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

Shares of Stella-Jones Inc. (TSE:SJ) have been given a consensus recommendation of “Moderate Buy” by the six brokerages that are covering the firm, MarketBeat reports. Three analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average twelve-month price objective among analysts that have covered the stock in the last year is C$95.50.

Several research analysts recently commented on SJ shares. National Bankshares lifted their target price on shares of Stella-Jones from C$91.00 to C$99.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 16th. TD Securities upped their price objective on shares of Stella-Jones from C$98.00 to C$103.00 and gave the company a “buy” rating in a research note on Thursday, August 8th. Royal Bank of Canada cut Stella-Jones from an “outperform” rating to a “sector perform” rating and set a C$94.00 target price on the stock. in a research note on Monday, July 8th. Finally, CIBC upped their price target on Stella-Jones from C$94.00 to C$97.00 in a research report on Thursday, August 8th.

Stella-Jones Stock Up 1.7 %

SJ stock opened at C$88.79 on Tuesday. The company’s 50 day moving average is C$91.65 and its 200 day moving average is C$85.93. Stella-Jones has a 1-year low of C$63.08 and a 1-year high of C$98.00. The stock has a market cap of C$5.00 billion, a price-to-earnings ratio of 14.34, a price-to-earnings-growth ratio of 2.40 and a beta of 0.64. The company has a current ratio of 6.57, a quick ratio of 1.20 and a debt-to-equity ratio of 93.08.

Stella-Jones (TSE:SJ) last posted its quarterly earnings results on Wednesday, August 7th. The company reported C$1.94 earnings per share (EPS) for the quarter, missing the consensus estimate of C$1.96 by C($0.02). The company had revenue of C$1.05 billion for the quarter, compared to the consensus estimate of C$1.07 billion. Stella-Jones had a return on equity of 20.64% and a net margin of 10.20%. Sell-side analysts predict that Stella-Jones will post 6.4457565 EPS for the current fiscal year.

Insider Buying and Selling at Stella-Jones

In other news, Director James Augustus Manzi sold 5,000 shares of the stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of C$92.92, for a total value of C$464,583.48. Insiders own 0.14% of the company’s stock.

About Stella-Jones

Stella-Jones Inc produces and sells pressure-treated wood products in Canada and the United States. It operates through two segments, Pressure-Treated Wood; and Logs and Lumber. The company offers railway ties and timbers for short line and commercial railroad operators; and wood utility poles for electrical utilities and telecommunication companies.