Stella-Jones Inc. (TSE:SJ) Receives C$101.29 Consensus PT from Brokerages

Shares of Stella-Jones Inc. (TSE:SJ) have been given a consensus rating of “Moderate Buy” by the seven ratings firms that are covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year target price among brokers that have covered the stock in the last year is C$101.29.

SJ has been the subject of a number of recent analyst reports. 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. Scotiabank raised Stella-Jones from a “hold” rating to an “outperform” rating and upped their target price for the company from C$88.00 to C$98.00 in a research report on Thursday, January 29th. Canadian Imperial Bank of Commerce increased their target price on Stella-Jones from C$90.00 to C$100.00 in a research note on Friday, February 6th. Desjardins set a C$102.00 price target on shares of Stella-Jones and gave the stock a “buy” rating in a research report on Friday, December 12th. Finally, Royal Bank Of Canada lifted their price target on shares of Stella-Jones from C$89.00 to C$95.00 in a research note on Friday, February 27th.

Stella-Jones Stock Performance

TSE:SJ opened at C$92.43 on Friday. The firm has a 50-day moving average of C$94.13 and a two-hundred day moving average of C$86.70. The company has a debt-to-equity ratio of 92.30, a current ratio of 7.40 and a quick ratio of 1.20. The stock has a market cap of C$5.05 billion, a P/E ratio of 15.13, a PEG ratio of 2.40 and a beta of -0.20. Stella-Jones has a 1-year low of C$62.26 and a 1-year high of C$101.31.

Stella-Jones (TSE:SJ) last announced its earnings results on Thursday, February 26th. The company reported C$0.91 earnings per share (EPS) for the quarter. Stella-Jones had a return on equity of 16.67% and a net margin of 9.65%.The business had revenue of C$727.00 million for the quarter. On average, research analysts expect that Stella-Jones will post 6.4457565 earnings per share for the current fiscal year.

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.