Scotiabank Brokers Boost Earnings Estimates for Stella-Jones

Stella-Jones Inc. (TSE:SJ) – Equities research analysts at Scotiabank boosted their FY2026 earnings per share estimates for shares of Stella-Jones in a report released on Thursday, October 22nd. Scotiabank analyst J. Goldman now anticipates that the company will post earnings per share of $5.16 for the year, up from their prior estimate of $5.15. Scotiabank has a “Sector Outperform” rating and a $85.00 price target on the stock. The consensus estimate for Stella-Jones’ current full-year earnings is $6.45 per share.

SJ has been the topic of a number of other reports. Raymond James Financial lowered their price objective on Stella-Jones from C$90.00 to C$83.00 and set an “outperform” rating on the stock in a research report on Friday, August 7th. Desjardins cut their price objective on Stella-Jones from C$104.00 to C$99.00 and set a “buy” rating for the company in a research note on Friday, August 7th. Canadian Imperial Bank of Commerce reduced their target price on shares of Stella-Jones from C$87.00 to C$82.00 in a report on Thursday, July 9th. National Bank Financial decreased their target price on shares of Stella-Jones from C$95.00 to C$92.00 and set a “sector perform” rating on the stock in a research note on Friday, August 7th. Finally, Royal Bank Of Canada decreased their target price on shares of Stella-Jones from C$79.00 to C$76.00 in a research note on Wednesday, September 30th. Five equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of C$89.62.

Stella-Jones Stock Performance

Shares of SJ opened at C$67.03 on Monday. The company has a quick ratio of 1.20, a current ratio of 5.25 and a debt-to-equity ratio of 75.40. The business has a 50-day simple moving average of C$67.86 and a two-hundred day simple moving average of C$80.75. The stock has a market cap of C$3.66 billion, a price-to-earnings ratio of 14.20, a PEG ratio of 2.40 and a beta of -0.12. Stella-Jones has a 52 week low of C$63.58 and a 52 week high of C$101.31.

Stella-Jones (TSE:SJ) last released its earnings results on Thursday, August 6th. The company reported C$1.59 earnings per share for the quarter. Stella-Jones had a return on equity of 12.35% and a net margin of 7.36%. The company had revenue of C$1.04 billion for the quarter.

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.