Stella-Jones (OTCMKTS:STLJF) Trading Down 1.8% – Here’s Why

Stella-Jones Inc. (OTCMKTS:STLJF)’s share price was down 1.8% during mid-day trading on Tuesday . The stock traded as low as $53.75 and last traded at $53.75. Approximately 1,885 shares were traded during trading, a decline of 89% from the average daily volume of 17,241 shares. The stock had previously closed at $54.76.

Analysts Set New Price Targets

STLJF has been the topic of a number of research analyst reports. Desjardins reissued a “buy” rating on shares of Stella-Jones in a report on Thursday, May 7th. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Stella-Jones in a report on Thursday, July 9th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Stella-Jones Trading Down 1.8%

The stock has a fifty day moving average of $55.86 and a two-hundred day moving average of $62.24. The company has a market capitalization of $2.93 billion and a PE ratio of 36.56. The company has a current ratio of 4.96, a quick ratio of 1.11 and a debt-to-equity ratio of 0.60.

Stella-Jones (OTCMKTS:STLJF) last issued its earnings results on Wednesday, May 6th. The company reported $0.82 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.84 by ($0.02). Stella-Jones had a return on equity of 14.92% and a net margin of 8.66%.The firm had revenue of $568.67 million during the quarter, compared to analysts’ expectations of $583.30 million.

About Stella-Jones

Stella-Jones Inc is a North American producer and distributor of pressure-treated wood products used in infrastructure, utility and residential applications. The company’s core offerings include treated railroad ties, utility poles, crossarms, landscape timbers and posts designed to withstand environmental stresses and extend service life. These products support a range of end markets from railways and power transmission to fencing and outdoor construction.

Founded in 1970 and headquartered in Montreal, Canada, Stella-Jones has grown through both organic expansion and targeted acquisitions to establish a network of manufacturing and treatment facilities across Canada and the United States.