Stella-Jones (TSE:SJ) Director Purchases C$36,030.00 in Stock

Stella-Jones Inc. (TSE:SJ) Director Kevin Patrick Comerford bought 500 shares of the stock in a transaction that occurred on Monday, May 11th. The stock was acquired at an average price of C$72.06 per share, for a total transaction of C$36,030.00. Following the completion of the transaction, the director owned 6,176 shares in the company, valued at C$445,042.56. This trade represents a 8.81% increase in their ownership of the stock.

Kevin Patrick Comerford also recently made the following trade(s):

• On Monday, May 11th, Kevin Patrick Comerford acquired 100 shares of Stella-Jones stock. The shares were purchased at an average cost of C$71.82 per share, with a total value of C$7,182.00.
• On Monday, May 11th, Kevin Patrick Comerford acquired 200 shares of Stella-Jones stock. The stock was acquired at an average price of C$71.82 per share, for a total transaction of C$14,364.00.

Stella-Jones Price Performance

Shares of SJ traded up C$2.17 on Tuesday, hitting C$74.24. The company’s stock had a trading volume of 256,286 shares, compared to its average volume of 143,931. The company has a 50 day moving average price of C$88.55 and a 200 day moving average price of C$88.10. Stella-Jones Inc. has a fifty-two week low of C$69.94 and a fifty-two week high of C$101.31. The company has a debt-to-equity ratio of 80.71, a current ratio of 4.96 and a quick ratio of 1.20. The company has a market capitalization of C$4.05 billion, a PE ratio of 13.45, a PEG ratio of 2.40 and a beta of -0.15.

Stella-Jones (TSE:SJ) last issued its 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 company had revenue of C$791.00 million during the quarter. On average, research analysts anticipate that Stella-Jones Inc. will post 6.4457565 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on SJ. TD Securities raised their target price on shares of Stella-Jones from C$97.00 to C$107.00 and gave the company a “buy” rating in a research report on Monday, March 2nd. Canadian Imperial Bank of Commerce dropped their price target on shares of Stella-Jones from C$96.00 to C$87.00 in a research note on Thursday, May 7th. TD lowered their price objective on shares of Stella-Jones from C$106.00 to C$93.00 and set a “buy” rating on the stock in a research report on Monday. Scotiabank reduced their target price on shares of Stella-Jones from C$99.00 to C$97.00 and set a “sector outperform” rating on the stock in a report on Tuesday, April 28th. Finally, National Bank Financial cut shares of Stella-Jones from an “outperform” rating to a “hold” rating and lowered their price target for the company from C$107.00 to C$95.00 in a research report on Wednesday, April 8th. Five equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of C$95.38.

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.