Stella-Jones Receives Consensus Recommendation of “Buy” from Analysts (TSE:SJ)
Stella-Jones (TSE:SJ) has been given an average recommendation of “Buy” by the nine analysts that are covering the stock, Analyst Ratings Network reports. Three investment analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is C$30.75.
A number of research firms have recently commented on SJ. Analysts at Laurentian raised their price target on shares of Stella-Jones from C$35.00 to C$37.00 in a research note on Monday. They now have a “buy” rating on the stock. Analysts at Scotiabank raised their price target on shares of Stella-Jones from C$30.00 to C$32.00 in a research note on Monday. They now have a “sector perform” rating on the stock.
Shares of Stella-Jones (TSE:SJ) traded down 0.29% on Tuesday, hitting $30.50. 9,319 shares of the company’s stock traded hands. Stella-Jones has a 52 week low of $24.375 and a 52 week high of $32.74. The stock’s 50-day moving average is $28.69 and its 200-day moving average is $28.91. The company has a market cap of $2.097 billion and a price-to-earnings ratio of 21.73.
Stella-Jones (TSE:SJ) last released its earnings data on Monday, August 11th. The company reported $0.42 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.48 by $0.06. Analysts expect that Stella-Jones will post $1.58 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, September 26th. Stockholders of record on Tuesday, September 2nd will be paid a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 0.92%.
Stella-Jones Inc (TSE:SJ) is a producer and marketer of industrial treated wood products, specializing in the production of railway ties and timbers, as well as wood poles supplied to electrical utilities and telecommunication companies.
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