Insider Buying: Stella-Jones (TSE:SJ) Insider Purchases C$15,038.00 in Stock

Stella-Jones Inc. (TSE:SJGet Free Report) insider Marco Albanesi bought 206 shares of Stella-Jones stock in a transaction on Tuesday, May 12th. The shares were purchased at an average cost of C$73.00 per share, with a total value of C$15,038.00. Following the completion of the purchase, the insider directly owned 826 shares in the company, valued at C$60,298. This trade represents a 33.23% increase in their ownership of the stock.

Stella-Jones Price Performance

Shares of TSE:SJ opened at C$73.56 on Friday. The firm’s 50 day moving average is C$87.69 and its two-hundred day moving average is C$88.03. The firm has a market capitalization of C$4.01 billion, a P/E ratio of 13.33, a PEG ratio of 2.40 and a beta of -0.15. The company has a current ratio of 4.96, a quick ratio of 1.20 and a debt-to-equity ratio of 80.71. Stella-Jones Inc. has a 52 week low of C$69.94 and a 52 week high of C$101.31.

Stella-Jones (TSE:SJGet Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The company reported C$1.12 earnings per share (EPS) for the quarter. Stella-Jones had a return on equity of 14.85% and a net margin of 8.66%.The business had revenue of C$791.00 million during the quarter. Analysts anticipate that Stella-Jones Inc. will post 6.4457565 earnings per share for the current year.

Analysts Set New Price Targets

SJ has been the subject of several recent analyst reports. Raymond James Financial decreased their price target on Stella-Jones from C$100.00 to C$95.00 and set an “outperform” rating for the company in a research note on Thursday, May 7th. Scotiabank reduced their price objective on shares of Stella-Jones from C$99.00 to C$97.00 and set a “sector outperform” rating for the company in a report on Tuesday, April 28th. Desjardins decreased their target price on shares of Stella-Jones from C$107.00 to C$104.00 and set a “buy” rating for the company in a research report on Thursday, May 7th. National Bank Financial cut shares of Stella-Jones from an “outperform” rating to a “hold” rating and lowered their target price for the company from C$107.00 to C$95.00 in a research note on Wednesday, April 8th. Finally, Royal Bank Of Canada dropped their price target 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. Five analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of C$95.38.

Get Our Latest Analysis on Stella-Jones

Stella-Jones Company Profile

(Get Free Report)

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.

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