Stella-Jones Inc. (TSE:SJ) Receives C$99.29 Consensus PT from Brokerages

Stella-Jones Inc. (TSE:SJ) has been assigned an average rating of “Moderate Buy” from the seven ratings firms that are currently covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is C$99.29.

A number of research analysts have recently issued reports on SJ shares. Royal Bank Of Canada cut their price target on Stella-Jones from C$95.00 to C$93.00 and set a “sector perform” rating on the stock in a report on Monday, April 13th. Scotiabank upgraded Stella-Jones from a “hold” rating to an “outperform” rating and lifted their price target for the company from C$88.00 to C$98.00 in a report on Thursday, January 29th. TD Securities lifted their price target on Stella-Jones from C$97.00 to C$107.00 and gave the company a “buy” rating in a report on Monday, March 2nd. National Bank Financial downgraded Stella-Jones from an “outperform” rating to a “hold” rating and cut their price target for the company from C$107.00 to C$95.00 in a report on Wednesday, April 8th. Finally, Canadian Imperial Bank of Commerce lifted their price target on Stella-Jones from C$90.00 to C$100.00 in a report on Friday, February 6th.

Stella-Jones Trading Down 0.5%

Shares of TSE:SJ opened at C$82.90 on Wednesday. Stella-Jones has a 12-month low of C$66.25 and a 12-month high of C$101.31. The business’s fifty day simple moving average is C$92.90 and its 200-day simple moving average is C$88.16. The company has a market capitalization of C$4.53 billion, a PE ratio of 13.61, a P/E/G ratio of 2.40 and a beta of -0.11. The company has a current ratio of 7.40, a quick ratio of 1.20 and a debt-to-equity ratio of 92.30.

Stella-Jones (TSE:SJ) last announced its quarterly 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 business had revenue of C$727.00 million for the quarter. As a group, equities research analysts predict that Stella-Jones will post 6.4457565 earnings per share for the current fiscal 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.