Stella-Jones Inc. (TSE:SJ) Receives C$88.00 Average Price Target from Brokerages

Shares of Stella-Jones Inc. (TSE:SJ - Get Free Report) have received an average rating of "Moderate Buy" from the six research firms that are covering the company, MarketBeat reports. Three investment analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is C$88.00.

SJ has been the subject of a number of recent analyst reports. Royal Bank of Canada decreased their price target on Stella-Jones from C$97.00 to C$81.00 in a report on Thursday, November 7th. Scotiabank cut their target price on Stella-Jones from C$95.00 to C$85.00 in a research report on Thursday, November 7th. CIBC cut their target price on Stella-Jones from C$99.00 to C$83.00 in a research report on Thursday, November 7th. Finally, TD Securities cut 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 report on Thursday, November 7th.

Stella-Jones Stock Performance

Shares of SJ stock traded up C$0.75 on Friday, hitting C$74.45. The company had a trading volume of 217,000 shares, compared to its average volume of 147,935. The firm has a market cap of C$4.20 billion, a P/E ratio of 12.03, a price-to-earnings-growth ratio of 2.40 and a beta of 0.64. Stella-Jones has a twelve month low of C$67.13 and a twelve month high of C$98.00. 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 has a 50-day moving average price of C$81.19 and a 200-day moving average price of C$86.54.

Stella-Jones Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 20th. Stockholders of record on Monday, December 2nd will be paid a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.50%. The ex-dividend date is Monday, December 2nd. Stella-Jones's dividend payout ratio is presently 18.09%.

Insider Buying and Selling at Stella-Jones

In other news, Senior Officer Richard Cuddihy bought 500 shares of Stella-Jones stock in a transaction dated Wednesday, November 13th. The stock was purchased at an average price of C$70.85 per share, for a total transaction of C$35,424.00. Also, Director James Augustus Manzi sold 5,000 shares of the stock in a transaction dated Friday, September 13th. The shares were sold at an average price of C$92.92, for a total transaction of C$464,583.48. Insiders have bought a total of 10,750 shares of company stock valued at $753,042 in the last ninety days. 0.14% of the stock is currently owned by company insiders.

Stella-Jones Company Profile

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.