Analysts Set Stella-Jones Inc. (TSE:SJ) Price Target at C$97.14

Stella-Jones Inc. (TSE:SJ) has earned an average rating of “Moderate Buy” from the eight brokerages that are covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is C$97.14.

SJ has been the topic of several analyst reports. CIBC dropped their price objective on Stella-Jones from C$90.00 to C$89.00 in a report on Friday, November 7th. Raymond James Financial set a C$100.00 price target on shares of Stella-Jones and gave the stock an “outperform” rating in a research report on Thursday, November 20th. TD Securities upped their price target on shares of Stella-Jones from C$90.00 to C$97.00 and gave the company a “buy” rating in a report on Thursday, November 6th. National Bankshares increased their price objective on shares of Stella-Jones from C$95.00 to C$107.00 and gave the company an “outperform” rating in a research note on Monday, December 15th. Finally, Desjardins set a C$102.00 price objective on shares of Stella-Jones and gave the stock a “buy” rating in a report on Friday, December 12th.

Stella-Jones Stock Performance

Shares of SJ stock opened at C$91.30 on Friday. The company has a quick ratio of 1.20, a current ratio of 6.85 and a debt-to-equity ratio of 87.53. Stella-Jones has a fifty-two week low of C$62.26 and a fifty-two week high of C$92.84. The firm’s 50 day moving average price is C$86.95 and its two-hundred day moving average price is C$82.21. The stock has a market cap of C$5.01 billion, a price-to-earnings ratio of 14.94, a price-to-earnings-growth ratio of 2.40 and a beta of -0.24.

Stella-Jones (TSE:SJ) last released its quarterly earnings data on Wednesday, November 5th. The company reported C$1.59 EPS for the quarter. The company had revenue of C$958.00 million for the quarter. Stella-Jones had a return on equity of 18.36% and a net margin of 9.43%. On average, analysts anticipate that Stella-Jones will post 6.4457565 EPS for the current year.

Insider Activity at Stella-Jones

In other Stella-Jones news, Director Michelle Annette Banik bought 472 shares of the business’s stock in a transaction on Wednesday, November 12th. The shares were purchased at an average price of C$84.60 per share, with a total value of C$39,931.20. Following the completion of the acquisition, the director directly owned 472 shares of the company’s stock, valued at approximately C$39,931.20. The trade was a ? increase in their position. Company insiders own 0.14% of the company’s stock.

About Stella-Jones

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.