Stella-Jones (TSE:SJ) Director Kenner James Buys 937 Shares of Stock

Stella-Jones Inc. (TSE:SJ) Director Kenner James acquired 937 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The shares were acquired at an average price of C$73.22 per share, with a total value of C$68,607.14. Following the completion of the transaction, the director owned 1,834 shares in the company, valued at C$134,285.48. The trade was a 104.46% increase in their ownership of the stock.

Stella-Jones Stock Up 3.0%

Shares of TSE SJ opened at C$74.24 on Wednesday. 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. The company has a current ratio of 4.96, a quick ratio of 1.20 and a debt-to-equity ratio of 80.71. Stella-Jones Inc. has a 12 month low of C$69.94 and a 12 month high of C$101.31. The stock has a 50-day moving average price of C$88.55 and a two-hundred day moving average price of C$88.10.

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

Analyst Ratings Changes

SJ has been the topic of a number of research reports. Desjardins reduced their target price on shares of Stella-Jones from C$107.00 to C$104.00 and set a “buy” rating on the stock in a report on Thursday, May 7th. Canadian Imperial Bank of Commerce reduced their price objective on shares of Stella-Jones from C$96.00 to C$87.00 in a research note on Thursday, May 7th. 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 research note on Thursday, May 7th. TD Securities boosted their target price on shares of Stella-Jones from C$97.00 to C$107.00 and gave the company a “buy” rating in a report on Monday, March 2nd. Finally, Scotiabank cut their price target on shares of Stella-Jones from C$99.00 to C$97.00 and set a “sector outperform” rating on the stock in a research report on Tuesday, April 28th. Five analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, Stella-Jones currently has a consensus rating of “Moderate Buy” and an average target price of C$95.38.

Stella-Jones News Roundup

Here are the key news stories impacting Stella-Jones this week:

• Positive Sentiment: Multiple Stella-Jones directors and insiders bought shares in recent transactions, signaling confidence in the company’s outlook and supporting investor sentiment.
• Neutral Sentiment: TD lowered its price target on Stella-Jones to C$93.00 from C$106.00, but maintained a Buy rating, indicating continued optimism despite a more cautious valuation view. Stella-Jones (TSE:SJ) Price Target Lowered to C$93.00 at TD
• Neutral Sentiment: The lowered target still implies meaningful upside from the current share price, which may help offset concerns about the analyst revision. BayStreet.CA analyst rating update

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.