Stella-Jones Inc. (TSE:SJ) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Stella-Jones Inc. (TSE:SJ) have received a consensus recommendation of “Moderate Buy” from the eight ratings firms that are covering the firm, MarketBeat reports. Three analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month price target among brokerages that have covered the stock in the last year is C$95.38.

A number of equities analysts have issued reports on the stock. Royal Bank Of Canada decreased 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 report on Thursday, May 7th. TD cut their target price on Stella-Jones from C$106.00 to C$93.00 and set a “buy” rating on the stock in a research note on Monday, May 11th. National Bank Financial downgraded Stella-Jones from an “outperform” rating to a “hold” rating and reduced their price target for the company from C$107.00 to C$95.00 in a report on Wednesday, April 8th. Desjardins lowered their price target on Stella-Jones from C$107.00 to C$104.00 and set a “buy” rating for the company in a research report on Thursday, May 7th. Finally, Canadian Imperial Bank of Commerce dropped their price objective on Stella-Jones from C$96.00 to C$87.00 in a report on Thursday, May 7th.

Insider Activity

In related news, Director Anne Elizabeth Giardini purchased 1,000 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The shares were acquired at an average price of C$71.25 per share, for a total transaction of C$71,250.00. Following the completion of the acquisition, the director directly owned 3,400 shares in the company, valued at approximately C$242,250. The trade was a 41.67% increase in their position. Also, Director Kenner James purchased 937 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The stock was bought at an average price of C$73.22 per share, for a total transaction of C$68,607.14. Following the acquisition, the director owned 1,834 shares of the company’s stock, valued at C$134,285.48. This represents a 104.46% increase in their ownership of the stock. Over the last three months, insiders have acquired 3,443 shares of company stock valued at $247,814. Company insiders own 0.14% of the company’s stock.

Stella-Jones Price Performance

Shares of TSE SJ opened at C$80.06 on Monday. The company has a quick ratio of 1.20, a current ratio of 4.96 and a debt-to-equity ratio of 80.71. Stella-Jones has a 52 week low of C$69.94 and a 52 week high of C$101.31. The firm’s fifty day moving average is C$78.89 and its 200 day moving average is C$86.86. The company has a market cap of C$4.37 billion, a price-to-earnings ratio of 14.50, a PEG ratio of 2.40 and a beta of 0.00.

Stella-Jones (TSE:SJ) last posted its quarterly earnings results on Wednesday, May 6th. The company reported C$1.12 EPS for the quarter. The company 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%. On average, equities research analysts expect that Stella-Jones will post 6.4457565 earnings per share for the current 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.