Stella-Jones Inc. (TSE:SJ - Get Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$77.17 and traded as high as C$80.84. Stella-Jones shares last traded at C$80.00, with a volume of 107,751 shares changing hands.
Analyst Ratings Changes
SJ has been the topic of a number of recent research reports. CIBC lifted their target price on Stella-Jones from C$85.00 to C$86.00 in a research report on Thursday, April 11th. Desjardins lowered their target price on Stella-Jones from C$94.00 to C$92.00 and set a "buy" rating on the stock in a research report on Friday, March 1st. Royal Bank of Canada lifted their target price on Stella-Jones from C$91.00 to C$94.00 and gave the company an "outperform" rating in a research report on Friday, March 1st. National Bankshares lifted their target price on Stella-Jones from C$87.00 to C$89.00 and gave the company an "outperform" rating in a research report on Friday, March 1st. Finally, TD Securities lowered their target price on Stella-Jones from C$96.00 to C$94.00 and set a "buy" rating on the stock in a research report on Friday, March 1st. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of C$88.71.
View Our Latest Research Report on SJ
Stella-Jones Stock Performance
The company has a debt-to-equity ratio of 97.46, a current ratio of 5.07 and a quick ratio of 1.20. The business's 50-day moving average price is C$78.09 and its two-hundred day moving average price is C$77.28. The company has a market capitalization of C$4.54 billion, a price-to-earnings ratio of 14.23, a P/E/G ratio of 2.40 and a beta of 0.68.
Stella-Jones (TSE:SJ - Get Free Report) last released its quarterly earnings results on Thursday, February 29th. The company reported C$0.98 earnings per share for the quarter, beating analysts' consensus estimates of C$0.90 by C$0.08. Stella-Jones had a net margin of 9.82% and a return on equity of 20.32%. The company had revenue of C$688.00 million during the quarter, compared to the consensus estimate of C$722.50 million. Research analysts predict that Stella-Jones Inc. will post 5.7146953 earnings per share for the current year.
Stella-Jones Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 19th. Shareholders of record on Monday, April 1st will be given a dividend of $0.28 per share. This is an increase from Stella-Jones's previous quarterly dividend of $0.23. This represents a $1.12 annualized dividend and a yield of 1.40%. The ex-dividend date of this dividend is Thursday, March 28th. Stella-Jones's payout ratio is currently 19.93%.
Insider Buying and Selling at Stella-Jones
In related news, Director Kevin Patrick Comerford purchased 1,300 shares of the stock in a transaction dated Tuesday, March 5th. The stock was bought at an average cost of C$53.39 per share, for a total transaction of C$69,407.00. In related news, Director Kevin Patrick Comerford purchased 1,300 shares of the stock in a transaction dated Tuesday, March 5th. The stock was bought at an average cost of C$53.39 per share, for a total transaction of C$69,407.00. Also, Senior Officer Richard Cuddihy purchased 500 shares of the stock in a transaction dated Thursday, March 14th. The shares were bought at an average price of C$72.45 per share, with a total value of C$36,225.00. Insiders bought a total of 3,800 shares of company stock worth $251,922 over the last three months. Corporate insiders own 0.14% of the company's stock.
About Stella-Jones
(
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Stella-Jones Inc produces and sells pressure-treated wood products in Canada and the United States. It operates through two segments, Pressure-Treated Wood; and Logs and Lumber. The company offers railway ties and timbers for short line and commercial railroad operators; and wood utility poles for electrical utilities and telecommunication companies.
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