Stella-Jones (TSE:SJ) Price Target Lowered to C$104.00 at Desjardins

Stella-Jones (TSE:SJ) had its target price trimmed by Desjardins from C$107.00 to C$104.00 in a report published on Thursday,BayStreet.CA reports. The firm currently has a buy rating on the stock.

SJ has been the topic of several other reports. TD Securities boosted their price objective on shares of 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. National Bank Financial cut shares of Stella-Jones from an “outperform” rating to a “hold” rating and dropped their price objective for the company from C$107.00 to C$95.00 in a research note on Wednesday, April 8th. TD dropped their price objective on shares of Stella-Jones from C$107.00 to C$106.00 and set a “buy” rating on the stock in a research note on Tuesday. Canadian Imperial Bank of Commerce dropped their price objective on shares of Stella-Jones from C$96.00 to C$87.00 in a research note on Thursday. Finally, Royal Bank Of Canada dropped their price objective on shares of Stella-Jones from C$93.00 to C$85.00 and set a “sector perform” rating on the stock in a research note on Thursday. Five investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, Stella-Jones has an average rating of “Moderate Buy” and an average price target of C$97.00.

Stella-Jones Stock Down 3.4%

SJ stock opened at C$74.42 on Thursday. The company has a fifty day moving average price of C$89.83 and a 200 day moving average price of C$88.24. Stella-Jones has a 12 month low of C$70.98 and a 12 month high of C$101.31. The company has a market cap of C$4.06 billion, a price-to-earnings ratio of 12.22, a price-to-earnings-growth ratio of 2.40 and a beta of -0.15. The company has a debt-to-equity ratio of 80.71, a current ratio of 4.96 and a quick ratio of 1.20.

Stella-Jones (TSE:SJ) last released its quarterly earnings results on Wednesday, May 6th. The company reported C$1.12 EPS for the quarter. Stella-Jones had a net margin of 8.66% and a return on equity of 14.85%. The firm had revenue of C$791.00 million during the quarter. Sell-side analysts expect that Stella-Jones will post 6.4457565 earnings per share for the current year.

Key Stories Impacting Stella-Jones

Here are the key news stories impacting Stella-Jones this week:

• Positive Sentiment: Desjardins kept a “buy” rating and a C$104 price target (still a large implied upside), signalling continued long?term confidence despite the cut. Article Title
• Positive Sentiment: Raymond James retained an “outperform” rating with a C$95 target after lowering its previous target — the firm still sees meaningful upside relative to the current price. Article Title
• Neutral Sentiment: Stella?Jones reported Q1 results: C$1.12 EPS, C$791M revenue, 9.65% net margin and 16.67% ROE — solid profitability metrics that support the company’s earnings power; investors will focus on guidance and capital?allocation commentary from the call/slide deck. Press Release
• Neutral Sentiment: Company completed its annual meeting and reported director election results — routine governance update with limited immediate impact on valuation. Article Title
• Neutral Sentiment: Analysis pieces note the St?Jones narrative is shifting as analysts reassess outlook and capital returns; that evolving view helps explain diverging analyst actions. Article Title
• Negative Sentiment: RBC trimmed its price target from C$93 to C$85 and moved to “sector perform” — a more cautious near?term stance that reduces upside expectations. Article Title
• Negative Sentiment: CIBC lowered its target to C$87 from C$96, signaling reduced analyst expectations for shares in the nearer term. Article Title

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.