Stella-Jones Inc. (TSE:SJ) Receives Average Recommendation of “Moderate Buy” from Brokerages

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

A number of analysts recently weighed in on the stock. National Bankshares upped their target price on shares of Stella-Jones from C$87.00 to C$89.00 and gave the stock an “outperform” rating in a research note on Friday, March 1st. Royal Bank of Canada upped their target price on shares of Stella-Jones from C$91.00 to C$94.00 and gave the stock an “outperform” rating in a research note on Friday, March 1st. Desjardins dropped their price target on shares of Stella-Jones from C$94.00 to C$92.00 and set a “buy” rating on the stock in a research note on Friday, March 1st. CIBC increased their price target on shares of Stella-Jones from C$85.00 to C$86.00 in a research note on Thursday, April 11th. Finally, TD Securities increased their price target on shares of Stella-Jones from C$94.00 to C$98.00 in a research note on Friday, May 10th.

Insider Transactions at Stella-Jones

In other Stella-Jones news, Director Kevin Patrick Comerford bought 1,300 shares of the stock in a transaction dated Tuesday, March 5th. The shares were acquired at an average cost of C$53.39 per share, for a total transaction of C$69,407.00. In other Stella-Jones news, Director Kevin Patrick Comerford bought 1,300 shares of the stock in a transaction dated Tuesday, March 5th. The shares were acquired at an average cost of C$53.39 per share, for a total transaction of C$69,407.00. Also, Director Simon Pelletier bought 2,000 shares of the stock in a transaction dated Wednesday, March 13th. The shares were acquired at an average price of C$73.15 per share, for a total transaction of C$146,290.00. Over the last ninety days, insiders have acquired 3,800 shares of company stock worth $251,922. Insiders own 0.14% of the company’s stock.

Stella-Jones Stock Up 0.8 %

SJ stock opened at C$85.11 on Wednesday. The company’s 50 day moving average price is C$79.69 and its 200 day moving average price is C$79.01. The company has a debt-to-equity ratio of 100.69, a quick ratio of 1.20 and a current ratio of 6.38. Stella-Jones has a fifty-two week low of C$59.17 and a fifty-two week high of C$86.29. The firm has a market capitalization of C$4.82 billion, a price-to-earnings ratio of 14.30, a PEG ratio of 2.40 and a beta of 0.68.

Stella-Jones (TSE:SJ) last released its earnings results on Thursday, February 29th. The company reported C$0.98 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.90 by C$0.08. Stella-Jones had a net margin of 10.14% and a return on equity of 20.77%. The firm had revenue of C$688.00 million for the quarter, compared to analyst estimates of C$722.50 million. On average, equities research analysts anticipate that Stella-Jones will post 5.7120805 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. Stockholders of record on Monday, June 3rd will be given a dividend of $0.28 per share. The ex-dividend date of this dividend is Monday, June 3rd. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.32%. Stella-Jones’s dividend payout ratio (DPR) is presently 18.82%.

About Stella-Jones

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.