Insider Buying: Stella-Jones (TSE:SJ) Insider Purchases 206 Shares of Stock

Stella-Jones Inc. (TSE:SJ) insider Marco Albanesi purchased 206 shares of Stella-Jones stock in a transaction on Tuesday, May 12th. The stock was bought at an average price of C$73.00 per share, for a total transaction of C$15,038.00. Following the completion of the acquisition, the insider owned 826 shares in the company, valued at C$60,298. The trade was a 33.23% increase in their position.

Stella-Jones Price Performance

SJ stock traded up C$2.17 during trading on Tuesday, hitting C$74.24. 256,286 shares of the company’s stock traded hands, compared to its average volume of 143,931. Stella-Jones Inc. has a 52 week low of C$69.94 and a 52 week high of C$101.31. The company has a debt-to-equity ratio of 80.71, a quick ratio of 1.20 and a current ratio of 4.96. The business has a fifty day simple moving average of C$88.55 and a 200 day simple moving average of C$88.10. The stock has a market capitalization of C$4.05 billion, a price-to-earnings ratio of 13.45, a P/E/G ratio of 2.40 and a beta of -0.15.

Stella-Jones (TSE:SJ) last announced its earnings results on Wednesday, May 6th. The company reported C$1.12 EPS for the quarter. The firm had revenue of C$791.00 million during the quarter. Stella-Jones had a return on equity of 14.85% and a net margin of 8.66%. As a group, research analysts expect that Stella-Jones Inc. will post 6.4457565 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. TD decreased their price objective on shares of Stella-Jones from C$106.00 to C$93.00 and set a “buy” rating for the company in a report on Monday. TD Securities lifted their price target on shares of Stella-Jones from C$97.00 to C$107.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. Canadian Imperial Bank of Commerce dropped their price objective on shares of Stella-Jones from C$96.00 to C$87.00 in a report on Thursday, May 7th. Scotiabank decreased their price objective on shares of Stella-Jones from C$99.00 to C$97.00 and set a “sector outperform” rating for the company in a research note on Tuesday, April 28th. Finally, Raymond James Financial cut their price objective on shares of Stella-Jones from C$100.00 to C$95.00 and set an “outperform” rating on the stock in a research note on Thursday, May 7th. Five research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of C$95.38.

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.