Stella-Jones Inc. (TSE:SJ - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$71.40 and traded as high as C$82.70. Stella-Jones shares last traded at C$79.87, with a volume of 106,906 shares changing hands.
Wall Street Analyst Weigh In
A number of research analysts have recently commented on SJ shares. Desjardins cut their price target on Stella-Jones from C$98.00 to C$94.00 and set a "buy" rating for the company in a report on Thursday, May 8th. Royal Bank Of Canada upped their price target on Stella-Jones from C$76.00 to C$82.00 in a report on Monday. CIBC cut their price target on Stella-Jones from C$86.00 to C$79.00 and set an "outperform" rating for the company in a report on Tuesday, April 22nd. Finally, TD Securities boosted their price objective on Stella-Jones from C$88.00 to C$90.00 and gave the company a "buy" rating in a research report on Friday, May 9th. One research analyst has rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average price target of C$84.80.
Get Our Latest Report on Stella-Jones
Stella-Jones Trading Down 1.4%
The company has a debt-to-equity ratio of 87.53, a current ratio of 6.85 and a quick ratio of 1.20. The firm has a market cap of C$4.47 billion, a P/E ratio of 13.96, a price-to-earnings-growth ratio of 2.40 and a beta of 0.64. The firm has a fifty day simple moving average of C$77.25 and a 200-day simple moving average of C$71.64.
About Stella-Jones
(
Get Free Report)
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.
Read More
Before you consider Stella-Jones, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Stella-Jones wasn't on the list.
While Stella-Jones currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.