Stella-Jones (OTCMKTS:STLJF) Shares Gap Up – Should You Buy?

Stella-Jones Inc. (OTCMKTS:STLJF) gapped up prior to trading on Friday . The stock had previously closed at $55.89, but opened at $58.00. Stella-Jones shares last traded at $58.00, with a volume of 100 shares traded.

Analysts Set New Price Targets

Separately, Desjardins reiterated a “buy” rating on shares of Stella-Jones in a research note on Thursday, May 7th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Stella-Jones currently has an average rating of “Buy”.

Stella-Jones Price Performance

The business has a 50-day moving average of $59.39 and a two-hundred day moving average of $63.43. The company has a current ratio of 7.40, a quick ratio of 1.34 and a debt-to-equity ratio of 0.64. The firm has a market cap of $3.16 billion and a P/E ratio of 39.46.

Stella-Jones (OTCMKTS:STLJF) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $0.82 EPS for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.02). Stella-Jones had a net margin of 8.66% and a return on equity of 15.08%. The firm had revenue of $568.67 million for the quarter, compared to analyst estimates of $583.31 million.

Stella-Jones Company Profile

Stella-Jones Inc is a North American producer and distributor of pressure-treated wood products used in infrastructure, utility and residential applications. The company’s core offerings include treated railroad ties, utility poles, crossarms, landscape timbers and posts designed to withstand environmental stresses and extend service life. These products support a range of end markets from railways and power transmission to fencing and outdoor construction.

Founded in 1970 and headquartered in Montreal, Canada, Stella-Jones has grown through both organic expansion and targeted acquisitions to establish a network of manufacturing and treatment facilities across Canada and the United States.