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

Stella-Jones Inc. (TSE:SJ) has been given a consensus rating of “Moderate Buy” by the six research firms that are covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is C$88.00.

Several equities analysts have recently issued reports on SJ shares. CIBC decreased their price objective on Stella-Jones from C$99.00 to C$83.00 in a report on Thursday, November 7th. Scotiabank cut their price target on Stella-Jones from C$95.00 to C$85.00 in a research note on Thursday, November 7th. Royal Bank of Canada lowered their price target on Stella-Jones from C$97.00 to C$81.00 in a research report on Thursday, November 7th. Finally, TD Securities cut their price objective on Stella-Jones from C$103.00 to C$88.00 and set a “buy” rating for the company in a research report on Thursday, November 7th.

Stella-Jones Stock Performance

Shares of TSE SJ opened at C$68.16 on Wednesday. The stock has a market cap of C$3.84 billion, a price-to-earnings ratio of 11.01, a PEG ratio of 2.40 and a beta of 0.64. Stella-Jones has a 12 month low of C$67.13 and a 12 month high of C$98.00. The company has a 50 day simple moving average of C$86.88 and a two-hundred day simple moving average of C$87.34. The company has a current ratio of 6.57, a quick ratio of 1.20 and a debt-to-equity ratio of 93.08.

Stella-Jones Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 20th. Shareholders of record on Monday, December 2nd will be issued a $0.28 dividend. The ex-dividend date of this dividend is Monday, December 2nd. This represents a $1.12 dividend on an annualized basis and a yield of 1.64%. Stella-Jones’s payout ratio is 18.09%.

Insider Activity at Stella-Jones

In related news, Senior Officer Richard Cuddihy acquired 500 shares of the firm’s stock in a transaction dated Wednesday, November 13th. The shares were purchased at an average cost of C$70.85 per share, for a total transaction of C$35,424.00. Also, Director James Augustus Manzi sold 5,000 shares of Stella-Jones stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of C$92.92, for a total transaction of C$464,583.48. Over the last 90 days, insiders purchased 10,550 shares of company stock valued at $739,052. 0.14% of the stock is currently owned by insiders.

Stella-Jones Company Profile

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.