Stella-Jones Inc. (TSE:SJ) Stock Now Rated "Moderate Buy" by Sell-Side Brokerages

Key Points

• Analysts rate Stella-Jones “Moderate Buy”: Five of eight covering firms recommend buying the stock, while three rate it a hold. The average 12-month price target is C$89.62.
• Price targets have been reduced: RBC, CIBC, Raymond James, Scotiabank and National Bank Financial recently lowered their targets, though several maintained outperform or sector-outperform ratings.
• Shares are trading near their 52-week low: SJ opened at C$64.88, compared with a 52-week range of C$64.39 to C$101.31. The company most recently reported quarterly revenue of C$1.04 billion and EPS of C$1.59.

Shares of Stella-Jones Inc. (TSE:SJ - Get Free Report) have received an average rating of "Moderate Buy" from the eight research firms that are currently covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is C$89.62.

SJ has been the topic of several recent analyst reports. Royal Bank Of Canada decreased their price objective on shares of Stella-Jones from C$79.00 to C$76.00 in a report on Wednesday, September 30th. Canadian Imperial Bank of Commerce lowered their price target on Stella-Jones from C$87.00 to C$82.00 in a research report on Thursday, July 9th. Raymond James Financial cut their price target on shares of Stella-Jones from C$90.00 to C$83.00 and set an "outperform" rating on the stock in a research note on Friday, August 7th. Scotiabank cut their target price on shares of Stella-Jones from C$93.00 to C$85.00 and set a "sector outperform" rating on the stock in a research note on Wednesday, August 12th. Finally, National Bank Financial decreased their price target on shares of Stella-Jones from C$95.00 to C$92.00 and set a "sector perform" rating for the company in a research report on Friday, August 7th.

Stella-Jones Trading Down 1.2%

Shares of SJ stock opened at C$64.88 on Wednesday. Stella-Jones has a twelve month low of C$64.39 and a twelve month high of C$101.31. The stock has a market cap of C$3.54 billion, a price-to-earnings ratio of 13.75, a PEG ratio of 2.40 and a beta of -0.12. The company's 50-day moving average price is C$70.94 and its 200-day moving average price is C$77.80. 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 (TSE:SJ - Get Free Report) last posted its earnings results on Thursday, August 6th. The company reported C$1.59 earnings per share (EPS) for the quarter. Stella-Jones had a return on equity of 12.35% and a net margin of 7.36%.The company had revenue of C$1.04 billion during the quarter. As a group, equities analysts predict that Stella-Jones will post 6.4457565 earnings per share for the current 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.

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