Stella-Jones (TSE:SJ) PT Raised to C$86.00

Stella-Jones (TSE:SJ) had its target price upped by stock analysts at CIBC from C$85.00 to C$86.00 in a note issued to investors on Thursday, BayStreet.CA reports. CIBC’s target price points to a potential upside of 7.73% from the stock’s current price.

Other research analysts have also recently issued research reports about the company. Desjardins cut their price target on Stella-Jones from C$94.00 to C$92.00 and set a “buy” rating on the stock in a research note on Friday, March 1st. Scotiabank cut their target price on Stella-Jones from C$89.00 to C$86.00 and set a “sector perform” rating on the stock in a research report on Friday, March 1st. Royal Bank of Canada raised their price target on shares of Stella-Jones from C$91.00 to C$94.00 and gave the stock an “outperform” rating in a research report on Friday, March 1st. TD Securities cut their price target on shares of Stella-Jones from C$96.00 to C$94.00 and set a “buy” rating on the stock in a report on Friday, March 1st. Finally, National Bankshares raised their price objective on shares of Stella-Jones from C$87.00 to C$89.00 and gave the stock an “outperform” rating in a report on Friday, March 1st. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of C$88.71.

Stella-Jones Trading Down 0.2 %

Shares of Stella-Jones stock traded down C$0.12 during trading hours on Thursday, hitting C$79.83. The company’s stock had a trading volume of 58,967 shares, compared to its average volume of 139,595. The company has a quick ratio of 1.20, a current ratio of 5.07 and a debt-to-equity ratio of 97.46. The company has a market capitalization of C$4.53 billion, a PE ratio of 14.22, a P/E/G ratio of 2.40 and a beta of 0.68. The business has a fifty day moving average of C$77.82 and a 200 day moving average of C$76.61. Stella-Jones has a 1-year low of C$52.07 and a 1-year high of C$85.77.

Stella-Jones (TSE:SJ) last issued its earnings results on Thursday, February 29th. The company reported C$0.98 earnings per share for the quarter, topping the consensus estimate of C$0.90 by C$0.08. The company had revenue of C$688.00 million during the quarter, compared to the consensus estimate of C$722.50 million. Stella-Jones had a return on equity of 20.32% and a net margin of 9.82%. As a group, equities analysts forecast that Stella-Jones will post 5.7146953 EPS for the current year.

Insiders Place Their Bets

In other Stella-Jones news, Director Kevin Patrick Comerford purchased 1,300 shares of the business’s stock in a transaction dated Tuesday, March 5th. The shares were acquired at an average price of C$53.39 per share, for a total transaction of C$69,407.00. In other Stella-Jones news, Director Kevin Patrick Comerford acquired 1,300 shares of the company’s stock in a transaction dated Tuesday, March 5th. The shares were acquired at an average cost of C$53.39 per share, for a total transaction of C$69,407.00. Also, Director Simon Pelletier purchased 2,000 shares of the business’s stock in a transaction dated Wednesday, March 13th. The shares were acquired at an average price of C$73.15 per share, with a total value of C$146,290.00. Insiders have bought a total of 3,800 shares of company stock valued at $251,922 in the last three months. Insiders own 0.14% of the company’s stock.

Stella-Jones Company Profile

Stella-Jones Inc produces and sells pressure-treated wood products in Canada and the United States. It operates through two segments, Pressure-Treated Wood; and Logs and Lumber. The company offers railway ties and timbers for short line and commercial railroad operators; and wood utility poles for electrical utilities and telecommunication companies.