Analysts Set Stella-Jones Inc. (TSE:SJ) PT at C$89.57

Stella-Jones Inc. (TSE:SJ) has earned an average rating of “Moderate Buy” from the six research firms that are covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is C$89.57.

A number of equities research analysts have recently weighed in on the company. National Bankshares lifted their price objective on Stella-Jones from C$87.00 to C$89.00 and gave the stock an “outperform” rating in a research report on Friday, March 1st. Desjardins cut their price objective 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. Scotiabank raised their target price on Stella-Jones from C$86.00 to C$88.00 in a research note on Thursday, May 9th. Royal Bank of Canada raised their target price on Stella-Jones from C$91.00 to C$94.00 and gave the company an “outperform” rating in a research note on Friday, March 1st. Finally, TD Securities raised their target price on Stella-Jones from C$94.00 to C$98.00 in a research note on Friday, May 10th.

Stella-Jones Stock Performance

TSE:SJ opened at C$85.11 on Wednesday. The business’s 50-day moving average price is C$79.69 and its two-hundred day moving average price is C$79.04. Stella-Jones has a twelve month low of C$59.17 and a twelve month high of C$86.29. The stock has a market cap of C$4.82 billion, a P/E ratio of 14.30, a PEG ratio of 2.40 and a beta of 0.68. The company has a quick ratio of 1.20, a current ratio of 6.38 and a debt-to-equity ratio of 100.69.

Stella-Jones (TSE:SJ) last announced its quarterly earnings data 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. The company had revenue of C$688.00 million for the quarter, compared to analysts’ expectations of C$722.50 million. Stella-Jones had a return on equity of 20.77% and a net margin of 10.14%. As a group, equities analysts predict that Stella-Jones will post 5.7666906 EPS for the current fiscal year.

Stella-Jones Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 21st. Investors of record on Monday, June 3rd will be given a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a dividend yield of 1.32%. The ex-dividend date of this dividend is Monday, June 3rd. Stella-Jones’s dividend payout ratio is currently 18.82%.

Insider Activity at Stella-Jones

In other news, Director Kevin Patrick Comerford purchased 1,300 shares of the company’s stock in a transaction that occurred on Tuesday, March 5th. The stock was bought at an average cost of C$53.39 per share, with a total value of C$69,407.00. In related news, Director Kevin Patrick Comerford acquired 1,300 shares of the stock in a transaction dated Tuesday, March 5th. The stock was acquired at an average cost of C$53.39 per share, with a total value of C$69,407.00. Also, Director James Augustus Manzi sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, May 13th. The shares were sold at an average price of C$79.67, for a total value of C$398,350.00. Over the last three months, insiders bought 3,800 shares of company stock valued at $251,922. Insiders own 0.14% of the company’s stock.

Stella-Jones Company Profile

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.