Stella-Jones Inc. (TSE:SJ) Receives Consensus Rating of “Moderate Buy” from Brokerages

Stella-Jones Inc. (TSE:SJ) has been given an average recommendation of “Moderate Buy” by the eight research firms that are presently covering the firm, MarketBeat reports. Three analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month target price among analysts that have covered the stock in the last year is C$95.38.

Several research firms have weighed in on SJ. Desjardins dropped their price objective on shares of Stella-Jones from C$107.00 to C$104.00 and set a “buy” rating on the stock in a research note on Thursday, May 7th. Scotiabank dropped their price objective 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 note on Tuesday, April 28th. Royal Bank Of Canada dropped their price objective on shares of Stella-Jones from C$93.00 to C$85.00 and set a “sector perform” rating on the stock in a research note on Thursday, May 7th. TD Securities upped 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. Finally, Raymond James Financial dropped their price objective on shares of Stella-Jones from C$100.00 to C$95.00 and set an “outperform” rating on the stock in a research note on Thursday, May 7th.

Stella-Jones Stock Down 1.0%

Stella-Jones stock opened at C$80.74 on Thursday. The firm has a market cap of C$4.40 billion, a PE ratio of 14.63, a P/E/G ratio of 2.40 and a beta of 0.00. 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 firm’s 50 day moving average price is C$80.92 and its two-hundred day moving average price is C$87.37. Stella-Jones has a twelve month low of C$69.94 and a twelve month high of C$101.31.

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

Insider Buying and Selling

In other Stella-Jones news, Director Anne Elizabeth Giardini acquired 1,000 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The stock was purchased at an average cost of C$71.25 per share, for a total transaction of C$71,250.00. Following the completion of the acquisition, the director owned 3,400 shares of the company’s stock, valued at approximately C$242,250. This trade represents a 41.67% increase in their position. Also, Director Kenner James acquired 937 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The stock was 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 acquisition, the director directly owned 1,834 shares of the company’s stock, valued at C$134,285.48. This represents a 104.46% increase in their position. Over the last three months, insiders acquired 3,443 shares of company stock worth $247,814. Corporate insiders own 0.14% of the company’s stock.

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.