Stella-Jones (TSE:SJ – Get Free Report) had its price objective decreased by research analysts at TD from C$93.00 to C$81.00 in a research report issued on Thursday, BayStreet reports. The firm currently has a “buy” rating on the stock. TD‘s price objective suggests a potential upside of 26.98% from the stock’s previous close.
Several other research analysts have also commented on the company. Canadian Imperial Bank of Commerce dropped their price target on Stella-Jones from C$87.00 to C$82.00 in a research report on Thursday, July 9th. National Bank Financial decreased their price objective on Stella-Jones from C$92.00 to C$80.00 and set a “sector perform” rating on the stock in a research report on Thursday. Desjardins decreased their price objective on Stella-Jones from C$104.00 to C$99.00 and set a “buy” rating on the stock in a research report on Friday, August 7th. Royal Bank Of Canada lowered their price objective on Stella-Jones from C$79.00 to C$76.00 in a research note on Wednesday, September 30th. Finally, Raymond James Financial dropped their target price on Stella-Jones from C$90.00 to C$83.00 and set an “outperform” rating for the company in a report on Friday, August 7th. Five research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Stella-Jones presently has a consensus rating of “Moderate Buy” and a consensus target price of C$81.62.
Check Out Our Latest Stock Analysis on Stella-Jones
Stella-Jones Price Performance
SJ stock traded up C$1.87 during trading on Thursday, hitting C$63.79. 215,202 shares of the company’s stock traded hands, compared to its average volume of 171,178. Stella-Jones has a 52 week low of C$58.37 and a 52 week high of C$101.31. The stock has a market capitalization of C$3.48 billion, a price-to-earnings ratio of 13.51, a P/E/G ratio of 2.40 and a beta of -0.12. The business has a fifty day simple moving average of C$67.27 and a 200 day simple moving average of C$80.09. The company has a debt-to-equity ratio of 75.40, a quick ratio of 1.20 and a current ratio of 5.25.
Stella-Jones (TSE:SJ – Get Free Report) last posted its earnings results on Wednesday, November 4th. The company reported C$1.39 earnings per share for the quarter. The firm had revenue of C$979.00 million for the quarter. Stella-Jones had a net margin of 7.36% and a return on equity of 12.35%. As a group, research analysts expect that Stella-Jones will post 6.45 EPS for the current fiscal year.
About Stella-Jones
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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