Stella-Jones Stock Gets Reduced EPS Estimate from Scotiabank

Key Points

• Scotiabank lowered its FY2027 EPS estimate for Stella-Jones to C$6.18 from C$6.19, while maintaining a “Sector Outperform” rating and C$85.00 price target. The revised forecast remains below the broader consensus estimate of C$6.45.
• Analyst sentiment remains generally positive, with five Buy ratings and two Holds, producing a “Moderate Buy” consensus rating and an average target price of C$89.62.
• Stella-Jones shares opened at C$67.54 and were down 0.4%, near the lower end of their 52-week range of C$63.58 to C$101.31. The company’s latest quarterly results included C$1.59 EPS and C$1.04 billion in revenue.

Stella-Jones Inc. (TSE:SJ - Free Report) - Equities research analysts at Scotiabank cut their FY2027 earnings per share (EPS) estimates for shares of Stella-Jones in a report released on Thursday, October 22nd. Scotiabank analyst J. Goldman now expects that the company will post earnings of $6.18 per share for the year, down from their previous forecast of $6.19. Scotiabank currently has a "Sector Outperform" rating and a $85.00 target price on the stock. The consensus estimate for Stella-Jones' current full-year earnings is $6.45 per share.

SJ has been the topic of several other reports. Royal Bank Of Canada decreased their price objective on shares of Stella-Jones from C$79.00 to C$76.00 in a research report on Wednesday, September 30th. Desjardins cut their target price on shares of Stella-Jones from C$104.00 to C$99.00 and set a "buy" rating for the company in a research report on Friday, August 7th. Raymond James Financial reduced 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 report on Friday, August 7th. Canadian Imperial Bank of Commerce lowered their target price on Stella-Jones from C$87.00 to C$82.00 in a report on Thursday, July 9th. Finally, National Bank Financial decreased 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 note on Friday, August 7th. Five analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of C$89.62.

Stella-Jones Stock Down 0.4%

Stella-Jones stock opened at C$67.54 on Friday. Stella-Jones has a fifty-two week low of C$63.58 and a fifty-two week high of C$101.31. The firm has a market capitalization of C$3.69 billion, a price-to-earnings ratio of 14.31, a price-to-earnings-growth ratio of 2.40 and a beta of -0.12. The stock's fifty day moving average is C$68.17 and its two-hundred day moving average is C$75.49. The company has a debt-to-equity ratio of 75.40, a quick ratio of 1.20 and a current ratio of 5.25.

Stella-Jones (TSE:SJ - Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported C$1.59 earnings per share for the quarter. The firm had revenue of C$1.04 billion during the quarter. Stella-Jones had a return on equity of 12.35% and a net margin of 7.36%.

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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