Stella-Jones Inc. (TSE:SJ) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Stella-Jones Inc. (TSE:SJ) have been assigned an average rating of “Moderate Buy” from the eight analysts that are currently covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price target among brokers that have covered the stock in the last year is C$97.14.

Several research firms have recently commented on SJ. Scotiabank upgraded shares of Stella-Jones from a “hold” rating to an “outperform” rating and boosted their price target for the company from C$88.00 to C$98.00 in a report on Thursday, January 29th. Raymond James Financial set a C$100.00 target price on Stella-Jones and gave the company an “outperform” rating in a research note on Thursday, November 20th. Desjardins set a C$102.00 target price on Stella-Jones and gave the stock a “buy” rating in a research report on Friday, December 12th. TD Securities raised their price target on Stella-Jones from C$90.00 to C$97.00 and gave the stock a “buy” rating in a research note on Thursday, November 6th. Finally, Cibc World Mkts cut Stella-Jones from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 21st.

Stella-Jones Trading Down 1.8%

TSE:SJ opened at C$97.51 on Friday. The stock has a market cap of C$5.35 billion, a PE ratio of 15.96, a price-to-earnings-growth ratio of 2.40 and a beta of -0.17. Stella-Jones has a fifty-two week low of C$62.26 and a fifty-two week high of C$99.60. The company has a debt-to-equity ratio of 87.53, a current ratio of 6.85 and a quick ratio of 1.20. The stock’s 50-day moving average is C$87.84 and its two-hundred day moving average is C$82.63.

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

Insider Buying and Selling

In other Stella-Jones news, Director Michelle Annette Banik bought 472 shares of the firm’s stock in a transaction on Wednesday, November 12th. The stock was bought at an average cost of C$84.60 per share, with a total value of C$39,931.20. Following the completion of the transaction, the director directly owned 472 shares of the company’s stock, valued at approximately C$39,931.20. The trade was a ∞ increase in their position. 0.14% of the stock is owned by corporate insiders.

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. The vast majority of its revenue comes from the Pressure-treated wood segment.