Stella-Jones (TSE:SJ) Sets New 12-Month Low – What’s Next?

Shares of Stella-Jones Inc. (TSE:SJ) reached a new 52-week low on Tuesday . The stock traded as low as C$68.20 and last traded at C$68.33, with a volume of 29618 shares. The stock had previously closed at C$68.99.

Analyst Ratings Changes

Several equities research analysts have issued reports on SJ shares. Desjardins lowered their price target on Stella-Jones from C$104.00 to C$99.00 and set a “buy” rating for the company in a report on Friday, August 7th. Scotiabank cut their price objective on Stella-Jones from C$93.00 to C$85.00 and set a “sector outperform” rating on the stock in a report on Wednesday, August 12th. TD cut their price objective on shares of Stella-Jones from C$106.00 to C$93.00 and set a “buy” rating on the stock in a research report on Monday, May 11th. National Bank Financial reduced their target price 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 note on Friday, August 7th. Finally, Canadian Imperial Bank of Commerce lowered their target price on Stella-Jones from C$87.00 to C$82.00 in a report on Thursday, July 9th. Five equities research 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.com, the stock has an average rating of “Moderate Buy” and a consensus target price of C$90.00.

Stella-Jones Stock Up 0.2%

The company has a market capitalization of C$3.74 billion, a P/E ratio of 14.53, a PEG ratio of 2.40 and a beta of -0.07. The firm’s 50 day moving average price is C$76.17 and its two-hundred day moving average price is C$82.55. The company has a current ratio of 5.25, a quick ratio of 1.20 and a debt-to-equity ratio of 75.40.

Stella-Jones (TSE:SJ) last announced its quarterly earnings data 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 net margin of 7.36% and a return on equity of 12.35%. Equities research analysts forecast that Stella-Jones Inc. will post 6.4457565 EPS for the current year.

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.