Anne Elizabeth Giardini Acquires 1,000 Shares of Stella-Jones (TSE:SJ) Stock

Stella-Jones Inc. (TSE:SJ) Director Anne Elizabeth Giardini purchased 1,000 shares of the business’s stock in a transaction on Monday, May 11th. The stock was purchased at an average cost of C$71.25 per share, with a total value of C$71,250.00. Following the acquisition, the director owned 3,400 shares in the company, valued at approximately C$242,250. This represents a 41.67% increase in their ownership of the stock.

Stella-Jones Trading Down 0.2%

Stella-Jones stock opened at C$74.08 on Thursday. The business has a 50 day moving average price of C$88.12 and a two-hundred day moving average price of C$88.06. The company has a quick ratio of 1.20, a current ratio of 4.96 and a debt-to-equity ratio of 80.71. The stock has a market cap of C$4.04 billion, a price-to-earnings ratio of 13.42, a price-to-earnings-growth ratio of 2.40 and a beta of -0.15. Stella-Jones Inc. has a 12 month low of C$69.94 and a 12 month high of C$101.31.

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

Analysts Set New Price Targets

SJ has been the topic of several analyst reports. Scotiabank lowered their price objective on Stella-Jones from C$99.00 to C$97.00 and set a “sector outperform” rating on the stock in a research note on Tuesday, April 28th. Raymond James Financial lowered their price objective on Stella-Jones from C$100.00 to C$95.00 and set an “outperform” rating on the stock in a research note on Thursday, May 7th. TD Securities upped their price objective on Stella-Jones from C$97.00 to C$107.00 and gave the company a “buy” rating in a research note on Monday, March 2nd. Canadian Imperial Bank of Commerce lowered their price objective on Stella-Jones from C$96.00 to C$87.00 in a research note on Thursday, May 7th. Finally, Desjardins lowered their price objective on Stella-Jones from C$107.00 to C$104.00 and set a “buy” rating on the stock in a research note on Thursday, May 7th. Five investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of C$95.38.

Stella-Jones News Summary

Here are the key news stories impacting Stella-Jones this week:

• Positive Sentiment: Several Stella-Jones insiders and directors bought shares in recent days, including Marco Albanesi, Kevin Patrick Comerford, Mathieu Hebert, Anne Elizabeth Giardini and Kenner James. These purchases can be seen as a bullish signal because leadership is committing personal capital to the stock. Marco Albanesi Purchases 206 Shares of Stella-Jones (TSE:SJ) Stock
• Neutral Sentiment: TD Securities lowered its price target on Stella-Jones to C$93 from C$106, which adds a more cautious valuation view, but the firm maintained its Buy rating, indicating analysts still see upside. Stella-Jones (TSE:SJ) Price Target Lowered to C$93.00 at TD
• Neutral Sentiment: Stella-Jones recently reported solid quarterly results, with C$1.12 EPS on C$791 million in revenue, but the stock is still trading well below its 50-day and 200-day moving averages, reflecting ongoing investor caution despite decent fundamentals.

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.