Marco Albanesi Acquires 206 Shares of Stella-Jones (TSE:SJ) Stock

Stella-Jones Inc. (TSE:SJ) insider Marco Albanesi bought 206 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The shares were bought at an average price of C$73.00 per share, for a total transaction of C$15,038.00. Following the acquisition, the insider directly owned 826 shares of the company’s stock, valued at C$60,298. This represents a 33.23% increase in their position.

Stella-Jones Stock Performance

SJ opened at C$74.08 on Thursday. Stella-Jones Inc. has a 52-week low of C$69.94 and a 52-week high of C$101.31. The firm has a market capitalization of C$4.04 billion, a PE ratio of 13.42, a PEG ratio of 2.40 and a beta of -0.15. The company has a debt-to-equity ratio of 80.71, a quick ratio of 1.20 and a current ratio of 4.96. The business’s 50-day simple moving average is C$88.12 and its 200 day simple moving average is C$88.06.

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

Wall Street Analyst Weigh In

SJ has been the topic of several analyst reports. Royal Bank Of Canada dropped their target price on Stella-Jones from C$93.00 to C$85.00 and set a “sector perform” rating on the stock in a report on Thursday, May 7th. Desjardins dropped their target price on 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. TD Securities boosted their price target on Stella-Jones from C$97.00 to C$107.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. National Bank Financial downgraded Stella-Jones from an “outperform” rating to a “hold” rating and lowered their price target for the stock from C$107.00 to C$95.00 in a research report on Wednesday, April 8th. Finally, TD lowered their price target on Stella-Jones from C$106.00 to C$93.00 and set a “buy” rating on the stock in a research report on Monday. Five investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of C$95.38.

Trending Headlines about Stella-Jones

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

• Positive Sentiment: Several Stella-Jones insiders and directors bought shares in recent days, including Marco Albanesi, Kevin Patrick Comerford, Mathieu Hebert, Anne Elizabeth Giardini and Kenner James. These purchases can be seen as a bullish signal because leadership is committing personal capital to the stock. Marco Albanesi Purchases 206 Shares of Stella-Jones (TSE:SJ) Stock
• Neutral Sentiment: TD Securities lowered its price target on Stella-Jones to C$93 from C$106, which adds a more cautious valuation view, but the firm maintained its Buy rating, indicating analysts still see upside. Stella-Jones (TSE:SJ) Price Target Lowered to C$93.00 at TD
• Neutral Sentiment: Stella-Jones recently reported solid quarterly results, with C$1.12 EPS on C$791 million in revenue, but the stock is still trading well below its 50-day and 200-day moving averages, reflecting ongoing investor caution despite decent fundamentals.

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.