National Bank Financial Issues Pessimistic Forecast for Stella-Jones (TSE:SJ) Stock Price

Stella-Jones (TSE:SJ) had its price target reduced by stock analysts at National Bank Financial from C$92.00 to C$80.00 in a report released on Thursday, BayStreet reports. The firm currently has a “sector perform” rating on the stock. National Bank Financial‘s price target would indicate a potential upside of 21.49% from the company’s previous close.

SJ has been the subject of a number of other reports. Canadian Imperial Bank of Commerce reduced their price target on shares of Stella-Jones from C$87.00 to C$82.00 in a research report on Thursday, July 9th. Desjardins lowered their price objective on shares of Stella-Jones from C$104.00 to C$99.00 and set a “buy” rating on the stock in a research report on Friday, August 7th. Royal Bank Of Canada dropped their price objective on shares of Stella-Jones from C$79.00 to C$76.00 in a research note on Wednesday, September 30th. Raymond James Financial cut their target price on shares of Stella-Jones from C$90.00 to C$83.00 and set an “outperform” rating for the company in a research report on Friday, August 7th. Finally, Scotiabank decreased their target price on shares of Stella-Jones from C$93.00 to C$85.00 and set a “sector outperform” rating for the company in a research note on Wednesday, August 12th. Five research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of C$81.62.

Stella-Jones Stock Up 1.3%

Shares of SJ traded up C$0.84 during mid-day trading on Thursday, reaching C$65.85. The company’s stock had a trading volume of 197,386 shares, compared to its average volume of 172,112. The business has a fifty day moving average of C$67.10 and a 200 day moving average of C$79.86. The company has a market cap of C$3.59 billion, a price-to-earnings ratio of 13.95, a price-to-earnings-growth ratio of 2.40 and a beta of 0.06. Stella-Jones has a 1 year low of C$58.37 and a 1 year high of C$101.31. The company has a quick ratio of 1.20, a current ratio of 4.86 and a debt-to-equity ratio of 70.31.

Stella-Jones (TSE:SJ) last issued its earnings results on Wednesday, November 4th. The company reported C$1.39 EPS for the quarter. Stella-Jones had a return on equity of 10.40% and a net margin of 6.27%. The business had revenue of C$979.00 million during the quarter. As a group, analysts forecast that Stella-Jones will post 6.45 earnings per share for the current fiscal year.

Stella-Jones News Roundup

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

• Positive Sentiment: Management outlined up to $100 million in cost savings over three years and is targeting a full operating run rate at its Candiac facility by the end of Q1 2027. If achieved, the savings could improve margins. Article: Stella-Jones outlines up to $100M in 3-year cost savings
• Positive Sentiment: A recent analysis argues Stella-Jones shares look undervalued based on cash flow, which may appeal to investors focused on valuation. Article: Stella Jones Stock Looks Below Fair Value On Cash Flow
• Neutral Sentiment: Third-quarter sales rose, but adjusted earnings fell. The company also announced a normal-course issuer bid; the earnings trend is a concern, while the buyback could provide some support depending on its execution. Article: Stella-Jones Q3 adjusted earnings fall, sales rise; announces normal course issuer bid
• Negative Sentiment: Several firms cut their price targets, signaling more cautious expectations. Raymond James lowered its target to C$80, Desjardins to C$77, Scotiabank to C$76, TD to C$81, RBC to C$70, and National Bank Financial to C$80. Their ratings remain at outperform, buy, or sector perform, but the target reductions are a near-term sentiment headwind. Read More., Read More., Read More., Read More., Read More., Read More..

Stella-Jones Company Profile

Stella-Jones Inc (TSX: SJ) is a leading North American manufacturer of products focused on supporting infrastructure essential to the electrical distribution and transmission network, and the operation and maintenance of railway transportation systems. It supplies the continent’s major electrical utility companies with treated wood poles and crossarms, steel lattice towers and steel transmission poles, as well as North America’s Class 1, short line and commercial railroad operators with treated wood railway ties.