Stella-Jones Inc. (SJ) to Post FY2018 Earnings of $2.83 Per Share, Desjardins Forecasts
Stella-Jones Inc. (TSE:SJ) – Stock analysts at Desjardins issued their FY2018 EPS estimates for Stella-Jones in a research note issued on Monday. Desjardins analyst B. Poirier anticipates that the firm will post earnings per share of $2.83 for the year. Desjardins currently has a “Buy” rating on the stock. Desjardins also issued estimates for Stella-Jones’ FY2019 earnings at $3.00 EPS and FY2020 earnings at $3.15 EPS.
A number of other equities research analysts also recently weighed in on the company. Royal Bank Of Canada reissued an “outperform” rating and set a C$56.00 target price on shares of Stella-Jones in a research report on Wednesday, July 20th. TD Securities decreased their target price on Stella-Jones from C$59.00 to C$56.00 and set a “buy” rating on the stock in a research report on Thursday, August 11th. Finally, Scotiabank reissued a “sector perform” rating and set a C$53.00 target price on shares of Stella-Jones in a research report on Thursday, August 11th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of C$54.58.
Stella-Jones (TSE:SJ) traded up 0.13% during mid-day trading on Tuesday, reaching $46.09. The company had a trading volume of 67,063 shares. Stella-Jones has a 52-week low of $39.00 and a 52-week high of $54.00. The company’s 50 day moving average is $44.93 and its 200 day moving average is $47.00. The stock has a market capitalization of $3.19 billion and a price-to-earnings ratio of 19.70.
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The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 23rd. Shareholders of record on Friday, September 23rd will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.87%. The ex-dividend date is Wednesday, August 31st.
Stella-Jones Inc is a Canada-based producer and marketer of pressure treated wood products. The Company supplies North America’s railroad operators with railway ties and timbers, and electrical utilities and telecommunication companies with utility poles. It also provides residential lumber and customized services to retailers and wholesalers for outdoor applications, as well as industrial products, which include marine and foundation pilings, construction timbers, wood for bridges and coal-tar based products.
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