Stella-Jones Inc. (TSE:SJ) Receives Consensus Rating of "Moderate Buy" from Analysts

Key Points

• Stella-Jones has a consensus “Moderate Buy” rating from eight analysts: five recommend buying the stock, while three rate it a hold. The average 12-month price target is C$90.00.
• Analysts have recently lowered their price targets, including Desjardins to C$99, Scotiabank to C$85, TD to C$93, and Raymond James to C$83, though most maintained positive ratings.
• Shares opened at C$73.60, below the consensus target and their 52-week high of C$101.31. In its latest quarter, the company reported C$1.59 in earnings per share and C$1.04 billion in revenue.

Shares of Stella-Jones Inc. (TSE:SJ - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the eight research firms that are presently covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12 month price objective among brokers that have covered the stock in the last year is C$90.00.

Several equities research analysts recently commented on the stock. Desjardins cut their price objective on shares of Stella-Jones from C$104.00 to C$99.00 and set a "buy" rating on the stock in a research report on Friday, August 7th. Scotiabank lowered 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. TD dropped 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 note on Monday, May 11th. Canadian Imperial Bank of Commerce cut their price target on Stella-Jones from C$87.00 to C$82.00 in a report on Thursday, July 9th. Finally, Raymond James Financial reduced their price objective on Stella-Jones from C$90.00 to C$83.00 and set an "outperform" rating for the company in a research report on Friday, August 7th.

Stella-Jones Stock Performance

Shares of SJ stock opened at C$73.60 on Tuesday. The company has a debt-to-equity ratio of 75.40, a quick ratio of 1.20 and a current ratio of 5.25. The company has a market capitalization of C$4.02 billion, a P/E ratio of 15.59, a price-to-earnings-growth ratio of 2.40 and a beta of -0.07. The company's 50 day moving average price is C$79.00 and its two-hundred day moving average price is C$84.74. Stella-Jones has a 52 week low of C$69.94 and a 52 week high of C$101.31.

Stella-Jones (TSE:SJ - Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported C$1.59 earnings per share for the quarter. Stella-Jones had a net margin of 7.36% and a return on equity of 12.35%. The company had revenue of C$1.04 billion during the quarter. On average, analysts expect that Stella-Jones will post 6.4457565 earnings per share for the current fiscal year.

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.

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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source