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

Stella-Jones Inc. (TSE:SJ) has been assigned an average rating of “Moderate Buy” from the eight analysts that are currently covering the firm, Marketbeat.com reports. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is C$89.62.

SJ has been the subject of a number of analyst reports. National Bank Financial cut their price target on Stella-Jones from C$95.00 to C$92.00 and set a “sector perform” rating for the company in a research note on Friday, August 7th. Scotiabank lowered their price objective on Stella-Jones from C$93.00 to C$85.00 and set a “sector outperform” rating for the company in a research note on Wednesday, August 12th. Royal Bank Of Canada dropped their target price on Stella-Jones from C$79.00 to C$76.00 in a report on Wednesday, September 30th. Canadian Imperial Bank of Commerce dropped their target price on Stella-Jones from C$87.00 to C$82.00 in a report on Thursday, July 9th. Finally, Raymond James Financial cut their target price on Stella-Jones from C$90.00 to C$83.00 and set an “outperform” rating on the stock in a research report on Friday, August 7th.

Stella-Jones Trading Down 1.0%

TSE:SJ opened at C$64.32 on Wednesday. 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 firm has a 50-day moving average of C$69.66 and a 200-day moving average of C$76.86. The company has a market cap of C$3.51 billion, a PE ratio of 13.63, a PEG ratio of 2.40 and a beta of -0.12. Stella-Jones has a one year low of C$63.58 and a one year high of C$101.31.

Stella-Jones (TSE:SJ) last posted its 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 company had revenue of C$1.04 billion for the quarter. As a group, equities research analysts expect that Stella-Jones will post 6.45 EPS for the current fiscal year.

About Stella-Jones

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.