Stella-Jones (OTCMKTS:STLJF) Reaches New 52-Week Low on Disappointing Earnings

Shares of Stella-Jones Inc. (OTCMKTS:STLJF) reached a new 52-week low during trading on Wednesday following a weaker than expected earnings announcement. The company traded as low as $43.44 and last traded at $43.54, with a volume of 5,236 shares. The stock had previously closed at $47.7450.

The company reported $0.99 earnings per share for the quarter, missing analysts’ consensus estimates of $1.11 by ($0.12). Stella-Jones had a net margin of 8.66% and a return on equity of 14.92%.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Stella-Jones in a research report on Tuesday, October 27th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Stella-Jones in a research note on Wednesday, September 30th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Stella-Jones has a consensus rating of “Moderate Buy”.

Stella-Jones Price Performance

The company’s fifty day moving average is $47.94 and its two-hundred day moving average is $57.70. The company has a current ratio of 4.96, a quick ratio of 1.11 and a debt-to-equity ratio of 0.60. The stock has a market cap of $2.38 billion and a price-to-earnings ratio of 29.62.

About Stella-Jones

Stella-Jones Inc is a Canadian manufacturer and marketer of pressure-treated wood products used in infrastructure, construction and residential applications. The company produces utility poles, railway ties and timbers, as well as lumber and other wood products treated for outdoor use.

Its infrastructure products support electric utilities, telecommunications providers and railways, while its residential products are sold for applications such as decks, fences and landscaping. Stella-Jones also provides industrial wood products for customers in sectors including transportation, construction and energy.

Headquartered in Montreal, Quebec, Stella-Jones serves customers primarily across Canada and the United States through a network of manufacturing and distribution facilities.