Stella-Jones (TSE:SJ - Get Free Report) had its price target lowered by research analysts at CIBC from C$99.00 to C$83.00 in a research note issued on Thursday,BayStreet.CA reports. CIBC's target price would indicate a potential upside of 11.77% from the company's previous close.
Other equities analysts also recently issued research reports about the stock. Scotiabank dropped their price objective on shares of Stella-Jones from C$95.00 to C$85.00 in a report on Thursday. Royal Bank of Canada dropped their price target on shares of Stella-Jones from C$97.00 to C$81.00 in a research note on Thursday. National Bankshares upped their price objective on Stella-Jones from C$91.00 to C$99.00 and gave the stock an "outperform" rating in a research note on Tuesday, July 16th. Finally, TD Securities raised their target price on Stella-Jones from C$98.00 to C$103.00 and gave the stock a "buy" rating in a report on Thursday, August 8th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of C$88.00.
Check Out Our Latest Stock Analysis on SJ
Stella-Jones Stock Performance
SJ traded down C$1.11 during mid-day trading on Thursday, reaching C$74.26. 388,398 shares of the company traded hands, compared to its average volume of 138,811. The company's fifty day moving average price is C$89.52 and its 200-day moving average price is C$87.72. The stock has a market capitalization of C$4.18 billion, a P/E ratio of 12.00, a P/E/G ratio of 2.40 and a beta of 0.64. The company has a quick ratio of 1.20, a current ratio of 6.57 and a debt-to-equity ratio of 93.08. Stella-Jones has a 52-week low of C$71.41 and a 52-week high of C$98.00.
Stella-Jones (TSE:SJ - Get Free Report) last posted its earnings results on Wednesday, August 7th. The company reported C$1.94 earnings per share for the quarter, missing analysts' consensus estimates of C$1.96 by C($0.02). The firm had revenue of C$1.05 billion during the quarter, compared to the consensus estimate of C$1.07 billion. Stella-Jones had a net margin of 10.20% and a return on equity of 20.64%. On average, sell-side analysts expect that Stella-Jones will post 6.4457565 EPS for the current year.
Insider Buying and Selling
In related news, Director James Augustus Manzi sold 5,000 shares of the stock in a transaction dated Friday, September 13th. The stock was sold at an average price of C$92.92, for a total transaction of C$464,583.48. 0.14% of the stock is currently owned by insiders.
Stella-Jones Company Profile
(
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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.
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