Stella-Jones (TSE:SJ) Given a C$102.00 Price Target at Desjardins

Stella-Jones (TSE:SJ) received a C$102.00 price target from stock analysts at Desjardins in a research report issued to clients and investors on Friday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. Desjardins’ price objective suggests a potential upside of 16.24% from the company’s current price.

A number of other equities analysts also recently commented on SJ. Raymond James Financial set a C$100.00 price objective on Stella-Jones and gave the stock an “outperform” rating in a report on Thursday, November 20th. Scotiabank raised their price target on shares of Stella-Jones from C$81.00 to C$88.00 in a report on Friday, October 17th. Cibc World Mkts cut shares of Stella-Jones from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 21st. National Bankshares increased their price objective on shares of Stella-Jones from C$92.00 to C$95.00 and gave the stock an “outperform” rating in a research report on Thursday, October 9th. Finally, CIBC reduced their target price on shares of Stella-Jones from C$90.00 to C$89.00 in a report on Friday, November 7th. Four analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, Stella-Jones has an average rating of “Moderate Buy” and a consensus price target of C$94.00.

Stella-Jones Trading Up 2.2%

Shares of SJ traded up C$1.86 during mid-day trading on Friday, reaching C$87.75. The company had a trading volume of 59,299 shares, compared to its average volume of 111,415. Stella-Jones has a fifty-two week low of C$62.26 and a fifty-two week high of C$88.00. The firm has a fifty day simple moving average of C$82.40 and a 200-day simple moving average of C$79.70. The stock has a market cap of C$4.82 billion, a price-to-earnings ratio of 14.36, a price-to-earnings-growth ratio of 2.40 and a beta of -0.22. The company has a current ratio of 6.85, a quick ratio of 1.20 and a debt-to-equity ratio of 87.53.

Stella-Jones (TSE:SJ) last issued its earnings results on Wednesday, November 5th. The company reported C$1.59 earnings per share for the quarter. Stella-Jones had a return on equity of 18.36% and a net margin of 9.43%.The business had revenue of C$958.00 million for the quarter. On average, sell-side analysts anticipate that Stella-Jones will post 6.4457565 EPS for the current fiscal year.

Insider Transactions at Stella-Jones

In other Stella-Jones news, Director Michelle Annette Banik purchased 472 shares of Stella-Jones stock in a transaction on Wednesday, November 12th. The shares were acquired at an average cost of C$84.60 per share, for a total transaction of C$39,931.20. Following the completion of the transaction, the director directly owned 472 shares of the company’s stock, valued at approximately C$39,931.20. The trade was a ∞ increase in their ownership of the stock. 0.14% of the stock is currently owned by corporate insiders.

Stella-Jones Company Profile

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.