Stella-Jones (OTCMKTS:STLJF) Shares Gap Up – Time to Buy?

Stella-Jones Inc. (OTCMKTS:STLJF)’s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $53.75, but opened at $56.23. Stella-Jones shares last traded at $56.23, with a volume of 101 shares traded.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on STLJF. Desjardins reiterated a “buy” rating on shares of Stella-Jones in a research report on Thursday, May 7th. Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Stella-Jones in a research note on Thursday, July 9th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Stella-Jones Price Performance

The business’s 50-day moving average price is $55.86 and its 200 day moving average price is $61.99. The company has a quick ratio of 1.11, a current ratio of 4.96 and a debt-to-equity ratio of 0.60. The company has a market capitalization of $3.07 billion and a P/E ratio of 38.25.

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

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.