Stella-Jones (OTCMKTS:STLJF) Sets New 12-Month Low – Here’s What Happened

Stella-Jones Inc. (OTCMKTS:STLJF) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $51.12 and last traded at $51.12, with a volume of 107 shares trading hands. The stock had previously closed at $56.7355.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on STLJF. Canadian Imperial Bank of Commerce restated a “neutral” rating on shares of Stella-Jones in a research note on Thursday, July 9th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Stella-Jones in a research note on Friday. Finally, Desjardins reiterated a “buy” rating on shares of Stella-Jones in a report on Thursday, May 7th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

Stella-Jones Price Performance

The stock has a 50 day moving average of $56.26 and a two-hundred day moving average of $61.52. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.11 and a current ratio of 4.96. The firm has a market capitalization of $3.00 billion and a P/E ratio of 37.37.

Stella-Jones (OTCMKTS:STLJF) last announced its earnings results on Wednesday, May 6th. The company reported $0.82 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.02). Stella-Jones had a return on equity of 14.92% and a net margin of 8.66%.The company had revenue of $568.67 million for the quarter, compared to the consensus estimate of $583.30 million.

About Stella-Jones

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.