Stella-Jones (TSE:SJ) Director Kenner James Purchases 937 Shares

Stella-Jones Inc. (TSE:SJ) Director Kenner James acquired 937 shares of the firm’s stock in a transaction on Tuesday, May 12th. The shares were bought at an average cost of C$73.22 per share, with a total value of C$68,607.14. Following the completion of the acquisition, the director owned 1,834 shares in the company, valued at C$134,285.48. This represents a 104.46% increase in their ownership of the stock.

Stella-Jones Stock Up 3.0%

Stella-Jones stock traded up C$2.17 during midday trading on Tuesday, hitting C$74.24. The stock had a trading volume of 256,286 shares, compared to its average volume of 143,931. The company has a current ratio of 4.96, a quick ratio of 1.20 and a debt-to-equity ratio of 80.71. The business has a fifty day moving average price of C$88.55 and a 200 day moving average price of C$88.10. Stella-Jones Inc. has a 12 month low of C$69.94 and a 12 month high of C$101.31. The stock has a market cap of C$4.05 billion, a P/E ratio of 13.45, a P/E/G ratio of 2.40 and a beta of -0.15.

Stella-Jones (TSE:SJ) last announced its quarterly earnings data on Wednesday, May 6th. The company reported C$1.12 earnings per share (EPS) for the quarter. The firm had revenue of C$791.00 million for the quarter. Stella-Jones had a return on equity of 14.85% and a net margin of 8.66%. Research analysts predict that Stella-Jones Inc. will post 6.4457565 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on SJ. Royal Bank Of Canada dropped their price target on Stella-Jones from C$93.00 to C$85.00 and set a “sector perform” rating on the stock in a research report on Thursday, May 7th. Scotiabank reduced their price target on shares of Stella-Jones from C$99.00 to C$97.00 and set a “sector outperform” rating for the company in a report on Tuesday, April 28th. Raymond James Financial dropped their price objective on shares of Stella-Jones from C$100.00 to C$95.00 and set an “outperform” rating on the stock in a report on Thursday, May 7th. TD decreased their target price on shares of Stella-Jones from C$106.00 to C$93.00 and set a “buy” rating for the company in a research report on Monday. Finally, Canadian Imperial Bank of Commerce cut their price target on Stella-Jones from C$96.00 to C$87.00 in a report on Thursday, May 7th. Five equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Stella-Jones presently has an average rating of “Moderate Buy” and a consensus price target of C$95.38.

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.