Stella-Jones Inc. (TSE:SJ) Stock Has Consensus Target Price of C$89.62 According to Analysts

Shares of Stella-Jones Inc. (TSE:SJ) have been given a consensus recommendation of “Moderate Buy” by the eight analysts that are currently covering the stock, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is C$89.62.

A number of research analysts have commented on the company. Canadian Imperial Bank of Commerce decreased their price objective on Stella-Jones from C$87.00 to C$82.00 in a research report on Thursday, July 9th. Raymond James Financial dropped their target price on 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. Royal Bank Of Canada cut their price target on Stella-Jones from C$79.00 to C$76.00 in a research note on Wednesday, September 30th. National Bank Financial decreased their price target on Stella-Jones from C$95.00 to C$92.00 and set a “sector perform” rating on the stock in a report on Friday, August 7th. Finally, Desjardins decreased their price target on Stella-Jones from C$104.00 to C$99.00 and set a “buy” rating on the stock in a report on Friday, August 7th.

Stella-Jones Price Performance

SJ opened at C$65.00 on Wednesday. Stella-Jones has a one year low of C$63.58 and a one year high of C$101.31. The company has a debt-to-equity ratio of 75.40, a current ratio of 5.25 and a quick ratio of 1.20. The company’s 50 day simple moving average is C$70.20 and its 200-day simple moving average is C$77.37. The stock has a market capitalization of C$3.55 billion, a P/E ratio of 13.77, a price-to-earnings-growth ratio of 2.40 and a beta of -0.12.

Stella-Jones (TSE:SJ) last issued its quarterly earnings results on Thursday, August 6th. The company reported C$1.59 earnings per share for the quarter. Stella-Jones had a net margin of 7.36% and a return on equity of 12.35%. The business had revenue of C$1.04 billion during the quarter. Sell-side analysts anticipate that Stella-Jones will post 6.45 earnings per share for the current fiscal year.

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.