Stella-Jones (TSE:SJ) Hits New 1-Year Low - Here's Why

Stella-Jones Inc. (TSE:SJ - Get Free Report)'s share price hit a new 52-week low on Monday . The stock traded as low as C$65.13 and last traded at C$69.92, with a volume of 41620 shares trading hands. The stock had previously closed at C$70.13.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on SJ shares. Cibc World Mkts raised Stella-Jones from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, January 14th. TD Securities decreased their target price 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. Scotiabank dropped their price target on Stella-Jones from C$95.00 to C$85.00 in a research report on Thursday, November 7th. CIBC upgraded Stella-Jones from a "neutral" rating to an "outperform" rating and raised their price objective for the stock from C$83.00 to C$86.00 in a research report on Wednesday, January 15th. Finally, Royal Bank of Canada dropped their target price on Stella-Jones from C$97.00 to C$81.00 in a report on Thursday, November 7th. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, Stella-Jones currently has a consensus rating of "Moderate Buy" and an average price target of C$88.50.

Stella-Jones Stock Performance

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 fifty day simple moving average of C$71.21 and a 200-day simple moving average of C$81.54. The company has a market capitalization of C$3.90 billion, a P/E ratio of 11.17, a PEG ratio of 2.40 and a beta of 0.64.

Stella-Jones (TSE:SJ - Get Free Report) last released its quarterly earnings results on Wednesday, November 6th. The company reported C$1.42 EPS for the quarter, missing analysts' consensus estimates of C$1.70 by C($0.28). Stella-Jones had a net margin of 10.20% and a return on equity of 20.64%. During the same quarter last year, the business earned $1.91 earnings per share. Equities analysts forecast that Stella-Jones Inc. will post 6.4457565 EPS for the current year.

Insider Transactions at Stella-Jones

In other Stella-Jones news, Director Patrick Kirkham acquired 2,035 shares of the company's stock in a transaction that occurred on Thursday, December 19th. The shares were acquired at an average price of C$70.36 per share, with a total value of C$143,179.34. Also, Director Rhodri Harries purchased 5,000 shares of the company's stock in a transaction dated Tuesday, November 12th. The shares were acquired at an average cost of C$70.50 per share, for a total transaction of C$352,500.00. Insiders acquired a total of 12,785 shares of company stock worth $896,221 in the last quarter. 0.14% of the stock is owned by company insiders.

About Stella-Jones

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.