Stella-Jones (OTCMKTS:STLJF) Shares Gap Up – What’s Next?

Stella-Jones Inc. (OTCMKTS:STLJF)’s share price gapped up before the market opened on Tuesday . The stock had previously closed at $53.75, but opened at $56.23. Stella-Jones shares last traded at $56.23, with a volume of 101 shares trading hands.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. Canadian Imperial Bank of Commerce reissued a “neutral” rating on shares of Stella-Jones in a research note on Thursday, July 9th. Desjardins reissued a “buy” rating on shares of Stella-Jones in a research note on Thursday, May 7th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Stella-Jones Stock Performance

The company has a market capitalization of $3.07 billion and a P/E ratio of 38.25. The business has a 50 day moving average price of $55.99 and a 200 day moving average price of $61.90. The company has a current ratio of 4.96, a quick ratio of 1.11 and a debt-to-equity ratio of 0.60.

Stella-Jones (OTCMKTS:STLJF) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.82 earnings per share for the quarter, missing the consensus estimate of $0.84 by ($0.02). Stella-Jones had a return on equity of 14.92% and a net margin of 8.66%.The firm had revenue of $568.67 million for the quarter, compared to the consensus estimate of $583.30 million.

About Stella-Jones

Stella-Jones Inc is a North American producer and distributor of pressure-treated wood products used in infrastructure, utility and residential applications. The company’s core offerings include treated railroad ties, utility poles, crossarms, landscape timbers and posts designed to withstand environmental stresses and extend service life. These products support a range of end markets from railways and power transmission to fencing and outdoor construction.

Founded in 1970 and headquartered in Montreal, Canada, Stella-Jones has grown through both organic expansion and targeted acquisitions to establish a network of manufacturing and treatment facilities across Canada and the United States.