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

Shares of Stella-Jones Inc. (TSE:SJ) have earned a consensus recommendation of “Moderate Buy” from the eight brokerages that are covering the stock, Marketbeat.com reports. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is C$94.38.

Several brokerages have recently issued reports on SJ. Scotiabank reduced their price objective on Stella-Jones from C$99.00 to C$97.00 and set a “sector outperform” rating on the stock in a research note on Tuesday, April 28th. Desjardins cut their price target on Stella-Jones from C$107.00 to C$104.00 and set a “buy” rating on the stock in a report on Thursday, May 7th. Raymond James Financial reduced their price target on Stella-Jones from C$100.00 to C$95.00 and set an “outperform” rating on the stock in a research report on Thursday, May 7th. TD lowered their price objective on Stella-Jones from C$106.00 to C$93.00 and set a “buy” rating for the company in a research report on Monday, May 11th. Finally, Canadian Imperial Bank of Commerce decreased their price target on shares of Stella-Jones from C$87.00 to C$82.00 in a research note on Thursday, July 9th.

Insider Activity at Stella-Jones

In other Stella-Jones news, Director Kevin Patrick Comerford acquired 500 shares of the stock in a transaction dated Monday, May 11th. The stock was acquired at an average cost of C$72.06 per share, with a total value of C$36,030.00. Following the transaction, the director owned 6,176 shares in the company, valued at C$445,042.56. The trade was a 8.81% increase in their position. Also, Director Kenner James acquired 937 shares of the stock in a transaction dated Tuesday, May 12th. The shares were acquired at an average cost of C$73.22 per share, with a total value of C$68,607.14. Following the completion of the transaction, the director owned 1,834 shares in the company, valued at approximately C$134,285.48. This represents a 104.46% increase in their position. Insiders have acquired 3,443 shares of company stock valued at $247,814 over the last quarter. 0.14% of the stock is owned by insiders.

Stella-Jones Price Performance

SJ opened at C$75.95 on Friday. The stock’s 50-day moving average price is C$78.78 and its 200 day moving average price is C$86.12. Stella-Jones has a 12-month low of C$69.94 and a 12-month high of C$101.31. The firm has a market cap of C$4.14 billion, a price-to-earnings ratio of 13.76, a PEG ratio of 2.40 and a beta of -0.07. The company has a current ratio of 4.96, a quick ratio of 1.20 and a debt-to-equity ratio of 80.71.

Stella-Jones (TSE:SJ) last issued its quarterly earnings results on Wednesday, May 6th. The company reported C$1.12 earnings per share (EPS) for the quarter. The company had revenue of C$791.00 million for the quarter. Stella-Jones had a net margin of 8.66% and a return on equity of 14.85%. As a group, sell-side analysts expect that Stella-Jones will post 6.4457565 earnings per share for the current year.

Stella-Jones Company Profile

Stella-Jones Inc produces and sells lumber and wood products. The company operates in two segments: Pressure-treated wood, which includes utility poles, railway ties, residential lumber, and industrial products; and Logs & Lumber segment comprises of the sales of logs harvested in the course of the company’s procurement process that is determined to be unsuitable for use as utility poles, it also includes the sale of excess lumber to local home-building markets. The vast majority of its revenue comes from the Pressure-treated wood segment.