Stella-Jones Inc. (TSE:SJ) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Stella-Jones Inc. (TSE:SJ) have been assigned an average recommendation of “Moderate Buy” from the seven ratings firms that are covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is C$101.29.

SJ has been the subject of a number of recent analyst reports. TD Securities raised their price objective on Stella-Jones from C$97.00 to C$107.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. National Bank Financial increased their target price on shares of Stella-Jones from C$95.00 to C$107.00 and gave the stock an “outperform” rating in a research note on Monday, December 15th. Canadian Imperial Bank of Commerce lifted their price target on shares of Stella-Jones from C$90.00 to C$100.00 in a research report on Friday, February 6th. Desjardins set a C$102.00 price target on shares of Stella-Jones and gave the company a “buy” rating in a research note on Friday, December 12th. Finally, Royal Bank Of Canada upped their price objective on shares of Stella-Jones from C$89.00 to C$95.00 in a report on Friday, February 27th.

Stella-Jones Trading Down 1.6%

Shares of Stella-Jones stock opened at C$88.63 on Friday. The firm has a market capitalization of C$4.84 billion, a price-to-earnings ratio of 14.51, a PEG ratio of 2.40 and a beta of -0.20. Stella-Jones has a fifty-two week low of C$62.26 and a fifty-two week high of C$101.31. The company has a debt-to-equity ratio of 92.30, a quick ratio of 1.20 and a current ratio of 7.40. The stock has a 50 day moving average of C$94.05 and a 200 day moving average of C$86.47.

Stella-Jones (TSE:SJ) last posted its earnings results on Thursday, February 26th. The company reported C$0.91 earnings per share (EPS) for the quarter. Stella-Jones had a return on equity of 16.67% and a net margin of 9.65%.The company had revenue of C$727.00 million during the quarter. As a group, research analysts predict that Stella-Jones will post 6.4457565 earnings per share for the current year.

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.