Stella-Jones (OTCMKTS:STLJF) Announces Earnings Results

Stella-Jones (OTCMKTS:STLJF) posted its quarterly earnings results on Wednesday. The company reported $0.99 earnings per share for the quarter, missing analysts’ consensus estimates of $1.11 by ($0.12), Zacks reports. The business had revenue of $687.55 million during the quarter, compared to analyst estimates of $708.67 million. Stella-Jones had a net margin of 8.66% and a return on equity of 14.92%.

Stella-Jones Stock Down 6.3%

Shares of OTCMKTS:STLJF opened at $44.45 on Thursday. The firm has a 50 day simple moving average of $47.82 and a 200-day simple moving average of $57.61. Stella-Jones has a twelve month low of $43.44 and a twelve month high of $72.46. The company has a current ratio of 4.96, a quick ratio of 1.11 and a debt-to-equity ratio of 0.60. The company has a market capitalization of $2.43 billion and a PE ratio of 30.24.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Stella-Jones in a report on Wednesday, September 30th. Canadian Imperial Bank of Commerce reissued a “neutral” rating on shares of Stella-Jones in a research report on Tuesday, October 27th. Two equities research 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, the stock presently has a consensus rating of “Moderate Buy”.

Stella-Jones Company Profile

Stella-Jones Inc is a Canadian manufacturer and marketer of pressure-treated wood products used in infrastructure, construction and residential applications. The company produces utility poles, railway ties and timbers, as well as lumber and other wood products treated for outdoor use.

Its infrastructure products support electric utilities, telecommunications providers and railways, while its residential products are sold for applications such as decks, fences and landscaping. Stella-Jones also provides industrial wood products for customers in sectors including transportation, construction and energy.

Headquartered in Montreal, Quebec, Stella-Jones serves customers primarily across Canada and the United States through a network of manufacturing and distribution facilities.