Stella-Jones Inc. (TSE:SJ) Receives Average Recommendation of "Moderate Buy" from Brokerages

Shares of Stella-Jones Inc. (TSE:SJ - Get Free Report) have received a consensus rating of "Moderate Buy" from the six analysts that are covering the firm, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is C$88.00.

Several analysts have issued reports on the stock. CIBC lowered their target price on shares of Stella-Jones from C$99.00 to C$83.00 in a research note on Thursday, November 7th. Royal Bank of Canada lowered their price objective on Stella-Jones from C$97.00 to C$81.00 in a research report on Thursday, November 7th. TD Securities dropped 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 note on Thursday, November 7th. Finally, Scotiabank decreased their target price on Stella-Jones from C$95.00 to C$85.00 in a research note on Thursday, November 7th.

Insider Buying and Selling at Stella-Jones

In related news, Director Patrick Kirkham purchased 2,035 shares of Stella-Jones stock in a transaction that occurred on Thursday, December 19th. The shares were bought at an average price of C$70.36 per share, for a total transaction of C$143,179.34. Also, Senior Officer Richard Cuddihy acquired 500 shares of the business's stock in a transaction on Wednesday, November 13th. The shares were purchased at an average cost of C$70.85 per share, for a total transaction of C$35,424.00. Insiders acquired 12,785 shares of company stock valued at $896,221 in the last 90 days. Insiders own 0.14% of the company's stock.

Stella-Jones Stock Performance

SJ traded up C$1.80 on Thursday, hitting C$72.99. The company's stock had a trading volume of 108,684 shares, compared to its average volume of 149,230. Stella-Jones has a 12 month low of C$67.13 and a 12 month high of C$98.00. The firm has a market cap of C$4.11 billion, a P/E ratio of 11.79, a price-to-earnings-growth 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. The company's 50 day simple moving average is C$74.07 and its 200-day simple moving average is C$84.82.

Stella-Jones Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 20th. Stockholders of record on Monday, December 2nd were paid a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a dividend yield of 1.53%. The ex-dividend date of this dividend was Monday, December 2nd. Stella-Jones's dividend payout ratio (DPR) is 18.09%.

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.