Stella-Jones (TSE:SJ) Director Buys 1,000 Shares

Stella-Jones Inc. (TSE:SJ) Director Anne Elizabeth Giardini purchased 1,000 shares of the stock in a transaction dated Monday, May 11th. The shares were acquired at an average cost of C$71.25 per share, for a total transaction of C$71,250.00. Following the completion of the acquisition, the director owned 3,400 shares of the company’s stock, valued at approximately C$242,250. This represents a 41.67% increase in their ownership of the stock.

Stella-Jones Stock Performance

Shares of TSE SJ traded up C$2.17 during trading on Tuesday, reaching C$74.24. 256,286 shares of the company traded hands, compared to its average volume of 143,931. The stock has a market capitalization of C$4.05 billion, a PE ratio of 13.45, a P/E/G ratio of 2.40 and a beta of -0.15. Stella-Jones Inc. has a 52-week low of C$69.94 and a 52-week high of C$101.31. The company has a quick ratio of 1.20, a current ratio of 4.96 and a debt-to-equity ratio of 80.71. The firm has a 50 day simple moving average of C$88.55 and a 200-day simple moving average of C$88.10.

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

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Desjardins lowered their price objective on Stella-Jones from C$107.00 to C$104.00 and set a “buy” rating on the stock in a research report on Thursday, May 7th. Canadian Imperial Bank of Commerce lowered their target price on shares of Stella-Jones from C$96.00 to C$87.00 in a research note on Thursday, May 7th. Royal Bank Of Canada lowered their price target on Stella-Jones from C$93.00 to C$85.00 and set a “sector perform” rating for the company in a research report on Thursday, May 7th. National Bank Financial downgraded Stella-Jones from an “outperform” rating to a “hold” rating and decreased their price target for the company from C$107.00 to C$95.00 in a report on Wednesday, April 8th. Finally, Raymond James Financial dropped their price objective on shares of Stella-Jones from C$100.00 to C$95.00 and set an “outperform” rating on the stock in a research note on Thursday, May 7th. Five research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, Stella-Jones currently has an average rating of “Moderate Buy” and an average price target of C$95.38.

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.