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Stella-Jones (OTCMKTS:STLJF) Shares Gap Up - Should You Buy?

Stella-Jones logo with Basic Materials background
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Key Points

  • Stella-Jones shares gapped up ~7.4%, opening at $68.93 after a prior close of $64.21 (volume ~647) and trading above its 50-day ($68.54) and 200-day ($62.71) moving averages.
  • Analyst upgrade: Scotiabank raised the rating from "sector perform" to "outperform," and the stock has an average Street rating of "Buy."
  • Quarterly miss: The company reported EPS of $0.65 vs. $0.74 expected and revenue of $529.37M vs. $554.5M forecast.
  • Five stocks to consider instead of Stella-Jones.

Stella-Jones Inc. (OTCMKTS:STLJF - Get Free Report) shares gapped up prior to trading on Tuesday . The stock had previously closed at $64.21, but opened at $68.93. Stella-Jones shares last traded at $68.93, with a volume of 647 shares traded.

Wall Street Analyst Weigh In

Separately, Scotiabank upgraded shares of Stella-Jones from a "sector perform" rating to an "outperform" rating in a research note on Thursday, January 29th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Stella-Jones currently has an average rating of "Buy".

Check Out Our Latest Report on STLJF

Stella-Jones Stock Up 7.4%

The business's fifty day moving average is $68.54 and its 200-day moving average is $62.71.

Stella-Jones (OTCMKTS:STLJF - Get Free Report) last issued its quarterly earnings results on Thursday, February 26th. The company reported $0.65 earnings per share for the quarter, missing the consensus estimate of $0.74 by ($0.09). The firm had revenue of $529.37 million for the quarter, compared to analyst estimates of $554.50 million.

Stella-Jones Company Profile

(Get Free Report)

Stella-Jones Inc is a North American producer and distributor of pressure-treated wood products used in infrastructure, utility and residential applications. The company’s core offerings include treated railroad ties, utility poles, crossarms, landscape timbers and posts designed to withstand environmental stresses and extend service life. These products support a range of end markets from railways and power transmission to fencing and outdoor construction.

Founded in 1970 and headquartered in Montreal, Canada, Stella-Jones has grown through both organic expansion and targeted acquisitions to establish a network of manufacturing and treatment facilities across Canada and the United States.

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