FY2027 EPS Estimates for Stella-Jones Lowered by Scotiabank

Key Points

• Scotiabank lowered its FY2027 EPS estimate for Stella-Jones to C$6.19 from C$6.34, while maintaining a “Sector Outperform” rating and a C$85 price target.
• Stella-Jones reported quarterly EPS of C$1.59 on C$1.04 billion in revenue, with a 7.36% net margin and 12.35% return on equity.
• The stock opened at C$71.30, near its 12-month low of C$69.94. Analysts collectively hold a “Moderate Buy” rating, with five Buys and three Holds and an average target price of C$90.

Stella-Jones Inc. (TSE:SJ - Free Report) - Equities research analysts at Scotiabank decreased their FY2027 EPS estimates for shares of Stella-Jones in a research note issued on Wednesday, August 19th. Scotiabank analyst J. Goldman now anticipates that the company will earn $6.19 per share for the year, down from their previous forecast of $6.34. Scotiabank has a "Sector Outperform" rating and a $85.00 price target on the stock. The consensus estimate for Stella-Jones' current full-year earnings is $6.45 per share.

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

Several other research analysts have also recently commented on SJ. Royal Bank Of Canada lowered their target price on Stella-Jones from C$82.00 to C$79.00 and set a "sector perform" rating for the company in a research note on Friday, August 7th. TD reduced their price target on Stella-Jones from C$106.00 to C$93.00 and set a "buy" rating on the stock in a research report on Monday, May 11th. National Bank Financial decreased their price objective on Stella-Jones from C$95.00 to C$92.00 and set a "sector perform" rating for the company in a research note on Friday, August 7th. Desjardins lowered their price objective on 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. Finally, Canadian Imperial Bank of Commerce cut their target price on shares of Stella-Jones from C$87.00 to C$82.00 in a research note on Thursday, July 9th. Five equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of C$90.00.

Stella-Jones Stock Down 2.1%

Shares of TSE SJ opened at C$71.30 on Friday. The stock has a market cap of C$3.89 billion, a P/E ratio of 15.11, a PEG ratio of 2.40 and a beta of -0.07. 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$69.94 and a 12-month high of C$101.31. The business's fifty day simple moving average is C$78.47 and its 200-day simple moving average is C$84.36.

Stella-Jones Company Profile

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. The vast majority of its revenue comes from the Pressure-treated wood segment.

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