Stella-Jones (OTCMKTS:STLJF) Shares Gap Up – What’s Next?

Stella-Jones Inc. (OTCMKTS:STLJF) shares gapped up before the market opened on Wednesday . The stock had previously closed at $52.81, but opened at $55.70. Stella-Jones shares last traded at $55.70, with a volume of 100 shares.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on STLJF. Scotiabank raised shares of Stella-Jones from a “sector perform” rating to an “outperform” rating in a research note on Thursday, January 29th. Desjardins restated a “buy” rating on shares of Stella-Jones in a report on Thursday, May 7th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Stella-Jones currently has a consensus rating of “Buy”.

Stella-Jones Price Performance

The company has a market capitalization of $3.04 billion and a P/E ratio of 37.89. The company’s 50-day moving average price is $61.06 and its two-hundred day moving average price is $63.61. The company has a debt-to-equity ratio of 0.64, a current ratio of 7.40 and a quick ratio of 1.34.

Stella-Jones (OTCMKTS:STLJF) last released its quarterly earnings results on Wednesday, May 6th. The company reported $0.82 EPS for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.02). Stella-Jones had a return on equity of 15.08% and a net margin of 8.66%.The business had revenue of $568.67 million for the quarter, compared to the consensus estimate of $583.31 million.

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.