Stella-Jones Stock Earnings Estimates Cut by Scotiabank

Stella-Jones Inc. (TSE:SJ) – Stock analysts at Scotiabank cut their FY2027 earnings estimates for shares of Stella-Jones in a research note issued to investors on Wednesday, November 11th. Scotiabank analyst J. Goldman now expects that the company will post earnings per share of $5.88 for the year, down from their prior estimate of $6.18. Scotiabank has a “Sector Outperform” rating and a $76.00 price objective on the stock. The consensus estimate for Stella-Jones’ current full-year earnings is $6.45 per share.

Stella-Jones (TSE:SJ) last announced its quarterly earnings results on Wednesday, November 4th. The company reported C$1.39 earnings per share for the quarter. The firm had revenue of C$979.00 million during the quarter. Stella-Jones had a net margin of 6.27% and a return on equity of 10.40%.

A number of other analysts have also weighed in on the company. TD lowered their target price on Stella-Jones from C$93.00 to C$81.00 and set a “buy” rating for the company in a report on Thursday, November 5th. Desjardins cut their price target on Stella-Jones from C$99.00 to C$77.00 and set a “buy” rating on the stock in a report on Thursday, November 5th. Raymond James Financial reduced their price target on Stella-Jones from C$83.00 to C$80.00 and set an “outperform” rating for the company in a research report on Thursday, November 5th. Royal Bank Of Canada reduced their price target on Stella-Jones from C$76.00 to C$70.00 and set a “sector perform” rating for the company in a research report on Thursday, November 5th. Finally, National Bank Financial decreased their price objective on Stella-Jones from C$92.00 to C$80.00 and set a “sector perform” rating for the company in a research note on Thursday, November 5th. Five analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of C$81.62.

Stella-Jones Stock Performance

Shares of TSE:SJ opened at C$66.88 on Friday. The company has a market capitalization of C$3.65 billion, a price-to-earnings ratio of 16.43, a price-to-earnings-growth ratio of 2.40 and a beta of 0.06. Stella-Jones has a 52 week low of C$58.37 and a 52 week high of C$101.31. The company has a quick ratio of 1.20, a current ratio of 4.86 and a debt-to-equity ratio of 70.31. The firm has a 50 day moving average of C$66.91 and a 200 day moving average of C$79.41.

About Stella-Jones

Stella-Jones Inc. (TSX: SJ) is a leading North American manufacturer of products focused on supporting infrastructure essential to the electrical distribution and transmission network, and the operation and maintenance of railway transportation systems. It supplies the continent’s major electrical utility companies with treated wood poles and crossarms, steel lattice towers and steel transmission poles, as well as North America’s Class 1, short line and commercial railroad operators with treated wood railway ties.