Analysts Set Stella-Jones Inc. (TSE:SJ) Price Target at C$95.50

Stella-Jones Inc. (TSE:SJ) has been given an average recommendation of “Moderate Buy” by the six brokerages that are presently covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is C$95.50.

Several brokerages recently issued reports on SJ. TD Securities increased their price target on Stella-Jones from C$98.00 to C$103.00 and gave the company a “buy” rating in a report on Thursday, August 8th. CIBC increased their target price on Stella-Jones from C$94.00 to C$97.00 in a research note on Thursday, August 8th. National Bankshares boosted their price target on Stella-Jones from C$91.00 to C$99.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 16th. Finally, Royal Bank of Canada downgraded shares of Stella-Jones from an “outperform” rating to a “sector perform” rating and set a C$94.00 price objective for the company. in a research report on Monday, July 8th.

Stella-Jones Price Performance

Stella-Jones stock opened at C$87.63 on Tuesday. Stella-Jones has a 1 year low of C$63.08 and a 1 year high of C$98.00. The company has a debt-to-equity ratio of 93.08, a quick ratio of 1.20 and a current ratio of 6.57. The firm has a 50 day moving average price of C$91.85 and a 200 day moving average price of C$85.65. The company has a market cap of C$4.94 billion, a price-to-earnings ratio of 14.16, a PEG ratio of 2.40 and a beta of 0.64.

Stella-Jones (TSE:SJ) last issued its earnings results on Wednesday, August 7th. The company reported C$1.94 earnings per share for the quarter, missing analysts’ consensus estimates of C$1.96 by C($0.02). The firm had revenue of C$1.05 billion during the quarter, compared to analyst estimates of C$1.07 billion. Stella-Jones had a net margin of 10.20% and a return on equity of 20.64%. Sell-side analysts predict that Stella-Jones will post 6.5134948 earnings per share for the current year.

Insider Activity

In related news, Director James Augustus Manzi sold 5,000 shares of the company’s stock in a transaction on Friday, September 13th. The stock was sold at an average price of C$92.92, for a total transaction of C$464,583.48. Company insiders own 0.14% of the company’s stock.

Stella-Jones Company Profile

Stella-Jones Inc produces and sells pressure-treated wood products in Canada and the United States. It operates through two segments, Pressure-Treated Wood; and Logs and Lumber. The company offers railway ties and timbers for short line and commercial railroad operators; and wood utility poles for electrical utilities and telecommunication companies.