Stella-Jones Inc. (TSE:SJ - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the six ratings firms that are covering the company, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is C$88.00.
A number of brokerages recently issued reports on SJ. TD Securities decreased their price target 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. CIBC decreased their price target on Stella-Jones from C$99.00 to C$83.00 in a research note on Thursday, November 7th. Royal Bank of Canada decreased their price target on Stella-Jones from C$97.00 to C$81.00 in a research note on Thursday, November 7th. National Bankshares raised their price target 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, Scotiabank decreased their target price on Stella-Jones from C$95.00 to C$85.00 in a research report on Thursday, November 7th.
Check Out Our Latest Stock Report on SJ
Stella-Jones Price Performance
Shares of SJ traded down C$0.68 during mid-day trading on Wednesday, hitting C$70.04. 295,416 shares of the stock were exchanged, compared to its average volume of 142,319. The company has a market cap of C$3.95 billion, a PE ratio of 11.32, a price-to-earnings-growth ratio of 2.40 and a beta of 0.64. Stella-Jones has a 52-week low of C$69.15 and a 52-week high of C$98.00. The firm has a 50-day moving average of C$87.85 and a two-hundred day moving average of C$87.50. The company has a debt-to-equity ratio of 93.08, a quick ratio of 1.20 and a current ratio of 6.57.
Stella-Jones Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, December 20th. Stockholders of record on Monday, December 2nd will be issued a $0.28 dividend. The ex-dividend date of this dividend is Monday, December 2nd. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.60%. Stella-Jones's payout ratio is 18.09%.
Insider Activity
In other news, Director Rhodri Harries acquired 5,000 shares of the company's stock in a transaction on Tuesday, November 12th. The shares were bought at an average cost of C$70.50 per share, with a total value of C$352,500.00. Corporate insiders own 0.14% of the company's stock.
About Stella-Jones
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Get Free ReportStella-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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