Stella-Jones (TSE:SJ) Sets New 12-Month Low – Should You Sell?

Stella-Jones Inc. (TSE:SJ)’s stock price reached a new 52-week low during mid-day trading on Wednesday. The company traded as low as C$64.39 and last traded at C$64.88, with a volume of 128517 shares traded. The stock had previously closed at C$65.66.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on SJ shares. Raymond James Financial cut their target price on Stella-Jones from C$90.00 to C$83.00 and set an “outperform” rating on the stock in a research note on Friday, August 7th. Scotiabank decreased their price target on shares of Stella-Jones from C$93.00 to C$85.00 and set a “sector outperform” rating for the company in a research note on Wednesday, August 12th. Royal Bank Of Canada lowered their price objective on shares of Stella-Jones from C$79.00 to C$76.00 in a report on Wednesday, September 30th. Desjardins cut their price objective on shares of 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. Finally, National Bank Financial reduced their target price on shares of Stella-Jones from C$95.00 to C$92.00 and set a “sector perform” rating for the company in a report on Friday, August 7th. Five equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of C$89.62.

Stella-Jones Trading Up 2.2%

The firm has a market cap of C$3.58 billion, a price-to-earnings ratio of 13.92, a P/E/G ratio of 2.40 and a beta of -0.12. The company has a debt-to-equity ratio of 75.40, a current ratio of 5.25 and a quick ratio of 1.20. The business has a 50-day moving average of C$70.45 and a 200-day moving average of C$77.46.

Stella-Jones (TSE:SJ) last issued its quarterly earnings results on Thursday, August 6th. The company reported C$1.59 EPS for the quarter. The firm had revenue of C$1.04 billion during the quarter. Stella-Jones had a return on equity of 12.35% and a net margin of 7.36%. Research analysts anticipate that Stella-Jones Inc. will post 6.4457565 EPS for the current year.

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.