Brokerages Set Stella-Jones Inc. (TSE:SJ) Price Target at C$92.57

Stella-Jones Inc. (TSE:SJ) has earned a consensus recommendation of “Moderate Buy” from the seven brokerages that are covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is C$94.00.

SJ has been the topic of a number of analyst reports. Scotiabank lifted their price objective on Stella-Jones from C$81.00 to C$88.00 in a research report on Friday, October 17th. Royal Bank Of Canada upped their price objective on shares of Stella-Jones from C$78.00 to C$87.00 and gave the company a “sector perform” rating in a report on Wednesday, October 8th. Desjardins set a C$102.00 target price on shares of Stella-Jones and gave the stock a “buy” rating in a research note on Friday. National Bankshares boosted their target price on shares of Stella-Jones from C$92.00 to C$95.00 and gave the company an “outperform” rating in a report on Thursday, October 9th. Finally, TD Securities raised their price target on shares of Stella-Jones from C$90.00 to C$97.00 and gave the stock a “buy” rating in a report on Thursday, November 6th.

Stella-Jones Stock Up 2.1%

Stella-Jones stock opened at C$87.72 on Thursday. Stella-Jones has a 52 week low of C$62.26 and a 52 week high of C$88.00. The firm has a market cap of C$4.82 billion, a price-to-earnings ratio of 14.36, a price-to-earnings-growth ratio of 2.40 and a beta of -0.22. The company has a quick ratio of 1.20, a current ratio of 6.85 and a debt-to-equity ratio of 87.53. The business’s 50-day moving average price is C$82.53 and its 200 day moving average price is C$79.81.

Stella-Jones (TSE:SJ) last released its earnings results on Wednesday, November 5th. The company reported C$1.59 earnings per share for the quarter. The business had revenue of C$958.00 million for the quarter. Stella-Jones had a net margin of 9.43% and a return on equity of 18.36%. As a group, sell-side analysts anticipate that Stella-Jones will post 6.4457565 earnings per share for the current year.

Insider Transactions at Stella-Jones

In other Stella-Jones news, Director Michelle Annette Banik purchased 472 shares of the firm’s stock in a transaction dated Wednesday, November 12th. The shares were acquired at an average price of C$84.60 per share, with a total value of C$39,931.20. Following the purchase, the director directly owned 472 shares in the company, valued at approximately C$39,931.20. This trade represents a ∞ increase in their position. 0.14% of the stock is currently owned by company insiders.

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.