Stella-Jones Stock Gets Reduced EPS Forecast from Scotiabank

Stella-Jones Inc. (TSE:SJ) – Analysts at Scotiabank lowered their FY2027 earnings per share (EPS) estimates for Stella-Jones in a research report issued to clients and investors on Thursday, October 22nd. Scotiabank analyst J. Goldman now forecasts that the company will post earnings per share of $6.18 for the year, down from their previous forecast of $6.19. Scotiabank has a “Sector Outperform” rating and a $85.00 price objective on the stock. The consensus estimate for Stella-Jones’ current full-year earnings is $6.45 per share.

Several other brokerages also recently issued reports on SJ. Canadian Imperial Bank of Commerce lowered their price objective on shares of Stella-Jones from C$87.00 to C$82.00 in a research report on Thursday, July 9th. Royal Bank Of Canada decreased their target price on shares of Stella-Jones from C$79.00 to C$76.00 in a research note on Wednesday, September 30th. Raymond James Financial lowered their price target on shares of 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. National Bank Financial decreased their price objective on shares of Stella-Jones from C$95.00 to C$92.00 and set a “sector perform” rating for the company in a research report on Friday, August 7th. Finally, Desjardins dropped their target price on Stella-Jones from C$104.00 to C$99.00 and set a “buy” rating on the stock in a research report on Friday, August 7th. Five analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Stella-Jones currently has a consensus rating of “Moderate Buy” and a consensus price target of C$89.62.

Stella-Jones Stock Performance

Stella-Jones stock opened at C$67.54 on Friday. The stock’s 50 day moving average price is C$68.17 and its 200 day moving average price is C$75.49. The firm has a market capitalization of C$3.69 billion, a PE ratio of 14.31, a price-to-earnings-growth ratio of 2.40 and a beta of -0.12. The company has a debt-to-equity ratio of 75.40, a quick ratio of 1.20 and a current ratio of 5.25. Stella-Jones has a one year low of C$63.58 and a one year high of C$101.31.

Stella-Jones (TSE:SJ) last issued its earnings results on Thursday, August 6th. The company reported C$1.59 earnings per share for the quarter. The company had revenue of C$1.04 billion during the quarter. Stella-Jones had a return on equity of 12.35% and a net margin of 7.36%.

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.