Brokerages Set Stella-Jones Inc. (TSE:SJ) PT at C$95.50

Shares of Stella-Jones Inc. (TSE:SJ) have been given a consensus rating of “Moderate Buy” by the six analysts that are presently covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is C$95.50.

SJ has been the subject of several recent research reports. Scotiabank raised their price objective on Stella-Jones from C$86.00 to C$88.00 in a research report on Thursday, May 9th. CIBC raised their price target on Stella-Jones from C$94.00 to C$97.00 in a report on Thursday, August 8th. TD Securities raised their price target on Stella-Jones from C$98.00 to C$103.00 and gave the company a “buy” rating in a report on Thursday, August 8th. Royal Bank of Canada downgraded Stella-Jones from an “outperform” rating to a “sector perform” rating and set a C$94.00 price target for the company. in a report on Monday, July 8th. Finally, National Bankshares raised their price target on Stella-Jones from C$91.00 to C$99.00 and gave the company an “outperform” rating in a report on Tuesday, July 16th.

Insider Buying and Selling at Stella-Jones

In other Stella-Jones news, Director James Augustus Manzi sold 5,000 shares of the business’s stock in a transaction dated Tuesday, June 18th. The stock was sold at an average price of C$61.93, for a total transaction of C$309,661.50. Corporate insiders own 0.14% of the company’s stock.

Stella-Jones Stock Performance

Shares of SJ stock opened at C$92.80 on Friday. The stock has a fifty day moving average of C$90.86 and a 200 day moving average of C$83.88. Stella-Jones has a 52 week low of C$61.85 and a 52 week high of C$98.00. The firm has a market capitalization of C$5.23 billion, a price-to-earnings ratio of 14.99, a PEG ratio of 2.40 and a beta of 0.64. The company has a quick ratio of 1.20, a current ratio of 6.57 and a debt-to-equity ratio of 93.08.

Stella-Jones (TSE:SJ) last announced its quarterly earnings results on Wednesday, August 7th. The company reported C$1.94 EPS for the quarter, missing analysts’ consensus estimates of C$1.96 by C($0.02). The business had revenue of C$1.05 billion during the quarter, compared to analysts’ expectations of C$1.07 billion. Stella-Jones had a return on equity of 20.64% and a net margin of 10.20%. As a group, research analysts expect that Stella-Jones will post 5.9234727 earnings per share for the current year.

About Stella-Jones

Stella-Jones Inc produces and sells pressure-treated wood products in Canada and the United States. It operates through two segments, Pressure-Treated Wood; and Logs and Lumber. The company offers railway ties and timbers for short line and commercial railroad operators; and wood utility poles for electrical utilities and telecommunication companies.