Stella-Jones (TSE:SJ) Price Target Raised to C$92.00

Stella-Jones (TSE:SJ) had its target price raised by Desjardins from C$89.00 to C$92.00 in a research report released on Wednesday morning,BayStreet.CA reports. They currently have a buy rating on the stock. Desjardins also issued estimates for Stella-Jones’ FY2026 earnings at $6.21 EPS and FY2027 earnings at $6.62 EPS.

A number of other equities research analysts have also weighed in on SJ. National Bankshares dropped their price objective on shares of Stella-Jones from C$93.00 to C$92.00 and set an “outperform” rating on the stock in a report on Friday, August 8th. Royal Bank Of Canada dropped their price objective on shares of Stella-Jones from C$82.00 to C$78.00 and set a “sector perform” rating on the stock in a report on Friday, August 8th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Stella-Jones presently has an average rating of “Buy” and an average target price of C$86.83.

Stella-Jones Price Performance

Shares of SJ opened at C$81.28 on Wednesday. The firm has a market capitalization of C$4.49 billion, a PE ratio of 13.68, a price-to-earnings-growth ratio of 2.40 and a beta of 0.00. The company has a debt-to-equity ratio of 87.53, a current ratio of 6.85 and a quick ratio of 1.20. Stella-Jones has a 1-year low of C$62.26 and a 1-year high of C$94.74. The company’s fifty day moving average price is C$78.34 and its 200-day moving average price is C$75.00.

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.