Stella-Jones (TSE:SJ) Reaches New 1-Year Low – Here’s Why

Stella-Jones Inc. (TSE:SJ)’s stock price reached a new 52-week low during trading on Monday . The stock traded as low as C$69.88 and last traded at C$69.89, with a volume of 90744 shares changing hands. The stock had previously closed at C$71.38.

Wall Street Analyst Weigh In

SJ has been the topic of a number of recent research reports. Scotiabank lowered their target price on Stella-Jones from C$93.00 to C$85.00 and set a “sector outperform” rating on the stock in a research note on Wednesday, August 12th. Raymond James Financial dropped their target price on Stella-Jones from C$90.00 to C$83.00 and set an “outperform” rating on the stock in a report on Friday, August 7th. Royal Bank Of Canada reduced their price target on Stella-Jones from C$82.00 to C$79.00 and set a “sector perform” rating for the company in a research report on Friday, August 7th. National Bank Financial decreased their price target on Stella-Jones from C$95.00 to C$92.00 and set a “sector perform” rating for the company in a report on Friday, August 7th. Finally, Desjardins lowered their price objective on Stella-Jones from C$104.00 to C$99.00 and set a “buy” rating on the stock in a research report on Friday, August 7th. Five research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of C$90.00.

Stella-Jones Trading Down 1.4%

The company has a quick ratio of 1.20, a current ratio of 5.25 and a debt-to-equity ratio of 75.40. The company’s 50-day moving average is C$77.75 and its 200 day moving average is C$83.80. The company has a market cap of C$3.77 billion, a price-to-earnings ratio of 14.63, a price-to-earnings-growth ratio of 2.40 and a beta of -0.07.

Stella-Jones (TSE:SJ) last issued its quarterly earnings data on Thursday, August 6th. The company reported C$1.59 earnings per share for the quarter. Stella-Jones had a net margin of 7.36% and a return on equity of 12.35%. The business had revenue of C$1.04 billion during the quarter. Research analysts predict that Stella-Jones Inc. will post 6.4457565 EPS for the current year.

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.