Stella-Jones Inc. (TSE:SJ - Get Free Report) Director Patrick Kirkham bought 2,035 shares of the firm's stock in a transaction that occurred on Thursday, December 19th. The stock was purchased at an average price of C$70.36 per share, with a total value of C$143,179.34.
Stella-Jones Price Performance
Shares of TSE SJ traded up C$0.50 during midday trading on Friday, hitting C$70.73. The stock had a trading volume of 271,234 shares, compared to its average volume of 150,813. The company has a quick ratio of 1.20, a current ratio of 6.57 and a debt-to-equity ratio of 93.08. The stock has a 50 day simple moving average of C$77.76 and a 200-day simple moving average of C$85.81. The company has a market capitalization of C$3.99 billion, a PE ratio of 11.43, a P/E/G ratio of 2.40 and a beta of 0.64. Stella-Jones Inc. has a 1 year low of C$67.13 and a 1 year high of C$98.00.
Stella-Jones Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 20th. Shareholders of record on Monday, December 2nd will be issued a $0.28 dividend. The ex-dividend date is Monday, December 2nd. This represents a $1.12 dividend on an annualized basis and a yield of 1.58%. Stella-Jones's payout ratio is currently 18.09%.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on SJ. Scotiabank reduced their price target on Stella-Jones from C$95.00 to C$85.00 in a report on Thursday, November 7th. TD Securities cut their price objective on Stella-Jones from C$103.00 to C$88.00 and set a "buy" rating for the company in a research report on Thursday, November 7th. Royal Bank of Canada decreased their target price on Stella-Jones from C$97.00 to C$81.00 in a research report on Thursday, November 7th. Finally, CIBC dropped their price target on shares of Stella-Jones from C$99.00 to C$83.00 in a research note on Thursday, November 7th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of C$88.00.
Check Out Our Latest Research Report on SJ
Stella-Jones Company Profile
(
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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.
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