scotiabank raised shares of Stella-Jones from a “hold” rating to an “outperform” rating and boosted their target price for the stock from C$88.00 to C$98.00 in a research report on Thursday, January 29th. National Bank Financial lowered shares of Stella-Jones from an “outperform” rating to a “hold” rating and cut their target price for the stock from C$107.00 to C$95.00 in a research report on Wednesday, April 8th. TD Securities boosted their target price on shares of Stella-Jones from C$97.00 to C$107.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. Finally, Canadian Imperial Bank of Commerce boosted their target price on shares of Stella-Jones from C$90.00 to C$100.00 in a research report on Friday, February 6th. Four equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of C$99.29.

Stella-Jones Stock Down 0.1%

Stella-Jones stock opened at C$85.82 on Monday. The firm has a market cap of C$4.69 billion, a price-to-earnings ratio of 14.09, a P/E/G ratio of 2.40 and a beta of -0.11. The company has a debt-to-equity ratio of 92.30, a current ratio of 7.40 and a quick ratio of 1.20. Stella-Jones has a fifty-two week low of C$65.27 and a fifty-two week high of C$101.31. The firm has a fifty day moving average price of C$94.61 and a two-hundred day moving average price of C$87.97.

Stella-Jones (TSE:SJ) last released its earnings results on Thursday, February 26th. The company reported C$0.91 earnings per share for the quarter. The firm had revenue of C$727.00 million during the quarter. Stella-Jones had a net margin of 9.65% and a return on equity of 16.67%. As a group, analysts forecast that Stella-Jones will post 6.4457565 earnings per share for the current 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.