FY2024 EPS Estimates for Stella-Jones Reduced by Analyst

Stella-Jones Inc. (TSE:SJ - Free Report) - Investment analysts at National Bank Financial decreased their FY2024 EPS estimates for Stella-Jones in a report issued on Wednesday, November 6th. National Bank Financial analyst M. Sytchev now expects that the company will earn $5.75 per share for the year, down from their prior forecast of $6.03. The consensus estimate for Stella-Jones' current full-year earnings is $6.45 per share. National Bank Financial also issued estimates for Stella-Jones' FY2025 earnings at $6.02 EPS.

Stella-Jones (TSE:SJ - Get Free Report) last released its quarterly earnings data on Wednesday, August 7th. The company reported C$1.94 earnings per share for the quarter, missing the consensus estimate of C$1.96 by C($0.02). Stella-Jones had a net margin of 10.20% and a return on equity of 20.64%. The firm had revenue of C$1.05 billion for the quarter, compared to analyst estimates of C$1.07 billion.

Several other analysts have also weighed in on the stock. National Bankshares lifted their price objective on shares of Stella-Jones from C$91.00 to C$99.00 and gave the company an "outperform" rating in a research note on Tuesday, July 16th. CIBC decreased their price target on Stella-Jones from C$99.00 to C$83.00 in a report on Thursday. Scotiabank lowered their target price on Stella-Jones from C$95.00 to C$85.00 in a research note on Thursday. Royal Bank of Canada lowered their price target on shares of Stella-Jones from C$97.00 to C$81.00 in a research report on Thursday. Finally, TD Securities decreased their target price on Stella-Jones from C$103.00 to C$88.00 and set a "buy" rating on the stock in a research note on Thursday. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, Stella-Jones presently has a consensus rating of "Moderate Buy" and a consensus target price of C$88.00.

Stella-Jones Trading Down 2.5 %

TSE SJ traded down C$1.89 during trading hours on Friday, reaching C$72.37. The company's stock had a trading volume of 358,766 shares, compared to its average volume of 139,825. Stella-Jones has a 52 week low of C$71.41 and a 52 week high of C$98.00. The company has a debt-to-equity ratio of 93.08, a current ratio of 6.57 and a quick ratio of 1.20. The stock has a market cap of C$4.08 billion, a P/E ratio of 12.00, a P/E/G ratio of 2.40 and a beta of 0.64. The firm has a fifty day simple moving average of C$89.52 and a 200-day simple moving average of C$87.72.

Insider Buying and Selling at Stella-Jones

In other news, Director James Augustus Manzi sold 5,000 shares of Stella-Jones stock in a transaction on Friday, September 13th. The shares were sold at an average price of C$92.92, for a total transaction of C$464,583.48. Corporate insiders own 0.14% of the company's stock.

Stella-Jones Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 20th. Shareholders of record on Monday, December 2nd will be given a $0.28 dividend. The ex-dividend date is Monday, December 2nd. This represents a $1.12 annualized dividend and a yield of 1.55%. Stella-Jones's payout ratio is 18.09%.

About Stella-Jones

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.