Stella-Jones Inc. (SJ.TO) – What Are Brokerages Saying About This Stock?

Shares of Stella-Jones Inc. (TSE:SJ) have been assigned an average recommendation of “Moderate Buy” from the eight ratings firms that are currently covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is C$89.62.

SJ has been the topic of a number of research reports. Desjardins dropped their target price on Stella-Jones from C$104.00 to C$99.00 and set a “buy” rating on the stock in a report on Friday, August 7th. Scotiabank decreased their price target on shares of Stella-Jones from C$93.00 to C$85.00 and set a “sector outperform” rating for the company in a report on Wednesday, August 12th. Royal Bank Of Canada decreased their price target on shares of Stella-Jones from C$79.00 to C$76.00 in a report on Wednesday, September 30th. National Bank Financial lowered their price objective on shares of Stella-Jones from C$95.00 to C$92.00 and set a “sector perform” rating on the stock in a research report on Friday, August 7th. Finally, Raymond James Financial lowered their price objective on shares of Stella-Jones from C$90.00 to C$83.00 and set an “outperform” rating on the stock in a research report on Friday, August 7th.

Stella-Jones Stock Performance

Shares of Stella-Jones stock opened at C$65.00 on Wednesday. The stock has a market cap of C$3.55 billion, a PE ratio of 13.77, a price-to-earnings-growth ratio of 2.40 and a beta of -0.12. The business has a fifty day simple moving average of C$70.20 and a 200-day simple moving average of C$77.26. The company has a quick ratio of 1.20, a current ratio of 5.25 and a debt-to-equity ratio of 75.40. Stella-Jones has a 12 month low of C$63.58 and a 12 month high of C$101.31.

Stella-Jones (TSE:SJ) last issued its quarterly earnings results on Thursday, August 6th. The company reported C$1.59 earnings per share for the quarter. The business had revenue of C$1.04 billion for the quarter. Stella-Jones had a return on equity of 12.35% and a net margin of 7.36%. On average, sell-side analysts anticipate that Stella-Jones will post 6.45 EPS for the current fiscal year.

Stella-Jones Company Profile

Stella-Jones Inc (TSX: SJ) is a leading North American manufacturer of products focused on supporting infrastructure essential to the electrical distribution and transmission network, and the operation and maintenance of railway transportation systems. It supplies the continent’s major electrical utility companies with treated wood poles and crossarms, steel lattice towers and steel transmission poles, as well as North America’s Class 1, short line and commercial railroad operators with treated wood railway ties.