Jewett-Cameron Trading (NASDAQ:JCTC) Posts Quarterly Earnings Results

Jewett-Cameron Trading (NASDAQ:JCTC) posted its quarterly earnings results on Monday. The company reported ($0.35) earnings per share for the quarter, FiscalAI reports. Jewett-Cameron Trading had a negative return on equity of 31.43% and a negative net margin of 19.19%.The company had revenue of $10.54 million during the quarter.

Here are the key takeaways from Jewett-Cameron Trading’s conference call:

• Jewett-Cameron expanded its Lifetime Steel Post in-aisle displayers into over 330 Home Depot and Lowe’s stores (up ~65% from ~200 three months ago), with strong point-of-sale trends and a shift to lower-cost overseas production expected to reduce the prior margin drag.
• Launched the patent-pending Adjust-A-Gate Unlimited, a full low-profile, anti-sag steel gate kit that includes all hardware and targets pros and DIYers at a competitive price point.
• Q2 revenue rose to $9.1M from $8.2M, but gross margin fell to 20.1% (from 25.1%) and the company reported a $0.6M net loss
• Management highlights multi-sourcing and moving production outside China since 2023 as a competitive advantage, but the newly announced global 25% steel tariff and a fluid tariff environment create ongoing uncertainty for pricing and margins.
• Balance-sheet notes: inventory declined 23% to $14.9M, cash was $0.4M, no long-term debt and access to a $6M revolver; the company also lists a seed facility for $9M (carried under $600k), whose sale could materially boost shareholder equity if realized.

Jewett-Cameron Trading Stock Up 6.8%

NASDAQ JCTC opened at $1.81 on Wednesday. The stock has a market capitalization of $6.37 million, a PE ratio of -0.79 and a beta of 0.19. The company has a 50 day moving average price of $1.77 and a two-hundred day moving average price of $2.31. Jewett-Cameron Trading has a 12-month low of $1.54 and a 12-month high of $4.35.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Jewett-Cameron Trading in a research note on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has an average rating of “Sell”.

Insider Transactions at Jewett-Cameron Trading

In other Jewett-Cameron Trading news, major shareholder Community Foundation Oregon sold 43,980 shares of Jewett-Cameron Trading stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $1.81, for a total value of $79,603.80. Following the completion of the sale, the insider directly owned 785,959 shares in the company, valued at $1,422,585.79. The trade was a 5.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold 68,676 shares of company stock valued at $123,885 in the last ninety days. 1.33% of the stock is owned by insiders.

Institutional Trading of Jewett-Cameron Trading

A number of institutional investors have recently added to or reduced their stakes in the business. DRW Securities LLC bought a new position in shares of Jewett-Cameron Trading in the fourth quarter valued at approximately $44,000. Susquehanna International Group LLP bought a new position in shares of Jewett-Cameron Trading in the third quarter valued at approximately $54,000. Finally, Citadel Advisors LLC bought a new position in shares of Jewett-Cameron Trading in the third quarter valued at approximately $77,000. 26.05% of the stock is currently owned by institutional investors and hedge funds.

Jewett-Cameron Trading Company Profile

Jewett-Cameron Trading Company Ltd. is a supplier of `Value-added` building materials to major home improvement center chains in the western United States. The Company concentrates on the residential repair and remodeling segment of the building materials industry.

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