Stella-Jones (OTCMKTS:STLJF) Shares Down 1.8% – Here’s Why

Shares of Stella-Jones Inc. (OTCMKTS:STLJF) traded down 1.8% on Tuesday . The company traded as low as $53.75 and last traded at $53.75. Approximately 1,885 shares were traded during trading, a decline of 89% from the average session volume of 17,241 shares. The stock had previously closed at $54.76.

Wall Street Analysts Forecast Growth

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 restated a “neutral” rating on shares of Stella-Jones in a research report on Thursday, July 9th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, Stella-Jones currently has an average rating of “Moderate Buy”.

Stella-Jones Stock Down 1.8%

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 cap of $2.93 billion and a PE ratio of 36.56. The stock has a 50-day moving average of $55.86 and a 200-day moving average of $62.24.

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

Stella-Jones Company Profile

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.