Stella-Jones (TSE:SJ) Director Anne Elizabeth Giardini Buys 1,000 Shares

Stella-Jones Inc. (TSE:SJ) Director Anne Elizabeth Giardini bought 1,000 shares of the company’s stock in a transaction 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 completion of the transaction, the director owned 3,400 shares of the company’s stock, valued at C$242,250. The trade was a 41.67% increase in their ownership of the stock.

Stella-Jones Price Performance

Shares of TSE:SJ opened at C$74.24 on Wednesday. The company’s fifty day moving average price is C$88.55 and its 200-day moving average price is C$88.10. The company has a debt-to-equity ratio of 80.71, a current ratio of 4.96 and a quick ratio of 1.20. The firm has a market capitalization of C$4.05 billion, a price-to-earnings ratio of 13.45, a PEG ratio of 2.40 and a beta of -0.15. Stella-Jones Inc. has a one year low of C$69.94 and a one year high of C$101.31.

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

Key Headlines Impacting Stella-Jones

Here are the key news stories impacting Stella-Jones this week:

• Positive Sentiment: Multiple Stella-Jones directors and insiders bought shares in recent transactions, signaling confidence in the company’s outlook and supporting investor sentiment.
• Neutral Sentiment: TD lowered its price target on Stella-Jones to C$93.00 from C$106.00, but maintained a Buy rating, indicating continued optimism despite a more cautious valuation view. Stella-Jones (TSE:SJ) Price Target Lowered to C$93.00 at TD
• Neutral Sentiment: The lowered target still implies meaningful upside from the current share price, which may help offset concerns about the analyst revision. BayStreet.CA analyst rating update

Analysts Set New Price Targets

Several research firms have commented on SJ. National Bank Financial downgraded shares of Stella-Jones from an “outperform” rating to a “hold” rating and decreased their price target for the stock from C$107.00 to C$95.00 in a research note on Wednesday, April 8th. Desjardins cut their price target on shares of Stella-Jones from C$107.00 to C$104.00 and set a “buy” rating for the company in a research report on Thursday, May 7th. TD Securities raised their price objective on Stella-Jones from C$97.00 to C$107.00 and gave the company a “buy” rating in a research note on Monday, March 2nd. Raymond James Financial decreased their price objective on Stella-Jones from C$100.00 to C$95.00 and set an “outperform” rating on the stock in a report on Thursday, May 7th. Finally, Scotiabank lowered their target price on 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. Five research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, 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.