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

Stella-Jones Inc. (TSE:SJ) has been given an average recommendation of “Moderate Buy” by the eight brokerages that are covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 1-year price target among brokers that have covered the stock in the last year is C$95.38.

A number of research firms recently weighed in on SJ. Canadian Imperial Bank of Commerce lowered their price objective on shares of Stella-Jones from C$96.00 to C$87.00 in a research report on Thursday, May 7th. TD lowered their price objective on shares of Stella-Jones from C$106.00 to C$93.00 and set a “buy” rating on the stock in a research report on Monday, May 11th. National Bank Financial lowered shares of Stella-Jones from an “outperform” rating to a “hold” rating and decreased their target price for the stock from C$107.00 to C$95.00 in a research report on Wednesday, April 8th. Royal Bank Of Canada decreased their target price on shares of Stella-Jones from C$93.00 to C$85.00 and set a “sector perform” rating on the stock in a research report on Thursday, May 7th. Finally, Scotiabank decreased their target price on shares of Stella-Jones from C$99.00 to C$97.00 and set a “sector outperform” rating on the stock in a research report on Tuesday, April 28th.

Stella-Jones Stock Performance

TSE:SJ opened at C$82.05 on Monday. The firm’s fifty day moving average price is C$79.28 and its 200 day moving average price is C$87.09. Stella-Jones has a 1-year low of C$69.94 and a 1-year high of C$101.31. The company has a debt-to-equity ratio of 80.71, a current ratio of 4.96 and a quick ratio of 1.20. The firm has a market cap of C$4.48 billion, a price-to-earnings ratio of 14.86, a price-to-earnings-growth ratio of 2.40 and a beta of 0.00.

Stella-Jones (TSE:SJ) last posted its quarterly earnings data on Wednesday, May 6th. The company reported C$1.12 earnings per share for the quarter. Stella-Jones had a net margin of 8.66% and a return on equity of 14.85%. The firm had revenue of C$791.00 million for the quarter. On average, sell-side analysts expect that Stella-Jones will post 6.4457565 EPS for the current year.

Insiders Place Their Bets

In related news, Director Anne Elizabeth Giardini bought 1,000 shares of the firm’s stock in a transaction on Monday, May 11th. The shares were bought at an average cost of C$71.25 per share, for a total transaction of C$71,250.00. Following the transaction, the director owned 3,400 shares of the company’s stock, valued at approximately C$242,250. This trade represents a 41.67% increase in their ownership of the stock. Also, Director Kenner James bought 937 shares of the firm’s stock in a transaction on Tuesday, May 12th. The shares were bought at an average price of C$73.22 per share, for a total transaction of C$68,607.14. Following the completion of the transaction, the director directly owned 1,834 shares in the company, valued at approximately C$134,285.48. This represents a 104.46% increase in their position. In the last ninety days, insiders have purchased 3,443 shares of company stock worth $247,814. Corporate insiders own 0.14% of the company’s stock.

Stella-Jones Company Profile

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.