Stella-Jones (TSE:SJ) Director Michelle Annette Banik Buys 472 Shares

Stella-Jones Inc. (TSE:SJ) Director Michelle Annette Banik bought 472 shares of the company’s stock in a transaction on Wednesday, November 12th. The stock was 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 transaction, 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.

Stella-Jones Trading Up 1.9%

Shares of TSE:SJ traded up C$1.57 during midday trading on Wednesday, hitting C$85.35. 52,259 shares of the stock were exchanged, compared to its average volume of 111,942. The business’s 50-day moving average price is C$79.82 and its 200 day moving average price is C$77.84. Stella-Jones Inc. has a 12 month low of C$62.26 and a 12 month high of C$85.39. The company has a debt-to-equity ratio of 87.53, a quick ratio of 1.20 and a current ratio of 6.85. The stock has a market capitalization of C$4.69 billion, a price-to-earnings ratio of 13.97, a P/E/G ratio of 2.40 and a beta of -0.10.

Stella-Jones (TSE:SJ) last announced its quarterly earnings results on Wednesday, November 5th. The company reported C$1.59 earnings per share (EPS) for the quarter. The firm had revenue of C$958.00 million during the quarter. Stella-Jones had a net margin of 9.43% and a return on equity of 18.36%. Analysts predict that Stella-Jones Inc. will post 6.4457565 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on SJ shares. National Bankshares increased their target price on Stella-Jones from C$92.00 to C$95.00 and gave the stock an “outperform” rating in a research report on Thursday, October 9th. TD Securities raised their price objective on shares of Stella-Jones from C$90.00 to C$97.00 and gave the company a “buy” rating in a research report on Thursday, November 6th. Royal Bank Of Canada upped their target price on shares of Stella-Jones from C$78.00 to C$87.00 and gave the stock a “sector perform” rating in a report on Wednesday, October 8th. Scotiabank lifted their price objective on Stella-Jones from C$81.00 to C$88.00 in a research note on Friday, October 17th. Finally, Desjardins raised their price target on Stella-Jones from C$89.00 to C$92.00 and gave the company a “buy” rating in a report on Wednesday, October 1st. Three equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of C$91.33.

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.