Stella-Jones (TSE:SJ) Director Purchases C$39,931.20 in Stock

Stella-Jones Inc. (TSE:SJ) Director Michelle Annette Banik acquired 472 shares of the firm’s stock in a transaction on Wednesday, November 12th. The shares were acquired at an average price of C$84.60 per share, with a total value of C$39,931.20. Following the completion of the purchase, the director owned 472 shares of the company’s stock, valued at C$39,931.20. This trade represents a ∞ increase in their ownership of the stock.

Stella-Jones Stock Performance

Shares of SJ stock opened at C$84.87 on Friday. The company has a current ratio of 6.85, a quick ratio of 1.20 and a debt-to-equity ratio of 87.53. The company has a market cap of C$4.66 billion, a PE ratio of 13.89, a P/E/G ratio of 2.40 and a beta of -0.10. The company’s fifty day simple moving average is C$80.21 and its 200-day simple moving average is C$78.07. Stella-Jones Inc. has a 52 week low of C$62.26 and a 52 week high of C$86.43.

Stella-Jones (TSE:SJ) last announced its quarterly earnings results on Wednesday, November 5th. The company reported C$1.59 earnings per share for the quarter. Stella-Jones had a net margin of 9.43% and a return on equity of 18.36%. The firm had revenue of C$958.00 million during the quarter. As a group, equities research analysts anticipate that Stella-Jones Inc. will post 6.4457565 EPS for the current year.

Analysts Set New Price Targets

SJ has been the subject of a number of recent research reports. Royal Bank Of Canada increased their target price on Stella-Jones from C$78.00 to C$87.00 and gave the company a “sector perform” rating in a research note on Wednesday, October 8th. National Bankshares upped their price target on Stella-Jones from C$92.00 to C$95.00 and gave the stock an “outperform” rating in a report on Thursday, October 9th. Cibc World Mkts lowered shares of Stella-Jones from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 21st. Desjardins boosted their target price on shares of Stella-Jones from C$89.00 to C$92.00 and gave the stock a “buy” rating in a research report on Wednesday, October 1st. Finally, CIBC decreased their target price on shares of Stella-Jones from C$90.00 to C$89.00 in a research note on Friday, November 7th. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of C$91.33.

Stella-Jones Company Profile

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.