Stella-Jones Inc. (TSE:SJ) Stock Has Average Price Target of C$89.62

Key Points

• Analysts maintain a “Moderate Buy” consensus on Stella-Jones, with five buy ratings and two holds. The average 1-year price target is C$89.62.
• Several analysts recently lowered their price targets, including National Bank Financial to C$92, Scotiabank to C$85, and Raymond James to C$83, while maintaining generally neutral or positive ratings.
• The stock opened at C$66.99, near its 12-month low of C$63.58 and well below its 200-day moving average of C$80.43. Stella-Jones last reported quarterly EPS of C$1.59 on revenue of C$1.04 billion.

Stella-Jones Inc. (TSE:SJ - Get Free Report) has been given an average recommendation of "Moderate Buy" by the seven analysts that are presently covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is C$89.62.

A number of equities analysts recently commented on the company. National Bank Financial reduced their price objective on Stella-Jones from C$95.00 to C$92.00 and set a "sector perform" rating on the stock in a research report on Friday, August 7th. Royal Bank Of Canada lowered their price objective on Stella-Jones from C$79.00 to C$76.00 in a research note on Wednesday, September 30th. Scotiabank dropped their target price on Stella-Jones from C$93.00 to C$85.00 and set a "sector outperform" rating for the company in a report on Wednesday, August 12th. Canadian Imperial Bank of Commerce cut their target price on Stella-Jones from C$87.00 to C$82.00 in a research note on Thursday, July 9th. Finally, Raymond James Financial reduced their price target on Stella-Jones from C$90.00 to C$83.00 and set an "outperform" rating on the stock in a report on Friday, August 7th.

Stella-Jones Stock Down 1.3%

SJ stock opened at C$66.99 on Friday. The company has a market cap of C$3.66 billion, a price-to-earnings ratio of 14.19, a PEG ratio of 2.40 and a beta of -0.12. The company has a current ratio of 5.25, a quick ratio of 1.20 and a debt-to-equity ratio of 75.40. Stella-Jones has a 12 month low of C$63.58 and a 12 month high of C$101.31. The firm has a 50-day moving average of C$67.57 and a two-hundred day moving average of C$80.43.

Stella-Jones (TSE:SJ - Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported C$1.59 earnings per share for the quarter. The business had revenue of C$1.04 billion for the quarter. Stella-Jones had a return on equity of 12.35% and a net margin of 7.36%. As a group, analysts forecast that Stella-Jones will post 6.45 earnings per share for the current fiscal year.

Stella-Jones Company Profile

Stella-Jones Inc TSX: SJ is a leading North American manufacturer of products focused on supporting infrastructure essential to the electrical distribution and transmission network, and the operation and maintenance of railway transportation systems. It supplies the continent's major electrical utility companies with treated wood poles and crossarms, steel lattice towers and steel transmission poles, as well as North America's Class 1, short line and commercial railroad operators with treated wood railway ties.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.