Stella-Jones Inc. (TSE:SJ) Receives Average Recommendation of “Moderate Buy” from Brokerages

Stella-Jones Inc. (TSE:SJ) has received a consensus rating of “Moderate Buy” from the eight analysts that are presently covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is C$95.38.

Several analysts have recently commented on SJ shares. Royal Bank Of Canada reduced their target price on Stella-Jones from C$93.00 to C$85.00 and set a “sector perform” rating for the company in a research note on Thursday, May 7th. Desjardins dropped their target price on shares of Stella-Jones from C$107.00 to C$104.00 and set a “buy” rating on the stock in a research report on Thursday, May 7th. TD Securities lifted their target price on shares of Stella-Jones from C$97.00 to C$107.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. Scotiabank dropped their target price on shares of Stella-Jones from C$99.00 to C$97.00 and set a “sector outperform” rating on the stock in a research report on Tuesday, April 28th. Finally, Canadian Imperial Bank of Commerce dropped their target price on shares of Stella-Jones from C$96.00 to C$87.00 in a research report on Thursday, May 7th.

Stella-Jones Stock Performance

SJ stock opened at C$73.56 on Friday. The stock has a 50-day moving average price of C$87.69 and a 200-day moving average price of C$88.03. Stella-Jones has a 1-year low of C$69.94 and a 1-year high of C$101.31. The company has a current ratio of 4.96, a quick ratio of 1.20 and a debt-to-equity ratio of 80.71. The firm has a market cap of C$4.01 billion, a PE ratio of 13.33, a price-to-earnings-growth ratio of 2.40 and a beta of -0.15.

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

Insiders Place Their Bets

In related news, Director Kevin Patrick Comerford acquired 500 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The stock was acquired at an average price of C$72.06 per share, for a total transaction of C$36,030.00. Following the completion of the acquisition, the director owned 6,176 shares of the company’s stock, valued at approximately C$445,042.56. This represents a 8.81% increase in their position. Also, Director Anne Elizabeth Giardini acquired 1,000 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The shares were bought at an average price of C$71.25 per share, with a total value of C$71,250.00. Following the acquisition, the director directly owned 3,400 shares of the company’s stock, valued at C$242,250. The trade was a 41.67% increase in their position. Insiders have bought a total of 3,443 shares of company stock valued at $247,814 in the last 90 days. 0.14% of the stock is currently 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.