Stella-Jones (TSE:SJ) Reaches New 1-Year Low - Should You Sell?

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

Analyst Upgrades and Downgrades

Several equities research analysts have commented on SJ shares. Scotiabank lowered their price objective on Stella-Jones from C$95.00 to C$85.00 in a research report on Thursday, November 7th. Cibc World Mkts upgraded shares of Stella-Jones from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, January 14th. TD Securities lowered their price target on Stella-Jones from C$103.00 to C$88.00 and set a "buy" rating on the stock in a research note on Thursday, November 7th. CIBC raised shares of Stella-Jones from a "neutral" rating to an "outperform" rating and upped their price objective for the company from C$83.00 to C$86.00 in a research note on Wednesday, January 15th. Finally, Royal Bank of Canada dropped their price target on Stella-Jones from C$97.00 to C$81.00 in a research report on Thursday, November 7th. Two investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of C$88.50.

Stella-Jones Stock Down 1.8 %

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 market capitalization of C$3.86 billion, a PE ratio of 11.05, a price-to-earnings-growth ratio of 2.40 and a beta of 0.64. The firm has a 50-day moving average of C$71.31 and a two-hundred day moving average of C$81.80.

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

Insider Activity at Stella-Jones

In other Stella-Jones news, Director Patrick Kirkham purchased 2,035 shares of the stock in a transaction that occurred on Thursday, December 19th. The stock was purchased at an average cost 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 business's stock in a transaction that occurred on Tuesday, November 12th. The shares were bought at an average price of C$70.50 per share, for a total transaction of C$352,500.00. In the last 90 days, insiders have bought 12,785 shares of company stock worth $896,221. 0.14% of the stock is currently 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.