Stella-Jones Inc. (TSE:SJ) Given Consensus Rating of “Moderate Buy” by Brokerages

Stella-Jones Inc. (TSE:SJ) has been given an average rating of “Moderate Buy” by the eight research firms that are presently covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is C$90.00.

Several research firms have issued reports on SJ. Royal Bank Of Canada lowered their price objective on shares of Stella-Jones from C$82.00 to C$79.00 and set a “sector perform” rating for the company in a research report on Friday, August 7th. TD reduced their target price on shares of Stella-Jones from C$106.00 to C$93.00 and set a “buy” rating on the stock in a research report on Monday, May 11th. Canadian Imperial Bank of Commerce decreased their price target on shares of Stella-Jones from C$87.00 to C$82.00 in a research note on Thursday, July 9th. Raymond James Financial lowered their price target on Stella-Jones from C$90.00 to C$83.00 and set an “outperform” rating for the company in a report on Friday, August 7th. Finally, Desjardins reduced their price objective on Stella-Jones from C$104.00 to C$99.00 and set a “buy” rating on the stock in a report on Friday, August 7th.

Stella-Jones Stock Down 1.9%

TSE:SJ opened at C$70.00 on Tuesday. Stella-Jones has a twelve month low of C$69.59 and a twelve month high of C$101.31. The company has a market cap of C$3.82 billion, a price-to-earnings ratio of 14.83, a price-to-earnings-growth ratio of 2.40 and a beta of -0.07. The stock has a fifty day simple moving average of C$78.01 and a 200-day simple moving average of C$84.01. The company has a current ratio of 5.25, a quick ratio of 1.20 and a debt-to-equity ratio of 75.40.

Stella-Jones (TSE:SJ) last posted its quarterly earnings results on Thursday, August 6th. The company reported C$1.59 EPS for the quarter. The firm had revenue of C$1.04 billion for the quarter. Stella-Jones had a net margin of 7.36% and a return on equity of 12.35%. Analysts anticipate that Stella-Jones will post 6.4457565 EPS for the current year.

About Stella-Jones

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. The vast majority of its revenue comes from the Pressure-treated wood segment.