Stella-Jones (TSE:SJ – Get Free Report) had its price objective dropped by analysts at Raymond James Financial from C$83.00 to C$80.00 in a research note issued on Thursday, BayStreet reports. The brokerage currently has an “outperform” rating on the stock. Raymond James Financial‘s price target would suggest a potential upside of 21.49% from the stock’s current price.
Other equities analysts have also issued research reports about the stock. Royal Bank Of Canada decreased their price target on shares of Stella-Jones from C$79.00 to C$76.00 in a report on Wednesday, September 30th. Desjardins dropped their price objective on shares of Stella-Jones from C$99.00 to C$77.00 and set a “buy” rating for the company in a report on Thursday. National Bank Financial cut their target price on shares of Stella-Jones from C$92.00 to C$80.00 and set a “sector perform” rating for the company in a research report on Thursday. Scotiabank cut their target price on shares of Stella-Jones from C$79.00 to C$76.00 and set a “sector outperform” rating for the company in a research report on Thursday. Finally, Canadian Imperial Bank of Commerce lowered their price target on Stella-Jones from C$87.00 to C$82.00 in a research report on Thursday, July 9th. Five analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$81.62.
Check Out Our Latest Analysis on Stella-Jones
Stella-Jones Price Performance
Shares of TSE SJ traded up C$0.84 during midday trading on Thursday, hitting C$65.85. 197,386 shares of the company’s stock were exchanged, compared to its average volume of 172,112. The company has a current ratio of 4.86, a quick ratio of 1.20 and a debt-to-equity ratio of 70.31. The business’s fifty day moving average price is C$67.10 and its two-hundred day moving average price is C$79.86. The company has a market cap of C$3.59 billion, a price-to-earnings ratio of 13.95, a PEG ratio of 2.40 and a beta of 0.06. Stella-Jones has a 12-month low of C$58.37 and a 12-month high of C$101.31.
Stella-Jones (TSE:SJ – Get Free Report) last announced its earnings results on Wednesday, November 4th. The company reported C$1.39 earnings per share for the quarter. The business had revenue of C$979.00 million for the quarter. Stella-Jones had a net margin of 6.27% and a return on equity of 10.40%. As a group, research analysts forecast that Stella-Jones will post 6.45 EPS for the current fiscal year.
Trending Headlines about Stella-Jones
Here are the key news stories impacting Stella-Jones this week:
- Positive Sentiment: Management outlined up to $100 million in cost savings over three years and is targeting a full operating run rate at its Candiac facility by the end of Q1 2027. If achieved, the savings could improve margins. Article: Stella-Jones outlines up to $100M in 3-year cost savings
- Positive Sentiment: A recent analysis argues Stella-Jones shares look undervalued based on cash flow, which may appeal to investors focused on valuation. Article: Stella Jones Stock Looks Below Fair Value On Cash Flow
- Neutral Sentiment: Third-quarter sales rose, but adjusted earnings fell. The company also announced a normal-course issuer bid; the earnings trend is a concern, while the buyback could provide some support depending on its execution. Article: Stella-Jones Q3 adjusted earnings fall, sales rise; announces normal course issuer bid
- Negative Sentiment: Several firms cut their price targets, signaling more cautious expectations. Raymond James lowered its target to C$80, Desjardins to C$77, Scotiabank to C$76, TD to C$81, RBC to C$70, and National Bank Financial to C$80. Their ratings remain at outperform, buy, or sector perform, but the target reductions are a near-term sentiment headwind. Read More., Read More., Read More., Read More., Read More., Read More..
Stella-Jones Company Profile
Stella-Jones Inc (TSX: SJ) is a leading North American manufacturer of products focused on supporting infrastructure essential to the electrical distribution and transmission network, and the operation and maintenance of railway transportation systems. It supplies the continent’s major electrical utility companies with treated wood poles and crossarms, steel lattice towers and steel transmission poles, as well as North America’s Class 1, short line and commercial railroad operators with treated wood railway ties.
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