Stella-Jones (TSE:SJ) Director Anne Elizabeth Giardini Acquires 1,000 Shares

Stella-Jones Inc. (TSE:SJ) Director Anne Elizabeth Giardini acquired 1,000 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The shares were bought at an average price of C$71.25 per share, for a total transaction of C$71,250.00. Following the completion of the purchase, the director owned 3,400 shares in the company, valued at C$242,250. This trade represents a 41.67% increase in their position.

Stella-Jones Price Performance

Shares of TSE SJ traded up C$2.17 during midday trading on Tuesday, hitting C$74.24. 256,286 shares of the company’s stock were exchanged, compared to its average volume of 143,931. The company has a current ratio of 4.96, a quick ratio of 1.20 and a debt-to-equity ratio of 80.71. The business’s fifty day moving average price is C$88.55 and its two-hundred day moving average price is C$88.10. The company has a market cap of C$4.05 billion, a price-to-earnings ratio of 13.45, a PEG ratio of 2.40 and a beta of -0.15. Stella-Jones Inc. has a 12-month low of C$69.94 and a 12-month high of C$101.31.

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

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. National Bank Financial lowered shares of Stella-Jones from an “outperform” rating to a “hold” rating and cut their target price for the company from C$107.00 to C$95.00 in a research note on Wednesday, April 8th. Canadian Imperial Bank of Commerce decreased 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 Securities boosted their price objective on shares of Stella-Jones from C$97.00 to C$107.00 and gave the stock a “buy” rating in a research note on Monday, March 2nd. TD decreased their target price on shares of Stella-Jones from C$106.00 to C$93.00 and set a “buy” rating for the company in a research note on Monday. Finally, Royal Bank Of Canada lowered their target price on shares of Stella-Jones from C$93.00 to C$85.00 and set a “sector perform” rating for the company in a report on Thursday, May 7th. Five equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus 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.