Stella-Jones (TSE:SJ) Lowered to “Sector Perform” Rating by National Bank Financial

National Bank Financial lowered shares of Stella-Jones (TSE:SJ) from an outperform rating to a sector perform rating in a research note issued to investors on Wednesday morning,BayStreet.CA reports. They currently have C$95.00 price objective on the stock, down from their previous price objective of C$107.00.

SJ has been the topic of several other reports. Desjardins set a C$102.00 price target on Stella-Jones and gave the stock a “buy” rating in a research report on Friday, December 12th. TD Securities boosted their price target on 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. Canadian Imperial Bank of Commerce boosted their price target on Stella-Jones from C$90.00 to C$100.00 in a research report on Friday, February 6th. Scotiabank raised Stella-Jones from a “hold” rating to an “outperform” rating and boosted their price target for the stock from C$88.00 to C$98.00 in a research report on Thursday, January 29th. Finally, Royal Bank Of Canada boosted their price target on Stella-Jones from C$89.00 to C$95.00 in a research report on Friday, February 27th. Four investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of C$99.57.

Stella-Jones Stock Performance

Stella-Jones stock opened at C$85.89 on Wednesday. The stock’s 50 day moving average price is C$95.00 and its 200 day moving average price is C$87.72. The firm has a market capitalization of C$4.69 billion, a PE ratio of 14.10, a price-to-earnings-growth ratio of 2.40 and a beta of -0.11. The company has a debt-to-equity ratio of 92.30, a quick ratio of 1.20 and a current ratio of 7.40. Stella-Jones has a one year low of C$62.26 and a one year high of C$101.31.

Stella-Jones (TSE:SJ) last released its quarterly earnings results on Thursday, February 26th. The company reported C$0.91 EPS for the quarter. The firm had revenue of C$727.00 million for the quarter. Stella-Jones had a return on equity of 16.67% and a net margin of 9.65%. 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.