Analysts Set Stella-Jones Inc. (TSE:SJ) Price Target at C$88.00

Shares of Stella-Jones Inc. (TSE:SJGet Free Report) have been given an average rating of “Moderate Buy” by the six research firms that are currently covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is C$88.00.

A number of equities analysts have recently commented on the stock. Scotiabank cut their target price on shares of Stella-Jones from C$95.00 to C$85.00 in a report on Thursday, November 7th. CIBC reduced their target price on shares of Stella-Jones from C$99.00 to C$83.00 in a report on Thursday, November 7th. Royal Bank of Canada decreased their target price on shares of Stella-Jones from C$97.00 to C$81.00 in a research note on Thursday, November 7th. Finally, TD Securities dropped their price target on Stella-Jones from C$103.00 to C$88.00 and set a “buy” rating on the stock in a research report on Thursday, November 7th.

Get Our Latest Research Report on SJ

Insider Buying and Selling at Stella-Jones

In related news, Senior Officer Richard Cuddihy purchased 500 shares of the company’s stock in a transaction dated Wednesday, November 13th. The shares were acquired at an average cost of C$70.85 per share, for a total transaction of C$35,424.00. Also, Director Rhodri Harries bought 5,000 shares of the business’s stock in a transaction on Tuesday, November 12th. The stock was bought at an average price of C$70.50 per share, for a total transaction of C$352,500.00. Insiders bought a total of 10,550 shares of company stock valued at $739,052 in the last ninety days. Insiders own 0.14% of the company’s stock.

Stella-Jones Stock Performance

Shares of SJ stock opened at C$68.16 on Wednesday. The firm has a market cap of C$3.84 billion, a price-to-earnings ratio of 11.01, a PEG ratio of 2.40 and a beta of 0.64. Stella-Jones has a 1 year low of C$67.13 and a 1 year high of C$98.00. The stock’s 50-day moving average is C$86.88 and its two-hundred day moving average is C$87.34. The company has a debt-to-equity ratio of 93.08, a quick ratio of 1.20 and a current ratio of 6.57.

Stella-Jones Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 20th. Stockholders of record on Monday, December 2nd will be paid a $0.28 dividend. The ex-dividend date of this dividend is Monday, December 2nd. This represents a $1.12 annualized dividend and a dividend yield of 1.64%. Stella-Jones’s dividend payout ratio (DPR) is presently 18.09%.

Stella-Jones Company Profile

(Get Free Report

Stella-Jones Inc produces and sells pressure-treated wood products in Canada and the United States. It operates through two segments, Pressure-Treated Wood; and Logs and Lumber. The company offers railway ties and timbers for short line and commercial railroad operators; and wood utility poles for electrical utilities and telecommunication companies.

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Analyst Recommendations for Stella-Jones (TSE:SJ)

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