Stella-Jones (TSE:SJ - Get Free Report) had its price target decreased by equities research analysts at Scotiabank from C$95.00 to C$85.00 in a research report issued on Thursday,BayStreet.CA reports. Scotiabank's target price would suggest a potential upside of 14.46% from the company's current price.
A number of other research firms also recently commented on SJ. National Bankshares lifted their target price on Stella-Jones from C$91.00 to C$99.00 and gave the stock an "outperform" rating in a report on Tuesday, July 16th. Royal Bank of Canada upped their price objective on shares of Stella-Jones from C$94.00 to C$97.00 in a report on Wednesday, October 9th. CIBC raised their target price on shares of Stella-Jones from C$94.00 to C$97.00 in a report on Thursday, August 8th. Finally, TD Securities boosted their target price on shares of Stella-Jones from C$98.00 to C$103.00 and gave the company a "buy" rating in a research report on Thursday, August 8th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of C$88.00.
Check Out Our Latest Stock Report on SJ
Stella-Jones Stock Performance
Shares of TSE SJ traded down C$1.11 during midday trading on Thursday, reaching C$74.26. The company had a trading volume of 388,398 shares, compared to its average volume of 138,811. Stella-Jones has a 1 year low of C$71.41 and a 1 year high of C$98.00. The business's 50-day simple moving average is C$89.52 and its 200 day simple moving average is C$87.72. The company has a current ratio of 6.57, a quick ratio of 1.20 and a debt-to-equity ratio of 93.08. The stock has a market cap of C$4.18 billion, a P/E ratio of 12.00, a P/E/G ratio of 2.40 and a beta of 0.64.
Stella-Jones (TSE:SJ - Get Free Report) last issued its earnings results on Wednesday, August 7th. The company reported C$1.94 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of C$1.96 by C($0.02). The firm had revenue of C$1.05 billion during the quarter, compared to analysts' expectations of C$1.07 billion. Stella-Jones had a return on equity of 20.64% and a net margin of 10.20%. On average, analysts forecast that Stella-Jones will post 6.4457565 earnings per share for the current fiscal year.
Insider Activity at Stella-Jones
In related news, Director James Augustus Manzi sold 5,000 shares of Stella-Jones stock in a transaction dated Friday, September 13th. The stock was sold at an average price of C$92.92, for a total value of C$464,583.48. 0.14% of the stock is owned by company insiders.
Stella-Jones Company Profile
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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.
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