Stella-Jones (TSE:SJ) Stock Price Passes Above Two Hundred Day Moving Average – Should You Sell?

Shares of Stella-Jones Inc. (TSE:SJ) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$82.03 and traded as high as C$89.45. Stella-Jones shares last traded at C$88.10, with a volume of 138,202 shares.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. National Bankshares upped their price target on shares of Stella-Jones from C$95.00 to C$107.00 and gave the stock an “outperform” rating in a research report on Monday, December 15th. Cibc World Mkts downgraded Stella-Jones from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 21st. Royal Bank Of Canada lifted their target price on Stella-Jones from C$78.00 to C$87.00 and gave the company a “sector perform” rating in a report on Wednesday, October 8th. Desjardins set a C$102.00 price target on Stella-Jones and gave the stock a “buy” rating in a research note on Friday, December 12th. Finally, CIBC cut their price objective on Stella-Jones from C$90.00 to C$89.00 in a report on Friday, November 7th. Four investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, Stella-Jones currently has a consensus rating of “Moderate Buy” and an average price target of C$95.71.

Stella-Jones Stock Down 0.6%

The stock has a market capitalization of C$4.84 billion, a price-to-earnings ratio of 14.42, a price-to-earnings-growth ratio of 2.40 and a beta of -0.24. The firm has a 50-day moving average of C$86.62 and a 200 day moving average of C$82.03. The company has a current ratio of 6.85, a quick ratio of 1.20 and a debt-to-equity ratio of 87.53.

Stella-Jones (TSE:SJ) last posted its quarterly earnings data on Wednesday, November 5th. The company reported C$1.59 earnings per share (EPS) for the quarter. The company had revenue of C$958.00 million for the quarter. Stella-Jones had a net margin of 9.43% and a return on equity of 18.36%. On average, sell-side analysts anticipate that Stella-Jones Inc. will post 6.4457565 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director Michelle Annette Banik acquired 472 shares of the firm’s stock in a transaction on Wednesday, November 12th. The stock was bought at an average cost of C$84.60 per share, with a total value of C$39,931.20. Following the transaction, the director directly owned 472 shares in the company, valued at approximately C$39,931.20. This represents a ∞ increase in their position. 0.14% of the stock is currently owned by insiders.

About Stella-Jones

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.