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

Stella-Jones Inc. (TSE:SJ) has received an average recommendation of “Moderate Buy” from the seven analysts that are currently covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is C$89.62.

SJ has been the subject of a number of research reports. Raymond James Financial lowered their price target on Stella-Jones from C$90.00 to C$83.00 and set an “outperform” rating for the company in a report on Friday, August 7th. Scotiabank reduced their price objective on Stella-Jones from C$93.00 to C$85.00 and set a “sector outperform” rating on the stock in a report on Wednesday, August 12th. National Bank Financial decreased their target price on Stella-Jones from C$95.00 to C$92.00 and set a “sector perform” rating for the company in a research report on Friday, August 7th. Royal Bank Of Canada lowered their target price on Stella-Jones from C$79.00 to C$76.00 in a report on Wednesday, September 30th. Finally, Desjardins lowered their target price on Stella-Jones from C$104.00 to C$99.00 and set a “buy” rating for the company in a report on Friday, August 7th.

Stella-Jones Stock Down 0.0%

TSE:SJ opened at C$66.96 on Friday. Stella-Jones has a twelve month low of C$63.58 and a twelve month high of C$101.31. The company has a market cap of C$3.65 billion, a price-to-earnings ratio of 14.19, a price-to-earnings-growth ratio of 2.40 and a beta of -0.12. The stock has a fifty day simple moving average of C$67.42 and a 200-day simple moving average of C$80.23. The company has a current ratio of 5.25, a quick ratio of 1.20 and a debt-to-equity ratio of 75.40.

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