Stella-Jones (TSE:SJ) Sets New 52-Week Low – What’s Next?

Stella-Jones Inc. (TSE:SJ) reached a new 52-week low during trading on Tuesday. The stock traded as low as C$64.13 and last traded at C$64.49, with a volume of 57,701 shares trading hands. The stock had previously closed at C$65.00.

Wall Street Analyst Weigh In

Several research firms recently commented on SJ. National Bank Financial cut their price target on Stella-Jones from C$95.00 to C$92.00 and set a “sector perform” rating for the company in a report on Friday, August 7th. Royal Bank Of Canada decreased their target price on shares of Stella-Jones from C$79.00 to C$76.00 in a report on Wednesday, September 30th. Raymond James Financial decreased their price objective on Stella-Jones from C$90.00 to C$83.00 and set an “outperform” rating on the stock in a report on Friday, August 7th. Scotiabank lowered their price target on Stella-Jones from C$93.00 to C$85.00 and set a “sector outperform” rating for the company in a report on Wednesday, August 12th. Finally, Canadian Imperial Bank of Commerce lowered their target price on shares of Stella-Jones from C$87.00 to C$82.00 in a research note on Thursday, July 9th. Five analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, Stella-Jones presently has a consensus rating of “Moderate Buy” and a consensus target price of C$89.62.

Stella-Jones Price Performance

The firm’s 50-day moving average price is C$69.37 and its two-hundred day moving average price is C$76.65. The company has a debt-to-equity ratio of 75.40, a quick ratio of 1.20 and a current ratio of 5.25. The firm has a market cap of C$3.52 billion, a PE ratio of 13.67, a P/E/G ratio of 2.40 and a beta of -0.12.

Stella-Jones (TSE:SJ) last posted its earnings results on Thursday, August 6th. The company reported C$1.59 EPS for the quarter. The business had revenue of C$1.04 billion for the quarter. Stella-Jones had a return on equity of 12.35% and a net margin of 7.36%. As a group, equities research analysts expect that Stella-Jones Inc. will post 6.45 EPS for the current fiscal year.

Stella-Jones Company Profile

Stella-Jones Inc (TSX: SJ) is a leading North American manufacturer of products focused on supporting infrastructure essential to the electrical distribution and transmission network, and the operation and maintenance of railway transportation systems. It supplies the continent’s major electrical utility companies with treated wood poles and crossarms, steel lattice towers and steel transmission poles, as well as North America’s Class 1, short line and commercial railroad operators with treated wood railway ties.