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

Shares of Stella-Jones Inc. (TSE:SJ) have received an average recommendation of “Moderate Buy” from the seven research firms that are covering the company, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is C$101.29.

A number of brokerages recently issued reports on SJ. Canadian Imperial Bank of Commerce increased their target price on shares of Stella-Jones from C$90.00 to C$100.00 in a research report on Friday, February 6th. Desjardins set a C$102.00 price target on shares of Stella-Jones and gave the stock a “buy” rating in a research report on Friday, December 12th. National Bank Financial upped their price target on shares of Stella-Jones from C$95.00 to C$107.00 and gave the stock an “outperform” rating in a research note on Monday, December 15th. Royal Bank Of Canada increased their price objective on shares of Stella-Jones from C$89.00 to C$95.00 in a report on Friday, February 27th. Finally, TD Securities raised their price objective on shares of Stella-Jones from C$97.00 to C$107.00 and gave the company a “buy” rating in a research note on Monday, March 2nd.

Stella-Jones Stock Up 0.5%

Shares of Stella-Jones stock opened at C$94.13 on Friday. The business’s fifty day moving average price is C$94.57 and its two-hundred day moving average price is C$86.98. The company has a debt-to-equity ratio of 92.30, a current ratio of 7.40 and a quick ratio of 1.20. The company has a market capitalization of C$5.14 billion, a P/E ratio of 15.46, a PEG ratio of 2.40 and a beta of -0.20. Stella-Jones has a 1-year low of C$62.26 and a 1-year high of C$101.31.

Stella-Jones (TSE:SJ) last released its quarterly earnings results on Thursday, February 26th. The company reported C$0.91 earnings per share (EPS) for the quarter. The company had revenue of C$727.00 million during the quarter. Stella-Jones had a return on equity of 16.67% and a net margin of 9.65%. As a group, research analysts forecast that Stella-Jones will post 6.4457565 EPS for the current year.

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.